Private foundation
MORRISTOWN, NJEIN
The funder's latest Form 990-PF says it accepts applications. Read the instructions below before you write.
Application policy: Accepts applications, as stated on the FY2025 return.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Giving by year
Total assets by year
| Year | Form | Revenue | Expenses | Giving | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2025 | 990-PF | $170,377 | $255,726 | $235,424 | $1,707,976 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 27% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| VERMONT COMMUNITY FOUNDATIONMIDDLEBURY, VT | GENERAL | $11,100 | 2020 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gene R Korf | SECRETARY/TRUSTEE | 2.00 | $5,000 |
| Samuel R Hoffer | PRESIDENT/TRUSTEE | 1.00 | $5,000 |
| Scott Korf | VICE PRES/TRUSTEE | 1.00 | $5,000 |
| Sandra P Searfoss | TREASURER/TRUSTEE |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| $1,707,976 |
| FY2023 | 990-PF | $87,120 | $196,476 | $173,845 | $1,602,842 | $1,602,842 |
| FY2022 | 990-PF | $78,562 | $166,761 | $136,346 | $1,298,735 | $1,298,735 |
| FY2021 | 990-PF | $366,268 | $260,022 | $228,328 | $2,164,308 | $2,164,308 |
| FY2020 | 990-PF | $233,486 | $252,936 | $224,678 | $2,103,513 | $2,103,513 |
| FY2019 | 990-PF | $127,913 | $242,531 | $211,451 | $1,753,690 | $1,753,690 |
| FY2018 | 990-PF | $268,919 | $239,750 | $212,845 | $1,609,289 | $1,609,289 |
| FY2017 | 990-PF | $157,660 | $242,310 | $216,106 | $1,850,711 | $1,850,711 |
| FY2016 | 990-PF | $126,401 | $234,146 | $204,305 | $1,721,041 | $1,721,041 |
| SCHOLARSHIP |
| $10,000 |
| 2017 |
| COLORADO STATE UNIVERSITY (NEALON)FORT COLLINS, CO | SCHOLARSHIP | $10,000 | 2018 |
| TUFTS UNIVERSITY (RECZYNSKA)NORTH GRAFTON, MA | SCHOLARSHIP | $10,000 | 2016 |
| UNIVERSITY OF PENNSYLVANIA (SAMDPVAL)PHILADELPHIA, PA | SCHOLARSHIP | $10,000 | 2019 |
| AMERICAN VETERINARY MEDICAL FOUNDATIONSCHAUMBURG, IL | GENERAL | $10,000 | 2016 |
| UNIVERSITY OF PENNSYLVANIA (ROSENBLUM)PHILADELPHIA, PA | SCHOLARSHIP | $10,000 | 2018 |
| GREATER MIAMI JEWISH FEDERATIONMIAMI, FL | GENERAL | $10,000 | 2021 |
| CORNELL UNIVERSITY (MOSTOWY)ITHACA, NY | SCHOLARSHIP | $10,000 | 2017 |
| OHIO STATE UNIVERSITY (REITMEYER)COLUMBUS, OH | SCHOLARSHIP | $10,000 | 2018 |
| UNIVERSITY OF PENNSYLVANIA (PALENA)PHILADELPHIA, PA | SCHOLARSHIP | $10,000 | 2021 |
| ROUNDABOUT THEATRE COMPANYNEW YORK, NY | GENERAL | $10,000 | 2018 |
| MIAMI DOLPHINS FOUNDATIONMIAMI GARDENS, FL | GENERAL | $10,000 | 2022 |
| ENCOURAGE KIDS FOUNDATIONNEW YORK, NY | GENERAL | $10,000 | 2019 |
| MIAMI DOLPHINS FOUNDATIONMIAMI GARDENS, FL | GENERAL | $10,000 | 2021 |
| TUFTS UNIVERSITY (PFISTERER)NORTH GRAFTON, MA | SCHOLARSHIP | $10,000 | 2016 |
| NORTH CAROLINA STATE UNIVERSITY (ROMANET)RALEIGH, NC | SCHOLARSHIP | $10,000 | 2016 |
| ROUNDABOUT THEATRE COMPANYNEW YORK, NY | GENERAL | $10,000 | 2019 |
| COLORADO STATE UNIVERSITY (CUNNINGHAM)FORT COLLINS, CO | SCHOLARSHIP | $10,000 | 2017 |
| CORNELL UNIVERSITY COLLEGE OF VETERINARY MEDICINE (COCKEY)ITHACA, NY | SCHOLARSHIP | $10,000 | 2020 |
| NORTH CAROLINA STATE UNIVERSITY (CHIAPPETTA)RALEIGH, NC | SCHOLARSHIP | $10,000 | 2018 |
| CORNELL UNIVERSITY COLLEGE OF VETERINARY MEDICINEITHACA, NY | GENERAL | $10,000 | 2016 |
| NORTH CAROLINA STATE UNIVERSITY (CHIAPPETTA)RALEIGH, NC | SCHOLARSHIP | $10,000 | 2019 |
| COMMUNITY FOUNDATION OF GREENVILLEGREENVILLE, SC | GENERAL | $10,000 | 2022 |
| UNIVERSITY OF PENNSYLVANIA (BURNS)PHILADELPHIA, PA | SCHOLARSHIP | $8,500 | 2017 |
| 1.00 |
| $5,000 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990-PF · FY2024 · period ending Dec 31, 2024IRS bulk XML
Filing id 202531219349100873
Form 990-PF · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202401179349100805
Form 990-PF · FY2022 · period ending Dec 31, 2022
Filing id 202341259349100804
Form 990-PF · FY2021 · period ending Dec 31, 2021
Filing id 202201299349101320
Form 990-PF · FY2020 · period ending Dec 31, 2020
Filing id 202141319349100409
Form 990-PF · FY2019 · period ending Dec 31, 2019
Filing id 202021339349100417
Form 990-PF · FY2018 · period ending Dec 31, 2018
Filing id 201901309349101810
Form 990-PF · FY2017 · period ending Dec 31, 2017
Filing id 201811389349100401
Form 990-PF · FY2016 · period ending Dec 31, 2016
Filing id 201731329349100813
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.