The Cogitare Foundation
- Assets
- $630.2k
- Revenue
- $15.3k
- Investments
- $539.0k
- Employees
- 0
- Location
- Clarksville, GA
- Founding
- 09/1998
- Data as of
- 03/2024
- EIN
- 13-3998983
Organization Overview
The Cogitare Foundation is located in Clarksville, GA. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cogitare Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2024, Cogitare Foundation generated $15.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $104.9k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Cogitare Foundation has awarded 124 individual grants totaling $897,883. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Scialo President | 2 | $0 | |
Peter D Cooper Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,348 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,942 |
| Capital Gain Net Income | $11,942 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,290 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,100 |
| Total operating and administrative expenses | $7,376 |
| Contributions, gifts, grants paid | $97,479 |
| Total expenses and disbursements | $104,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,236 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $50,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $630,231 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Cogitare Foundation has awarded $97,479 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
COGITARE ZAMBIA PURPOSE: CONTRIBUTION TO THE SCHOOL TO HELP PROVIDE EDUCATION AND TRAINING FOR PEOPLE TO AQUIRE SKILLS IN ORDER TO BECOME PRODUCTIVE MEMBERS OF SOCIETY. | $65,854 |
SCHOLARSHIP GRANT FOR ARNOLD PELEKELO PURPOSE: CONTRIBUTION TO THE ORGANIZATION TO PROVIDE A SCHOLARSHIP FOR INDIVIDUAL. | $9,827 |
SCHOLARSHIP GRANT FOR CHIMUKA CHEEPA PURPOSE: CONTRIBUTION TO THE ORGANIZATION TO PROVIDE A SCHOLARSHIP FOR INDIVIDUAL. | $15,853 |
SCHOLARSHIP GRANT FOR MWICHE NAMBELA PURPOSE: CONTRIBUTION TO THE ORGANIZATION TO PROVIDE A SCHOLARSHIP FOR INDIVIDUAL. | $2,500 |
SCHOLARSHIP GRANT FOR DANIEL SAKALA PURPOSE: CONTRIBUTION TO THE ORGANIZATION TO PROVIDE A SCHOLARSHIP FOR INDIVIDUAL. | $3,445 |