The Paula and Bill Cosgrove Family Foundation

Nonprofit profile at a glance

EIN
844590931
IRS 990-PF coverage
2020–2025
Forms available
Form 990-PF 2025
Location
Wadsworth, OH, USA
Phone
4402344300
Rating
80
Verdict
STRONG
Rating confidence
Standard
Sector
Private Grantmaking Foundations

Reported finances

Revenue
$1,040,372
Expenses
$16,050

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Private Grantmaking Foundations

What it reported funding in 2025

The foundation reported 3 filed grant rows totaling $16,000. The stated grant purposes included to support this leading pediatric care provider located in cleveland, ohio., to support the organization's mission of promoting youth character development, children's health, environmental stewardship and well-being while also preserving, enhancing and promoting the legacy of arnold palmer in golf and american history and sharing it with the public as a practical and inspirational component of the charitable and educational pillars of the organization., and to support the organization's mission to raise funds to assist all athletic programs for strongsville city schools..

Operating model

Revenue model
Donor-supported. 96% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of spending goes to grants. A relatively small share of available resources goes to charitable grants.

Rating breakdown

  • Grant Deployment: 33
  • Cost Efficiency: 100
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 97

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 33.4%; rating input score 33; 4th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 99.7%; rating input score 100; 98th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 69.29; rating input score 97; 97th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 33.4% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 97th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Grant Deployment: Grant deployment ratio scored 33/100.