The Cowley Family Foundation
- Assets
- $3.3m
- Revenue
- $352.0k
- Investments
- $1.5m
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 11/2008
- Data as of
- 12/2023
- EIN
- 26-1627225
Organization Overview
The Cowley Family Foundation is located in Phoenix, AZ. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Cowley Family 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 12/2023, Cowley Family Foundation generated $352.0k 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 (9.1%) each year. All expenses for the organization totaled $399.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Cowley Family Foundation has awarded 174 individual grants totaling $2,498,637. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
ALL EXPENSES RELATE TO MAKING GRANTS TO VARIOUS CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice N Cowley Director, V.P. Assistant Secretary | 3 | $0 | |
Michael T Cowley Director, President | 2 | $0 | |
Suzette Tyler Director, V.p., Secretary | 2 | $0 | |
Monson Cowley Director, V.p., Treasurer | 2 | $0 | |
Ryan Willis Director, V.p., Assistant Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27,810 |
| Dividends & Interest | $54,940 |
| Net Rental Income | $303 |
| Net Gain on Sale of Assets | $227,944 |
| Capital Gain Net Income | $227,944 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $36,018 |
| Total Revenue | $352,007 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,534 |
| Total operating and administrative expenses | $29,253 |
| Contributions, gifts, grants paid | $370,366 |
| Total expenses and disbursements | $399,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,898 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $1,778,502 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,459,425 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,447 |
| Total assets | $3,311,272 |
| 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 | $6,850 |
| Total liabilities | $6,850 |
Grants Awarded
Over the last fiscal year, The Cowley Family Foundation has awarded $370,366 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN DIABETES ASSOCIATION PURPOSE: CHARITABLE DONATION | $3,000 |
ASU FOUNDATION PURPOSE: CHARITABLE DONATION | $51,500 |
BOYS & GIRLS CLUBS OF THE EAST VALLEY PURPOSE: CHARITABLE DONATION | $5,000 |
AZ BRAINFOOD PURPOSE: CHARITABLE DONATION | $29,500 |
CHANDLER FIREFIGHTER CHARITIES PURPOSE: CHARITABLE DONATION | $4,000 |
BROADMOOR PTA PURPOSE: CHARITABLE DONATION | $3,000 |