Theodore P And Bonnie M Cohen Charitable Foundation Inc
- Assets
- $602.3k
- Revenue
- $34.7k
- Investments
- $594.1k
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 08/2009
- Data as of
- 12/2023
- EIN
- 26-1639732
Organization Overview
Theodore P And Bonnie M Cohen Charitable Foundation Inc is located in West Palm Beach, FL. The organization was established in 2009. 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. Theodore P And Bonnie M Cohen Charitable 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 12/2023, Theodore P And Bonnie M Cohen Charitable Foundation Inc generated $34.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $18.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Theodore P And Bonnie M Cohen Charitable Foundation Inc has awarded 91 individual grants totaling $270,134. 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 |
|---|---|---|---|
Theodore P Cohen Treasurer | 4 | $0 | |
Bonnie M Cohen President/secetary | 10 | $0 | |
Shari J Cohen Vice President | 2 | $0 | |
Debra R Cohen Vice President | 2 | $0 | |
Wendy L Cohen Vice President/secetary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,424 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,295 |
| Capital Gain Net Income | $20,295 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,719 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $410 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,361 |
| Total operating and administrative expenses | $2,771 |
| Contributions, gifts, grants paid | $15,469 |
| Total expenses and disbursements | $18,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,159 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $602,251 |
| 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, Theodore P And Bonnie M Cohen Charitable Foundation Inc has awarded $15,469 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS FOUNDATION OF AMERICA PURPOSE: EDUCATION TO FAMILIES OF INDIVIDUALS AFFECTED BY ALZHEIMERS | $100 |
AMERICAN CIVIL LIBERTIES UNION PURPOSE: EDUCATE THE PUBLIC | $500 |
CLEAN AIR TASK FORCE PURPOSE: ENVIRONMENTAL FRIENDLY ORGANIZATION | $500 |
DIABETES FOUNDATION PURPOSE: SUPPORT TO PEOPLE WITH DIABETES | $100 |
CLINIC CAN HELP PURPOSE: HEALTH EQUIPMENT | $25 |
INSTITUTE FOR CANCER RESEARCH PURPOSE: SCIENTIFIC DISCOVERY, PIONEERING PREVENTION AND COMPASSIONATE CARE | $100 |