The Cotter Foundation Inc

LAS VEGAS, NV EIN: 56-6577903

The Cotter Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $966K in total assets. In 2024, it awarded 21 grants totaling $156K. Net investment income was $34K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$966K

-9.5% YoY

Annual Giving

$156K

+11.0% YoY

Grant Count

21

+16.7% YoY

Avg Grant Size

$7K

-4.8% YoY

Under IRS private-foundation payout rules, The Cotter Foundation Inc reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.

About The Cotter Foundation Inc

Based on IRS filings

The Cotter Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $966K in total assets. In 2024, it awarded 21 grants totaling $156K. Net investment income was $34K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

AltonBangorBoothbay HarborBoothbay HbrBostonBrasstownCharlotteConcordDavidsonEast BoothbayFairfieldGarden CityLewistonMcphersonMooresvilleNew YorkOwls HeadPalm CoastResearch Triangle PaResearch Triangle Park

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$279K$559K$838K$1M20202021202220232024
Metric202420232022
Total Assets$966,050$1,066,958$1,190,017
Revenue$48,185$33,197$63,982
Expenses$169,743$155,435$97,316
Qualifying Distributions$156,000$140,500$91,500
Net Investment Income$34,442$20,406$38,607
Distributable Amount$58,495$58,213$59,947

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$78K$117K$156K20 grants202020 grants202118 grants202218 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Life Flight of Maine$25KMcPherson College$20KUniversity Radio Foundat…$20KSt Jude Children's Resea…$20KVintage Racers for Rescu…$10KBoothbay Regional Health…$5KBigelow Laboratory for O…$5KLa Escuelita Bilingual P…$5KWake Forest University$5KKids in Needs of Desks$5K

Grant Size Distribution

97 grants across all recorded years

97<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Life Flight of Maine ($25,000), McPherson College ($20,000), University Radio Foundation Inc ($20,000).

RecipientPurposeAmount
McPherson College McPherson, KSGeneral support$20,000
Vintage Racers for Rescues Inc Alton, VAGeneral support$10,000
University Radio Foundation Inc Charlotte, NCSupport WFAE public radio$20,000
Boothbay Regional Health Care Inc Boothbay Harbor, MEGeneral support$5,000
St Jude Children's Research Charlotte, NCGeneral support$20,000
Bigelow Laboratory for Ocean Scienc East Boothbay, MEGeneral support$5,000
La Escuelita Bilingual Preschool Davidson, NCGeneral support$5,000
Wake Forest University Winston Salem, NCGeneral support$5,000
Davidson Housing Coalition Davidson, NCGeneral support$3,000
Ada Jenkins Families Careers Davidson, NCGeneral support$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Thomas CotterPresident
Patricia CotterSecretary

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Cotter Foundation Inc?

The Cotter Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. It holds $966K in total assets as of 2024.

How large is The Cotter Foundation Inc?

As of 2024, The Cotter Foundation Inc holds $966K in total assets with $48K in annual revenue. It awarded 21 grants totaling $156K in 2024.

Where does The Cotter Foundation Inc operate?

The Cotter Foundation Inc has awarded grants in Connecticut, District of Columbia, Florida, Kansas, Massachusetts, Maine, North Carolina, New York, Virginia.

What size grants does The Cotter Foundation Inc award?

In 2024, The Cotter Foundation Inc awarded 21 grants totaling $156K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is The Cotter Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cotter Foundation Inc reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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