George M Cohen Foundation Inc
- Assets
- $922.6k
- Revenue
- $76.9k
- Investments
- $528.0k
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 04/1985
- Data as of
- 11/2023
- EIN
- 59-2469069
Organization Overview
George M Cohen Foundation Inc is located in Jacksonville, FL. The organization was established in 1985. 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. George M Cohen Foundation Inc 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 11/2023, George M Cohen Foundation Inc generated $76.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $250.8k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George M Cohen Foundation Inc has awarded 128 individual grants totaling $2,138,800. 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 |
|---|---|---|---|
Carolyn Munro Wilson Pres/treas | 0 | $0 | |
David J Hull Sec/director | 0 | $0 | |
Gloria S Christensen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,677 |
| Dividends & Interest | $14,441 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,745 |
| Capital Gain Net Income | $53,745 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $76,863 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,236 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,238 |
| Total operating and administrative expenses | $24,820 |
| Contributions, gifts, grants paid | $226,000 |
| Total expenses and disbursements | $250,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $394,578 |
| 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 | $77,211 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $922,561 |
| 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, George M Cohen Foundation Inc has awarded $226,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST CHURCH OF CHRIST SCIENTIST PURPOSE: RELIGIOUS | $500 |
FSCJ ARTIST SERIES PURPOSE: SUPPORT THE ARTS | $5,000 |
FSCJ FOUNDATION PURPOSE: SUPPORT EDUCATION | $500 |
MAYLAND COMMUNITY COLLEGE PURPOSE: EDUCATION | $10,000 |
PARKWAY PLAYHOUSE PURPOSE: SUPPORT THE ARTS | $5,000 |
PEACE CENTER PURPOSE: SUPPORT THE ARTS | $5,000 |