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North Carolina · Private foundation

F a Korschun Foundation Inc

Its FY2023 filing reports that it accepted unsolicited grant applications.

$45k
Granted FY2023
6
Grants FY2023
6
Organizations funded FY2023
17%
First-time grantees FY2023
Read the full brief
Median grant, FY2023
$7,458
Largest grant, FY2023
$7,459
Organizations funded a year
6 to 10
FY2020 to FY2023
States reached, FY2023
2
Total assets, FY2023
$757k
Applications
Takes unsolicited applications
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 17% of the organizations F a Korschun Foundation Inc funded were first-time grantees, receiving 17% of its grant dollars.

New vs renewed · share of each year

In FY2023, 83% of grant dollars renewed an existing relationship; $7k went to new ones.

50%100%’21’22’23
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20236$45k17%
FY202210$53k20%
FY20219$48k11%
FY20208$47kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2023.

Health$64kFood & Nutrition$53kEducation$36kYouth Development$31kHousing & Shelter$7k

Top grantees

Largest recipients by total granted, FY2020 to FY2023, and the share of each one’s budget the grants supplied at peak.

Plus 7 recipients with no EIN on record ($93k), not named here.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

M & J Foundation IncNC13.6× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: M & J Foundation Inc · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare F a Korschun Foundation Inc with peer funders

About F a Korschun Foundation Inc

How much does F a Korschun Foundation Inc give?
F a Korschun Foundation Inc reported 6 grants totaling $44,750 in its FY2023 IRS filing. It funded between 6 and 10 organizations a year over FY2020 to FY2023.
What does F a Korschun Foundation Inc fund?
By grant dollars over FY2020 to FY2023, its largest causes are Health (33%), Food & Nutrition (28%), Education (19%).
Who are F a Korschun Foundation Inc's largest grantees?
By total granted over FY2020 to FY2023: Boys & Girls Clubs of Wayne Co Inc ($23k), Community Soup Kitchen of Goldsboro Inc ($22k), Shriners Hospitals for Children ($21k).
Does F a Korschun Foundation Inc fund new organizations?
In FY2023, 17% of the organizations it funded were first-time grantees.
Does F a Korschun Foundation Inc accept unsolicited applications?
Its most recent filing reports that it accepts unsolicited grant applications.
Which funders back the same organizations as F a Korschun Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include M & J Foundation Inc, Amazonsmile Foundation.
Where is F a Korschun Foundation Inc based?
F a Korschun Foundation Inc is based in NC.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 12 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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