Cort Foundation Inc
Cort Foundation Inc is a private foundation, based in Chantilly, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $70K in total assets. In 2025, it made $911 in qualifying distributions. Net investment income was $2K.
Cort Foundation Inc at a glance
- Total assets
- $70,072
- +1.4% vs 2024
- Revenue (2025)
- $2,730
- -26.3% vs 2024
- Qualifying distributions (2025)
- $911
- -92.3% vs 2024
- Expenses (2025)
- $1,745
- -86.9% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Cort Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Cort Foundation Inc gives
- In 2025 it paid out 27% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $5K (2022) to $10K (2024). In 2024 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $70,072 | $2,730 | $1,745 | — | — | $911 | $1,927 | $3,389 |
| 2024 | $69,087 | $3,705 | $13,301 | $10,000 | 1 | $11,809 | $2,249 | $3,841 |
| 2023 | $78,683 | $3,621 | $2,632 | — | — | $1,498 | $2,487 | $3,852 |
| 2022 | $77,694 | $1,087 | $12,979 | $5,000 | 1 | $9,117 | — | $4,116 |
| 2021 | $89,586 | $8 | $400 | — | — | $380 | — | $4,422 |
| 2020 | $89,978 | $241 | $508 | — | — | — | $224 | $4,439 |
Under IRS private-foundation payout rules, Cort Foundation Inc reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Cort Foundation Inc is led by Michael E. Davis, President on every filing since 2024; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael E. Davis
President
On filings since 2024
0.5 hrs/week
No compensation reported
Sean Reddan
CFO
On filings since 2024
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: Deborah K. Lansford (2020–2023) — Treasurer
- Former: Jeffrey D. Pederson (2020–2023) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Cort Foundation Inc
How large is Cort Foundation Inc?
Cort Foundation Inc reported $70K in total assets on its 2025 IRS Form 990-PF. It paid out $911 in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Cort Foundation Inc operate?
Cort Foundation Inc has awarded grants in Florida, Georgia.
What is Cort Foundation Inc's EIN?
Cort Foundation Inc's EIN (Employer Identification Number) is 54-1566234. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 30, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 29, 2026)
- IRS filings on file for fiscal years 2020–2025
Other open foundation grants in Virginia
Virginia Open opportunities, soonest deadline first.
- CIDQ Emerging Interior Design Educator Scholarship Program NCIDQ Exam fees (exam-fee voucher; excludes application fees and study materials) · Due October 31, 2026
- CIDQ Scholarship ACCESS Program (SAP) NCIDQ Exam fees (exam-fee voucher; excludes application fees and study materials) · Due October 31, 2026
- Big Nova Foundation Grant Program Due November 1, 2026
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Figures come from Cort Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Cort Foundation Inc down — hundreds of funders to go?