Cornelia Cogswell Rossi Foundation Inc
The Cornelia Cogswell Rossi Foundation Inc is a private foundation based in Wilmington, Delaware, established in 2004. The foundation carries on the philanthropic vision of Dr. Joseph and Connie Rossi, a couple with a strong love of Maine and the Mount Desert Island region. The foundation operates with no employees and maintains a focused grantmaking program.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-33.9% YoY
Annual Giving
$2.1M
-25.4% YoY
Grant Count
117
+6.4% YoY
Avg Grant Size
$18K
-29.9% YoY
Mission & Focus Areas
The foundation is committed to supporting efforts intended to benefit all the people of Maine, with particular emphasis on:
- Healthcare promotion
- Education
- Environmental conservation
The foundation's giving also encompasses science education, renewable energy, and community and school gardens.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Maine, with additional grantmaking in Connecticut and New York. The foundation has particular focus on the Mount Desert Island region and Downeast Maine communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2023):
- Total assets: $3,885,622
- Total revenues: $1,467,760
- Total expenses: $2,910,091
- Total giving: approximately $2.9 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,569,526 | $3,885,622 | $5,327,953 |
| Revenue | $873,126 | $1,467,760 | $1,953,561 |
| Expenses | $2,189,222 | $2,910,091 | $3,515,856 |
| Qualifying Distributions | $2,158,495 | $2,862,751 | $3,449,795 |
| Net Investment Income | $857,874 | $1,443,215 | $1,976,421 |
| Distributable Amount | $211,261 | $282,385 | $404,971 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by three directors:
- John R Raben Jr – President, Director
- Anne B Green – Director, Treasurer, Vice President
- Laurie A Warren – Secretary, Vice President, Director
All three directors receive annual compensation of $15,000 and dedicate approximately 7 hours per week to the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Anne B Green | Dir, Treas, VP | 5 | $15,000 |
| John R Raben Jr | Dir, Pres | 5 | $15,000 |
| Laurie A Warren | Sec, VP, Dir | 5 | $15,000 |
Recent News & Activity
Recent developments and announcements
In 2025, the Cornelia Cogswell Rossi Foundation was selected as a recipient of the Sunbeam Award by Maine Seacoast Mission, recognizing the foundation's commitment to strengthening island and Downeast communities and ensuring residents can thrive in their home communities.
Trust Receives $20,000 for Canal For All Programming from Rossi Foundation\The foundation's grants support a diverse range of Maine-based initiatives, from emergency medical services and higher education to environmental conservation and community development.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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