Mission
TO PRESERVE, RESTORE, MAINTAIN, AND INTERPRET THE HISTORIC STRUCTURE FOR THE EDUCATION AND ENJOYMENT OF THE PUBLIC THROUGH TOURS, PROGRAMS, AND SPECIAL EVENTS YEAR-ROUND
Public Charity
KORNER'S FOLLY FOUNDATION INC
Based in KERNERSVILLE, NC, KORNER'S FOLLY FOUNDATION INC operates as a Public Charity. The organization reported $392K in revenue, $562K in expenses, $2.9M in total assets for fiscal year 2025. Imperigo tracks 20 reported grant relationships connected to this organization totaling approximately $605K.
EIN: 561984048
KERNERSVILLE, NC
Historical Organizations
NTEE: A80
Latest filing: 2025
Total Revenue$392K
Total Expenses$562K
Total Assets$2.9M
Grant Records20
Funding Total$605K
Filing Years2021–2025
Where $100 goes at Korner's Folly Foundation Inc
How Korner's Folly Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$78
Programs
the work itself
$10
Management
running the organization
$12
Fundraising
raising the next dollar
Inside the $78 for programs
$78
The Korner'S Folly Foundation preserves, interprets, and shares korner's folly, a designated local historic landmark listed on the national register of historic places, through historic preservation, education, public…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
2 grant(s) for varying purposes
$25,200
For grant recipient's exempt purposes
$5,050
LOCAL COMMUNITY PROJECTS
$129,500
OPERATING ASSISTANCE
$28,928
For grant recipient's exempt purposes
$27,150
Showing up to 5 of 20 total records — full history available with membership.
Officers & Directors
SECRETARY
Betty Korner-Atkins
PAST PRESIDENT
Christian Schroeder
DIRECTOR
Edwin Walker
1ST VICE PRESIDENT
Jason Grubbs
DIRECTOR
Joe Williams
DIRECTOR
Kelly Sealey
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $392K | $562K | $2.9M |
| 2024 | $1.1M | $1.9M | $3.0M |
| 2023 | $1.7M | $267K | $2.6M |
| 2022 | $425K | $289K | $1.2M |
| 2021 | $504K | $239K | $1.0M |
Between 2021 and 2025, reported annual revenue declined from $504K to $392K (-22%), with total assets most recently reported at $2.9M.
Interactive year-over-year charts and full filing details available with membership.