Edgar G Cochrane Md And Agnes L Cochrane Foundation
- Assets
- $1.1m
- Revenue
- $29.4k
- Investments
- $1.1m
- Employees
- 0
- Location
- Sylvan Lake, MI
- Founding
- 05/2002
- Data as of
- 12/2023
- EIN
- 38-3616370
Organization Overview
Edgar G Cochrane Md And Agnes L Cochrane Foundation is located in Sylvan Lake, MI. The organization was established in 2002. 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. Edgar G Cochrane MD And Agnes L Cochrane Foundation 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, Edgar G Cochrane MD And Agnes L Cochrane Foundation generated $29.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $44.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Edgar G Cochrane MD And Agnes L Cochrane Foundation has awarded 20 individual grants totaling $129,997. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25,712 |
| Dividends & Interest | $3,705 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $14,702 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,417 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $372 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $102 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,974 |
| Contributions, gifts, grants paid | $32,159 |
| Total expenses and disbursements | $44,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,691 |
| 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 | $1,057,822 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,066,513 |
| 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, Edgar G Cochrane Md And Agnes L Cochrane Foundation has awarded $32,159 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR PARTNERSHIP STUDIES PURPOSE: EDUCATION | $22,000 |
CASS COMMUNITY SOCIAL SERVICES PURPOSE: FIGHTING POVERTY | $3,109 |
CARE HOUSE PURPOSE: PREVENT CHILD ABUSE/NEGLECT | $5,000 |
CHRIS EVERETT CHARITIES PURPOSE: PREVENT CHILD ABUSE/NEGLECT | $920 |
SHINE ON SIERRA LEONE PURPOSE: EDUCATION | $1,130 |