Cotter Family Foundation

Private foundation · Grantmaker Vero Beach, FL EIN: 26-6001927

Cotter Family Foundation is a private foundation, based in Vero Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $583K in total assets. In 2024, it awarded 3 grants totaling $65K. Net investment income was $84K.

Key facts about Cotter Family Foundation

In short: Cotter Family Foundation gave $65K across 3 grants in 2024 (avg $22K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
26-6001927
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$65,000
Grants made (2024)
3
Average grant
$21,667
Median grant
$10,000
Total assets
$582,602
Primary geography
Massachusetts (77% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$583K

+5.2% YoY

Annual Giving

$65K

+16.8% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$22K

+55.7% YoY

Under IRS private-foundation payout rules, Cotter Family Foundation reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.

How Cotter Family Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−13%). Method
  • In 2024 it paid out 96% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

Vero BeachNew CanaanClevelandConcordPrincetonDestinIndian River Shores

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants2020 1 grant2021 6 grants2022 4 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $56K (2023) to $76K (2022). In 2024 it made 3 grants totaling $65K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Middlesex School: $50KMiddlesex School$50KGifford Youth Activities Center: $10KGifford Youth ActivitiesCenter$10KJohns Island Foundation: $5KJohns Island Foundation$5K

The largest 2024 recipient was Middlesex School ($50K). Together the top 3 received $65K.

Grant Size Distribution

16 grants across all recorded years

13<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 16 (81%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Middlesex School Concord, MAOperating Support$50,000
Gifford Youth Activities Center Vero Beach, FLOperating Support$10,000
Johns Island Foundation Indian River Shores, FLOperating Support$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$582,602$553,643$601,304
Revenue$136,576$11,724$1,861
Expenses$110,366$59,385$84,856
Qualifying Distributions$66,505$56,954$79,396
Net Investment Income$83,976$9,293—
Distributable Amount$69,159$62,611$58,160

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Cotter Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • E. Robert Cotter

    Trustee

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Susan C. Cotter

    Trustee

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Cotter Family Foundation

How much does Cotter Family Foundation give each year?

Cotter Family Foundation gave $65K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $56K across 4 grants.

What is Cotter Family Foundation's typical grant size?

Cotter Family Foundation's median grant in 2024 was $10,000, and its average grant was $21,667, across 3 grants on its 2024 IRS Form 990-PF.

Where does Cotter Family Foundation give grants?

Cotter Family Foundation gives mostly in Massachusetts: 77% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (23%).

Does Cotter Family Foundation give general operating support?

Yes: 100% of Cotter Family Foundation's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Cotter Family Foundation?

Cotter Family Foundation reported $583K in total assets on its 2024 IRS Form 990-PF. It paid out $67K in qualifying distributions that year, against a required minimum of $69K (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.

What is Cotter Family Foundation's EIN?

Cotter Family Foundation's EIN (Employer Identification Number) is 26-6001927. IRS Form 990 filing data is available on this page for 2020–2024.

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

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