Korff Foundation

Organization Overview

Korff Foundation is located in Comstock Park, MI. The organization was established in 1994. 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. Korff Foundation 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, Korff Foundation generated $640.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $502.1k during the year ending 12/2021. While expenses have increased by 13.0% 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 2015, Korff Foundation has awarded 656 individual grants totaling $2,077,935. 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 $10
Dividends & Interest $127,613
Net Rental Income$0
Net Gain on Sale of Assets $501,186
Capital Gain Net Income $501,186
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $11,952
Total Revenue $640,761

Grants Awarded

Over the last fiscal year, Korff Foundation has awarded $414,635 in support to 87 organizations.

Grant RecipientAmount

WASHINGTON UNIVERSITY IN ST LOUIS

PURPOSE: EDUCATIONAL

$25,000

CALHOUN INTERMEDIATE SCHOOL DISTRICT - JACK KORFF CAREER FUND

PURPOSE: EDUCATIONAL

$25,000

ALLIANCE DEFENDING FREEDOM

Org PageRecipient Profile

Scottsdale, AZ

PURPOSE: RELIGIOUS

$20,000

VAN ANDEL SCHOOL OF STATESMANSHIP

PURPOSE: EDUCATIONAL

$20,000

Grand Rapids, MI

PURPOSE: EDUCATIONAL

$15,000

ST ANN'S PARISH AND IT'S MISSIONS

PURPOSE: RELIGIOUS

$15,000
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