The Cotter Foundation Inc

Private foundation · Grantmaker Davidson, NC EIN: 56-6577903

The Cotter Foundation Inc is a private foundation based in Davidson, North Carolina. Its 2025 filing reports grants to charitable organizations, including nonprofits, educational institutions, and a public radio organization.

The Cotter Foundation Inc at a glance

In short: The Cotter Foundation Inc gave $213K across 25 grants in 2025 (avg $9K), top state North Carolina. 12% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$213,250
+36.7% vs 2024
Grants made (2025)
25
+19.0% vs 2024
Average grant
$8,530
+14.8% vs 2024
Median grant
$5,000
Total assets
$841,013
-12.9% vs 2024
New grantees (estimate)
12% first-time grantees (3 of 25, 2025)
Primary geography
North Carolina (38% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Cotter Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests. Its filing says requests should include detailed request data and a copy of the organization’s IRS exemption certificate. Applicants must be 501(c)(3) organizations.

Review Cycle
None stated.
Deadline
None stated.
Contact

Application contact: Patricia Cotter
Mailing address: 12831 Westmoreland Farm Rd, Davidson, NC 28036
Phone: (704) 604-1086

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Cotter Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Vintage Racers for Rescues Inc: $30KVintage Racers for Rescues Inc$30KLife Flight of Maine: $25KLife Flight of Maine$25KMcPherson College: $20KMcPherson College$20KUniversity Radio Foundation Inc: $20KUniversity Radio FoundationInc$20KSt Jude Children's Research: $20KSt Jude Children's Research$20KAda Jenkins Families Careers: $10KAda Jenkins Families Careers$10KAutism Society of NC: $10KAutism Society of NC$10KKids in Needs of Desks: $8KKids in Needs of Desks$8KNo Kid Hungry: $8KNo Kid Hungry$8KSave the Children: $8KSave the Children$8K

The largest 2025 recipient was Vintage Racers for Rescues Inc ($30K). Together the top 10 received $159K.

Grant Size Distribution

102 grants across all recorded years

102<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 102 grants of 102 (100%).

Geographic Focus

Where this funder awards grants

The foundation’s 2025 grant dollars went to recipients in North Carolina (38%), Maine (23%), Virginia (14%), Kansas (12%), and New York (6%).

Grant Distribution by State

10states

Share of 2025 grant dollars across all 25 itemized grants.

Cities

DavidsonCharlotteBoothbay HarborEast BoothbayAltonLewistonMcPhersonOwls HeadWinston-SalemConcordSeal CoveBoothbay HBRNew YorkResearch Triangle PaBangorBrasstownFairfieldGarden CityWashingtonBelmont

Is The Cotter Foundation Inc open to new grantees?

12%

first-time grantees, 2025

In 2025, 3 of 25 grantees (12%) were first-time recipients. First grants averaged $417; repeat grants $10K. How we count

Medians: $500 first-time, $5K repeat.

  • 84% of 2025 grantees were also funded in 2024. Method
  • Giving grew 133% from 2022 to 2025. Method
  • In 2025 it paid out 403% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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

$0$100K$200K$300K20 grants2020 20 grants2021 18 grants2022 18 grants2023 21 grants2024 25 grants2025

From 2020 to 2025, annual grant giving ranged from $81K (2020) to $213K (2025). In 2025 it made 25 grants totaling $213K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Vintage Racers for Rescues Inc Alton, VAGeneral support$30,000
Life Flight of Maine Bangor, MEGeneral support$25,000
McPherson College McPherson, KSGeneral support$20,000
University Radio Foundation Inc Charlotte, NCSupport WFAE public radio$20,000
St Jude Children's Research Charlotte, NCGeneral support$20,000
Ada Jenkins Families Careers Davidson, NCGeneral support$10,000
Autism Society of NC Charlotte, NCGeneral support$10,000
Kids in Needs of Desks New York, NYGeneral support$8,000
No Kid Hungry Washington, DCGeneral Support$8,000
Save the Children Fairfield, CTGeneral support$8,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$841,013$100,227$225,264$213,25025$213,250$88,213$52,973
2024$966,050$48,185$169,743$156,00021$156,000$34,442$58,495
2023$1,066,958$33,197$155,435$140,50018$140,500$20,406$58,213
2022$1,190,017$63,982$97,316$91,50018$91,500$38,607$59,947
2021$1,092,792$1,015,784$134,967$121,50020$122,550$146,596$61,448
2020$463,480$54,469$87,589$80,59520—$28,351$28,651

Under IRS private-foundation payout rules, The Cotter Foundation Inc reported a distributable amount of $53K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation’s own mission is not stated in the available information. Its 2025 grants show support for organizations working in areas including education, journalism and public radio, health care, and community services.

Among the grantees, University Radio Foundation Inc describes its mission as providing journalism that informs, enriches, and inspires. McPherson College says it aims to develop whole persons through scholarship, participation, and service. La Escuelita Bilingual Pre-School describes its work as fostering learning in a bilingual, play-based environment. The Opera House at Boothbay Harbor says it provides a community arts center and preserves the historic opera house.

Grantmaking

In 2025, the foundation reported 25 grants totaling $213,250. Grant amounts ranged from $250 to $30,000, with a median of $5,000.

The largest 2025 grants included $30,000 to Vintage Racers for Rescues Inc for general support; $25,000 to Life Flight of Maine for general support; and $20,000 each to McPherson College for general support, University Radio Foundation Inc to support WFAE public radio, and St Jude Children’s Research for general support. Other reported grants included $10,000 each to Ada Jenkins Families Careers and Autism Society of NC, both for general support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Thomas Cotter as president and Patricia Cotter as secretary.

The Cotter Foundation Inc is led by Thomas Cotter, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Thomas Cotter

    President

    On filings since 2020

    No compensation reported

  • Patricia Cotter

    Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Cotter Foundation Inc

How much does The Cotter Foundation Inc give each year?

The Cotter Foundation Inc gave $213K across 25 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $156K across 21 grants.

What is The Cotter Foundation Inc's typical grant size?

The Cotter Foundation Inc's median grant in 2025 was $5,000, and its average grant was $8,530, across 25 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Cotter Foundation Inc that year got $417 on average.

Where does The Cotter Foundation Inc give grants?

The Cotter Foundation Inc's top state is North Carolina, with 38% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Maine (23%) and Virginia (14%). The most frequent recipient cities were Charlotte, NC (3 grants), Davidson, NC (3 grants), New York, NY (2 grants) and Boothbay Harbor, ME (2 grants).

Does The Cotter Foundation Inc give general operating support?

Yes: 92% of The Cotter Foundation Inc's 2025 grants with a stated purpose (23 of 25) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Cotter Foundation Inc's largest grantees?

The Cotter Foundation Inc's largest 2025 grantees include Vintage Racers for Rescues Inc ($30,000), Life Flight of Maine ($25,000) and McPherson College ($20,000), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.

How large is The Cotter Foundation Inc?

The Cotter Foundation Inc reported $841K in total assets on its 2025 IRS Form 990-PF. It paid out $213K in qualifying distributions that year, against a required minimum of $53K (roughly 5% of its investment assets).

What does The Cotter Foundation Inc fund?

The foundation’s own mission is not stated in the available information. Its 2025 grants show support for organizations working in areas including education, journalism and public radio, health care, and community services. See mission & focus areas ↑

How do I apply for a grant from The Cotter Foundation Inc?

The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Cotter Foundation Inc's EIN?

The Cotter Foundation Inc's EIN (Employer Identification Number) is 56-6577903. IRS Form 990 filing data is available on this page for 2020–2025.

Does The Cotter Foundation Inc 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

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in The Cotter Foundation Inc's focus areas in our free grants database

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Cite this profile

Grantable. (2026). The Cotter Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-cotter-foundation-inc-morg_e55865814ac14cc29b3f02156ec379b1

BibTeX
@misc{grantable_566577903_2026,
  author       = {{Grantable}},
  title        = {{The Cotter Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-cotter-foundation-inc-morg_e55865814ac14cc29b3f02156ec379b1},
  note         = {Accessed 2026-10-14. 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 The Cotter Foundation Inc'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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