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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. Total assets have grown from $8.1M in 2011 to $52.4M in 2023. 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. 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.
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.
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 | N/A |
| Holly Cornell Lowen | SECRETARY & DIRECTOR | $0 | $0 | N/A |
| Alex Cornell | TREASURER | $0 | $0 | N/A |
Total Giving
$5.2M
Total Assets
$52.4M
Fair Market Value
$96.3M
Net Worth
$52.4M
Grants Paid
$4.9M
Contributions
N/A
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 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD