The Korth Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ADA, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 16 grants totaling $451K. Net investment income was $457K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.9M
+7.2% YoY
Annual Giving
$451K
+85.2% YoY
Grant Count
16
+33.3% YoY
Avg Grant Size
$28K
+38.9% YoY
Under IRS private-foundation payout rules, The Korth Family Foundation Inc reported a distributable amount of $315K for 2024 — the minimum it must pay out in qualifying distributions.
About The Korth Family Foundation Inc
Based on IRS filings
The Korth Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ADA, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 16 grants totaling $451K. Net investment income was $457K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,883,149 | $6,421,035 | $5,943,733 |
| Revenue | $606,263 | $444,935 | $-479,375 |
| Expenses | $462,979 | $248,567 | $403,663 |
| Qualifying Distributions | $450,822 | $243,400 | $309,000 |
| Net Investment Income | $457,216 | $443,564 | $253,016 |
| Distributable Amount | $314,586 | $299,471 | $315,942 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
69 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pt Lookout Land Conservancy ($168,322), Ceibobamba ($45,000), Operation Airdrop Inc ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MOTIVATIONAL MISSIONS MIAMI, FL | GENERAL CONTRIBUTION TO CHARITY | $25,000 |
| THE KIWANIS OF LITTLE HAVANA FOUNDA MIAMI, FL | GENERAL CONTRIBUTION TO CHARITY | $25,000 |
| CEIBOBAMBA GILA, NM | GENERAL CONTRIBUTION TO CHARITY | $45,000 |
| SUNDARI FOUNDATION INC DBA LOTUS H MIAMI, FL | GENERAL CONTRIBUTION TO CHARITY | $5,000 |
| WOMEN'S CLUB OF COCONUT GROVE COCONUT GROVE, FL | GENERAL CONTRIBUTION TO CHARITY | $25,000 |
| VILLAGES CDC DETROIT, MI | GENERAL CONTRIBUTION TO CHARITY | $15,000 |
| FIU FOUNDATION MIAMI, FL | GENERAL CONTRIBUTION TO CHARITY | $25,000 |
| TRUE NORTH CLASSICAL ACADEMY MIAMI, FL | GENERAL CONTRIBUTION TO CHARITY | $10,000 |
| DAVE'S HOUSE ORLANDO, FL | GENERAL CONTRIBUTION TO CHARITY | $15,000 |
| PT LOOKOUT LAND CONSERVANCY ADA, MI | GENERAL DONATION TO CHARITY | $168,322 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS A KORTH | PRESIDENT | — | — |
| JAMES W KORTH | DIRECTOR | — | — |
| COLLEEN KORTH | DIRECTOR | — | — |
| JENNIFER KORTH-LLORENTE | SECRETARY | — | — |
| PAUL KORTH | DIRECTOR | — | — |
| KIM MOORE | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Korth Family Foundation Inc?
The Korth Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ADA, MI. It holds $6.9M in total assets as of 2024.
How large is The Korth Family Foundation Inc?
As of 2024, The Korth Family Foundation Inc holds $6.9M in total assets with $606K in annual revenue. It awarded 16 grants totaling $451K in 2024.
Where does The Korth Family Foundation Inc operate?
The Korth Family Foundation Inc has awarded grants in California, Connecticut, Delaware, Florida, Illinois, Indiana, Kentucky, Michigan, New Mexico, New York, Texas, Virginia, Washington.
What size grants does The Korth Family Foundation Inc award?
In 2024, The Korth Family Foundation Inc awarded 16 grants totaling $451K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is The Korth Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Korth Family Foundation Inc reported a distributable amount of $315K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Korth Family Foundation Inc's EIN?
The Korth Family Foundation Inc's EIN (Employer Identification Number) is 65-0737345. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Korth Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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