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Filing year 2024

Michael and Ina Korek Foundation Trust

Wilmington, Delaware·EIN 77-6140213·NTEE T99Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$531k
Total assets
$8.3M
Total expenses
$552k
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Delaware.

Managing Trustee
Board Member
75th to 90th percentile
$60k
$65k
Executive Dir
Unclassified
$60k
$65k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Michael and Ina Korek Foundation Trust equaled 11% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
11%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$265k

Itemized grants

61

Median grant

$2k

RecipientLocationPurposeAmount
MOTHERS AGAINST DRUNK DRIVINGIRVING, TXNorthern California- Boating Under the Influence Program$58k
KIDNEY CANCER ASSOCIATIONDALLAS, TXTrailblazer Award fund for Tracing the Seeds of Progression: Spatial Transcriptomic Analysis of Immunoresistant Kidney Cancer led by Dr. Mitch Hayes$38k
NOVA UKRAINESAN JOSE, CAGeneral & Unrestricted$8k
THE MANKIND PROJECTCHICAGO, ILMKP USA Marketing - Program OnBoarding and Development with focus on cultural training and racial justice$8k
WORLD CENTRAL KITCHEN INCORPORATEDWASHINGTON, DCGeneral & Unrestricted$7k
WILDLIFE CONSERVATION NETWORK INCSAN FRANCISCO, CAGeneral & Unrestricted$6k
ANIMAL LEGAL DEFENSE FUNDCOTATI, CAGeneral & Unrestricted$5k
CHILD ADVOCATES OF SILICON VALLEY INCMILIPITAS, CAGeneral & Unrestricted$5k
FRIENDS OF UTAH AVALANCHE FORE CAST CENTER INCSALT LAKE CTY, UTGeneral & Unrestricted$5k
GREENPEACE FUND INCWASHINGTON, DCGeneral & Unrestricted$5k
ISRAAID US INCBEVERLY HILLS, CAGeneral & Unrestricted$5k
JEWISH AGENCY FOR ISRAEL-NORTH AMERICAN COUNCILNEW YORK, NYGeneral & Unrestricted$5k
LILLYS VOICE INCMERIDIAN, IDGeneral & Unrestricted$5k
MEDECINS SANS FRONTIERES USA INCHAGERSTOWN, MDGeneral & Unrestricted$5k
PETS IN NEEDREDWOOD CITY, CAGeneral & Unrestricted$5k
SIERRA CLUB FOUNDATIONOAKLAND, CAGeneral & Unrestricted$5k
THE ELEPHANT SANCTUARY IN TENNESSEEHOHENWALD, TNGeneral & Unrestricted$5k
THE JEWISH FEDERATIONS OF NORTH AMERICA INCNEW YORK, NY2023 Israel Emergency Fund$5k
BAT WORLD SANCTUARYWEATHERFORD, TXGeneral & Unrestricted$4k
CENTER FOR BIOLOGICAL DIVERSITY INCTUCSON, AZGeneral & Unrestricted$4k
CHEETAH CONSERVATION FUNDALEXANDRIA, VAGeneral & Unrestricted$4k
COMMUNITY SERVICES AGENCYMOUNTAIN VIEW, CAGeneral & Unrestricted$4k
PERFORMING ANIMAL WELFARE SOCIETYGALT, CAGeneral & Unrestricted$4k
AIRLINK INCWASHINGTON, DCGeneral & Unrestricted$3k
CENTER FOR DISASTER PHILANTHROPY INCWASHINGTON, DCGeneral & Unrestricted$3k
Compare this foundation's grantees

Held steady
from 2023

From $60k in 2023 to $60k in 2024.

$60k
2023
$60k
2024
In today's dollarsEst.
Down 3% in real terms$67k to $65k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay held roughly steady from 2023 to 2024, while revenue rose 134%.

$60k in 2023 to $60k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Michael and Ina Korek Foundation Trust

What does the Board Member of Michael and Ina Korek Foundation Trust earn?

In 2024, the Board Member of Michael and Ina Korek Foundation Trust received $60,000 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Delaware, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Michael and Ina Korek Foundation Trust compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Delaware, the 2024 pay of the Board Member at Michael and Ina Korek Foundation Trust falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Michael and Ina Korek Foundation Trust equaled 11% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Michael and Ina Korek Foundation Trust's revenue and expenses?

In 2024, Michael and Ina Korek Foundation Trust reported $531k in total revenue and $552k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.