Corabelle Lumps Foundation

PRINCETON, NJ EIN: 26-6208988 Website

Corabelle Lumps Foundation is a private foundation located in Princeton, NJ, established in July 2008. With assets of $476M, it ranks in the top 1% of US foundations. The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited applications. It has limited staffing and reported grant activity in recent filings.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$223.5M

+24.0% YoY

Annual Giving

$18.1M

+37.5% YoY

Grant Count

-66.7% YoY

Avg Grant Size

$18.1M

+312.5% YoY

Under IRS private-foundation payout rules, Corabelle Lumps Foundation reported a distributable amount of $19.1M for 2024 — the minimum it must pay out in qualifying distributions.

About Corabelle Lumps Foundation

Based on IRS filings

Corabelle Lumps Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $223.5M in total assets. In 2024, it awarded 1 grants totaling $18.1M. Net investment income was $4.5M.

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $43.6M (75%)

New York $14.7M (25%)

States

Massachusetts New York

Cities

BostonNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$223,454,450	$180,205,488	$160,400,456
Revenue	$61,688,722	$33,206,042	$31,321,611
Expenses	$18,439,762	$13,413,109	$10,688,871
Qualifying Distributions	$18,157,920	$13,207,920	$10,507,445
Net Investment Income	$4,496,181	$3,517,741	$2,174,869
Distributable Amount	$19,113,782	$15,518,744	$13,152,267

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Partners in Health a Nonprofit Corporation ($18,150,000).

Recipient	Purpose	Amount
PARTNERS IN HEALTH A NONPROFIT CORPORATION BOSTON, MA	PHILANTHROPIC	$18,150,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ANNE DINNING	TRUSTEE	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Corabelle Lumps Foundation?

Corabelle Lumps Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, NJ. It holds $223.5M in total assets as of 2024.

How large is Corabelle Lumps Foundation?

As of 2024, Corabelle Lumps Foundation holds $223.5M in total assets with $61.7M in annual revenue. It awarded 1 grants totaling $18.1M in 2024.

Where does Corabelle Lumps Foundation operate?

Corabelle Lumps Foundation has awarded grants in Massachusetts, New York.

What size grants does Corabelle Lumps Foundation award?

In 2024, Corabelle Lumps Foundation awarded 1 grants totaling $18.1M — an average of about $18.1M per grant, based on its IRS Form 990 filings.

How much is Corabelle Lumps Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Corabelle Lumps Foundation reported a distributable amount of $19.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.