Cornell Family Charitable Foundation
- Assets
- $16.4m
- Revenue
- -$163.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- Data as of
- 12/2022
- EIN
- 87-6771473
Organization Overview
Cornell Family Charitable Foundation is located in Boca Raton, FL. 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. Cornell Family Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Cornell Family Charitable Foundation has awarded 14 individual grants totaling $332,240. 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 |
|---|---|---|---|
Jane Cornell Trustee | 1 | $0 | |
Michael C Cornell Trustee | 1 | $0 | |
Lauren B Lazar Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $126,838 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$279,925 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$10,505 |
| Total Revenue | -$163,592 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,016 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,247 |
| Total operating and administrative expenses | $29,263 |
| Contributions, gifts, grants paid | $332,240 |
| Total expenses and disbursements | $361,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $609,476 |
| 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 | $15,823,093 |
| Total assets | $16,432,569 |
| 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, Cornell Family Charitable Foundation has awarded $332,240 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JEWISH COMMITTEE PURPOSE: UNRESTRICTED | $5,000 |
AMERICAN ISRAEL EDUCATION FDN PURPOSE: UNRESTRICTED | $20,000 |
B'NAI TORAH CONGREGATION PURPOSE: UNRESTRICTED | $360 |
CORNELL UNIVERSITY PURPOSE: UNRESTRICTED | $15,000 |
FRIENDS OF ISRAEL DEFENSE FORCES PURPOSE: UNRESTRICTED | $24,480 |
HILLEL OF BROWARD AND PALM BEACH INC PURPOSE: UNRESTRICTED | $1,800 |