The Maurice J Koury Foundation Inc
The Maurice J Koury Foundation Inc is a private foundation based in Burlington, North Carolina. Established in 1991, the foundation operates as a family foundation with a focus on philanthropic giving in education, human services, and related areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.0M
-5.6% YoY
Annual Giving
$730K
+16.8% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$104K
+0.1% YoY
Mission & Focus Areas
The foundation's primary funding focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science and STEM Education
- Obesity Prevention
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in:
- North Carolina
- Wisconsin
- Alabama
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $7,415,824
Total Annual Giving: $845,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,996,835 | $8,474,496 | $8,720,672 |
| Revenue | $333,608 | $469,417 | $488,811 |
| Expenses | $811,269 | $715,593 | $1,023,239 |
| Qualifying Distributions | $730,000 | $625,000 | $800,000 |
| Net Investment Income | $306,175 | $386,170 | $459,508 |
| Distributable Amount | $448,745 | $422,577 | $470,133 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is connected to Maurice J. Koury, a Burlington native born to Lebanese immigrant parents. Koury graduated from the University of North Carolina at Chapel Hill in 1949 with a B.A. in chemistry and went on to become president of Carolina Hosiery Mills, Inc. His business interests expanded to include hotel and commercial property development.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANN KIRKPATRICK KOURY | PRESIDENT/SECRETARY | 1 | — |
| MILTOM E PETTY | TREASURER/DIRECTOR | 4 | $50,000 |
Contact Information
Address: PO Box 850, Burlington, NC 27216-0850
Telephone: 336-570-2129
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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