Cobb Foundation
- Assets
- $55.4k
- Revenue
- $102.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- Data as of
- 12/2022
- EIN
- 84-2769642
Organization Overview
Cobb Foundation is located in Northbrook, IL. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cobb 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 12/2022, Cobb Foundation generated $102.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $95.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cobb Foundation has awarded 76 individual grants totaling $284,015. 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 |
|---|---|---|---|
Martin Cobb Director | 1 | $0 | |
Laine M Cobb Director | 1 | $0 | |
Daniel H Martin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $102,070 |
| Interest on Savings | $4 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5 |
| Capital Gain Net Income | $94,747 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $515 |
| Total Revenue | $102,584 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $77 |
| Total operating and administrative expenses | $687 |
| Contributions, gifts, grants paid | $94,382 |
| Total expenses and disbursements | $95,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,397 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $55,397 |
| 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, Cobb Foundation has awarded $94,382 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICARES PURPOSE: CHARITABLE | $10,000 |
CHICAGO BOTANIC GARDENS PURPOSE: CHARITABLE | $4,981 |
ST JAMES THE LESS PURPOSE: CHARITABLE | $5,000 |
WTTW PURPOSE: CHARITABLECHARITABLE | $5,000 |
PUCKS FOR AUTISM PURPOSE: CHARITABLECHARITABLE | $1,100 |
UNITED HELP UKRAINE PURPOSE: CHARITABLECHARITABLE | $15,000 |