The Illinois State Capitol

Form 990-PFTax year 2024EIN 36-6042875

Korhumel Foundation

A private foundation in Lake Froest, IL. Its return for tax year 2024 lists 6 grants and $8,880 paid in grants.

Tax year 2024 (period ending Sep 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $8,880

    Grants listed
    6
    Assets, end of year
    $217,086
  • Tax year 2022

    $6,580

    Grants listed
    5
    Assets, end of year
    $192,841
  • Tax year 2021

    $7,881

    Grants listed
    5
    Assets, end of year
    $180,523
  • Tax year 2020

    $5,979

    Grants listed
    4
    Assets, end of year
    $197,986
  • Tax year 2019

    $5,656

    Grants listed
    4
    Assets, end of year
    $159,522

Grants paid in 2024

6 grants, largest first

As listed on the return.

  1. Carson Springs FoundationGainsville, FL

    Habitat for wild life animals

    $4,000
  2. Lake Forest AcademyLake Forest, IL

    Provide for various educational needs

    $2,500
  3. Salvation Army & Easter SealsChicago, IL

    Provide support for various needs

    $900
  4. St Judes & St Josephs HospitalMemphis, TN

    Provide support for various needs

    $500
  5. Wounded WarriorsJacksonville, FL

    Provide support for various needs

    $500
  6. Korhumel Foundation to Various OrganizationsLake Forest, IL

    Provide support for various uses

    $480

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $2,500100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Florida2 grants $4,500
  2. Illinois3 grants $3,880
  3. Tennessee1 grant $500

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Lee KorhumelPRESIDENT Hours 0Pay $0
  • Carol KorhumelVICE PRESIDENT Hours 0Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Castle Foundation IncOak Brook, IL 3 grants Preselected only $9,000 giving
  2. Van Baren FoundationBeecher, IL 6 grants Preselected only $9,031 giving
  3. Charles W Blair Testamentary Trust BChicago, IL 2 grants Preselected only $9,124 giving
  4. Soloman Goldberg Family FoundationChicago, IL 11 grants Preselected only $9,202 giving
  5. TR UA Thomas W Armitage FB Hotchkiss SchoolChicago, IL 1 grant Preselected only $9,350 giving