· Private foundation
The Steven H Korman 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.
Read this first · the figures below need context
63% of The Steven H Korman Family Foundation’s FY2025 grant dollars went to Bank Of America Charitable Gift Fd, not to grantees.
Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2025 names 5 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2023, the last year The Steven H Korman Family Foundation named its own grantees at scale: 7 organizations, $319k. It is dated, not current.
Organizations named directly on the return
Amber years are those where most dollars went to a sponsor.
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2025.
Where the money goes
Grants by size, and the largest recipients.
By grant size · FY2023
- Under $10k3 grants · $19k
- $10k–50k7 grants · $101k
- $50k–250k1 grant · $200k
| Recipient | Amount |
|---|---|
| THOMAS JEFFERSON UNIVERSITY | $200,000 |
| RUTGERS UNIVERSITY FOUNDATION | $25,000 |
| MANNA | $20,000 |
| TEAM IMPACT | $15,000 |
| THE ARCHITECTURAL LEAGUE | $10,500 |
| KLEIN LIFE | $10,000 |
| BIRTHRIGHT ISRAEL FOUNDATION | $10,000 |
| THOMAS JEFFERSON UNIVERSITY | $10,000 |
| MANNA | $8,500 |
| BEAT THE STREETS | $5,000 |
| PHILADELPHIA ZOO | $5,000 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
Its human-services grants (FY20–20, $20k) land where the poverty rate runs at 22%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.
How this is measured
How this is measured
Where the work is directed
The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.
About 29% of The Steven H Korman Family Foundation’s grant dollars are earmarked for a different county than the recipient’s own address.
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
Grantees it renews have grown median revenue +9% since the first grant, against +9% for those funded once.
10 repeat relationships: 7 still active in FY2023, 3 since wound down; 4 grantees were first funded in FY2023 (too recent to call). Read against FY2023, the last year this funder named its own grantees directly; its giving has since run through a sponsor, which reports no donor behind each grant.
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2025, 99% of grant dollars renewed an existing relationship; $5k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
Backed again, and grew
- TJTHOMAS JEFFERSON UNIVERSITY7× · 2018–2024 · $1.5M · revenue +127%
- MAMETROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE8× · 2018–2025 · $784k · revenue +15%
RUTGERS UNIVERSITY FOUNDATION5× · 2019–2023 · $189k · revenue +8%
Funded once
- DUDREXEL UNIVERSITYone grant, 2019 · $157k · revenue +9%
- AADLone grant, 2022 · $25k
- PPPHILADELPHIA POLICE FOUNDATIONone grant, 2020 · $25k · revenue -52%
How this is measured
Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.
Closest unfunded matches
The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.
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How this is measured
18 grantees tracked through their own filings, 2017–2025.
Each grant beside the grantee’s revenue from every source, year by year.
How this is measured
Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 18 of the 23 grantees resolved in that span have returns of their own we could reconcile.
Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.
Where the money sits, by cause and then by grantee
Each grantee by its size and the funder’s share of it; top left is load-bearing
Grantee by grantee: a decade per organization, before and after funding
A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.
- Who funds THOMAS JEFFERSON UNIVERSITY ↗
- Who funds BANK OF AMERICA CHARITABLE GIFT FD ↗
- Who funds METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE ↗
- Who funds AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC ↗
- Who funds RUTGERS UNIVERSITY FOUNDATION ↗
- Who funds ZOOLOGICAL SOCIETY OF PHILADELPHIA ↗
- Who funds RAYMOND AND MIRIAM KLEIN JCC (D/B/A KLEINLIFE) ↗
- Who funds DREXEL UNIVERSITY ↗
- Who funds Pennsylvania Society for the Prevention of Cruelty to Animals ↗
- Who funds TEAM IMPACT INC ↗
- Who funds PHILADELPHIA POLICE FOUNDATION ↗
- Who funds JEWISH FAMILY & CHILDREN'S SERVICE OF GREATER PHILADELPHIA ↗
- Who funds BIRTHRIGHT ISRAEL FOUNDATION ↗
- Who funds COMMUNITY PARTNERSHIP SCHOOL ↗
- Who funds THE PUBLIC SCHOOL OF GERMANTOWN ↗
- Who funds CULTUREWORKS GREATER PHILADELPHIA ↗
- Who funds DUKE UNIVERSITY ↗
- Who funds Wissahickon Valley Watershed Association Inc ↗
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.
Open a dossier: Jewish Federation of Greater Philadelphia · The William Penn Foundation · The Philadelphia Foundation · The Pfizer Foundation Inc · National Philanthropic Trust · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
How much its grantees rely on government
Each dot is one organization The Steven H Korman Family Foundation funds: left to right is the share of its income from government, bottom to top the share from The Steven H Korman Family Foundation. Bigger dots raise more.
- Rutgers University Foundation: 0% of income from government
How this is measured
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