KORMAN FOUNDATION
STATEN ISLAND,
New York,
10304
EIN: 82-5201400
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
7 NAVY PIER CT
10304
COUNTY
richmond county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
KORMAN FOUNDATION is a based in STATEN ISLAND, NY, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Independent Foundations. Established in April 2019, it operates as an independent trust and contributions to this organization are tax-deductible .
With total assets of $1.00, this ranks 811,436 among 2,656,690 nonprofits nationally (Top 31%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 61,992 out of 159,053 organizations in NY (Top 39%).
In richmond county, NY, the organization ranks 753 out of 2,442 nonprofits by assets (Top 31%), while locally in staten island, it stands at 758 among 2,423 organizations (Top 31%).
The organization reported no revenue in the most recent filing period, placing it at 1,902,747 nationally and 146,706 in NY.
Within its specific NTEE classification (T22 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 25,677 similar organizations, KORMAN FOUNDATION ranks 23,642 in assets (Top 93%) and 22,365 in revenue (Top 88%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
2: Trust
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T22: Private Independent Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$1.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2019
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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