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Nonprofit · EIN 65-0593216

COBB FOUNDATION INC

Tax-exempt · GARDEN CITY, NY 11530

Financials

$572K$1.1M2023$1.3M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of COBB FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,264,566$1,187,873$76,693$14,972,160$0$14,972,160
December 31, 2023990-PF$571,912$1,149,426-$577,514$14,904,560$0$14,904,560
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$295,417
Net gain from sales of assets
$967,920
Other income
$1,229

Expenses

Grants and similar amounts paid
$935,056
Compensation of officers, directors and key employees
$80,000
Disbursements for charitable purposes
$1,045,787
Excise tax on investment income
$15,190

Balance sheet and other

Total assets, start of year
$14,904,560
Total assets, end of year
$14,972,160
Total liabilities, end of year
$0
Net assets, end of year
$14,972,160
Fair market value of assets
$22,778,998
Qualifying distributions
$1,045,787
Net investment income
$1,226,074

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RHODA W COBB
C/O BESSEMER TRUST1002 SE MONTEREY, COMMONS BLVD SUITE 101, STUART, FL 34996
DIR/PRESIDENT10$20,000
BRADLEY COBB
C/O BESSEMER TRUST1002 SE MONTEREY, COMMONS BLVD SUITE 101, STUART, FL 34996
DIRECTOR10$20,000
RHODA JUCKETT
C/O BESSEMER TRUST1002 SE MONTEREY, COMMONS BLVD SUITE 101, STUART, FL 34996
DIRECTOR10$20,000
JENNIFER LITTLE
C/O BESSEMER TRUST1002 SE MONTEREY, COMMONS BLVD SUITE 101, STUART, FL 34996
DIRECTOR10$20,000
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
RHODA COBB
C/O BESSEMER TRUST222 ROYAL PALM, WAY, PALM BEACH, FL 33480
DIR/PRESIDENT10$20,000
BRADLEY COBB
C/O BESSEMER TRUST222 ROYAL PALM, WAY, PALM BEACH, FL 33480
DIRECTOR10$20,000
RHODA JUCKETT
C/O BESSEMER TRUST222 ROYAL PALM, WAY, PALM BEACH, FL 33480
DIRECTOR10$20,000
JENNIFER LITTLE
C/O BESSEMER TRUST222 ROYAL PALM, WAY, PALM BEACH, FL 33480
DIRECTOR10$20,000

Address and contacts

Address (IRS master file)
1225 FRANKLIN AVE STE 500, GARDEN CITY, NY 11530-1650
In care of
% BESSEMER TRUST COMPANY
Signed the 990-PF
RHODA COBB, PRESIDENT
Phone
(516) 508-9623
Return prepared by
BESSEMER TRUST CO NA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
65-0593216
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1996
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$14,972,160
Income (IRS master file)
$5,020,037

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024–––IRS
990-PFDecember 2023$571,912$1,149,426$14,904,560IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about COBB FOUNDATION INC

What is the EIN of COBB FOUNDATION INC?
The employer identification number (EIN) of COBB FOUNDATION INC is 65-0593216.
Is COBB FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to COBB FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does COBB FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of COBB FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COBB FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of COBB FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $20,000 (RHODA W COBB, DIR/PRESIDENT).
How much revenue does COBB FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,264,566, expenses of $1,187,873 and total assets of $14,972,160 at year end.

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