Cornelia Cogswell Rossi Foundation Inc
(3 yrs)
About
This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $2,067,833. This amount represents 25% or more of the Foundation's net assets of $5,532,785 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | N/A | $12.6M | $1.3M | N/A |
| 2020 | N/A | $12.7M | $1.1M | N/A |
| 2021 | N/A | $12.2M | $1.4M | N/A |
| 2022 | $3.4M | $7.9M | $2.0M | 101 |
| 2023 | $2.8M | $5.5M | $1.5M | 110 |
| 2024 | $2.1M | $3.8M | $873K | 117 |
Grant Size Distribution
Based on 328 grants on record
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| Laurie A Warren | Sec, VP, Dir | $15K |
| Anne B Green | Dir, Treas, VP | $15K |
| John R Raben Jr | Dir, Pres | $15K |
| Charles B Kaufmann III | Pres, Dir | $15K |
Grants Awarded (328 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| LIFEFLIGHT OF MAINE LLC | CAMDEN, ME | $1,000,000 | the Cornelia Cogswell Rossi Foundation Medical Equipment Fund | 2022 |
| FRIENDS OF ACADIA | BAR HARBOR, ME | $500,000 | to provide funds for the Seasonal Workforce Housing Initiative to benefit Acadia National Park | 2024 |
| FRIENDS OF ACADIA | BAR HARBOR, ME | $500,000 | Seasonal Workforce Housing Initiative to benefit Acadia National Park | 2023 |
| YALE UNIVERSITY | NEW HAVEN, CT | $333,334 | planning and construction of the renovation of the Linonia & Brothers Reading Room in Sterling Memorial Library. | 2022 |
| YALE UNIVERSITY | NEW HAVEN, CT | $333,333 | planning and construction of the renovation of the Linonia & Brothers Reading Room in Sterling Memorial Library | 2023 |
| YALE UNIVERSITY | NEW HAVEN, CT | $333,333 | to support planning and construction of the renovation of the Linonia & Brothers ("L&B") Reading... | 2024 |
| EASTERN MAINE HEALTHCARE SYSTEMS | BREWER, ME | $250,000 | to provide funding to Northern Light Health Foundation for The Campaign for Acadia Hospital | 2024 |
| EASTERN MAINE HEALTHCARE SYSTEMS | BREWER, ME | $250,000 | Northern Light Health Foundation for The Campaign for Acadia Hospital | 2023 |
| COLLEGE OF THE ATLANTIC | BAR HARBOR, ME | $187,500 | North Woods Ways project | 2022 |
| COLLEGE OF THE ATLANTIC | BAR HARBOR, ME | $187,500 | North Woods Ways project | 2023 |
| LIFEFLIGHT OF MAINE LLC | AUGUSTA, ME | $155,000 | to fund the Aviation Enhancement Package | 2024 |
| ISLAND INSTITUTE | ROCKLAND, ME | $151,000 | General & Unrestricted | 2022 |
| MAINE SEACOAST MISSION | NORTHEAST HARBOR, ME | $151,000 | General & Unrestricted | 2023 |
| UNIVERSITY OF NEW ENGLAND | PORTLAND, ME | $150,000 | pilot program supporting needs-based scholarships for students in Graduate Programs in Public Health | 2023 |
| UNIVERSITY OF NEW ENGLAND | PORTLAND, ME | $150,000 | pilot program to support needs-based scholarships FUND for students in Graduate Programs in Public Health, to train... | 2022 |
| MAINE SEACOAST MISSION | NORTHEAST HARBOR, ME | $150,000 | General & Unrestricted | 2022 |
| FRIENDS OF KATAHDIN WOODS AND WATERS | PORTLAND, ME | $106,000 | General & Unrestricted | 2022 |
| GREENWICH COUNTRY DAY SCHOOL INC | GREENWICH, CT | $100,000 | general support and the high school | 2023 |
| ISLAND INSTITUTE | ROCKLAND, ME | $100,000 | General & Unrestricted | 2023 |
| FRIENDS OF KATAHDIN WOODS AND WATERS | PORTLAND, ME | $100,000 | General & Unrestricted | 2023 |
| GOOD SHEPHERD FOOD BANK | AUBURN, ME | $80,000 | General & Unrestricted | 2022 |
| YALE UNIVERSITY | NEW HAVEN, CT | $75,000 | the Charles B. Kaufmann III '66 Yale glee club fund | 2022 |
| NORTH HAVEN FOUNDATION | ROCKLAND, ME | $75,000 | General & Unrestricted | 2023 |
| CAMP SUNSHINE AT SEBAGO LAKE INC | CASCO, ME | $75,000 | General & Unrestricted | 2022 |
| NORTHEAST HARBOR AMBULANCE SERVICE INC | NORTHEAST HARBOR, ME | $75,000 | General & Unrestricted | 2022 |