J Korber Foundation Inc

Organization Overview

J Korber Foundation Inc is located in Albuquerque, NM. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J Korber Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2022, J Korber Foundation Inc generated $180.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $182.2k during the year ending 03/2022. While expenses have increased by 7.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, J Korber Foundation Inc has awarded 37 individual grants totaling $690,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $43,282
Net Rental Income$0
Net Gain on Sale of Assets $137,034
Capital Gain Net Income $137,034
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $180,316

Grants Awarded

Over the last fiscal year, J Korber Foundation Inc has awarded $160,000 in support to 6 organizations.

Grant RecipientAmount

HOPEWORKS

PURPOSE: ASSISTING THE HOMELESS

$100,000

WOMEN'S COMMUNITY ASSOCIATION

PURPOSE: FAMILY SHELTER/COUNSELING

$20,000

SANDIA PREPARATORY SCHOOL

PURPOSE: EDUCATION

$17,000

CUIDANDO LOS NINOS

Org PageRecipient Profile

Albuquerque, NM

PURPOSE: CHILDCARE & SUPPORT SERVICES FOR HOMELESS FAMILIES

$10,000

CASA ANGELICA

PURPOSE: ASSISTING DEVELOPMENTALLY DISABLED YOUTH.

$8,000

MANZANO DAY SCHOOL

Org PageRecipient Profile

Albuquerque, NM

PURPOSE: EDUCATION

$5,000
View Grant Profile

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