Aaron Cray Cornwell Memorial Fund
Aaron Cray Cornwell Memorial Fund is a private foundation focused on Education, based in San Clemente, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $139K in total assets. In 2024, it awarded 3 grants totaling $6K. Net investment income was $16K.
Key facts about Aaron Cray Cornwell Memorial Fund
- EIN
- 33-0864414
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $6,000
- Grants made (2024)
- 3
- Average grant
- $2,000
- Median grant
- $2,000
- Total assets
- $138,922
- Primary geography
- California (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Aaron Cray Cornwell Memorial Fund funds
By grant dollars, the top recipient states for Aaron Cray Cornwell Memorial Fund's 3 itemized 2024 grants were California (100%). The most frequent recipient cities were San Clemente, CA (3 grants). None of its 3 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (3 grants).
How Aaron Cray Cornwell Memorial Fund gives
- Giving grew 50% from 2021 to 2024. Method
- In 2021 it paid out 41% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Aaron Cray Cornwell Memorial Fund
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$139K
Annual Giving
$6K
Grant Count
3
Avg Grant Size
$2K
About Aaron Cray Cornwell Memorial Fund
Based on IRS filings
Aaron Cray Cornwell Memorial Fund is a private foundation focused on Education, based in San Clemente, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $139K in total assets. In 2024, it awarded 3 grants totaling $6K. Net investment income was $16K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $138,922 | $126,423 | $218,100 |
| Revenue | $2,500 | — | $16,059 |
| Expenses | $6,030 | $6,654 | $4,000 |
| Qualifying Distributions | $6,000 | $6,500 | $4,000 |
| Net Investment Income | $15,641 | $3,764 | $13,059 |
| Distributable Amount | — | — | $9,656 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Danny Flores ($2,000), Summer Olvera ($2,000), Andrea Mora ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DANNY FLORES San Clemente, CA | SCHOLARSHIP | $2,000 |
| SUMMER OLVERA San Clemente, CA | SCHOLARSHIP | $2,000 |
| ANDREA MORA San Clemente, CA | SCHOLARSHIP | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Cornwell | CFO | — | — |
| Diana Cornwell | President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Aaron Cray Cornwell Memorial Fund?
Aaron Cray Cornwell Memorial Fund is a private foundation focused on Education, based in San Clemente, CA. It holds $139K in total assets as of 2024.
How large is Aaron Cray Cornwell Memorial Fund?
As of 2024, Aaron Cray Cornwell Memorial Fund holds $139K in total assets with $3K in annual revenue. It awarded 3 grants totaling $6K in 2024.
Where does Aaron Cray Cornwell Memorial Fund operate?
Aaron Cray Cornwell Memorial Fund has awarded grants in California.
What size grants does Aaron Cray Cornwell Memorial Fund award?
In 2024, Aaron Cray Cornwell Memorial Fund awarded 3 grants totaling $6K — an average of about $2K per grant, based on its IRS Form 990 filings.
What is Aaron Cray Cornwell Memorial Fund's EIN?
Aaron Cray Cornwell Memorial Fund's EIN (Employer Identification Number) is 33-0864414. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.