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Cornell Douglas Foundation Inc. is a private corporation based in BETHESDA, MD. The foundation received its IRS ruling in 2006. It holds total assets of $57.2M. Annual income is reported at $28.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cornell Douglas Foundation Inc. has made 6 grants totaling $23.7M, with a median grant of $4.7M. The foundation has distributed between $4.2M and $10M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $10M distributed across 2 grants. Individual grants have ranged from $16K to $5M, with an average award of $3.9M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
Cornell Douglas Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MD.
Cornell Douglas Foundation Inc. has distributed a total of $23.7M across 6 grants. The median grant size is $4.7M, with an average of $3.9M. Individual grants have ranged from $16K to $5M.
Cornell Douglas Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cornell Douglas Foundation Inc. is headquartered in BETHESDA, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ann Cornell | PRESIDENT & DIRECTOR | $0 | $0 | $0 |
| Holly Cornell Lowen | SECRETARY & DIRECTOR | $0 | $0 | $0 |
| Alex Cornell | TREASURER | $0 | $0 | $0 |
Total Giving
$5.2M
Total Assets
$52.4M
Fair Market Value
$96.3M
Net Worth
$52.4M
Grants Paid
$4.9M
Contributions
$0
Net Investment Income
$1.5M
Distribution Amount
$4.3M
Total: $48.1M
Total Grants
6
Total Giving
$23.7M
Average Grant
$3.9M
Median Grant
$4.7M
Unique Recipients
2
Most Common Grant
$5M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedGENERAL SUPPORT | Disbursements, MD | $4.9M | 2023 |
| Various Contributions -GENERAL SUPPORT | Bethesda, MD | $16K | 2021 |
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