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Cobb Family Foundation Inc. is a private corporation based in LITTLE ROCK, AR. The foundation received its IRS ruling in 2017. The principal officer is Susan Cobb Underwood. It holds total assets of $787K. Annual income is reported at $199K. 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 2017 to 2023. The foundation primarily funds organizations in Arkansas and Texas. According to available records, Cobb Family Foundation Inc. has made 19 grants totaling $224K, with a median grant of $12K. The foundation has distributed between $41K and $98K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $98K distributed across 8 grants. Individual grants have ranged from $7K to $20K, with an average award of $12K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Arkansas and Texas and Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$9K
Median Grant
$16K
Average Grant
$14K
Largest Grant
$16K
Based on 3 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.
Cobb Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in AR, TX, KY.
Cobb Family Foundation Inc. has distributed a total of $224K across 19 grants. The median grant size is $12K, with an average of $12K. Individual grants have ranged from $7K to $20K.
Cobb Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cobb Family Foundation Inc. is headquartered in LITTLE ROCK, AR. While based in AR, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan Cobb Underwood | DIRECTOR | $0 | $0 | N/A |
| Martha Katherine Spradley | DIRECTOR | $0 | $0 | N/A |
| Janice W Vaughn | DIRECTOR | $0 | $0 | N/A |
Total Giving
$51K
Total Assets
$774K
Fair Market Value
$847K
Net Worth
$774K
Grants Paid
$43K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$41K
Total Grants
19
Total Giving
$224K
Average Grant
$12K
Median Grant
$12K
Unique Recipients
5
Most Common Grant
$12K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pulaski Co Humane SocietyUNDESIGNATED | Little Rock, AR | $11K | 2023 |
| Arkansas Food BankUNDESIGNATED | Little Rock, AR | $11K | 2023 |
| Texas State UniversityUNDESIGNATED | San Marcos, TX | $11K | 2023 |
| Out Of The Woods RescueUNDESIGNATED | Little Rock, AR | $11K | 2023 |
| State Of KentuckyTORNADO RELIEF EFFORTS | Frankfort, KY | $8K | 2021 |