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Also known as: Foundation Inc
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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 $582K. 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 2016 to 2023. Grantmaking is concentrated in Connecticut. 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.
Smallest Grant
$24K
Median Grant
$36K
Average Grant
$40K
Largest Grant
$59K
Based on 3 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.
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.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bernadette Adams | Pres, Dir | $0 | $0 | N/A |
| Robert F Cohn Esq | Dir, Sec | $0 | $0 | N/A |
| Charles Porter | Dir | $0 | $0 | N/A |
Total Giving
$192K
Total Assets
$2.3M
Fair Market Value
$3M
Net Worth
$2.3M
Grants Paid
$132K
Contributions
N/A
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 |