Herbert N And Olive Cohn Family Foundation
- Assets
- $911.6k
- Revenue
- $57.8k
- Investments
- $895.4k
- Employees
- 0
- Location
- Plainview, NY
- Founding
- 08/2003
- Data as of
- 12/2022
- EIN
- 51-0474071
Organization Overview
Herbert N And Olive Cohn Family Foundation is located in Plainview, NY. The organization was established in 2003. 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. Herbert N And Olive Cohn Family 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 12/2022, Herbert N And Olive Cohn Family Foundation generated $57.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $81.3k during the year ending 12/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Herbert N And Olive Cohn Family Foundation has awarded 55 individual grants totaling $376,972. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS PAID DURING THE YEAR - SEE STMT 8
ADMINISTRATIVE COSTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy E Conescu Vp/sec'y/director | 0 | $0 | |
Robert G Cohn Vp/treas/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $49 |
| Dividends & Interest | $23,942 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,706 |
| Capital Gain Net Income | $33,706 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $55 |
| Total Revenue | $57,752 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,449 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,790 |
| Total operating and administrative expenses | $27,489 |
| Contributions, gifts, grants paid | $53,806 |
| Total expenses and disbursements | $81,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,173 |
| 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 | $911,587 |
| 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, Herbert N And Olive Cohn Family Foundation has awarded $53,806 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HARP GUITAR FOUNDATION PURPOSE: MUSIC EDUCATION | $5,000 |
MERCY CORPS PURPOSE: HUMANITARIAN RELIEF | $5,403 |
DUBLIN FOOD PANTRY PURPOSE: SOLUTIONS TO END HUNGER | $26,903 |
HARP GUITAR GATHERING PURPOSE: MUSIC EDUCATION | $5,000 |
OREGON FOOD BANK PURPOSE: SOLUTION TO END HUNGER | $7,500 |
UNION THEOLOGICAL SEMINARY PURPOSE: SOLUTIONS TO END POVERTY | $4,000 |