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Norathco Foundation is a private corporation based in ITHACA, NY. The foundation received its IRS ruling in 2006. The principal officer is Frederick D Cowett. It holds total assets of $2.1M. Annual income is reported at $692K. Total assets have grown from $1.4M in 2011 to $2.2M in 2023. The foundation is governed by 1 officer or trustee. 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 2023. Grantmaking is concentrated in New York. According to available records, Norathco Foundation has made 223 grants totaling $575K, with a median grant of $2K. The foundation has distributed between $148K and $276K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $276K distributed across 110 grants. Individual grants have ranged from $500 to $10K, with an average award of $3K. The foundation has supported 62 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Massachusetts, which account for 87% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$3K
Largest Grant
$10K
Based on 59 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.
Norathco Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 223 grants. Its grantmaking reaches organizations primarily in NY, DC, MA.
Norathco Foundation has distributed a total of $575K across 223 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $500 to $10K.
Norathco Foundation typically selects its grantees rather than accepting unsolicited proposals.
Norathco Foundation is headquartered in ITHACA, NY. While based in NY, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frederick D Cowett | SOLE DIRECTOR,PRES.,TREAS. | $0 | $0 | N/A |
Total Giving
$202K
Total Assets
$2.2M
Fair Market Value
$3.2M
Net Worth
$2.2M
Grants Paid
$152K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$150K
Total: $1.1M
Total Grants
223
Total Giving
$575K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
62
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of Stewart ParkGENERAL SUPPORT | Ithaca, NY | $10K | 2023 |
| Center For Reproductive RightsGENERAL SUPPORT | New York, NY | $10K | 2023 |
| Collegiate SchoolGENERAL SUPPORT | New York, NY | $10K | 2023 |
| Naral FoundationGENERAL SUPPORT | Washington, DC | $10K | 2023 |
| Wharton Studio MuseumGENERAL SUPPORT | Ithaca, NY | $10K | 2023 |
| British Schools And Universities FoundationGENERAL SUPPORT | New York, NY | $8K | 2023 |
| Planned Parenthood Federation Of AmericaGENERAL SUPPORT | Washington, DC | $5K | 2023 |
| Harvard College FundGENERAL SUPPORT | Boston, MA | $5K | 2023 |
| Cancer Resource Center Of The Finger LakesGENERAL SUPPORT | Ithaca, NY | $3K | 2023 |
| Historic IthacaGENERAL SUPPORT | Ithaca, NY | $3K | 2023 |
| Cayuga Medical Center FoundationGENERAL SUPPORT | Ithaca, NY | $3K | 2023 |
| Wild CenterGENERAL SUPPORT | Tupper Lake, NY | $3K | 2023 |
| Food Bank Of The Southern TierGENERAL SUPPORT | Elmira, NY | $3K | 2023 |
| Foodnet Meals On WheelsGENERAL SUPPORT | Ithaca, NY | $3K | 2023 |
| Breast Cancer Research FoundationGENERAL SUPPORT | New York, NY | $3K | 2023 |
| Cornell CinemaGENERAL SUPPORT | Ithaca, NY | $3K | 2023 |
| 7th Art CorporationcinemapolisGENERAL SUPPORT | Ithaca, NY | $3K | 2023 |
| Brown Annual FundGENERAL SUPPORT | Providence, RI | $3K | 2023 |
| Mount Sinai Hospital Dubin Breast CenterGENERAL SUPPORT | New York, NY | $3K | 2023 |
| KcrwGENERAL SUPPORT | Artesia, CA | $3K | 2023 |
| Northeastern UniversityGENERAL SUPPORT | Boston, MA | $3K | 2023 |
| HospicareGENERAL SUPPORT | Ithaca, NY | $2K | 2023 |
| Downtown Ithaca Childrens CenterGENERAL SUPPORT | Ithaca, NY | $2K | 2023 |
| Friends Of Robinson GardensGENERAL SUPPORT | Beverly Hills, CA | $2K | 2023 |
| FrisbetrafalgarGENERAL SUPPORT | Seattle, WA | $2K | 2023 |
| Ithaca Neighborhood Housing ServicesGENERAL SUPPORT | Ithaca, NY | $2K | 2023 |
| RackerGENERAL SUPPORT | Ithaca, NY | $2K | 2023 |
| SciencenterGENERAL SUPPORT | Ithaca, NY | $2K | 2023 |
| State Theatre Of Ithaca IncGENERAL SUPPORT | Ithaca, NY | $2K | 2023 |
| Urban Resources InitiativeGENERAL SUPPORT | New Haven, CT | $2K | 2023 |
| Village Of Cayuga HeightsGENERAL SUPPORT | Ithaca, NY | $2K | 2023 |
| WcnyGENERAL SUPPORT | Syracuse, NY | $2K | 2023 |
| WrvoGENERAL SUPPORT | Oswego, NY | $2K | 2023 |
| WskgGENERAL SUPPORT | Vestal, NY | $2K | 2023 |
| Yale Alumni FundGENERAL SUPPORT | New Haven, CT | $2K | 2023 |
| Center For Transformative ActionGENERAL SUPPORT | Ithaca, NY | $2K | 2023 |
| Cherry ArtsGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| History Center In Tompkins CountyGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Saltonstall Foundation For The ArtsGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Family Reading PartnershipGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Charity NavigatorGENERAL SUPPORT | Bellmawr, NJ | $1K | 2023 |
| Suicide Prevention & Crisis ServiceGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Tompkins County Library FoundationGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Hangar TheatreGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Golden OpportunityGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Finger Lakes Toy LibraryGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Challenge Workforce SolutionsGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Ithaca Public Education InitiativeGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Finger Lakes Land TrustGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Kitchen TheatreGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |