Cornelia T Bailey Charitable Trust
EIN 656474256
Possibly inactive.
Last 990-PF filing on record is from 2022
(4 years ago). Verify before investing time in an application.
Total Given 2017–2022
$535.2M
498 grants · $89.2M avg/year
based on 6 yrs of IRS 990-PF records on file
$10M+/yr
major funder
capacity
$25K
typical mid grants · $25K–$50K
grant size
25%
balanced · 88/352 multi-year
repeat
$512.4M
Assets (2021)
352
Distinct Recipients
About
THE FOUNDATION TERMINATED ON MAY 31, 2022. FLORIDA, THE STATE OF DOMICLE, DOES NOT REQUIRE TERMINATION DOCUMENTS BE FILED WITH THE STATE BY A TRUST. THE FMV OF ALL OF THE ASSETS OF THE FOUNDATION WERE DISTRIBUTED TO TWO NEW PRIVATE FOUNDATIONS IN ACCORDANCE WITH 507(B)(2). THE ASSETS WERE DISTRIBUTED AS FOLLOWS: - $234,979,115 WAS DISTRIBUTED TO GLENN W BAILEY CHARITABLE TRUST, EIN: 88-6220262 - $243,622,453 WAS DISTRIBUTED TO CORNELIA T BAILEY CHARITABLE TRUST, EIN: 88-6220451 ALL TAX ATTRIBUTES WERE TRANSFERRED TO THE TWO NEW PRIVATE FOUNDATIONS IN ACCORDANCE WITH A 507(B)(2) TRANSFER. SEE PART XII ATTACHMENT FOR THE CALCULATION OF THE UNDISTRIBUTED INCOME LIABILITY.
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
GRANT MANAGER
Phone
(561) 508-3858
Deadlines
SEE WEBSITE WWW.CTBFOUNDATION.ORG
How to Apply
SEE ATTACHED.
Restrictions
SEE ATTACHED.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2017 | $2.7M | $52.3M | $1.7M | 40 |
| 2019 | N/A | $429.5M | $8.9M | N/A |
| 2020 | $22.9M | $456.8M | $22.0M | 164 |
| 2021 | $20.6M | $512.4M | $19.9M | 186 |
| 2022 | $489.0M | $0 | $59.6M | 108 |
Grant Size Distribution
Based on 498 grants on record
Minimum
$3K
25th Pctl
$25K
Median
$25K
Average
$1.1M
75th Pctl
$50K
Maximum
$243.6M
Geographic Distribution
Officers & Directors
Grants Awarded (498 total)
| Purpose | ||||
|---|---|---|---|---|
| Cornelia T Bailey Charitable Trust | West Palm Beach, FL | $243,622,453 | 507(B)(2) TRANSFER OF SECURITIES AND CASH | 2022 |
| Glen W Bailey Charitable Trust | West Palm Beach, FL | $234,979,115 | 507(B)(2) TRANSFER OF SECURITIES AND CASH | 2022 |
| Maltz Jupiter Theatre | Jupiter, FL | $3,000,000 | CAPITAL CAMPAIGN | 2020 |
| Center for Creative Education | West Palm Beach, FL | $2,000,000 | CAPITAL CAMPAIGN NEW SCHOOL | 2020 |
| Pbs South Florida (Wpbt) | Boynton Beach, FL | $2,000,000 | CTB CULTURAL ARTS CENTER | 2020 |
| Wellesley College | Wellesley, MA | $1,500,000 | CORNELIA T. BAILEY GLOBAL FLORA MEZZANINE AND PERFORMANCE SPACE | 2021 |
| Maltz Jupiter Theatre | Jupiter, FL | $1,000,000 | BELIEVE CAMPAIGN | 2020 |
| Palm Beach Opera | West Palm Beach, FL | $1,000,000 | 75% SHOW UNDERWRITING / 25% APPRENTICE ARTIST PROGRAM | 2020 |
| Busch Wildlife Sanctuary | Jupiter, FL | $1,000,000 | CORNELIA T. BAILEY EDUCATION CENTER | 2021 |
| Coral Restoration Foundation | Tavernier, FL | $1,000,000 | LARGE-SCALE REEF RESTORATION OF FLORIDA'S CORAL REEF | 2021 |
| Jupiter Island Arts Council | Hobe Sound, FL | $1,000,000 | CORNELIA T. & GLENN W. BAILEY ART GALLERY | 2021 |
| Palm Beach Opera | West Palm Beach, FL | $1,000,000 | 75% SHOW UNDERWRITING / 25% APPRENTICE ARTIST PROGRAM | 2021 |
| Busch Wildlife Sanctuary | Jupiter, FL | $1,000,000 | CORNELIA T. BAILEY EDUCATION CENTER | 2021 |
| Busch Wildlife Sanctuary | Jupiter, FL | $1,000,000 | CORNELIA T. BAILEY EDUCATION CENTER | 2022 |
| Norton Museum | West Palm Beach, FL | $1,000,000 | ART ACQUISITION, EXHIBITIONS, PHOTOGRAPHY, PRINTS, LEARNING AND COMMUNITY ENGAGEMENT | 2022 |
| Palm Beach Opera | West Palm Beach, FL | $1,000,000 | CAPITAL CAMPAIGN BUILDING | 2022 |
| Palm Beach Opera | West Palm Beach, FL | $1,000,000 | PERFORMANCE AND BAILEY APP ARTISTS PROGRAM | 2022 |
| Florida Atlantic University Foundation | Boca Raton, FL | $900,000 | MARINE SEA PROGRAM EDUCATIONAL SUPPORT | 2020 |
| Uso the | Arlington, VA | $810,000 | NEW USO CENTER AT EGLIN AIR FORCE BASE | 2021 |
| American Cancer Society the | Tampa, FL | $792,000 | DR. HOLT NYU GENETIC AND PHYSICAL MECHANISMS OF ADAPTATION TO COMPRESSIVE STRESS | 2021 |
| Metropolitan Opera Lincoln Center | New York, NY | $750,000 | SATURDAY MATINEE RADIO BROADCASTS | 2020 |
| Society of the Four Arts | Palm Beach, FL | $750,000 | FOUR ARTS FOR EVERYONE GIFTS 2 YEAR | 2020 |
| Society of the Four Arts | Palm Beach, FL | $750,000 | FOUR ARTS FOR EVERYONE GIFTS | 2021 |
| National Park Foundation | Washington, DC | $650,000 | CAPITAL IMPROVEMENTS TO EVERGLADES PARK BUILDINGS, TRAILS AND PARKING | 2020 |
| Ywca of Palm Beach County | West Palm Beach, FL | $643,500 | CAPITAL IMPROVEMENTS | 2020 |