Private Foundation

JANE & LEONARD KORMAN FAMILY FOUNDATION

JANE & LEONARD KORMAN FAMILY FOUNDATION, of TREVOSE, PA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $632K in revenue, $6.3M in expenses, $3.4M in total assets. IRS filings disclose 194 grants awarded by this foundation, totaling roughly $17.9M.

EIN: 204253701 TREVOSE, PA Latest filing: 2024

Total Revenue$632K

Total Expenses$6.3M

Total Assets$3.4M

Grants Given194

Grant Total$17.9M

Filing Years2019–2024

Sample Grants Given

KORMAN FELDMAN FAMILY FOUNDATION

FORT WASHINGTON, PA · 2024

TRANSFER OF ASSETS TO SUCCESSOR FOUNDATION AS PART OF FAMILY FOUNDATION RESTRUCTURING; NOT TREATED AS A QUALIFYING DISTRIBUTION UNDER IRC 4942.

$2,950,229

JEWISH FEDERATION OF GREATER PHILA DAF

PHILADELPHIA, PA · 2024

TRANSFER OF ASSETS TO ESTABLISH/AUGMENT DONOR-ADVISED-FUND (THE CATHERINE S KORMAN FAMILY DONOR ADVISED FUND) AT SPONSORING ORGANIZATION

$1,478,640

JEFFERSON UNIVERSITY -RESPIRATORY CENTER - 6TH OF 7 (MULTI YEAR)

PHILADELPHIA, PA · 2024

SUPPORT THE HOSPITAL SO THEY CAN PROVIDE THE BEST PATIENT CARE.

$500,000

JEWISH FEDERATION OF GREATHER PHILA

PHILADELPHIA, PA · 2024

TRANSFER OF ASSETS TO ESTABLISH/AUGMENT DONOR-ADVISED-FUND (THE CATHERINE S KORMAN FAMILY DONOR ADVISED FUND) AT SPONSORING ORGANIZATION

$407,312

MITZVAH CIRCLE FOUNDATION

NORRISTOWN, PA · 2024

SUPPORTING STRUGGLING LOCAL FAMILIES IN NEED

$300,000

Showing up to 5 of 194 total records — full history available with membership.

Officers & Directors

PRESIDENT, CEO & LIFE DIRECTOR Alison Korman Feldman

OFFICER & SECRETARY Carol Borgmann

TREASURER & LIFE DIRECTOR Catherine Korman Altman

VICE PRESIDENT & LIFE DIRECTOR Susan Korman Schurr

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT THE HOSPITAL SO THEY CAN PROVIDE THE BEST PATIENT CARE.

$6,099,900 18 grants

TRANSFER OF ASSETS TO SUCCESSOR FOUNDATION AS PART OF FAMILY FOUNDATION RESTRUCTURING; NOT TREATED AS A QUALIFYING DISTRIBUTION UNDER IRC 4942.

$2,950,229 1 grant

HELP MUSEUM IN ITS EFFORTS TO PRESERVE, ENHANCE, INTERPRET, AND EXTEND THE REACH OF VISUAL ARTS AS A SOURCE OF EDUCATION.

$2,265,325 12 grants

TRANSFER OF ASSETS TO ESTABLISH/AUGMENT DONOR-ADVISED-FUND (THE CATHERINE S KORMAN FAMILY DONOR ADVISED FUND) AT SPONSORING ORGANIZATION

$1,885,952 2 grants

SUPPORT MUSEUM IN ITS GOAL TO PRESERVE, COLLECT, EXHIBIT, AND INTERPRET ART AS WELL AS EDUCATE THE COMMUNITY

$1,605,000 10 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$632K	$6.3M	$3.4M
2023	$2.8M	$2.9M	$9.1M
2022	$1.3M	$991K	$8.7M
2020	$764K	$2.3M	$8.5M
2019	$3.3M	$2.1M	$10.0M

Between 2019 and 2024, reported annual revenue declined from $3.3M to $632K (-81%), with total assets most recently reported at $3.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in FL, NY, PA, TX, VA.

FLNYPATXVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for JANE & LEONARD KORMAN FAMILY FOUNDATION

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports