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Alverin M Cornell Foundation is a private corporation based in NORTHBROOK, IL. The foundation received its IRS ruling in 2002. The principal officer is % William H Brewer. It holds total assets of $6.7M. Annual income is reported at $3.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Alverin M Cornell Foundation has made 48 grants totaling $3.2M, with a median grant of $10K. The foundation has distributed between $786K and $1.5M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.5M distributed across 10 grants. Individual grants have ranged from $1K to $889K, with an average award of $67K. The foundation has supported 36 unique organizations. The foundation primarily supports organizations in Pennsylvania, Illinois, Indiana, which account for 79% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Alverin M Cornell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in PA, IL, IN.
Alverin M Cornell Foundation has distributed a total of $3.2M across 48 grants. The median grant size is $10K, with an average of $67K. Individual grants have ranged from $1K to $889K.
Alverin M Cornell Foundation typically selects its grantees rather than accepting unsolicited proposals.
Alverin M Cornell Foundation is headquartered in NORTHBROOK, IL. While based in IL, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wendy Brewer | SECRETARY | $18K | $0 | $18K |
| Gregory Ciokajlo | TREASURER | $16K | $0 | $16K |
| William Brewer | PRESIDENT | $0 | $0 | $0 |
Total Giving
$1M
Total Assets
$7.2M
Fair Market Value
$11.5M
Net Worth
$7.2M
Grants Paid
$899K
Contributions
$0
Net Investment Income
$244K
Distribution Amount
$509K
Total: $6.9M
Total Grants
48
Total Giving
$3.2M
Average Grant
$67K
Median Grant
$10K
Unique Recipients
36
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shelter IncGENERAL CHARITABLE PURPOSES | Arlington Heights, IL | $30K | 2020 |
| Max Mcgraw Wildlife FoundationGENERAL CHARITABLE PURPOSES | Dundee, IL | $13K | 2020 |
| A Safe PlaceGENERAL CHARITABLE PURPOSES | Zion, IL | $10K | 2020 |
| Alverin M Cornell Foundation DonorGENERAL CHARITABLE PURPOSES | Jenkintown, PA | $889K | 2023 |
| Ladder Up |
Other foundations that have funded Alverin M Cornell Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Alverin M Cornell Foundation | $889K | 2023 | GENERAL CHARITABLE PURPOSES |
| Alverin M Cornell Foundation | $700K | 2022 | GENERAL CHARITABLE PURPOSES |
| Alverin M Cornell Foundation | $700K | 2022 | GENERAL CHARITABLE PURPOSES |
| Chicago, IL |
| $8K |
| 2023 |
| Cpa Endowment Fund Of IllinoisGENERAL CHARITABLE PURPOSES | Chicago, IL | $3K | 2023 |
| Northwestern Memorial FoundationGENERAL CHARITABLE PURPOSES | Chicago, IL | $50K | 2022 |
| University Of Iowa Stead Family ChiGENERAL CHARITABLE PURPOSES | Iowa City, IA | $1K | 2022 |
| Daniel Murphy Scholarship FundGENERAL CHARITABLE PURPOSES | Chicago, IL | $100K | 2020 |
| Alexian Brothers FoundationGENERAL CHARITABLE PURPOSES | Lisle, IL | $100K | 2020 |
| Culver Educational FoundationGENERAL CHARITABLE PURPOSES | Culver, IN | $75K | 2020 |
| Voyageur Outward Bound SchoolGENERAL CHARITABLE PURPOSES | St Paul, MN | $60K | 2020 |
| By The Hand Club For KidsGENERAL CHARITABLE PURPOSES | Chicago, IL | $50K | 2020 |
| Sedol FoundationGENERAL CHARITABLE PURPOSES | Gages Lake, IL | $30K | 2020 |
| Youth And Family CounselingGENERAL CHARITABLE PURPOSES | Libertyville, IL | $30K | 2020 |
| The Leukemia Lymphoma SocietyGENERAL CHARITABLE PURPOSES | Rye Brook, NY | $30K | 2020 |
| Howard Young FoundationGENERAL CHARITABLE PURPOSES | Minocqua, WI | $25K | 2020 |
| Peo FoundationGENERAL CHARITABLE PURPOSES | Des Moines, IA | $25K | 2020 |
| Evans Scholars FoundationGENERAL CHARITABLE PURPOSES | Glenview, IL | $25K | 2020 |
| Ravinia Festival AssociationGENERAL CHARITABLE PURPOSES | Highland Park, IL | $15K | 2020 |
| The Lake County HavenGENERAL CHARITABLE PURPOSES | Libertyville, IL | $12K | 2020 |
| Park Lawn School And Activity CenteGENERAL CHARITABLE PURPOSES | Oak Lawn, IL | $10K | 2020 |
| First Presbyterian Church Of LibertGENERAL CHARITABLE PURPOSES | Libertyville, IL | $10K | 2020 |
| Alma CollegeGENERAL CHARITABLE PURPOSES | Alma, MI | $10K | 2020 |
| Love Inc Of Lake CountyGENERAL CHARITABLE PURPOSES | Gurnee, IL | $10K | 2020 |
| Samara Care CounselingGENERAL CHARITABLE PURPOSES | Downers Grove, IL | $10K | 2020 |
| Chicago Police Memorial FoundationGENERAL CHARITABLE PURPOSES | Chicago, IL | $10K | 2020 |
| MisericordiaGENERAL CHARITABLE PURPOSES | Chicago, IL | $10K | 2020 |
| Waukegan To CollegeGENERAL CHARITABLE PURPOSES | Waukegan, IL | $10K | 2020 |
| Changing WorldsGENERAL CHARITABLE PURPOSES | Chicago, IL | $8K | 2020 |
| St Joseph'S High SchoolGENERAL CHARITABLE PURPOSES | Westchester, IL | $8K | 2020 |
| Camping And Education FoundationGENERAL CHARITABLE PURPOSES | Cincinnati, OH | $8K | 2020 |
| Shepherd Of The LakesGENERAL CHARITABLE PURPOSES | Grayslake, IL | $5K | 2020 |
| Forging Industry Education And ReseGENERAL CHARITABLE PURPOSES | Cleveland, OH | $5K | 2020 |
| Hillsdale CollegeGENERAL CHARITABLE PURPOSES | Hillsdale, MI | $5K | 2020 |
| Roberti Community HouseGENERAL CHARITABLE PURPOSES | Waukegan, IL | $5K | 2020 |
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