Cora Foundation Inc

BUFFALO, WY EIN: 76-0528888

Cora Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BUFFALO, WY. IRS filing data is available from 2020 through 2022. In 2022, it awarded 10 grants totaling $2.3M. Net investment income was $31K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$2.3M

+1134.8% YoY

Grant Count

10

+150.0% YoY

Avg Grant Size

$226K

+393.9% YoY

Under IRS private-foundation payout rules, Cora Foundation Inc reported a distributable amount of $88K for 2022 — the minimum it must pay out in qualifying distributions.

About Cora Foundation Inc

Based on IRS filings

Cora Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BUFFALO, WY. IRS filing data is available from 2020 through 2022. In 2022, it awarded 10 grants totaling $2.3M. Net investment income was $31K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BozemanBuffaloDaytonElizabethtonJenisonMissouri CityNashvilleWilliston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$625K$1M$2M$3M202020212022
Metric202220212020
Total Assets$2,414,517$2,142,854
Revenue$-5,010$422,687$379,645
Expenses$2,274,308$187,279$240,861
Qualifying Distributions$2,265,411$184,704
Net Investment Income$30,931$116,307$82,848
Distributable Amount$87,935$101,500$82,407

Giving Over Time

Total grant dollars and number of grants per year

$0$566K$1M$2M$2M5 grants20204 grants202110 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

LOVE IN THE NAME OF CHRIST$526KLOVE IN THE NAME OF CHRIST$426KGRACE FELLOWSHIP$400KISAIAH 117 HOUSE$315KGRACE FELLOWSHIP$230KMARS HILL PRODUCTIONS$150KGALLATIN COUNTY LOVE INC$75KUNITED THEOLOGICAL SEMIN…$50KUM HIGHER EDUCATION FOUN…$50KMARS HILL PRODUCTIONS$40K

Grant Size Distribution

19 grants across all recorded years

5<$50K8$50–100K2$100–250K3$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Love in the Name of Christ ($526,200), Love in the Name of Christ ($426,000), Grace Fellowship ($400,000).

RecipientPurposeAmount
GALLATIN COUNTY LOVE INC BOZEMAN, MTSALARY SUPPORT FOR DIRECTOR OF COMMUNITY GROWTH$75,000
LOVE IN THE NAME OF CHRIST JENISON, MISUPPORT FOR DEVELOPMENT OF LOVE INC MODEL KENYA$526,200
LOVE IN THE NAME OF CHRIST JENISON, MIVARIOUS PROJECTS TO BUILD THE CAPACITY OF ORGANIZATION TO GROWTH AND SUPPORT AFFILIATES$426,000
UNITED THEOLOGICAL SEMINARY DAYTON, OHSUPPORT FOR THE INNOVATION CENTER PROJECT$50,000
GRACE FELLOWSHIP BUFFALO, WYPURCHASE LAND FOR NEW BUILDING$230,000
MARS HILL PRODUCTIONS MISSOURI CITY, TXGENERAL OPERATIONS SUPPORT$40,000
ISAIAH 117 HOUSE ELIZABETHTON, TNSUPPORT FOR BRAZORIA COUNTY, TX ISAIAH 117 HOUSE$315,000
MARS HILL PRODUCTIONS MISSOURI CITY, TXSUPPORT FOR PG STUDIO PROJECT$150,000
UM HIGHER EDUCATION FOUNDATION NASHVILLE, TNBISHOP BRUCE AND CHAR OUGH ENDOWMENT FUND$50,000
GRACE FELLOWSHIP BUFFALO, WYNEW BUILDING FUND$400,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
STEVEN T OUGHPRESIDENT10
LINDA R OUGHSEC/TREAS3
BRUCE R OUGHDIRECTOR3

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Cora Foundation Inc?

Cora Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BUFFALO, WY. It holds — in total assets as of 2022.

Where does Cora Foundation Inc operate?

Cora Foundation Inc has awarded grants in Michigan, Montana, North Dakota, Ohio, Tennessee, Texas, Wyoming.

What size grants does Cora Foundation Inc award?

In 2022, Cora Foundation Inc awarded 10 grants totaling $2.3M — an average of about $226K per grant, based on its IRS Form 990 filings.

How much is Cora Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Cora Foundation Inc reported a distributable amount of $88K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cora Foundation Inc's EIN?

Cora Foundation Inc's EIN (Employer Identification Number) is 76-0528888. IRS Form 990 filing data is available on this page for 2020–2022.

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

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