The Richard & Diane Cohen Family Foundation
The Richard & Diane Cohen Family Foundation is a private foundation, based in Minneapolis, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $204K in total assets. In 2024, it awarded 6 grants totaling $25K. Net investment income was $7K.
The Richard & Diane Cohen Family Foundation at a glance
In short: The Richard & Diane Cohen Family Foundation gave $25K across 6 grants in 2024 (avg $4K), top state Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $24,640
- -51.5% vs 2023
- Grants made (2024)
- 6
- +50.0% vs 2023
- Average grant
- $4,107
- -67.7% vs 2023
- Median grant
- $4,140
- Total assets
- $204,128
- -9.5% vs 2023
- Primary geography
- Minnesota (46% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Richard & Diane Cohen Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Beth El Synagogue ($10K). Together the top 6 received $25K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 32 grants of 32 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How The Richard & Diane Cohen Family Foundation gives
- Giving fell 62% from 2021 to 2024. Method
- In 2024 it paid out 127% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $25K (2024) to $65K (2021). In 2024 it made 6 grants totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Beth El Synagogue St Louis Park, MN | Operations | $10,000 |
| Palm Springs Cultural Center Palm Springs, CA | Operations | $5,000 |
| Ku Endowment (Univ of KS) Lawrence, KS | Operations | $4,500 |
| Memorial Sloan Kettering Cancer Center Cycle for Survival New York, NY | Operations | $3,780 |
| Chabad U of M Minneapolis, MN | Operations | $1,000 |
| Rise Early St Louis Park, MN | Operations | $360 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $204,128 | $14,208 | $35,467 | $24,640 | 6 | $28,152 | $6,893 | $22,190 |
| 2023 | $225,503 | $5,930 | $61,980 | $50,800 | 4 | $54,600 | $6,070 | $21,642 |
| 2022 | $281,623 | $21,457 | $40,545 | $36,600 | 4 | $36,600 | $17,514 | $22,805 |
| 2021 | $300,814 | $55,087 | $74,068 | $64,600 | 8 | $67,563 | $49,707 | $25,996 |
| 2020 | $319,601 | $47,847 | $70,777 | $61,600 | 10 | — | $42,673 | $25,184 |
Under IRS private-foundation payout rules, The Richard & Diane Cohen Family Foundation reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Richard & Diane Cohen Family Foundation is led by Diane Cohen, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Diane Cohen
President
On filings since 2020
No compensation reported
Neil Sell
Secretary
On filings since 2020
No compensation reported
Richard Cohen
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Richard & Diane Cohen Family Foundation
How much does The Richard & Diane Cohen Family Foundation give each year?
The Richard & Diane Cohen Family Foundation gave $25K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $51K across 4 grants.
What is The Richard & Diane Cohen Family Foundation's typical grant size?
The Richard & Diane Cohen Family Foundation's median grant in 2024 was $4,140, and its average grant was $4,107, across 6 grants on its 2024 IRS Form 990-PF.
Where does The Richard & Diane Cohen Family Foundation give grants?
The Richard & Diane Cohen Family Foundation's top state is Minnesota, with 46% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (20%) and Kansas (18%). The most frequent recipient cities were St Louis Park, MN (2 grants).
Does The Richard & Diane Cohen Family Foundation give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on The Richard & Diane Cohen Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations" (6 grants).
Who are The Richard & Diane Cohen Family Foundation's largest grantees?
The Richard & Diane Cohen Family Foundation's largest 2024 grantees include Beth El Synagogue ($10,000), Palm Springs Cultural Center ($5,000) and Ku Endowment (Univ of KS) ($4,500), according to its 2024 IRS Form 990-PF. Together they received 79% of its itemized 2024 grant dollars.
How large is The Richard & Diane Cohen Family Foundation?
The Richard & Diane Cohen Family Foundation reported $204K in total assets on its 2024 IRS Form 990-PF. It paid out $28K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets).
What is The Richard & Diane Cohen Family Foundation's EIN?
The Richard & Diane Cohen Family Foundation's EIN (Employer Identification Number) is 41-1793403. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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