The Cornell Family Foundation

Foundation · Grantmaker New York, NY EIN: 13-3921374

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.

Key facts about The Cornell Family Foundation

EIN: 13-3921374
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $444,000
Grants made (2024): 7
Average grant: $63,429
Median grant: $25,000
Total assets: $358,755
Primary geography: New York (89% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Cornell Family Foundation funds

By grant dollars, the top recipient states for The Cornell Family Foundation's 7 itemized 2024 grants were New York (89%) and Massachusetts (11%). The most frequent recipient cities were New York, NY (4 grants). 100% of grants with a stated purpose were for general or operating support.

How The Cornell Family Foundation gives

Giving held roughly steady from 2021 to 2024 (−6%). Method
In 2024 it paid out 392% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Cornell Family Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$359K

+92.4% YoY

Annual Giving

$444K

+95.6% YoY

Grant Count

-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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $394K (89%)

Massachusetts $50K (11%)

Share of all 7 itemized 2024 grant dollars.

States

Massachusetts New Hampshire New Jersey New York

Cities

New YorkBronxCambridgeConcordLocust ValleyNew Egypt

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

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 recipients 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
Riverdale Country School Inc Bronx, NY	GENERAL CHARITABLE PURPOSE	$275,000
St Bernards School Inc new york, NY	GENERAL CHARITABLE PURPOSE	$51,000
Harvard Univ - Pres and Fellows of Harvard College Cambridge, MA	GENERAL CHARITABLE PURPOSE	$50,000
The Spence School New York, NY	GENERAL CHARITABLE PURPOSE	$25,000
Every Mother Counts New York, NY	GENERAL PURPOSE	$23,000
Hidden Water Inc New York, NY	GENERAL CHARITABLE PURPOSE	$10,000
The Felix Organisation Locust valley, NY	GENERAL PURPOSE	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Henry Cornell	Trustee	1	—
Vanessa Cornell	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

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.