The Jim and Margaret Krum Foundation Inc
The Krum Foundation operates exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the Community Foundation of the Lowcountry, Inc. ("Foundation"), a publicly supported organization described in sections 501(c)(3) and 509(a)(1) of the Code. A traditional community foundation founded in 1994, Community Foundation of the Lowcountry, Inc. serves the residents of South Carolina counties: Beaufort, Colleton, Hampton, and Jasper. The Krum Foundation will further its exempt purposes by making grants directly to the Community Foundation and to organizations which are, or could be supported by the Community Foundation consistent with its own charitable purposes. Community Foundation grants are awarded to organizations that work in a variety of charitable areas, including arts & culture, education and youth development, and health and human services. Both the Krum Foundation and the Community Foundation expect to make scholarship grants to individuals.
Key facts about The Jim and Margaret Krum Foundation Inc
- EIN
- 27-1777206
- Latest 990 filing
- Form 990, 2025
- Total assets
- $12,373,299
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$12.4M
+3.6% YoY
Revenue
$258K
+106.4% YoY
Net Investment Income
$257K
+105.8% YoY
Expenses
$541K
+107.5% YoY
About The Jim and Margaret Krum Foundation Inc
Based on IRS filings
The Jim and Margaret Krum Foundation Inc is a public charity, based in Hilton Head Island, SC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $12.4M in total assets. Net investment income was $257K.
Focus Areas
Ready to take the next step with The Jim and Margaret Krum Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2023, annual grant giving ranged from $3K (2022) to $335K (2021). In 2023 it made 1 grant totaling $6K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 28 grants of 29 (97%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $12,373,299 | $11,944,370 | $11,252,230 |
| Revenue | $258,270 | $125,103 | $84,195 |
| Expenses | $540,614 | $260,563 | $498,940 |
| Net Investment Income | $256,720 | $124,747 | $78,419 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
Leadership & Key People
Officers and directors from IRS filings
The Jim and Margaret Krum Foundation Inc is led by Martin Cohn, Chairman on every filing since 2021; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Martin Cohn
Chairman
On filings since 2021
1 hr/week
$3K (2021) → $0 (2025)
Hank Noble
Director
On filings since 2021
1 hr/week
$3K (2021) → $0 (2025)
Emmy Rooney
Secretary & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Wade Webster
Vice Chairman
On filings since 2021
1 hr/week
No compensation reported
Trish heichel
Board Member
On filings since 2024
1 hr/week
No compensation reported
Former officers (1)
- Former: Beryl Lamotte (2021–2023) — Board Member
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2022 IRS filing
The highest reported compensation on the 2022 filing was $3K, to Martin Cohn (Chairman). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Jim and Margaret Krum Foundation Inc
How large is The Jim and Margaret Krum Foundation Inc?
The Jim and Margaret Krum Foundation Inc reported $12.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $258K.
Where does The Jim and Margaret Krum Foundation Inc operate?
The Jim and Margaret Krum Foundation Inc has awarded grants in Alabama, California, District of Columbia, Georgia, Illinois, Kentucky, Michigan, North Carolina, New York, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Vermont.
What is The Jim and Margaret Krum Foundation Inc's EIN?
The Jim and Margaret Krum Foundation Inc's EIN (Employer Identification Number) is 27-1777206. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching The Jim and Margaret Krum Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in The Jim and Margaret Krum Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Grant Thornton Foundation
Chicago, IL
In 2024, the Grant Thornton Foundation funded general support, educational institutions, and disaster relief, awarding 10 grants of $1,575 to $41,450 (median $19,060). It is based in Chicago, with 2024 grants concentrated in California, Arizona, and Florida. The foundation gives only to preselected organizations and does not accept unsolicited requests.
Assets
$224K
Grants
10
Total Given
$181K
KPMG US Foundation Inc
Montvale, NJ
KPMG US Foundation supports education, mental health, community vitality, and community relief and resilience, with grants distributed across the United States. Its 2025 grants had a median of $25,000, though amounts ranged from about $5,000 to $2.2 million. The available information does not say whether it accepts unsolicited requests.
Assets
$12.4M
Grants
387
Total Given
$33.5M
Tulsa Community Foundation
Tulsa, OK
Tulsa Community Foundation supports charitable causes through donor-advised grants and selected funds, including scholarships, emergency assistance, disaster relief, arts and humanities, healthcare, and financial literacy, primarily in the Tulsa metro area and eastern Oklahoma, with some giving elsewhere in the United States. Its 2024 median grant was $18,560; selected field-of-interest funds have application cycles, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
National Collegiate Athletic Association
Indianapolis, IN
The NCAA funds college sports, including member conferences and schools, championships, student-athlete programs, coaching and athletics administration, and academic initiatives. Its 2025 grants ranged from $5,000 to $61.9 million, with a median of $16,228; recipients were across the United States, with the largest reported shares in Texas, North Carolina, Illinois, and Alabama. The profile does not state whether the NCAA accepts unsolicited requests.
Assets
$1.1B
Grants
591
Total Given
$627.8M
The Trustees of Columbia University in the City of New York
New York, NY
Columbia funds research, education and research, and capital projects, primarily through grants to universities and medical and research institutions across the United States, with the largest share going to New York recipients. Its 2025 grants had a median of about $109,000, though awards ranged from $5,350 to $15.1 million. The profile does not state whether it accepts unsolicited requests.
Assets
$26.0B
Grants
417
Total Given
$208.3M
Hispanic Scholarship Fund
El Segundo, CA
Hispanic Scholarship Fund supports higher education through scholarships and college-preparation, career, mentorship, leadership, and wellness services, with grants primarily funding student scholarships at colleges and universities. Its 2026 grants ranged from $5,176 to $1,352,727, with a median of $31,603, and went to recipients across multiple states, especially California, Georgia, New York, Texas, and Massachusetts. The profile does not state whether HSF accepts unsolicited requests.
Assets
$198.0M
Grants
316
Total Given
$29.1M
Herb Kohl Educational Foundation Inc
Milwaukee, WI
The foundation funds educational excellence in Wisconsin, including student scholarships and awards for teachers, principals, schools, and classrooms; its 2025 grants ranged from $290 to $15,000, with a median of $6,000. It directs applicants to its program applications for application details; whether it accepts unsolicited requests is not stated.
Assets
$14K
Grants
425
Total Given
$2.1M
Ernst & Young Foundation
New York, NY
Ernst & Young Foundation supports higher education through employee and partner matching gifts, as well as educational and special-project grants, including research, education forums, and programs that expand educational opportunity. In 2025, it made 637 grants ranging from $5,056 to $316,005, with a median of $13,525, to recipients across multiple states; the largest shares went to New York, Texas, California, Michigan, and Pennsylvania. The profile does not state whether it accepts unsolicited requests.
Assets
$47.6M
Grants
637
Total Given
$16.7M
American Heart Association Inc
Dallas, TX
The American Heart Association funds basic, clinical, behavioral, translational and population research on cardiovascular, cerebrovascular and brain health, along with research training and education programs. In 2025 it awarded 833 grants totaling about $198 million; amounts ranged from $5,000 to nearly $9.93 million, with a median of $20,000. Research awards are for eligible U.S.-based nonprofit institutions, and the profile describes a formal proposal process but does not state whether unsolicited requests are accepted.
Assets
$2.0B
Grants
833
Total Given
$198.2M
Folds of Honor Foundation
Owasso, OK
Folds of Honor funds education scholarships for spouses and children of U.S. military service members and first responders killed or disabled in service, with awards available for K–12 and higher education in the United States and its territories. Awards are up to $5,000 per academic year, based on unmet need, and are paid directly to the school. It accepts scholarship applications through an online portal during its annual application window; it does not make grants to outside applicants.
Assets
$122.3M
Grants
1,551
Total Given
$37.6M
More Funders in South Carolina
The Jim and Margaret Krum Foundation Inc down — hundreds of funders to go?