Cochran Family Foundation
- Assets
- $0.0
- Revenue
- $794.1k
- Investments
- $3.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 12/1998
- Data as of
- 12/2021
- EIN
- 52-2084405
Organization Overview
Cochran Family Foundation is located in Wilmington, DE. The organization was established in 1998. 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. Cochran 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 12/2021, Cochran Family Foundation generated $794.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.2%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Cochran Family Foundation has awarded 87 individual grants totaling $7,175,220. 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
2021
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 |
|---|---|---|---|
John R Cochran III President | 5 | $0 | |
Patricia A Cochran Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $103,751 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,847 |
| Total Revenue | $794,053 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $29,566 |
| Contributions, gifts, grants paid | $2,158,500 |
| Total expenses and disbursements | $2,188,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,426,847 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Cochran Family Foundation has awarded $2,560,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
BISHOP MALOOLY SCHOLARSHIP PURPOSE: GENERAL CHARITABLE PURPOSES | $500,000 |
BROOKLYN ACADEMY OF MUSIC PURPOSE: GENERAL CHARITABLE PURPOSES | $2,000 |
CATHOLIC FAITH APPEAL PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
CATHOLIC RELIEF SERVICES PURPOSE: GENERAL CHARITABLE PURPOSES | $100,000 |
CHRISTIANA CARE HEALTH SYSTEM PURPOSE: GENERAL CHARITABLE PURPOSES | $100,000 |
COVENANT HOUSE PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |