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Ty Cobb Educational Fund

Profile

Last Updated: 2016-10-21

At A Glance

Ty Cobb Educational Fund

P.O. Box 937

Sharpsburg, GA United States 30277-0937

Telephone: 4045887227

URL: www.tycobbfoundation.com

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Sports

Financial Data

(yr. ended 2015-12-31)

Assets: $13,251,638

Total giving: $600,000

EIN

586026003

BRIDGE Number

8163955733

Background

Trust established in 1953 in GA - Founded by late Ty Cobb, who was a professional baseball player for the Detroit Tigers from 1905-1926. He received the most votes of any player on the 1936 inaugural Hall of Fame ballot (222 out of 226.) He is widely credited with setting ninety Major League Baseball records during his career, some of which are still unbeaten.

Purpose and Activities

The foundation was established by the late Tyrus R. Cobb for the purpose of assisting capable and deserving residents of GA (who have resided in GA for at least 2 years prior to attending college, or have graduated from high school in GA), who need financial assistance in completing their college education. Foundation scholarships are granted to qualified students who have completed at least 30 semester hours or 45 quarter hours, with a 3.0 GPA or better, for the purpose of attending an accredited college or university full time. Professional students pursuing their dentistry or MD degrees, who are residents of GA, and have demonstrated financial need are eligible to apply.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Scholarships to undergraduate students who are residents of GA with a "B" average or higher for attendance at an accredited college or university. Graduate scholarships to students who are residents of GA pursuing their dentistry or MD degrees.

Fields of Interest

Subjects
  • Dental care
  • Education
  • Higher education
  • Medical education
  • Undergraduate education
  • University education
Population Groups
  • Academics

Financial Data

Year ended 2015-12-31

Assets: $13,251,638 (market value)

Expenditures: $756,062

Total giving: $600,000

Qualifying distributions: $709,727