Cg42 Foundation

ISLE OF PALMS, SC EIN: 85-6810971

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$94K

-45.8% YoY

Annual Giving

$83K

+98.6% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$42K

-0.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$51K$76K$101K2021202220232024
Metric202420232022
Total Assets$94,345$174,189$207,509
Revenue$7,077$10,407$91,921
Expenses$86,921$43,727$43,450
Qualifying Distributions$83,400$42,000$42,000
Net Investment Income$6,956$8,680$1,921
Distributable Amount$7,177$9,535$6,833

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$42K$63K$83K1 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

FAIRFIELD UNIVERSITY$42KSCHOLARSHIP AMERICA INC$41K

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Cg42 Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEPHEN C BECKTRUSTEE2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

FairfieldMinneapolis

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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