TW Charles Cornell

Foundation · Grantmaker Newtown, PA EIN: 23-6654503

TW Charles Cornell is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Newtown, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $638K in total assets. In 2025, it awarded 1 grant totaling $56K. Net investment income was $24K.

Key facts about TW Charles Cornell

In short: TW Charles Cornell gave $56K across 1 grant in 2025 (avg $56K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

EIN
23-6654503
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$56,004
Grants made (2025)
1
Average grant
$56,004
Median grant
$56,004
Total assets
$637,652
Primary geography
Pennsylvania (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$638K

-6.9% YoY

Annual Giving

$56K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$56K

+0.0% YoY

Under IRS private-foundation payout rules, TW Charles Cornell reported a distributable amount of $50K for 2025 — the minimum it must pay out in qualifying distributions.

How TW Charles Cornell gives

  • Giving held roughly steady from 2022 to 2025 (+4%). Method
  • In 2025 it paid out 113% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Newtown

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grants20191 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Community Welfare Council of Newtown Inc: $56KCommunity Welfare Council ofNewtown Inc$56K

Grant Size Distribution

5 grants across all recorded years

<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
COMMUNITY WELFARE COUNCIL OF NEWTOWN INC Newtown, PAGENERAL SUPPORT$56,004

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2019202020212022202320242025
Metric202520242023
Total Assets$637,652$684,775$716,191
Revenue$17,709$33,529$19,632
Expenses$64,929$64,860$64,333
Qualifying Distributions$56,004$56,004$56,004
Net Investment Income$23,733$24,808$22,303
Distributable Amount$49,530$50,022$48,345

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 27, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 19, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 2, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  8. Added Form 990-PF for fiscal year 2019 (received by the IRS May 27, 2020)
  9. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
  10. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
  11. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 19, 2023)
  12. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)

Leadership & Key People

Officers and directors from IRS filings

TW Charles Cornell is led by FNB By Sean Andris, Trustee on the 2022 filing — the only officer listed, and uncompensated.

Officers on the 2022 filing

  • FNB By Sean Andris

    Trustee

    New on the 2022 filing

    No compensation reported

Former officers (2)
  • Former: Sean Andris (2020–2021) — Trustee
  • Former: Thomas Mullin (2019) — Trustee

Data from IRS Form 990 filings, 2019–2022. "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 TW Charles Cornell

How much does TW Charles Cornell give each year?

TW Charles Cornell gave $56K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $56K across 1 grant.

How large is TW Charles Cornell?

TW Charles Cornell reported $638K in total assets on its 2025 IRS Form 990-PF. It paid out $56K in qualifying distributions that year, against a required minimum of $50K (roughly 5% of its investment assets).

What is TW Charles Cornell?

TW Charles Cornell is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Newtown, PA. It holds $638K in total assets as of 2025.

Where does TW Charles Cornell operate?

TW Charles Cornell has awarded grants in Pennsylvania.

What is TW Charles Cornell's EIN?

TW Charles Cornell's EIN (Employer Identification Number) is 23-6654503. IRS Form 990 filing data is available on this page for 2019–2025.

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

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