1. Directory
  2. Delaware
  3. Wilmington
  4. Korndrop Family Foundation
EIN 85-3267281

Korndrop Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Wilmington
State
Delaware
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
G00: Disease, Disorders, Medical Disciplines: General
Description
The Korndrop Family Foundation is a private foundation located in Wilmington, DE. It primarily funds general and unrestricted grants, with $500 going towards the brown bear program and the remaining funds distributed as needed. Grantees include Malaria Consortium US and other organizations. Last year, the foundation made nine grants.
Total revenues
$62,187
2023
Total expenses
$100,003
2023
Total assets
$1,922,875
2023
Num. employees
0
2023

Grants made by Korndrop Family Foundation

GranteeGrant descriptionAmount
Hawaii Community FoundationMaui Strong Foundation for the West Maui Wild Fire Victims$25,000
Maui Humane SocietyGeneral & Unrestricted$25,000
Renewable Energy Alaska Project (REAP)General & Unrestricted$7,500
...and 2 more grants made

Personnel at Korndrop Family Foundation

NameTitle
Marc KommeisserPresident

Financials for Korndrop Family Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$39,000
Investment income and dividends$55,561
Net rental income$0
Net gain from sale of non-inventory assets$-32,396
Gross sales of inventory$0
Miscellaneous revenues$22
Total revenues$62,187

Form 990s for Korndrop Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-08990PFView PDF
2022-122023-11-02990PFView PDF
2021-122022-11-14990PFView PDF
2020-122022-09-28990PFView PDF
Data update history
January 21, 2024
Updated personnel
Identified 1 new personnel
January 20, 2024
Posted financials
Added Form 990PF for fiscal year 2022
August 10, 2023
Posted financials
Added Form 990PF for fiscal year 2020
August 6, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 18, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsDisease-focused nonprofitsCharities
Issues
HealthDiseases and disorders
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
Foundation Source 501 Silverside Rd
Wilmington, DE 19809
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
New Castle County, DE
Phone
(800) 839-1754
IRS details
EIN
85-3267281
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
G00: Disease, Disorders, Medical Disciplines: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Korndrop Family Foundation has new information, or want to find more organizations like Korndrop Family Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy