Richard A & James F Corroon Foundation Inc

Organization Overview

Richard A & James F Corroon Foundation Inc is located in Wilmington, DE. The organization was established in 1968. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard A & James F Corroon Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Richard A & James F Corroon Foundation Inc generated $183.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $16.5k during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Richard A & James F Corroon Foundation Inc has awarded 270 individual grants totaling $578,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $9
Dividends & Interest $38,724
Net Rental Income$0
Net Gain on Sale of Assets $144,624
Capital Gain Net Income $58,300
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $183,357

Grants Awarded

Over the last fiscal year, Richard A & James F Corroon Foundation Inc has awarded $103,000 in support to 45 organizations.

Grant RecipientAmount

HANNA BOYS CENTER

Org PageRecipient Profile

Sonoma, CA

PURPOSE: GENERAL FUND

$10,000

SUN VALLEY CENTER OF ART

PURPOSE: GENERAL FUND

$8,000

TRUST FOR PUBLIC LAND

PURPOSE: GENERAL FUND

$7,500

Bronx, NY

PURPOSE: GENERAL FUND

$6,000

INTERFAITH WORKS THE PEOPLES HOUSE

PURPOSE: GENERAL FUND

$5,000

YMCA OF SO FL

PURPOSE: GENERAL FUND

$4,000
View Grant Profile

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