Cosmos Club Foundation
ADVANCEMENT OF THE ARTS, SCIENCES AND HUMANITIES THROUGH AWARDS AND GRANTS TO STIMULATE SCHOLARSHIP, CONDUCT OF SYMPOSIA AND DISSEMINATION OF INFORMATION FOR THE PUBLIC GOOD.
Cosmos Club Foundation
The Cosmos Club Foundation is a nonprofit organization dedicated to advancing intellectual pursuits and promoting excellence in science, literature, and the arts and humanities. It was established in 1967 by members of the Cosmos Club, a renowned private social club in Washington, D.C.
History
The Foundation was created as a tax-exempt entity distinct from the Cosmos Club, with the aim of providing support for educational and charitable purposes. Since its inception, the organization has focused on fostering educational opportunities through grants and awards programs.
Programs
The Cosmos Club Foundation administers several key programs to achieve its mission:
- Cosmos Scholars Prize: This program offers grants to support graduate students in the Washington area, aiding their research in various academic fields. The grants focus on enhancing research capacities by covering unique expenses such as special supplies, travel, and unforeseen costs.
- John P. McGovern Award: This award recognizes significant contributions in areas aligned with the Foundation's goals, although detailed information is less available compared to the Cosmos Scholars Prize.
- Cosmos Club Award: Specific details about this award are limited, but it aligns with the Foundation's broader objectives of promoting excellence in science, literature, and the arts.
Financial Overview
The Foundation's revenue primarily comes from sales of assets and investments, with a notable portion also generated from contributions. As of recent years, the organization has maintained substantial total assets with no reported liabilities.
Governance and Mission
The Foundation is governed by a board of Trustees who oversee its financial health, while Fellows manage its programs. The organization aims to invest in advancing educational opportunities and fostering intellectual excellence, in line with the broader ethos of the Cosmos Club.
Overall, the Cosmos Club Foundation plays a crucial role in supporting research and intellectual endeavors in the Washington area, maintaining the legacy of the Cosmos Club's commitment to knowledge and public service.
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