Sam L Cohen Foundation
- Assets
- $31.0m
- Revenue
- $2.8m
- Investments
- $25.3m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 09/2005
- Data as of
- 12/2020
- EIN
- 20-2262822
Organization Overview
Sam L Cohen Foundation is located in Portland, ME. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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.
For the year ending 12/2020, Sam L Cohen Foundation generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sam L Cohen Foundation has awarded 618 individual grants totaling $11,906,119. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Shoos Executive Director | 40 | $133,562 | |
Jeffrey A Nathanson ESQ Director, President | 10 | $18,500 | |
Jerome F Goldberg ESQ Director, Chair | 10 | $18,500 | |
Edward K Simensky CPA Director, Treasurer | 2 | $15,000 | |
Sherry P Broder ESQ Director, Secretary | 2 | $15,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Prime Buchholz | 12/30/15 | $75,000 |
Sanderson Asset Management Inc | 12/30/15 | $51,229 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $639,379 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,067,732 |
| Capital Gain Net Income | $2,067,732 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $80,712 |
| Total Revenue | $2,787,823 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $200,562 |
| Other employee salaries and wages | $124,744 |
| Pension plans, employee benefits | $36,239 |
| Interest | $28,829 |
| Taxes | $52,054 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,355 |
| Printing and publications | $0 |
| Other expenses | $137,849 |
| Total operating and administrative expenses | $746,700 |
| Contributions, gifts, grants paid | $2,508,200 |
| Total expenses and disbursements | $3,254,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,256,641 |
| Savings and temporary cash investments | $4,497,745 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,251,780 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,005,030 |
| 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, Sam L Cohen Foundation has awarded $2,508,200 in support to 153 organizations.
| Grant Recipient | Amount |
|---|---|
MAINE MEDICAL CENTER PURPOSE: CAPITAL CAMPAIGN | $125,000 |
Portland, ME PURPOSE: SAM L. COHEN REFUGEE AND HUMAN RIGHTS CLINICAL PROFESSORSHIP | $125,000 |
Scarborough, ME PURPOSE: CAPITAL CAMPAIGN | $50,000 |
Washington, DC PURPOSE: NEW RIGHT FROM THE START COALITION | $50,000 |
NORTHERN LIGHT MERCY PURPOSE: ONE MERCY | $50,000 |
Colchester, VT PURPOSE: DEEPENING IMPACT IN SOUTHERN MAINE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kahle-Austin Foundation Rockland, ME | $119,136,757 | $22,784,241 |
Rannie Webster Foundation Rye, NH | $23,529,308 | $14,667,409 |
Lunder Foundation Portland, ME | $203,668 | $28,645,883 |
The Birchtree Center Portsmouth, NH | $1,537,247 | $4,827,077 |
Opportunity Networks Inc Amherst, NH | $2,190,017 | $3,887,932 |
Sam L Cohen Foundation Portland, ME | $31,005,030 | $2,787,823 |
Huber Foundation Falmouth, ME | $50,918,952 | $8,731,993 |
The Bill And Joan Alfond Foundation Portland, ME | $21,748,010 | $1,749,673 |
Frank M & Olive E Gilman Foundation Inc Enfield, NH | $31,817,203 | $1,071,040 |
Putnam Foundation Keene, NH | $27,869,564 | $1,480,404 |
Elsie Procter Van Buren Foundation Hancock, NH | $8,489,070 | $8,154,899 |
Roxanne Quimby Foundation Inc Portland, ME | $38,852,110 | $2,287,012 |