Cornell Family Charitable Foundation

Tax-deductible

Boca Raton, FL501(c)(3)Foundations & GrantmakersEIN 87-6771473Revenue $780K in FY2024

On file with the IRSCo Cbiz 2255 Glades Road Ste 321, 33431-0000 · Boca Raton, FLTax-exempt since Mar 2022Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $605K a year · 269% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
990-PF Pt I · 3 filings
Cash reserves
11 mo
of spending, in cash
Looks good: 11.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $330K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$780K
×13 vs prior year
Spent
$1.1M
Net assets
$15.1M
By yearFY2022–FY2024
Revenue
$780K
FY2024▲ ×13
Tap a bar for its year
Revenue by fiscal year
FY2022−$164K
FY2023$60K
FY2024$780K
Expenses
$1.1M
FY2024▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2022$362K
FY2023$1.0M
FY2024$1.1M
Net assets
$15.1M
FY2024▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2022$16.4M
FY2023$15.4M
FY2024$15.1M

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 79% · $864K Operating & administrative 21% · $227K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation

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Programs and updates

A private foundation based in Boca Raton, FL.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 42 grants · $864K · 2024–2024
Pef Israel Endowment Funds INCFY2024$120,000
American Jewish CommitteeNY · FY2024$80,000
Individual RecipientFY2024$50,000
Boys and Girls Club of Mt VernonFY2024$50,000
AfmdaFY2024$41,000
Memorial Sloan Kettering Cancer CenterFY2024$40,000
Syracuse UniversityNY · FY2024$37,000
Birthright Israel FoundationNY · FY2024$25,000
Ruth & Norman Rales Jewish Family ServiceFY2024$23,250
Israel Tennnis Centers Foundation INCFY2024$17,500
The Schneerson Center for Jewish LifeFY2024$11,000
Lawfare Project INCNY · FY2024$5,600
US Holocaust MuseumFY2024$5,000
See all 42 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV22
Average grantPart XV$21K
Median grantPart XV$5K
Largest grantPart XV$169K
Top cause focusNTEEInternational (12%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$780K
Investment income$812K
Money out
$1.1M
Grants paid$864K
Running costs$227K
Owns and owes
$15.1M
net assets
Cash and savings$1.0M
Total assets$15.1M
Liabilities$0
2In more detail
Revenue in detail
Investment income$812K
Total revenue$780K
Assets in detailEnd of year
Cash and savings together$1.0M
Total assets$15.1M
Liabilities$0
Net assets$15.1M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $780K$1.1M−$311K$15.1M 990 PDF
FY2023 $60K$1.0M−$980K$15.4M 990 PDF
FY2022 −$164K$362K−$525K$16.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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