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Cornwell Foundation is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 2016. The principal officer is William D Cornwell Jr. It holds total assets of $19.4M. Annual income is reported at $16.1M. Total assets have grown from $163K in 2015 to $4.1M in 2024. 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 2024. Grantmaking is concentrated in North Carolina. According to available records, Cornwell Foundation has made 61 grants totaling $508K, with a median grant of $8K. Annual giving has grown from $83K in 2020 to $181K in 2024. Individual grants have ranged from $2K to $25K, with an average award of $8K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in North Carolina, Georgia, Illinois, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$8K
Average Grant
$8K
Largest Grant
$15K
Based on 11 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.
Cornwell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in NC, GA, IL.
Cornwell Foundation has distributed a total of $508K across 61 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $2K to $25K.
Cornwell Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cornwell Foundation is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| SARA CATHERINE CORNWELL PHILPOTT | VICE PRESIDENT AND ASST. SECRETA | $0 | $0 | N/A |
| MELISSA W CORNWELL | VICE PRESIDENT AND SECRETA | $0 | $0 | N/A |
| WILLIAM D CORNWELL JR | PRESIDENT AND TREASURER | $0 | $0 | N/A |
Total Giving
$181K
Total Assets
$4.1M
Fair Market Value
$4.1M
Net Worth
$4.1M
Grants Paid
$181K
Contributions
$34K
Net Investment Income
$137K
Distribution Amount
$196K
Total: $1M
Total Grants
61
Total Giving
$508K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
21
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| DARLINGTON SCHOOLTO SUPPORT THE ANNUAL FUND | ROME, GA | $25K | 2024 |
| CHARLOTTE FAMILY HOUSINGTO SUPPORT HOUSING IN CHARLOTTE | CHARLOTTE, NC | $20K | 2024 |
| CRISIS ASSISTANCE MINISTRYTO SUPPORT THE EFFORTS TO REDUCE HOMELESSNESS | CHARLOTTE, NC | $20K | 2024 |
| SALVATION ARMY OF GREATER CHARLOTTETO SUPPORT THE CENTER OF HOPE | CHARLOTTE, NC | $15K | 2024 |
| MYERS PARK UNITED METHODIST CHURCHTO SUPPORT THE ANNUAL FUND. | CHARLOTTE, NC | $15K | 2024 |
| NORTHWESTERN UNIVERSITYTO SUPPORT THE KELLOGG SCHOOL ANNUAL FUND | EVANSTON, IL | $10K | 2024 |
| QUEENS UNIVERSITY CATO SCHOOL OF EDUCATIONTO SUPPORT THE ANNUAL FUND | CHARLOTTE, NC | $10K | 2024 |
| CHILDREN'S THEATRETO SUPPORT THE ARTS | CHARLOTTE, NC | $10K | 2024 |
| UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL (KENAN-FLAGLER BUSINESS SCHOOL)TO SUPPORT THE FUND FOR UNC KENAN-FLAGLER | CHAPEL HILL, NC | $10K | 2024 |
| UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL (ARTS AND SCIENCES FOUNDATION)TO SUPPORT THE ARTS AND SCIENCES ANNUAL FUND | CHAPEL HILL, NC | $10K | 2024 |
| ROOF ABOVETO SUPPORT HOUSING IN CHARLOTTE. | CHARLOTTE, NC | $10K | 2024 |
| CHARLOTTE COUNTRY DAYTO SUPPORT THE FUND | CHARLOTTE, NC | $8K | 2024 |
| SAMARITAN'S PURSE FBO WESTERN NC RELIEFTO SUPPORT ANNUAL FUND. | BOONE, NC | $5K | 2024 |
| THE SHARON AT SOUTHPARKTO SUPPORT THE ANNUAL FUND. | CHARLOTTE, NC | $5K | 2024 |
| YOUNG BLACK LEADERSHIP ALLIANCETO SUPPORT THE ANNUAL FUND. | CHARLOTTE, NC | $2K | 2024 |
| MYERS PARK HIGH SCHOOL FOUNDATIONTO SUPPORT ANNUAL FUND. | CHARLOTTE, NC | $2K | 2024 |
| TREESCHARLOTTETO SUPPORT THE ANNUAL FUND. | CHARLOTTE, NC | $2K | 2024 |
| THE HARVEST CENTER OF CHARLOTTETO SUPPORT THE ANNUAL FUND. | CHARLOTTE, NC | $2K | 2024 |
| Salvation Army Center Of HopeTO SUPPORT THE CENTER OF HOPE | Charlotte, NC | $10K | 2021 |