Korones Family Foundation
Preselected recipients only
Korones Family Foundation is a private foundation in Montclair, New Jersey. In tax year 2024 it gave $126,351 in 16 grants; the typical grant was $5,082 and the largest $15,000. 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$126,351
- Number of grants16
- Typical grant$5,082
- Largest grant$15,000
- Assets$2.6 million
- New grantees56%
Giving in 2024 was down from $131,085 the year before.
56% 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 |
|---|---|---|---|
| 2023 | $131,085 | 12 | $2.7 million |
| 2024 | $126,351 | 16 | $2.6 million |
How to apply
Korones Family 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.
What Korones Family Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to Tennessee.
| State | Grants | Amount |
|---|---|---|
| Tennessee | 7 | $80,325 |
| District of Columbia | 2 | $18,133 |
| New Jersey | 4 | $12,728 |
| California | 1 | $5,165 |
| Maryland | 1 | $5,000 |
| Ohio | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Aslan Project | Helping children with cancer | $15,000 |
| Facing History and Ourselves | Engage students of diverse backgrounds in an examination of racism, prejudice, and antisemitism | $15,000 |
| National Civil Rights Museum | Civil rights support and education | $15,000 |
| Tennessee Justice Center | Assist with healthcare and legal services to needy and disabled people | $15,000 |
| Tennessee Immigrant & Refugee Rights Coalition | Mission is to build power, amplify our voices, and organize communities to advocate for our rights. | $10,325 |
| Catholic Charities of West Tennessee | Offers emergency services, homeless services, and community support services for those in need. | $10,000 |
| Memphis Symphony Orchestra | Inspire community through meaningful musical experiences and educational programs | $10,000 |
| Palestine Children's Relief Fund | To provide medical and humanitarian relief collectively and individually to children throughout the levant. | $5,165 |
| Heal Palestine | Deliver urgent relief and long-term support to children & families. | $5,000 |
| Montclair Jazz Festival | To support annual jazz festival | $5,000 |
| My Cup of Tea | Providing the women of orange mound with employment | $5,000 |
| NPR | Independent, nonprofit media organization that was founded on a mission to create a more informed public. | $5,000 |
| World Central Kitchen | Disaster relief through food | $3,133 |
| SUCCEED2GETHER | Provides one-on-one after-school tutoring to students K-12. | $2,647 |
| Make the Road NJ | Builds the power of immigrant and working-class communities in nj. | $2,581 |
| Montclair Local News | Independent local news organization | $2,500 |
Officers and trustees
- David N Korones
- Susan K Gifford
- Ann R Falsey
Questions people ask
Does Korones Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Korones Family Foundation give?
$126,351 in tax year 2024, across 16 grants, with a typical grant of $5,082.
Who runs Korones Family Foundation?
Its 2024 filing lists David N Korones (Director and President), Susan K Gifford (Director, Treasurer, Secre) and Ann R Falsey (Director).
What does Korones Family Foundation fund?
Based on its grants, mainly human services, arts and culture and education.