Is The Correll Family Foundation Inc Legit?

The Correll Family Foundation Inc demonstrates a consistent commitment to its programmatic mission, as evidenced by its spending patterns. While the foundation's revenue has fluctuated significantly over the years, from a low of $538,934 in 2020 to a high of $6,322,537 in 2022, its asset base has remained substantial, currently at $32,647,956. The organization consistently reports 0% officer compensation, indicating a volunteer-driven or externally compensated leadership structure, which is a positive sign for donor confidence. However, the foundation has experienced periods where expenses significantly outpaced revenue, such as in 2023 ($2,849,834 expenses vs. $1,041,933 revenue) and 2021 ($3,851,063 expenses vs. $3,485,061 revenue), suggesting reliance on its substantial asset base to fund operations and grants. The absence of reported liabilities in many periods also points to sound financial management.