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.
The Jim and Margaret Krum Foundation Inc at a glance
- Total assets
- $12,373,299
- +3.6% vs 2024
- Revenue (2025)
- $258,270
- +106.4% vs 2024
- Net investment income (2025)
- $256,720
- +105.8% vs 2024
- Expenses (2025)
- $540,614
- +107.5% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Jim and Margaret Krum Foundation Inc funds
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%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Foundation of the Lowcountry Inc Hilton Head Island, SC | Program Support | $6,000 |
Ready to take the next step with The Jim and Margaret Krum Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $12,373,299 | $258,270 | $540,614 | — | — | $256,720 |
| 2024 | $11,944,370 | $125,103 | $260,563 | — | — | $124,747 |
| 2023 | $11,252,230 | $84,195 | $498,940 | $6,000 | 1 | $78,419 |
| 2022 | $10,817,776 | $417,843 | $510,948 | $3,000 | Total only | $417,496 |
| 2021 | $13,107,753 | $3,164,010 | $493,066 | $335,250 | 28 | $3,164,010 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
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
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.
Data update history
(4)
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)
Live grants for the work The Jim and Margaret Krum Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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
More similar funders
More Funders in South Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Jim and Margaret Krum Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Jim and Margaret Krum Foundation Inc down — hundreds of funders to go?