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Also known as: MEMORIAL FOUNDATION
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Joseph And Robert Cornell Memorial Foundation is a private trust based in CHARLOTTESVLE, VA. The foundation received its IRS ruling in 1984. The principal officer is Fiduciary Trust Company. It holds total assets of $64.5M. Annual income is reported at $19.6M. Total assets have grown from $43.4M in 2011 to $59.6M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Virginia and New York. According to available records, Joseph And Robert Cornell Memorial Foundation has made 158 grants totaling $13.7M, with a median grant of $30K. Annual giving has grown from $4.2M in 2020 to $5.2M in 2022. Individual grants have ranged from $2K to $1M, with an average award of $87K. The foundation has supported 78 unique organizations. The foundation primarily supports organizations in Virginia, New York, New Mexico, which account for 91% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$35K
Average Grant
$86K
Largest Grant
$600K
Based on 49 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.
Joseph And Robert Cornell Memorial Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 158 grants. Its grantmaking reaches organizations primarily in VA, NY, NM.
Joseph And Robert Cornell Memorial Foundation has distributed a total of $13.7M across 158 grants. The median grant size is $30K, with an average of $87K. Individual grants have ranged from $2K to $1M.
Joseph And Robert Cornell Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joseph And Robert Cornell Memorial Foundation is headquartered in CHARLOTTESVLE, VA. While based in VA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Erdman | TRUSTEE | $179K | $0 | $179K |
| Melissa Young | TRUSTEE | $179K | $0 | $179K |
Total Giving
$5.5M
Total Assets
$59.6M
Fair Market Value
$108.3M
Net Worth
$59.6M
Grants Paid
$4.8M
Contributions
N/A
Net Investment Income
$6.8M
Distribution Amount
$5.1M
Total: $28.9M
Total Grants
158
Total Giving
$13.7M
Average Grant
$87K
Median Grant
$30K
Unique Recipients
78
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Virginia Arts (Ader Performing Arts Center)GRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $1M | 2022 |
| Metropolitan Opera Association IncGRANT IS FOR DONEE'S EXEMPT PURPOSE | New York, NY | $600K | 2022 |
| Wnet New York Public MediaGRANT IS FOR DONEE'S EXEMPT PURPOSE | New York, NY | $550K | 2022 |
| Charlottesville OperaGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $250K | 2022 |
| Miller Center FoundationGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $250K | 2022 |
| Fralin Museum Of Art At UvaGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $250K | 2022 |
| Thomas Jefferson FoundationGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $200K | 2022 |
| University Of Virginia Film FestivalGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $200K | 2022 |
| Santa Fee OperaGRANT IS FOR DONEE'S EXEMPT PURPOSE | Santa Fe, NM | $200K | 2022 |
| University Of Virginia College FoundationGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $105K | 2022 |
| St Bartholomew'S Conservancy IncGRANT IS FOR DONEE'S EXEMPT PURPOSE | New York, NY | $100K | 2022 |
| Lensic Performing Arts CenterGRANT IS FOR DONEE'S EXEMPT PURPOSE | Santa Fe, NM | $100K | 2022 |
| Virginia HumanitiesGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $100K | 2022 |
| Charlottesville Symphony At UvaGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $100K | 2022 |
| Charlottesville BalletGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $100K | 2022 |
| Hospice Of The PiedmontGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $75K | 2022 |
| Focused Ultrasound FoundationGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $75K | 2022 |
| University Of Virginia - Virginia Theater FestivalGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $75K | 2022 |
| Opera AmericaGRANT IS FOR DONEE'S EXEMPT PURPOSE | New York, NY | $60K | 2022 |
| Metropolitan Opera GuildGRANT IS FOR DONEE'S EXEMPT PURPOSE | New York, NY | $55K | 2022 |
| Boys & Girls Clubs Of Central VirginiaGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $50K | 2022 |
| Montpelier FoundationGRANT IS FOR DONEE'S EXEMPT PURPOSE | Montpelier Station, VA | $50K | 2022 |
| Martha Jefferson Hospital FoundationGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $50K | 2022 |
| ConexusGRANT IS FOR DONEE'S EXEMPT PURPOSE | Richmond, VA | $50K | 2022 |
| Union Settlement AssociationGRANT IS FOR DONEE'S EXEMPT PURPOSE | New York, NY | $50K | 2022 |
| Paramount TheaterGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $50K | 2022 |
| Peabody Essex MuseumGRANT IS FOR DONEE'S EXEMPT PURPOSE | Salem, MA | $36K | 2022 |
| Women'S Prison AssociationGRANT IS FOR DONEE'S EXEMPT PURPOSE | New York, NY | $30K | 2022 |
| Five Points Center For The Visual ArtsGRANT IS FOR DONEE'S EXEMPT PURPOSE | Torrington, CT | $30K | 2022 |
| Colonial Williamsburg FoundationGRANT IS FOR DONEE'S EXEMPT PURPOSE | Williamsburg, VA | $25K | 2022 |
| Preservation VirginiaGRANT IS FOR DONEE'S EXEMPT PURPOSE | Richmond, VA | $25K | 2022 |
| Corporation For Jeffersons Poplar ForestGRANT IS FOR DONEE'S EXEMPT PURPOSE | Forest, VA | $25K | 2022 |
| ArtsmartGRANT IS FOR DONEE'S EXEMPT PURPOSE | Philadelphia, PA | $25K | 2022 |
| Light House StudioGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $20K | 2022 |
| Front PorchGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $20K | 2022 |
| Oratorio Society Of VirginiaGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $20K | 2022 |
| Youth Orchestras Of Central VirginiaGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $15K | 2022 |
| Uva-Wtju RadioGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $15K | 2022 |
| Farmington Historical Society FoundationGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $13K | 2022 |
| Virginia Chamber Music FoundationGRANT IS FOR DONEE'S EXEMPT PURPOSE | Amherst, VA | $10K | 2022 |
| Support Center For Child AdvocatesGRANT IS FOR DONEE'S EXEMPT PURPOSE | Philadelphia, PA | $10K | 2022 |
| Ron Brown Scholar ProgramGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $10K | 2022 |
| Royal Oak FoundationGRANT IS FOR DONEE'S EXEMPT PURPOSE | New York, NY | $10K | 2022 |
| Wednesday Music ClubGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $10K | 2022 |
| University Of Virginia Arts Fund For Artistic ExcellenceGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $10K | 2022 |
| NehgsGRANT IS FOR DONEE'S EXEMPT PURPOSE | Boston, MA | $10K | 2022 |
| University Of Virginia Center For PoliticsGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $10K | 2022 |
| Center At BelvedereGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $10K | 2022 |
| Blackburn CollegeGRANT IS FOR DONEE'S EXEMPT PURPOSE | Carlinville, IL | $10K | 2022 |
| Victory Hall OperaGRANT IS FOR DONEE'S EXEMPT PURPOSE | Charlottesville, VA | $10K | 2022 |