Corson Family Foundation Inc
- Assets
- $0.0
- Revenue
- $19.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 04/1996
- Data as of
- 12/2023
- EIN
- 35-1939789
Organization Overview
Corson Family Foundation Inc is located in Orlando, FL. The organization was established in 1996. 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. Corson Family 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, Corson Family Foundation Inc generated $19.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Corson Family Foundation Inc has awarded 195 individual grants totaling $5,784,915. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Corson Skinner Chairman | 2 | $0 | |
Benjamin T Corson VP Asst Treasurer | 0 | $0 | |
Charlotte Corson Wolf 1st VP Asst Treasurer | 0 | $0 | |
James P Skinner VP Asst Secretary | 0 | $0 | |
Melanie Demorrow Treasurer And Secretary | 2 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $72,657 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$56,280 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,942 |
| Total Revenue | $19,319 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,022 |
| Contributions, gifts, grants paid | $3,973,565 |
| Total expenses and disbursements | $3,999,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Corson Family Foundation Inc has awarded $3,973,565 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
INTERLOCHEN CENTER FOR THE ARTS PURPOSE: GENERAL OPERATING | $2,404,815 |
CENTER FOR THE HOMELESS-MILLER VETERANS PURPOSE: GENERAL OPERATING | $10,000 |
CENTER FOR HOSPICE CARE PURPOSE: GENERAL OPERATING | $30,000 |
LOVEWAY INC PURPOSE: GENERAL OPERATING | $1,000 |
GRACE LAWN CEMETERY PURPOSE: GENERAL OPERATING | $17,750 |
GOSHEN COLLEGE PURPOSE: GENERAL OPERATING | $225,000 |