Sam L Cohen Foundation
- Assets
- $30.5m
- Revenue
- $4.0m
- Investments
- $29.6m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 20-2262822
Organization Overview
Sam L Cohen Foundation is located in Portland, ME. The organization was established in 2005. 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. Sam L Cohen 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 12/2021, Sam L Cohen Foundation generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sam L Cohen Foundation has awarded 864 individual grants totaling $18,176,391. 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 |
|---|---|---|---|
John Shoos Executive Director | 40 | $137,569 | |
Dana Baldwin Program Officer | 40 | $80,000 | |
Gloria Nicholson Grants And Finance M | 30 | $50,527 | |
Jeffrey A Nathanson ESQ Director, President | 10 | $18,500 | |
Jerome F Goldberg ESQ Director, Chair | 10 | $18,500 | |
Sherry P Broder ESQ Director, Secretary | 2 | $15,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Prime Buchholz | 12/30/15 | $75,000 |
Sanderson Asset Management Inc | 12/30/15 | $51,229 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $545,426 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,274,389 |
| Capital Gain Net Income | $3,274,389 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $147,981 |
| Total Revenue | $3,967,796 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $204,569 |
| Other employee salaries and wages | $130,527 |
| Pension plans, employee benefits | $41,637 |
| Interest | $22,254 |
| Taxes | $62,654 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,175 |
| Printing and publications | $0 |
| Other expenses | $105,170 |
| Total operating and administrative expenses | $727,496 |
| Contributions, gifts, grants paid | $3,762,072 |
| Total expenses and disbursements | $4,489,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $442,516 |
| Savings and temporary cash investments | $409,980 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,855,956 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,483,258 |
| 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, Sam L Cohen Foundation has awarded $3,762,072 in support to 93 organizations.
| Grant Recipient | Amount |
|---|---|
MAINE CHILDREN'S CANCER PROGRAM PURPOSE: PEDIATRIC INFUSION CENTER, MEDICAL DIRECTOR CHAIR, & PATIENT CARE & FAMILY FUND | $1,765,000 |
YOUTH AND FAMILY OUTREACH PURPOSE: BUILDING A BRIGHTER FUTURE EXPANSION CAMPAIGN | $250,000 |
Portland, ME PURPOSE: THE CAMPAIGN FOR PREBLE STREET | $125,000 |
MAINE BEHAVIORAL HEALTHCARE PURPOSE: CENTER OF EXCELLENCE IN AUTISM & DEVELOPMENTAL DISORDERS | $100,000 |
COMMITTEE TO RESTORE THE ABYSSINIAN PURPOSE: RESTORATION PROJECT | $50,000 |
Portland, ME PURPOSE: SUPPORT FOR PROGRAMS | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
P M Allen Family Foundation Hanover, NH | $110,796,013 | $13,365,268 |
Rannie Webster Foundation Rye, NH | $21,769,366 | $13,522,122 |
Elmina B Sewall Foundation Freeport, ME | $198,399,545 | $18,229,129 |
Lunder Foundation Portland, ME | $114,918 | $28,179,943 |
Otto And Fran Walter Foundation Inc Boothbay Harbor, ME | $14,780,673 | $2,403,803 |
The Jack & Dorothy Byrne Foundation Inc Hanover, NH | $178,090 | $5,355,970 |
The Birchtree Center Portsmouth, NH | $2,377,101 | $5,561,187 |
The Bill And Joan Alfond Foundation Portland, ME | $33,512,660 | $6,141,856 |
Friends Of Notre-Dame De Paris Inc Etna, NH | $24,880,670 | $12,372,128 |
Sam L Cohen Foundation Portland, ME | $30,483,258 | $3,967,796 |
Huber Foundation Falmouth, ME | $75,719,525 | $3,696,908 |
Albert B Glickman Family Foundation Portland, ME | $24,527,916 | $3,353,968 |