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Cornell Family Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1998. The principal officer is % Goldman Sachs Pfo. It holds total assets of $359K. Annual income is reported at $671K. PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL. According to available records, Cornell Family Foundation has made 18 grants totaling $1.4M, with a median grant of $38K. Annual giving has decreased from $392K in 2020 to $227K in 2023. Grantmaking activity was highest in 2021 with $470K distributed across 1 grants. Individual grants have ranged from $1K to $470K, with an average award of $76K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, New Hampshire, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL
REVENUE SERVICE CODE SECTION 501(C)(3).
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NY, MA, NH.
Cornell Family Foundation has distributed a total of $1.4M across 18 grants. The median grant size is $38K, with an average of $76K. Individual grants have ranged from $1K to $470K.
Cornell Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cornell Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Henry Cornell | TRUSTEE | $0 | $0 | $0 |
| Vanessa Cornell | TRUSTEE | $0 | $0 | $0 |
Total Giving
$260K
Total Assets
$186K
Fair Market Value
$2.1M
Net Worth
$186K
Grants Paid
$227K
Contributions
$0
Net Investment Income
$234K
Distribution Amount
$110K
Total: $75K
Total Grants
18
Total Giving
$1.4M
Average Grant
$76K
Median Grant
$38K
Unique Recipients
11
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard Univ - Pres And Fellows Of Harvard CollegeGENERAL CHARITABLE PURPOSE | Cambridge, MA | $100K | 2023 |
| St Bernards School IncGENERAL CHARITABLE PURPOSE | New York, NY | $50K | 2023 |
| The Spence SchoolGENERAL CHARITABLE PURPOSE | New York, NY | $25K | 2023 |
| Riverdale Country School IncGENERAL CHARITABLE PURPOSE | Bronx, NY | $25K | 2023 |
| Hidden Water IncGENERAL CHARITABLE PURPOSE | New York, NY | $10K |
| 2023 |
| St Paul'S SchoolGENERAL CHARITABLE PURPOSE | Concord, NH | $10K | 2023 |
| Wpp Little Readers Big Change Initiative IncGENERAL CHARITABLE PURPOSE | New Egypt, NJ | $5K | 2023 |
| City Squash IncGeneral Charitable Purpose | Bronx, NY | $1K | 2023 |
| National Scholastic Chess Foundation IncGeneral Charitable Purpose | White Plains, NY | $1K | 2023 |
| Every Mother CountsGENERAL CHARITABLE PURPOSE | New York, NY | $5K | 2022 |
| See Attached ListGENERAL CHARITABLE PURPOSE | New York, NY | $470K | 2021 |
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