The Michael and Ronne Cosel Foundation

SMITHTOWN, NY EIN: 20-8543624

The Michael and Ronne Cosel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SMITHTOWN, NY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 10 grants totaling $90K. Net investment income was $4K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$90K

+29.2% YoY

Grant Count

10

+233.3% YoY

Avg Grant Size

$9K

-61.2% YoY

About The Michael and Ronne Cosel Foundation

Based on IRS filings

The Michael and Ronne Cosel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SMITHTOWN, NY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 10 grants totaling $90K. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

DanversHauppaugeMelvilleNew YorkPort Jefferson StationSalemSetauket

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$66K$99K$132K2020202120222023
Metric202320222021
Total Assets$116,436$199,690
Revenue$-6,262$-10,950$-3,412
Expenses$108,996$70,090$120,016
Qualifying Distributions$90,085$69,940$117,051
Net Investment Income$4,008$7,162$5,766
Distributable Amount$738$7,971$13,755

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$57K$85K$114K1 grants20201 grants20213 grants202210 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

The Gallery North$50KThe Danvers Art Assn$8KThe Gallery North$5KThe Danvers Art Assoc$5KSalem Art Association$5KThe Danver Community Cou…$5KThe Salem Pantry$5KSalem Art Association$3KThe Gallery North$3KHorace Mann PTC$2K

Grant Size Distribution

15 grants across all recorded years

12<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
Ronne CoselDirector2
Paige CovelloDirector2
Daniel CovelloDirector2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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