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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 is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Illinois. 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.
Smallest Grant
$3K
Median Grant
$25K
Average Grant
$56K
Largest Grant
$325K
Based on 17 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
Total Giving
$1M
Total Assets
$7.2M
Fair Market Value
$11.5M
Net Worth
$7.2M
Grants Paid
$899K
Contributions
N/A
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 UpGENERAL 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 |
| Alexian Brothers FoundationGENERAL CHARITABLE PURPOSES | Lisle, IL | $100K | 2020 |
| Daniel Murphy Scholarship FundGENERAL CHARITABLE PURPOSES | Chicago, 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 |
| The Leukemia Lymphoma SocietyGENERAL CHARITABLE PURPOSES | Rye Brook, NY | $30K | 2020 |
| Youth And Family CounselingGENERAL CHARITABLE PURPOSES | Libertyville, IL | $30K | 2020 |
| Sedol FoundationGENERAL CHARITABLE PURPOSES | Gages Lake, IL | $30K | 2020 |
| Peo FoundationGENERAL CHARITABLE PURPOSES | Des Moines, IA | $25K | 2020 |
| Howard Young FoundationGENERAL CHARITABLE PURPOSES | Minocqua, WI | $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 |
| Love Inc Of Lake CountyGENERAL CHARITABLE PURPOSES | Gurnee, IL | $10K | 2020 |
| Park Lawn School And Activity CenteGENERAL CHARITABLE PURPOSES | Oak Lawn, IL | $10K | 2020 |
| Waukegan To CollegeGENERAL CHARITABLE PURPOSES | Waukegan, IL | $10K | 2020 |
| MisericordiaGENERAL CHARITABLE PURPOSES | Chicago, IL | $10K | 2020 |
| Alma CollegeGENERAL CHARITABLE PURPOSES | Alma, MI | $10K | 2020 |
| Samara Care CounselingGENERAL CHARITABLE PURPOSES | Downers Grove, IL | $10K | 2020 |
| First Presbyterian Church Of LibertGENERAL CHARITABLE PURPOSES | Libertyville, IL | $10K | 2020 |
| Chicago Police Memorial FoundationGENERAL CHARITABLE PURPOSES | Chicago, IL | $10K | 2020 |
| Changing WorldsGENERAL CHARITABLE PURPOSES | Chicago, IL | $8K | 2020 |
| Camping And Education FoundationGENERAL CHARITABLE PURPOSES | Cincinnati, OH | $8K | 2020 |
| St Joseph'S High SchoolGENERAL CHARITABLE PURPOSES | Westchester, IL | $8K | 2020 |
| Hillsdale CollegeGENERAL CHARITABLE PURPOSES | Hillsdale, MI | $5K | 2020 |
| Forging Industry Education And ReseGENERAL CHARITABLE PURPOSES | Cleveland, OH | $5K | 2020 |
| Roberti Community HouseGENERAL CHARITABLE PURPOSES | Waukegan, IL | $5K | 2020 |
| Shepherd Of The LakesGENERAL CHARITABLE PURPOSES | Grayslake, IL | $5K | 2020 |