The Cornell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $359K in total assets. In 2024, it awarded 7 grants totaling $444K. Net investment income was $627K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$359K
+92.4% YoY
Annual Giving
$444K
+95.6% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$63K
+151.5% YoY
Under IRS private-foundation payout rules, The Cornell Family Foundation reported a distributable amount of $114K for 2024 — the minimum it must pay out in qualifying distributions.
About The Cornell Family Foundation
Based on IRS filings
The Cornell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $359K in total assets. In 2024, it awarded 7 grants totaling $444K. Net investment income was $627K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $358,755 | $186,442 | $182,699 |
| Revenue | $654,796 | $263,398 | $53,654 |
| Expenses | $482,483 | $259,655 | $320,555 |
| Qualifying Distributions | $447,549 | $230,534 | $299,386 |
| Net Investment Income | $626,612 | $234,277 | $32,484 |
| Distributable Amount | $114,211 | $110,373 | $127,681 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Riverdale Country School Inc ($275,000), St Bernards School Inc ($51,000), Harvard Univ - Pres and Fellows of Harvard College ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Hidden Water Inc NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $10,000 |
| The Spence School NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $25,000 |
| Harvard Univ - Pres and Fellows of Harvard College Cambridge, MA | GENERAL CHARITABLE PURPOSE | $50,000 |
| St Bernards School Inc new york, NY | GENERAL CHARITABLE PURPOSE | $51,000 |
| Riverdale Country School Inc Bronx, NY | GENERAL CHARITABLE PURPOSE | $275,000 |
| Every Mother Counts New York, NY | GENERAL PURPOSE | $23,000 |
| The Felix Organisation Locust valley, NY | GENERAL PURPOSE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HENRY CORNELL | TRUSTEE | 1 | — |
| Vanessa Cornell | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Cornell Family Foundation?
The Cornell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $359K in total assets as of 2024.
How large is The Cornell Family Foundation?
As of 2024, The Cornell Family Foundation holds $359K in total assets with $655K in annual revenue. It awarded 7 grants totaling $444K in 2024.
Where does The Cornell Family Foundation operate?
The Cornell Family Foundation has awarded grants in Massachusetts, New Hampshire, New Jersey, New York.
What size grants does The Cornell Family Foundation award?
In 2024, The Cornell Family Foundation awarded 7 grants totaling $444K — an average of about $63K per grant, based on its IRS Form 990 filings.
How much is The Cornell Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cornell Family Foundation reported a distributable amount of $114K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cornell Family Foundation's EIN?
The Cornell Family Foundation's EIN (Employer Identification Number) is 13-3921374. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Cornell Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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