Korhumel Foundation
Preselected recipients only
Korhumel Foundation is a private foundation in Lake Froest, Illinois. In tax year 2024 it gave $8,880 in 6 grants; the typical grant was $700 and the largest $4,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$8,880
- Number of grants6
- Typical grant$700
- Largest grant$4,000
- Assets$217,086
- New grantees67%
Giving in 2024 was up from $6,580 the year before.
67% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $6,580 | 5 | $192,841 |
| 2024 | $8,880 | 6 | $217,086 |
How to apply
Korhumel Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
Its grants went to recipients in 3 states, the most to Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 2 | $4,500 |
| Illinois | 3 | $3,880 |
| Tennessee | 1 | $500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Carson Springs Foundation | Habitat for wild life animals | $4,000 |
| Lake Forest Academy | Provide for various educational needs | $2,500 |
| Salvation Army & Easter Seals | Provide support for various needs | $900 |
| St Judes & St Josephs Hospital | Provide support for various needs | $500 |
| Wounded Warriors | Provide support for various needs | $500 |
| Korhumel Foundation to Various Organizations | Provide support for various uses | $480 |
Officers and trustees
- Lee Korhumel
- Carol Korhumel
Questions people ask
Does Korhumel Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Korhumel Foundation give?
$8,880 in tax year 2024, across 6 grants, with a typical grant of $700.
Who runs Korhumel Foundation?
Its 2024 filing lists Lee Korhumel (President) and Carol Korhumel (Vice President).