Cottonwood Foundation Inc
Cottonwood Foundation Inc is a private foundation, based in New Haven, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $604K in total assets. Net investment income was $27K.
Cottonwood Foundation Inc at a glance
- Total assets
- $604,196
- -7.1% vs 2023
- Revenue (2024)
- $33,102
- +137.3% vs 2023
- Net investment income (2024)
- $27,093
- +88.5% vs 2023
- Expenses (2024)
- $56,469
- -39.7% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Cottonwood Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 25 grants of 25 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Cottonwood Foundation Inc gives
- Giving held roughly steady from 2020 to 2023 (−11%). Method
- In 2023 it paid out 234% of its IRS minimum distribution (the 5% rule). 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 2020 to 2023, annual grant giving ranged from $34K (2021) to $43K (2020). In 2023 it made 4 grants totaling $38K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Covenant House New York New York, NY | Furtherance of Tax Exempt Activities | $10,100 |
| Sixth Street Community Center New York, NY | Furtherance of Tax Exempt Activities | $10,100 |
| The Lower Eaastside Girls Club New York, NY | Furtherance of Tax Exempt Activities | $10,100 |
| Wide Rainbow New York, NY | Furtherance of Exempt Activities | $8,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $604,196 | $33,102 | $56,469 | — | — | — | $27,093 | $36,281 |
| 2023 | $650,378 | $13,950 | $93,670 | $38,300 | 4 | $88,964 | $14,372 | $38,054 |
| 2022 | $761,485 | $-8,610 | $53,115 | $38,300 | 4 | $47,619 | $24,750 | $40,700 |
| 2021 | $823,210 | $154,029 | $42,396 | $34,000 | 8 | $36,232 | $147,865 | $44,256 |
| 2020 | $711,577 | $57,352 | $52,352 | $43,135 | 9 | — | $52,077 | $39,859 |
Under IRS private-foundation payout rules, Cottonwood Foundation Inc reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Cottonwood Foundation Inc is led by Ellen K. Jacobs, Co President on every filing since 2020; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ellen K. Jacobs
Co President
On filings since 2020
No compensation reported
Mimi Satter
Co President
On filings since 2020
No compensation reported
Alisa Algava
Trustee
On filings since 2020
No compensation reported
Eli Berk
Trustee
On filings since 2020
No compensation reported
Kari Njiiri
Trustee
On filings since 2020
No compensation reported
Louis Berk
Trustee
On filings since 2020
No compensation reported
Ruth S. Njiiri
Trustee
On filings since 2020
No compensation reported
Kathleen Lauria
Secretary
On filings since 2020
$500 (2020) → $0 (2024)
Pieter H. Smit
Treasurer
On filings since 2020
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.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $500, to Kathleen Lauria (Secretary).
Frequently asked questions about Cottonwood Foundation Inc
How large is Cottonwood Foundation Inc?
Cottonwood Foundation Inc reported $604K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $33K.
Where does Cottonwood Foundation Inc operate?
Cottonwood Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Florida, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania.
How much is Cottonwood Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cottonwood Foundation Inc reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cottonwood Foundation Inc's EIN?
Cottonwood Foundation Inc's EIN (Employer Identification Number) is 06-6067121. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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