//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Cochran Family Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2016. The principal officer is Us Trust Bank Of America Pwm. It holds total assets of $5.3M. Annual income is reported at $1.5M. Total assets have grown from $2.7M in 2015 to $5.4M in 2023. The foundation is governed by 1 officer or trustee. 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 2018 to 2023. Grantmaking is concentrated in Michigan. According to available records, Cochran Family Foundation has made 20 grants totaling $3.2M, with a median grant of $144K. Annual giving has decreased from $832K in 2021 to $618K in 2023. Grantmaking activity was highest in 2022 with $1.7M distributed across 10 grants. Individual grants have ranged from $102K to $296K, with an average award of $160K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$127K
Median Grant
$127K
Average Grant
$154K
Largest Grant
$261K
Based on 5 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.
Cochran Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in MI.
Cochran Family Foundation has distributed a total of $3.2M across 20 grants. The median grant size is $144K, with an average of $160K. Individual grants have ranged from $102K to $296K.
Cochran Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cochran Family Foundation is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $78K | $0 | $78K |
Total Giving
$706K
Total Assets
$5.4M
Fair Market Value
$6.8M
Net Worth
$5.4M
Grants Paid
$618K
Contributions
N/A
Net Investment Income
$458K
Distribution Amount
$325K
Total: N/A
Total Grants
20
Total Giving
$3.2M
Average Grant
$160K
Median Grant
$144K
Unique Recipients
6
Most Common Grant
$144K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Haven HouseGENERAL OPERATING | East Lansing, MI | $102K | 2023 |
| Friends Of The East Lansing PublicGENERAL OPERATING | East Lansing, MI | $210K | 2023 |
| Care Free Medical IncGENERAL OPERATING | Lansing, MI | $102K | 2023 |
| Elansing Prime Time SeniorsGENERAL OPERATING | East Lansing, MI | $102K | 2023 |
| Capital Area Literacy CoalitionGENERAL OPERATING | Lansing, MI | $102K | 2023 |
| Capital Area LiteracycoalitionGENERAL OPERATING | Lansing, MI | $144K | 2022 |