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

+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

Florida $1.1M (81%)

North Carolina $221K (16%)

Massachusetts $26K (2%)

South Carolina $11K (1%)

California $2K (0%)

States

California Florida Massachusetts North Carolina South Carolina

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

Metric	2024	2023	2022
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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

57 grants across all recorded years

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).

Recipient	Purpose	Amount
FOURTH CHURCH OF CHRIST SCIENTIST JACKSONVILLE, FL	RELIGIOUS	$5,000
FIRST CHURCH OF CHRIST SCIENTIST ASHEVILLE, NC	RELIGIOUS	$5,000
FIRST CHURCH OF CHRIST SCIENTIST JACKSONVILLE BEACH, FL	RELIGIOUS	$5,000
FSCJ ARTIST SERIES JACKSONVILLE, FL	SUPPORT THE ARTS	$10,000
FSCJ FOUNDATION JACKSONVILLE, FL	SUPPORT EDUCATION	$10,000
MAYLAND COMMUNITY COLLEGE FOUNDATION SPRUCE PINE, NC	EDUCATION	$20,000
FIRST CHURCH OF CHRIST SCIENTIST BOSTON, MA	RELIGIOUS	$5,000
SPRUCE PINE FIRE DEPARTMENT FOUNDATION SPRUCE PINE, NC	COMMUNITY PHILANTHROPY	$14,000
PEACE THEATRE GREENVILLE, SC	SUPPORT THE ARTS	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CAROLYN MUNRO WILSON	PRES/TREAS	—	—
DAVID J HULL	SEC/DIRECTOR	—	—
GLORIA S CHRISTENSEN	DIRECTOR	—	—
RONALD A MCVAY	DIRECTOR	—	—

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.