Edward T Cone Foundation
The Edward T Cone Foundation is a private foundation based in New York, NY. Its 2024 grants included support for performing arts organizations, a seminar organization, public radio, and a land trust.
Edward T Cone Foundation at a glance
In short: Edward T Cone Foundation gave $968K across 29 grants in 2024 (avg $33K), mostly in New Jersey. 10% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $968,000
- -1.7% vs 2023
- Grants made (2024)
- 29
- -3.3% vs 2023
- Average grant
- $33,379
- +1.7% vs 2023
- Median grant
- $5,000
- Total assets
- $11,571,396
- -5.7% vs 2023
- New grantees (estimate)
- 10% first-time grantees (3 of 29, 2024)
- Primary geography
- New Jersey (58% 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 Edward T Cone Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Mclaughlin Stern260 Madison Ave Ste, New York, NY 10016-2401
Phone: (212) 448-1100
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Edward T Cone Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Princeton Symphony Orchestra ($250K). Together the top 10 received $900K.
Grant Size Distribution
87 grants across all recorded years
The most common grant size was under $50K: 74 grants of 87 (85%).
Geographic Focus
Where this funder awards grants
In 2024, 58% of grant dollars went to recipients in New Jersey, 21% to recipients in Washington, DC, 20% to recipients in New York, and 1% to recipients in Hawaii. Massachusetts accounted for 0%.
Grant Distribution by State
Share of 2024 grant dollars across all 29 itemized grants.
Cities
Is Edward T Cone Foundation open to new grantees?
10%
first-time grantees, 2024
In 2024, 3 of 29 grantees (10%) were first-time recipients. First grants averaged $68K; repeat grants $29K. How we count
Medians: $3K first-time, $5K repeat.
- 86% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 119% 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 $968K (2024) to $991K (2022). In 2024 it made 29 grants totaling $968K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Princeton Symphony Orchestra Princeton, NJ | Operating Expenses | $250,000 |
| Salzburg Global Seminar Washington, DC | Operating Expenses | $200,000 |
| New Jersey Symphony Newark, NJ | Operating Expenses | $200,000 |
| The New Group New York, NY | Operating Expenses | $120,000 |
| Shakespeare Theatre of New Jersey Florham Park, NJ | Operating Expenses | $60,000 |
| Bogliasco Foundation New York, NY | Operating Expenses | $20,000 |
| The Wooster Group New York, NY | Operating Expenses | $20,000 |
| Ebb & Flow Arts Kula, HI | Operating Expenses | $10,000 |
| McCarter Theatre Princeton, NJ | Operating Expenses | $10,000 |
| Young Audiences New Jersey Princeton, NJ | Operating Expenses | $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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $11,571,396 | $385,239 | $1,407,938 | $968,000 | 29 | $1,073,914 | $393,932 | $900,021 |
| 2023 | $12,275,407 | $284,154 | $1,172,835 | $985,000 | 30 | $1,078,917 | $528,470 | $773,401 |
| 2022 | $11,870,569 | $211,930 | $1,245,180 | $991,000 | 28 | $1,118,090 | $313,484 | $701,634 |
Under IRS private-foundation payout rules, Edward T Cone Foundation reported a distributable amount of $900K 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 show support for organizations working in music, theater, and other areas. Princeton Symphony Orchestra describes its mission as using live music to uplift the human experience; The New Group says it develops and produces contemporary theater; and The Wooster Group describes its work as developing new and experimental forms of drama and bringing performing and visual arts together. Salzburg Global Seminar describes its work as creating spaces for leaders to address pressing issues.
Grantmaking
In 2024, the foundation made 29 grants totaling $968,000. Grant amounts ranged from $1,000 to $250,000, with a median of $5,000. The largest grants included $250,000 to Princeton Symphony Orchestra for operating expenses, $200,000 to Salzburg Global Seminar for operating expenses, $200,000 to New Jersey Symphony for operating expenses, and $120,000 to The New Group for operating expenses. Shakespeare Theatre of New Jersey received $60,000 for operating expenses.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists T Randolph Harris and Barbara A Sloan as trustees.
Edward T Cone Foundation's 2024 filing lists 2 officers; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
Barbara A. Sloan
Trustee
On filings since 2022
1 hr/week
$110K (2024)
T. Randolph Harris
Trustee
On filings since 2022
1 hr/week
$110K (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 $110K, to Barbara a Sloan (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Edward T Cone Foundation
How much does Edward T Cone Foundation give each year?
Edward T Cone Foundation gave $968K across 29 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $985K across 30 grants.
What is Edward T Cone Foundation's typical grant size?
Edward T Cone Foundation's median grant in 2024 was $5,000, and its average grant was $33,379, across 29 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Edward T Cone Foundation that year got $68K on average.
Where does Edward T Cone Foundation give grants?
Edward T Cone Foundation gives mostly in New Jersey: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (21%) and New York (20%). The most frequent recipient cities were New York, NY (11 grants), Princeton, NJ (8 grants), Washington, DC (2 grants) and Trenton, NJ (2 grants).
Does Edward T Cone Foundation give general operating support?
Yes: 100% of Edward T Cone Foundation's 2024 grants with a stated purpose (29 of 29) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Edward T Cone Foundation's largest grantees?
Edward T Cone Foundation's largest 2024 grantees include Princeton Symphony Orchestra ($250,000), Salzburg Global Seminar ($200,000) and New Jersey Symphony ($200,000), according to its 2024 IRS Form 990-PF. Together they received 67% of its itemized 2024 grant dollars.
How large is Edward T Cone Foundation?
Edward T Cone Foundation reported $11.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $900K (roughly 5% of its investment assets).
What does Edward T Cone Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for organizations working in music, theater, and other areas. See mission & focus areas ↑
How do I apply for a grant from Edward T Cone Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Edward T Cone Foundation's EIN?
Edward T Cone Foundation's EIN (Employer Identification Number) is 13-3646357. IRS Form 990 filing data is available on this page for 2022–2024.
Does Edward T Cone Foundation 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
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Cite this profile
Grantable. (2026). Edward T Cone Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/edward-t-cone-foundation-morg_154e20a2823942c781ac058ba7c99cee
BibTeX
@misc{grantable_133646357_2026,
author = {{Grantable}},
title = {{Edward T Cone Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/edward-t-cone-foundation-morg_154e20a2823942c781ac058ba7c99cee},
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 Edward T Cone Foundation'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.
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