Tw Charles Cornell 001572

NEWTOWN, PA EIN: 23-6654503

Tw Charles Cornell 001572 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTOWN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $685K in total assets. In 2024, it awarded 1 grants totaling $56K. Net investment income was $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$685K

-4.4% YoY

Annual Giving

$56K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$56K

+0.0% YoY

Under IRS private-foundation payout rules, Tw Charles Cornell 001572 reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.

About Tw Charles Cornell 001572

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $264K (100%)

States

Pennsylvania

Cities

Newtown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$684,775	$716,191	$760,896
Revenue	$33,529	$19,632	$32,261
Expenses	$64,860	$64,333	$63,632
Qualifying Distributions	$56,004	$56,004	$54,001
Net Investment Income	$24,808	$22,303	$22,630
Distributable Amount	$50,022	$48,345	$51,841

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pickering Manor Home ($56,004).

Recipient	Purpose	Amount
PICKERING MANOR HOME NEWTOWN, PA	CONTRIBUTIONS	$56,004

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Tw Charles Cornell 001572?

Tw Charles Cornell 001572 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTOWN, PA. It holds $685K in total assets as of 2024.

How large is Tw Charles Cornell 001572?

As of 2024, Tw Charles Cornell 001572 holds $685K in total assets with $34K in annual revenue. It awarded 1 grants totaling $56K in 2024.

Where does Tw Charles Cornell 001572 operate?

Tw Charles Cornell 001572 has awarded grants in Pennsylvania.

What size grants does Tw Charles Cornell 001572 award?

In 2024, Tw Charles Cornell 001572 awarded 1 grants totaling $56K — an average of about $56K per grant, based on its IRS Form 990 filings.

How much is Tw Charles Cornell 001572 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tw Charles Cornell 001572 reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.