Steven & Alexandra Cohen Foundation Inc
- Assets
- $524.6m
- Revenue
- $98.0m
- Investments
- $515.8m
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 10/2001
- Data as of
- 12/2020
- EIN
- 06-1627638
Organization Overview
Steven & Alexandra Cohen Foundation Inc is located in Stamford, CT. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steven & Alexandra Cohen Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Steven & Alexandra Cohen Foundation Inc generated $98.0m in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $94.0m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Steven & Alexandra Cohen Foundation Inc has awarded 167 individual grants totaling $128,513,643. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven A Cohen VP / Treasurer | 3 | $0 | |
Alexandra M Cohen Pres. / Secretary | 15 | $0 | |
Joshua Cohen Director | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Plowshare Group Llc | 12/30/20 | $303,720 |
Ernst & Young Llp | 12/30/20 | $50,728 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $155 |
| Interest on Savings | $6,948 |
| Dividends & Interest | $98,000,000 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$85 |
| Other Income | $0 |
| Total Revenue | $98,007,018 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,010,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $437,564 |
| Total operating and administrative expenses | $2,554,799 |
| Contributions, gifts, grants paid | $91,464,675 |
| Total expenses and disbursements | $94,019,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $739,320 |
| Savings and temporary cash investments | $6,428,054 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $27,089 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $515,813,195 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,598,000 |
| Total assets | $524,605,658 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Steven & Alexandra Cohen Foundation Inc has awarded $128,513,643 in support to 167 organizations.
| Grant Recipient | Amount |
|---|---|
Stamford, CT PURPOSE: VETERANS | $15,000,000 |
Stamford, CT PURPOSE: VETERANS | $12,000,000 |
Stamford, CT PURPOSE: VETERANS | $10,000,000 |
Stamford, CT PURPOSE: VETERANS | $10,000,000 |
New York, NY PURPOSE: ARTS | $9,000,000 |
New York, NY PURPOSE: HEALTH | $7,500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellspring Philantropic Fund Inc New York, NY | $117,589,910 | $175,211,153 |
Barr Foundation Boston, MA | $1,838,977,066 | $449,148,867 |
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Steven & Alexandra Cohen Foundation Inc Stamford, CT | $524,605,658 | $98,007,018 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |