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Also known as: Foundation Inc
Kenneth Cornell Charitable Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2004. The principal officer is % Foundation Source. It holds total assets of $2.3M. Annual income is reported at $460K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Kenneth Cornell Charitable Foundation Inc. has made 12 grants totaling $552K, with a median grant of $42K. The foundation has distributed between $119K and $301K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $301K distributed across 6 grants. Individual grants have ranged from $24K to $75K, with an average award of $46K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
Kenneth Cornell Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CT.
Kenneth Cornell Charitable Foundation Inc. has distributed a total of $552K across 12 grants. The median grant size is $42K, with an average of $46K. Individual grants have ranged from $24K to $75K.
Kenneth Cornell Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Kenneth Cornell Charitable Foundation Inc. is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bernadette Adams | Pres, Dir | $0 | $0 | $0 |
| Robert F Cohn Esq | Dir, Sec | $0 | $0 | $0 |
| Charles Porter | Dir | $0 | $0 | $0 |
Total Giving
$192K
Total Assets
$2.3M
Fair Market Value
$3M
Net Worth
$2.3M
Grants Paid
$132K
Contributions
$0
Net Investment Income
$88K
Distribution Amount
$140K
Total: $2.3M
Total Grants
12
Total Giving
$552K
Average Grant
$46K
Median Grant
$42K
Unique Recipients
3
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Yale UniversityGeneral & Unrestricted | New Haven, CT | $66K | 2023 |
| Americares Foundation IncGeneral & Unrestricted | Stamford, CT | $40K | 2023 |
| National Multiple Sclerosis SocietyGeneral & Unrestricted | Hartford, CT | $26K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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