George M Cohen Foundation Inc

JACKSONVILLE, FL EIN: 59-2469069

The George M Cohen Foundation is a private foundation based in Jacksonville, Florida, established in 1985. As a 501(c)(3) organization, it operates as a grantmaking foundation with no employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+12.5% YoY

Annual Giving

$79K

-65.0% YoY

Grant Count

9

+28.6% YoY

Avg Grant Size

$9K

-72.8% YoY

Under IRS private-foundation payout rules, George M Cohen Foundation Inc reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a diverse range of causes including:

  • Religious organizations
  • Arts and culture
  • Education
  • Medical care and health
  • Historic preservation projects
  • Development of young women
  • Animal care

Grantmaking

Typical awards range from $500 to $550,000.

Grant Range

**

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking priorities include North Carolina, Florida, and South Carolina.

Grant Distribution by State

5states

Cities

AshevilleBanner ElkBonitaBostonBurnsvilleDavieGreenvilleJacksonvilleJacksonville BeachPonte Vedra BreachSpruce PineSt AugustineSt Petersburg

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending November 2024:

Metric Amount
Total Assets $1,037,515
Total Revenues $214,033
Total Expenses $99,079
Investment Income & Dividends $22,312
Net Gain from Sale of Non-Inventory Assets $191,721

Year-over-Year Changes (FYE 11/2024 vs. 11/2023):

  • Total revenues increased 178.5% ($214,033 vs. $76,863)
  • Investment income decreased 3.5% ($22,312 vs. $23,118)
  • Net gains from asset sales increased 256.7% ($191,721 vs. $53,745)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$160K$321K$481K$642K20202021202220232024
Metric202420232022
Total Assets$1,037,515$922,561$1,096,518
Revenue$214,033$76,863$283,602
Expenses$99,079$250,820$583,328
Qualifying Distributions$82,629$230,025$565,682
Net Investment Income$197,583$62,207$266,131
Distributable Amount$64,577$60,947$76,015

Giving Over Time

Total grant dollars and number of grants per year

$0$140K$280K$420K$560K17 grants202017 grants20217 grants20227 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

MAYLAND COMMUNITY COLLEG…$20KSPRUCE PINE FIRE DEPARTM…$14KFSCJ ARTIST SERIES$10KFSCJ FOUNDATION$10KFOURTH CHURCH OF CHRIST …$5KFIRST CHURCH OF CHRIST S…$5KFIRST CHURCH OF CHRIST S…$5KFIRST CHURCH OF CHRIST S…$5KPEACE THEATRE$5K

Grant Size Distribution

57 grants across all recorded years

54<$50K1$50–100K1$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mayland Community College Foundation ($20,000), Spruce Pine Fire Department Foundation ($14,000), Fscj Artist Series ($10,000).

RecipientPurposeAmount
FOURTH CHURCH OF CHRIST SCIENTIST JACKSONVILLE, FLRELIGIOUS$5,000
FIRST CHURCH OF CHRIST SCIENTIST ASHEVILLE, NCRELIGIOUS$5,000
FIRST CHURCH OF CHRIST SCIENTIST JACKSONVILLE BEACH, FLRELIGIOUS$5,000
FSCJ ARTIST SERIES JACKSONVILLE, FLSUPPORT THE ARTS$10,000
FSCJ FOUNDATION JACKSONVILLE, FLSUPPORT EDUCATION$10,000
MAYLAND COMMUNITY COLLEGE FOUNDATION SPRUCE PINE, NCEDUCATION$20,000
FIRST CHURCH OF CHRIST SCIENTIST BOSTON, MARELIGIOUS$5,000
SPRUCE PINE FIRE DEPARTMENT FOUNDATION SPRUCE PINE, NCCOMMUNITY PHILANTHROPY$14,000
PEACE THEATRE GREENVILLE, SCSUPPORT THE ARTS$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CAROLYN MUNRO WILSONPRES/TREAS
DAVID J HULLSEC/DIRECTOR
GLORIA S CHRISTENSENDIRECTOR
RONALD A MCVAYDIRECTOR

Frequently Asked Questions

What does George M Cohen Foundation Inc fund?

The foundation supports a diverse range of causes including: • Religious organizations • Arts and culture • Education • Medical care and health • Historic preservation projects • Development of young women • Animal care

How do I apply for a grant from George M Cohen Foundation Inc?

**Grant Activity:** • Made 17 grants in the most recent fiscal year • Total giving: $79,000 • Recent grants include: • Mayland Community College Foundation: $20,000 (Education) • First Church of Christ Scientist: $5,000 (Religious) **Grant Range:** Typical awards range from $500 to $550,000.

Where does George M Cohen Foundation Inc make grants?

The foundation's grantmaking priorities include North Carolina, Florida, and South Carolina.

What size grants does George M Cohen Foundation Inc award?

In 2024, George M Cohen Foundation Inc awarded 9 grants totaling $79K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is George M Cohen Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, George M Cohen Foundation Inc reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is George M Cohen Foundation Inc's EIN?

George M Cohen Foundation Inc's EIN (Employer Identification Number) is 59-2469069. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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