Cornet Creek Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TELLURIDE, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 16 grants totaling $80K. Net investment income was $37K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-4.5% YoY
Annual Giving
$80K
-2.5% YoY
Grant Count
16
+33.3% YoY
Avg Grant Size
$5K
-26.8% YoY
Under IRS private-foundation payout rules, Cornet Creek Foundation reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.
About Cornet Creek Foundation
Based on IRS filings
Cornet Creek Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TELLURIDE, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 16 grants totaling $80K. Net investment income was $37K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,160,533 | $1,214,701 | $1,097,521 |
| Revenue | $39,918 | $204,719 | $56,957 |
| Expenses | $82,754 | $91,119 | $78,094 |
| Qualifying Distributions | $79,703 | $83,966 | $71,357 |
| Net Investment Income | $36,867 | $182,566 | $50,219 |
| Distributable Amount | $68,372 | $54,593 | $59,761 |
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
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Telluride Mountain School ($30,000), St Andrews School ($25,000), Telluride Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AH HAA SCHOOL OF ARTS TELLURIDE, CO | GIVING ACCESS AND OPPORTUNITY FOR PEOPLE OF ALL AGES TO ENGAGE IN CREATIVE EXPERIENCES. | $1,030 |
| DARTMOUTH COLLEGE HANOVER, NH | CHARITABLE EDUCATION GIVING | $1,000 |
| HUMANE SOCIETY OF THE US WASHINGTON, DC | HELP STOP ANIMAL CRUELTY | $250 |
| KOTO RADIO TELLURID TELLURIDE, CO | INFORM, EDUCATE, AND ENTERTAIN WHILE REFLECTING THE NEEDS, DESIRES, AND DIERSITY OF OUR COMMUNITY | $273 |
| MARET SCHOOL WASHINGTON, DC | SUPPORT THE EDUCATION OF STUDENTS IN GRADES K-12 | $100 |
| NEW JERSEY BOTANICAL GARDEN RINGWOOD, NJ | TO SUPPORT THE GARDEN'S MISSION OF PLANT CONSERVATION, BOTANICAL RESEARCH, AND PUBLIC EDUCATION | $100 |
| PINHEAD INSTITUTE INC TELLURIDE, CO | PROMOTE SCIENCE-EDUCATION BOTH LOCALLY AND GLOBALLY THROUGH AN INTERNATIONAL NETWORK OF THE WORLD'S LEADING SCIENTISTS. PINHEAD INSTITUTE EDUCATES AND INSPIRES CHILDREN AND ADULTS IN THE GREATER TELLURIDE REGION ABOUT THE WONDERS OF SCIENCE AND TECHNOLOGY | $5,000 |
| ROCKY MOUNTAIN PBS DENVER, CO | SERVE COLORADO WITH LIFE-ENRICHING PROGRAMS AND SERVICES THROUGH TELEVISION, OUTREACH, AND TELECOMMUNICATIONS SERVES. | $100 |
| ST ANDREWS SCHOOL MIDDLETOWN, DE | CHARITABLE EDUCATION GIVING | $25,000 |
| TELLURIDE FOUNDATION TELLURIDE, CO | PROMOTE PHILANTHROPY AND CREATE A STRONGER COMMUNITY IN TELLURIDE REGION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTOPHER J ARNDT | DIRECTOR | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cornet Creek Foundation?
Cornet Creek Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TELLURIDE, CO. It holds $1.2M in total assets as of 2024.
How large is Cornet Creek Foundation?
As of 2024, Cornet Creek Foundation holds $1.2M in total assets with $40K in annual revenue. It awarded 16 grants totaling $80K in 2024.
Where does Cornet Creek Foundation operate?
Cornet Creek Foundation has awarded grants in Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Texas.
What size grants does Cornet Creek Foundation award?
In 2024, Cornet Creek Foundation awarded 16 grants totaling $80K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Cornet Creek Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cornet Creek Foundation reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cornet Creek Foundation's EIN?
Cornet Creek Foundation's EIN (Employer Identification Number) is 83-0731411. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cornet Creek Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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