Cotten Charitable Trust
Cotten Charitable Trust is a private foundation based in Pennington, New Jersey. Its 2024 filing reports grants to charitable organizations, all for general operating purposes among the listed grants.
Cotten Charitable Trust at a glance
In short: Cotten Charitable Trust gave $422K across 16 grants in 2024 (avg $26K), mostly in Florida. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $422,083
- +11.1% vs 2023
- Grants made (2024)
- 16
- +0.0% vs 2023
- Average grant
- $26,380
- +11.1% vs 2023
- Median grant
- $27,472
- Total assets
- $6,299,792
- -0.5% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 16, 2024; small sample)
- Primary geography
- Florida (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Cotten Charitable Trust
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: PO Box 1532, Pennington, NJ 08534
Phone: (212) 852-3049
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Cotten Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Orlando Philharmonic Orchestra ($46K). Together the top 10 received $311K.
Grant Size Distribution
47 grants across all recorded years
The most common grant size was under $50K: 47 grants of 47 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 91% of grant dollars went to recipients in Florida and 9% to recipients in Maryland.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
Cities
Is Cotten Charitable Trust open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 16 grantees (0%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 137% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $68K (2022) to $422K (2024). In 2024 it made 16 grants totaling $422K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Orlando Philharmonic Orchestra Orlando, FL | General Operating | $45,787 |
| Hood College of Frederick MD Frederick, MD | General Operating | $36,630 |
| Florida Institute of Technolog Melbourne, FL | General Operating | $36,630 |
| Salvation Army a Georgia Corpo Tampa, FL | General Operating | $27,472 |
| Pet Alliance of Greater Orland Orlando, FL | General Operating | $27,472 |
| Winter Park Day Nursery Inc Winter Park, FL | General Operating | $27,472 |
| Winter Park Library Associatio Winter Park, FL | General Operating | $27,472 |
| Orlando Museum of Art Inc Orlando, FL | General Operating | $27,472 |
| The Orlando Union Rescue Missi Orlando, FL | General Operating | $27,472 |
| Second Harvest Food Bank Orlando, FL | General Operating | $27,472 |
Ready to take the next step with Cotten Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $6,299,792 | $493,434 | $527,402 | $422,083 | 16 | $475,069 | $449,556 | $346,113 |
| 2023 | $6,334,423 | $565,109 | $491,815 | $379,870 | 16 | $429,298 | $239,762 | $328,128 |
| 2022 | $7,037,864 | $5,665,312 | $82,148 | $67,888 | 15 | $76,221 | $16,848 | $56,769 |
Under IRS private-foundation payout rules, Cotten Charitable Trust reported a distributable amount of $346K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for organizations in the arts, education and childcare, public media, food assistance, and other charitable fields. For example, the Orlando Philharmonic Orchestra describes its mission as promoting symphonic music through performance, education, and cultural leadership; Winter Park Day Nursery says it serves at-risk children of lower-income working families with childcare and preschool education; and Community Communications describes its work as connecting and empowering Central Florida through independent journalism and conversation.
Grantmaking
In filing year 2024, the foundation reported 16 grants totaling $422,083. Grant amounts ranged from $10,000 to $45,787, with a median of $27,472. Listed grants were for general operating support.
The largest reported grants included $45,787 to the Orlando Philharmonic Orchestra, $36,630 each to Hood College of Frederick, Maryland, and the Florida Institute of Technology, and $27,472 each to the Salvation Army in Tampa, Pet Alliance of Greater Orlando, Winter Park Day Nursery, Winter Park Library Association, Orlando Museum of Art, the Orlando Union Rescue Mission, Second Harvest Food Bank, and Community Communications. Food for the Poor received $18,315.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Bank of America N.A. as trustee.
Cotten Charitable Trust's only listed officer is Bank Of America N A, Trustee on every filing since 2022 (compensated).
Officers on the 2024 filing
Bank Of America N A
Trustee
On filings since 2022
2 hrs/week
$14K (2022) → $88K (2024)
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $88K, to Bank of America N a (Trustee).
Frequently asked questions about Cotten Charitable Trust
How much does Cotten Charitable Trust give each year?
Cotten Charitable Trust gave $422K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $380K across 16 grants.
What is Cotten Charitable Trust's typical grant size?
Cotten Charitable Trust's median grant in 2024 was $27,472, and its average grant was $26,380, across 16 grants on its 2024 IRS Form 990-PF.
Where does Cotten Charitable Trust give grants?
Cotten Charitable Trust gives mostly in Florida: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Maryland (9%). The most frequent recipient cities were Orlando, FL (8 grants) and Winter Park, FL (3 grants).
Does Cotten Charitable Trust give general operating support?
Yes: 100% of Cotten Charitable Trust's 2024 grants with a stated purpose (16 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Cotten Charitable Trust's largest grantees?
Cotten Charitable Trust's largest 2024 grantees include Orlando Philharmonic Orchestra ($45,787), Hood College of Frederick MD ($36,630) and Florida Institute of Technolog ($36,630), according to its 2024 IRS Form 990-PF. Together they received 28% of its itemized 2024 grant dollars.
How large is Cotten Charitable Trust?
Cotten Charitable Trust reported $6.3M in total assets on its 2024 IRS Form 990-PF. It paid out $475K in qualifying distributions that year, against a required minimum of $346K (roughly 5% of its investment assets).
What does Cotten Charitable Trust fund?
No mission statement for the foundation is provided. Its 2024 grants include support for organizations in the arts, education and childcare, public media, food assistance, and other charitable fields. See mission & focus areas ↑
How do I apply for a grant from Cotten Charitable Trust?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Cotten Charitable Trust's EIN?
Cotten Charitable Trust's EIN (Employer Identification Number) is 30-6726805. IRS Form 990 filing data is available on this page for 2022–2024.
Does Cotten Charitable Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Explore Open Grants
Browse active grant opportunities in Cotten Charitable Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Central Florida Foundation
Orlando, FL
Central Florida Foundation supports nonprofit operations, social-impact initiatives, scholarships, and grassroots capacity-building across Central Florida, with focus areas including economic stability, healthcare, livability, education, and social connection. Its 2025 grants ranged from $5,000 to $331,743, with a median of $10,250; some application-based opportunities are available, while Community Investment Grants are by invitation only.
Assets
$104.2M
Grants
154
Total Given
$4.0M
The Lee Foundation
Orlando, FL
The Lee Foundation supports charitable activities across varied fields, with a major effort in Central Florida; nearly all 2025 grant dollars went to Florida recipients. Its 2025 grants ranged from $500 to $5,000, with a median of $2,000. It accepts requests by letter describing the purpose and the applicant’s 501(c)(3) status; the annual deadline is January 31.
Assets
$3.1M
Grants
55
Total Given
$108K
Magruder Chesley G Fdn Im
Orlando, FL
The foundation supports health care, human services, education, and cultural and science programs, primarily in Florida, with some funding in North Carolina. Its 2025 grants ranged from $2,000 to $100,000, with a median of $10,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$17.5M
Grants
86
Total Given
$1.1M
The Dr P Phillips Foundation
Orlando, FL
The Dr P Phillips Foundation supports nonprofit capital projects and programs in arts and culture, education, health, youth, social services, entrepreneurship, and related areas, primarily serving Orange and Osceola Counties, Florida. Its 2025 grants ranged from $781 to $250,000, with a median of $5,000. The Charities’ process starts with a Letter of Intent; if interested, they invite organizations to submit a proposal.
Assets
$46.4M
Grants
92
Total Given
$2.0M
More similar funders
More Funders in New Jersey
Cite this profile
Grantable. (2026). Cotten Charitable Trust funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/cotten-charitable-trust-morg_053637af51a441ebbd67045c842194bb
BibTeX
@misc{grantable_306726805_2026,
author = {{Grantable}},
title = {{Cotten Charitable Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/cotten-charitable-trust-morg_053637af51a441ebbd67045c842194bb},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Cotten Charitable Trust'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.
Cotten Charitable Trust down — hundreds of funders to go?