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New Jersey · Private foundation

Korones Family Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$126k
Granted FY2025(still arriving)
16
Grants FY2025
12
Organizations funded FY2024
25%
First-time grantees FY2024
Read the full brief
Median grant, FY2025
$5,165
Largest grant, FY2025
$15,000
Organizations funded a year
11 to 14
FY2021 to FY2024
States reached, FY2025
6
Total assets, FY2025
$2.6M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2024, 25% of the organizations Korones Family Foundation funded were first-time grantees, receiving 19% of its grant dollars.

New vs renewed · share of each year

In FY2024, 81% of grant dollars renewed an existing relationship; $25k went to new ones.

50%100%’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’22’23’24
Arts & CultureCrime & LegalHealthInternationalCivil RightsPublic Safety & DisasterOther
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
FY2025still arriving16$126k50%
FY202412$131k25%
FY202314$135k57%
FY202211$144k27%
FY202111$107kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2025.

Arts & Culture$197kEducation$98kCrime & Legal$85kHealth$77kCivil Rights$40kInternational$40kPublic Safety & Disaster$29kEnvironment$25kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

NY
MA
OH
NJ
CA
MD
TN
DC
AL
GA

Top grantees

Largest recipients by total granted, FY2021 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 27 grantees

What it could do for these grantees

Plus 6 recipients with no EIN on record ($110k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Korones Family Foundation supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetLorraine Civil Rights Museum Foundation: $95,740 over 5y, 0.3% of budgetTennessee Justice Center Inc: $75,000 over 5y, 0.3% of budgetThe Aslan Project Inc: $55,000 over 4y, 3.7% of budgetMemphis Symphony Orchestra Inc: $42,000 over 5y, 0.3% of budgetHias Inc: $30,000 over 2y, 0.0% of budgetNational Network of Abortion Funds Inc: $25,000 over 2y, 0.1% of budgetSucceed2gether Inc: $20,565 over 5y, 2.8% of budgetRochester Regional Health: $20,000 over 1y, 0.1% of budgetMemphis Equity Through Arts Inc: $20,000 over 2y, 1.0% of budgetWorld Central Kitchen Inc: $18,383 over 3y, 0.0% of budgetIfwhenhow: $15,050 over 2y, 0.1% of budgetCore Community Organized Relief Effort: $10,500 over 1y, 0.0% of budgetMid-South Food Bank: $10,000 over 1y, 0.0% of budgetSouthern Poverty Law Center Inc: $10,000 over 1y, 0.0% of budgetJust City Inc: $10,000 over 1y, 0.7% of budgetCatholic Charities of West Tennessee Inc: $10,000 over 1y, 0.1% of budgetThe Laundromat Project Inc: $10,000 over 1y, 0.2% of budgetJazz House Kids Inc: $6,500 over 2y, 0.2% of budgetPen American Center Inc: $5,000 over 1y, 0.0% of budgetNational Council of Jewish Women Incorporated: $5,000 over 1y, 0.1% of budgetFoodlink Inc: $3,000 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 21.

Nonprofits that may fit its grantmaking

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.

Christian Community Foundation of MemphisTN15.2× affinity5 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Christian Community Foundation of Memphis · Community Foundation of Greater Memphis Inc · The Urban Child Institute · The Assisi Foundation of Memphis Inc · The Kemmons Wilson Family Foundation · The Blackbaud Giving Fund · Jpmorgan Chase Foundation · The Pfizer Foundation Inc · Morgan Stanley Global Impact Funding Trust Inc · Vanguard Charitable Endowment Program · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc

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 Korones Family Foundation with peer funders

About Korones Family Foundation

How much does Korones Family Foundation give?
Korones Family Foundation reported 16 grants totaling $126,351 in its FY2025 IRS filing. It funded between 11 and 14 organizations a year over FY2021 to FY2024.
What does Korones Family Foundation fund?
By grant dollars over FY2021 to FY2025, its largest causes are Arts & Culture (31%), Education (15%), Crime & Legal (13%).
Who are Korones Family Foundation's largest grantees?
By total granted over FY2021 to FY2025: Lorraine Civil Rights Museum Foundation ($96k), Tennessee Justice Center Inc ($75k), The Aslan Project Inc ($55k).
Does Korones Family Foundation fund new organizations?
In FY2024, 25% of the organizations it funded were first-time grantees.
Does Korones Family Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Korones Family Foundation?
Its strongest co-funders, measured against what their size predicts, include Christian Community Foundation of Memphis, Community Foundation of Greater Memphis Inc, The Urban Child Institute.
Where is Korones Family Foundation based?
Korones Family Foundation is based in NJ.

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 33 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 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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