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Michael and Ina Korek Foundation Trust

Michael and Ina Korek Foundation Trust

Wilmington, DE, US
501(c)3
EIN
77-6140213
Private Foundation
Family Foundation
funder logo

Michael and Ina Korek Foundation Trust

Wilmington, DE, US
501(c)3
EIN
77-6140213
Private Foundation
Family Foundation

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$531,269

Other
55%
Investments
45%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$551,624

Grants
48%
Salaries & Benefits
22%
Other
17%
Fees to Service Providers
13%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$230,110
$240,088
+4%
Other
-$2,917
$291,181
-10082%
Total Revenues
$227,193
$531,269
+134%
Expenses
2023
2024
Change
Grants
$308,200
$265,000
-14%
Benefits to Members
$0
$0
-
Salaries & Benefits
$110,000
$120,000
+9%
Fees to Service Providers
$47,675
$72,438
+52%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$1,342
$41
-97%
Depreciation
$0
$0
-
Other
$103,189
$94,145
-9%
Total Expenses
$570,406
$551,624
-3%
Net income
2023
2024
Change
Net income
-$343,213
-$20,355
+94%
Income Statement
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