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Nonprofit · EIN 04-2767464

CHARLES E COTTING CHARITABLE CORP

Tax-exempt · BOSTON, MA 02110

Financials

$7M$8.5M2023$11.1M$8.8M2024
Revenue Expenses · by fiscal year end
Financials of CHARLES E COTTING CHARITABLE CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,059,087$8,829,927$2,229,160$112,673,338$0$112,673,338
December 31, 2023990$6,992,038$8,463,136-$1,471,098$110,505,668$0$110,505,668
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$11,057,765
Net gain from sales of assets
$6,410,760
Other revenue
$1,322

Expenses

Grants and similar amounts paid
$7,699,980
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$45,600
Program services (functional)
$7,699,980
Management and general (functional)
$1,129,947

Balance sheet and other

Total assets, start of year
$110,505,668
Total assets, end of year
$112,673,338
Total liabilities, end of year
$0
Net assets, end of year
$112,673,338
Publicly traded securities
$96,720,410
Net assets with donor restrictions
$112,673,338
Gross receipts
$23,373,264
Employees
0
Volunteers
0
Year formed
1982
State of legal domicile
MA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ROBERT G BANNISHTRUSTEE AND DIRECTOR
Trustee or director
8$257,440
ZACHARY A BOURQUETRUSTEE AND DIRECTOR
Trustee or director
8$257,439
GREGORY L GULLICKSONTRUSTEE AND DIRECTOR
Trustee or director
8$257,439
MALCOLM P BAKERTRUSTEE AND DIRECTOR
Trustee or director
0.3$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ROBERT G BANNISHTRUSTEE AND DIRECTOR
Trustee or director
8$240,762
ZACHARY A BOURQUETRUSTEE AND DIRECTOR
Trustee or director
8$240,762
GREGORY L GULLICKSONTRUSTEE AND DIRECTOR
Trustee or director
8$240,762
LUIS M VICEIRA THROUGH 83123TRUSTEE AND DIRECTOR
Trustee or director
0.3$0
MALCOLM P BAKER FROM 912023TRUSTEE AND DIRECTOR
Trustee or director
0.3$0

Address and contacts

Address (IRS master file)
RHB INC 1 FEDERAL ST FL 25, BOSTON, MA 02110-0000
In care of
% RICE HEARD & BIGELOW INC
Principal officer (990 for 2024)
GREGORY L GULLICKSON, RHB INC 1 FEDERAL ST FL 25, BOSTON, MA 02110
Signed the 990
GREGORY L GULLICKSON, TRUSTEE
Phone
(617) 227-1782
Return prepared by
RICE HEARD & BIGELOW INC

Mission

TO FUND STUDENT SCHOLARSHIPS AND ACADEMIC FACULTY SALARIES FOR HARVARD COLLEGE GRADUATE SCHOOL FOR BUSINESS ADMINISTRATION.

990 for the year ended December 31, 2024

Program accomplishments

  • DISTRIBUTIONS TO HARVARD COLLEGE GRADUATE SCHOOL OF BUSINESS ADMINISTRATION AS REQUIRED BY CORPORATE MISSION.
    Expenses $7,699,980 · grants $7,699,980

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2767464
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$112,673,338
Income (IRS master file)
$23,373,264

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,059,087$8,829,927$112,673,338XML
990-TDecember 2024–––IRS
990December 2023$6,992,038$8,463,136$110,505,668XML
990-TDecember 2023–––IRS
990December 2022$7,040,824$8,471,700$112,129,397IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 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 04-2767464).

Questions about CHARLES E COTTING CHARITABLE CORP

What is the EIN of CHARLES E COTTING CHARITABLE CORP?
The employer identification number (EIN) of CHARLES E COTTING CHARITABLE CORP is 04-2767464.
Is CHARLES E COTTING CHARITABLE CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to CHARLES E COTTING CHARITABLE CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does CHARLES E COTTING CHARITABLE CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHARLES E COTTING CHARITABLE CORP 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 CHARLES E COTTING CHARITABLE CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHARLES E COTTING CHARITABLE CORP?
The 990 for the year ended December 31, 2024 names GREGORY L GULLICKSON.
Who are the officers and directors of CHARLES E COTTING CHARITABLE CORP?
The 990 for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization, the highest $257,440 (ROBERT G BANNISH, TRUSTEE AND DIRECTOR).
How much revenue does CHARLES E COTTING CHARITABLE CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,059,087, expenses of $8,829,927 and total assets of $112,673,338 at year end.

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