Skip to main content

Nonprofit · EIN 65-1287707

CORNELL DOUGLAS FOUNDATION INC

Tax-exempt · BETHESDA, MD 20816

Financials

$3.5M$5.2M2023$9.6M$4.9M2024$12.6M$5.8M2025
Revenue Expenses · by fiscal year end
Financials of CORNELL DOUGLAS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$12,633,237$5,801,668$6,831,569$63,918,731$0$63,918,731
December 31, 2024990-PF$9,638,763$4,863,121$4,775,642$57,236,416$0$57,236,416
December 31, 2023990-PF$3,456,835$5,185,044-$1,728,209$52,438,329$0$52,438,329
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$1,556,936
Net gain from sales of assets
$11,076,301

Expenses

Grants and similar amounts paid
$5,423,200
Disbursements for charitable purposes
$5,790,821
Excise tax on investment income
$21,514

Balance sheet and other

Total assets, start of year
$57,236,416
Total assets, end of year
$63,918,731
Total liabilities, end of year
$0
Net assets, end of year
$63,918,731
Fair market value of assets
$113,634,996
Qualifying distributions
$5,790,821
Net investment income
$1,556,936

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANN CORNELL
4701 SANGAMORE RD, BETHESDA, MD 20816
PRESIDENT & DIRECTOR40$0
HOLLY CORNELL LOWEN
4701 SANGAMORE RD, BETHESDA, MD 20816
SECRETARY & DIRECTOR4$0
ALEX CORNELL
4701 SANGAMORE RD, BETHESDA, MD 20816
TREASURER4$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
ANN CORNELL
4701 SANGAMORE RD, BETHESDA, MD 20816
PRESIDENT & DIRECTOR40$0
HOLLY CORNELL LOWEN
4701 SANGAMORE RD, BETHESDA, MD 20816
SECRETARY & DIRECTOR4$0
ALEX CORNELL
4701 SANGAMORE RD, BETHESDA, MD 20816
TREASURER4$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ANN CORNELL
4701 SANGAMORE RD, BETHESDA, MD 20816
PRESIDENT & DIRECTOR40$0
HOLLY CORNELL LOWEN
4701 SANGAMORE RD, BETHESDA, MD 20816
SECRETARY & DIRECTOR4$0
ALEX CORNELL
4701 SANGAMORE RD, BETHESDA, MD 20816
TREASURER4$0

Address and contacts

Address (IRS master file)
4701 SANGAMORE ROAD, BETHESDA, MD 20816-2508
Signed the 990-PF
ANN CORNELL, PRESIDENT
Phone
(301) 229-3008
Return prepared by
MOER & LEEGE PA CPAS

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
65-1287707
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
2006
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$63,918,731
Income (IRS master file)
$37,875,162

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$12,633,237$5,801,668$63,918,731IRS
990-PFDecember 2024$9,638,763$4,863,121$57,236,416IRS
990-PFDecember 2023$3,456,835$5,185,044$52,438,329XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 65-1287707).

Questions about CORNELL DOUGLAS FOUNDATION INC

What is the EIN of CORNELL DOUGLAS FOUNDATION INC?
The employer identification number (EIN) of CORNELL DOUGLAS FOUNDATION INC is 65-1287707.
Is CORNELL DOUGLAS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to CORNELL DOUGLAS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CORNELL DOUGLAS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CORNELL DOUGLAS FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CORNELL DOUGLAS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of CORNELL DOUGLAS FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does CORNELL DOUGLAS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $12,633,237, expenses of $5,801,668 and total assets of $63,918,731 at year end.

Other nonprofits in BETHESDA

All nonprofits in BETHESDA · Maryland · Philanthropy, voluntarism and grantmaking foundations