Cozart Foundation Inc

RALEIGH, NC EIN: 56-6044443

Cozart Foundation Inc is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $570K in total assets. In 2024, it awarded 15 grants totaling $85K. Net investment income was $40K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$570K

-7.7% YoY

Annual Giving

$85K

+16.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

+16.4% YoY

Under IRS private-foundation payout rules, Cozart Foundation Inc reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.

About Cozart Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $351K (93%)

South Carolina $26K (7%)

States

North Carolina South Carolina

Cities

CamdenRaleigh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$570,297	$617,971	$600,983
Revenue	$40,334	$93,568	$142,305
Expenses	$88,008	$76,580	$75,302
Qualifying Distributions	$85,000	$73,000	$73,000
Net Investment Income	$40,334	$93,568	$142,305
Distributable Amount	$82,902	$71,845	$67,887

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

75 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Alliance Medical Ministry ($6,000), Ymca of the Triangle ($6,000), Edenton Street United Methodist Church ($6,000).

Recipient	Purpose	Amount
ALLIANCE MEDICAL MINISTRY RALEIGH, NC	CHARITABLE	$6,000
YMCA OF THE TRIANGLE RALEIGH, NC	CHARITABLE	$6,000
EDENTON STREET UNITED METHODIST CHURCH RALEIGH, NC	CHARITABLE	$6,000
FOOD BANK OF CENTRALEASTERN NC RALEIGH, NC	CHARITABLE	$6,000
HELPING HAND MISSION RALEIGH, NC	CHARITABLE	$6,000
HAVEN HOUSE RALEIGH, NC	CHARITABLE	$6,000
STEP UP MINISTRY RALEIGH, NC	CHARITABLE	$6,000
TAMMY LYNN CENTER RALEIGH, NC	CHARITABLE	$6,000
TRIANGLE FAMILY SERVICES RALEIGH, NC	CHARITABLE	$6,000
URBAN MINISTRIES OF WAKE COUNTY RALEIGH, NC	CHARITABLE	$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID L COZART III	DIRECTOR	0.5	—
WILLIAM C COZART	DIRECTOR	0.5	—
ELIZABETH L COZART	DIRECTOR	0.5	—

Frequently Asked Questions

How large is Cozart Foundation Inc?

As of 2024, Cozart Foundation Inc holds $570K in total assets with $40K in annual revenue. It awarded 15 grants totaling $85K in 2024.

Where does Cozart Foundation Inc operate?

Cozart Foundation Inc has awarded grants in North Carolina, South Carolina.

What size grants does Cozart Foundation Inc award?

In 2024, Cozart Foundation Inc awarded 15 grants totaling $85K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Cozart Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cozart Foundation Inc reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.