Cochran Family Foundation is located in Wilmington, DE. 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. Cochran 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 12/2020, Cochran Family Foundation generated $3.5m in total revenue. All expenses for the organization totaled $2.2m during the year ending 12/2020. While expenses have increased by 17.4% per year over the past 3 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 2021, Cochran Family Foundation has awarded 31 individual grants totaling $2,158,500. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia A Cochran Vice President | 5 | $0 | |
John R Cochran III President | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,000,000 |
Interest on Savings | $0 |
Dividends & Interest | $51,823 |
Profit on Inventory Sales | $0 |
Other Income | $21,768 |
Total Revenue | $3,452,623 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Pension plans, employee benefits | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $18,735 |
Contributions, gifts, grants paid | $2,195,000 |
Total expenses and disbursements | $2,213,735 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Investments—mortgage loans | $0 |
Investments—other | $2,607,033 |
Other assets | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, Cochran Family Foundation has awarded $2,158,500 in support to 31 organizations.
Grant Recipient | Amount |
---|---|
Newark, DE PURPOSE: GENERAL CHARITABLE PURPOSES | $545,000 |
BISHOP MALOOLY SCHOLARSHIP PURPOSE: GENERAL CHARITABLE PURPOSES | $500,000 |
Cleveland, OH PURPOSE: GENERAL CHARITABLE PURPOSES | $250,000 |
Wilmington, DE PURPOSE: GENERAL CHARITABLE PURPOSES | $200,000 |
ST BENEDICT'S PREPARATORY PURPOSE: GENERAL CHARITABLE PURPOSES | $200,000 |
CATHOLIC RELIEF SERVICES PURPOSE: GENERAL CHARITABLE PURPOSES | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |