Cochineal Charitable Trust

MINNEAPOLIS, MN EIN: 82-1957635

Cochineal Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.1M in total assets. In 2024, it awarded 1 grants totaling $1.0M. Net investment income was $1.3M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.1M

+1.9% YoY

Annual Giving

$1.0M

+28.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.0M

+28.0% YoY

Under IRS private-foundation payout rules, Cochineal Charitable Trust reported a distributable amount of $729K for 2024 — the minimum it must pay out in qualifying distributions.

About Cochineal Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $4.1M (100%)

States

Minnesota

Cities

Minneapolis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$14,080,250	$13,824,143	$14,097,234
Revenue	$1,473,747	$705,763	$365,994
Expenses	$1,215,880	$978,361	$993,662
Qualifying Distributions	$1,048,107	$821,265	$798,325
Net Investment Income	$1,316,100	$550,267	$432,244
Distributable Amount	$729,142	$694,798	$721,699

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various Charitable Organizations ($1,036,000).

Recipient	Purpose	Amount
VARIOUS CHARITABLE ORGANIZATIONS MINNEAPOLIS, MN	GENERAL PURPOSE TO BE DETERMINED BY THE GRANTEE	$1,036,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ELLEN D GRACE	TRUSTEE	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Cochineal Charitable Trust?

Cochineal Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. It holds $14.1M in total assets as of 2024.

How large is Cochineal Charitable Trust?

As of 2024, Cochineal Charitable Trust holds $14.1M in total assets with $1.5M in annual revenue. It awarded 1 grants totaling $1.0M in 2024.

Where does Cochineal Charitable Trust operate?

Cochineal Charitable Trust has awarded grants in Minnesota.

What size grants does Cochineal Charitable Trust award?

In 2024, Cochineal Charitable Trust awarded 1 grants totaling $1.0M — an average of about $1.0M per grant, based on its IRS Form 990 filings.

How much is Cochineal Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cochineal Charitable Trust reported a distributable amount of $729K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.