Cordelia Corp
- Assets
- $0.0
- Revenue
- $6.5m
- Investments
- $103.3m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 02/1995
- Data as of
- 05/2021
- EIN
- 88-0326514
Organization Overview
Cordelia Corp is located in Reno, NV. The organization was established in 1995. 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. Cordelia Corp 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 05/2021, Cordelia Corp generated $6.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (43.2%) each year. All expenses for the organization totaled $5.4m during the year ending 05/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Cordelia Corp has awarded 19 individual grants totaling $17,685,620. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary A Bing President | 1 | $0 | |
Douglas Ellis Treasurer | 1 | $0 | |
William Stinehart Jr Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,042,670 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,882 |
| Total Revenue | $6,543,109 |
| 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 | $592,305 |
| Contributions, gifts, grants paid | $4,831,507 |
| Total expenses and disbursements | $5,423,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $60,317,710 |
| Other assets | $5,016 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $64,238 |
Grants Awarded
Over the last fiscal year, Cordelia Corp has awarded $2,189,113 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TRANSPORTATION ALTERNATIVES PURPOSE: GENERAL | $125,000 |
YALE UNIVERSITY PURPOSE: 320 YORK STRENOVATIONS | $1,989,103 |
INTANDEM CYCLING PURPOSE: GENERAL | $25,000 |
NEW YORK CITY BALLET PURPOSE: STRAVINSKYFESTIVAL | $50,000 |
FLOWTHROUGH FROM SE VII DHC AIV LP PURPOSE: GENERAL | $10 |