Corda Foundation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO ASSEMBLE AND PRESERVE THE ARTISTIC WORKS OF DAVID ROSENMANN-TAUB AND TO MAKE THEM AVAILABLE WORLDWIDE.
- Income
- $3.3 million
- Spending
- $1.2 million
- Spent on programs
- 100%
- Reserves
- 20.6 months of spending
- Largest source of income
- donations and private grants, 58%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $44,000, treasurer
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 89% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 20.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 64% of income.
Income trend
15 of 15Income rose 2032% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 63 out of 100. Higher than 14% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2510 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.2 million spent. COMPLETED A PARTNERSHIP AGREEMENT IN OCTOBER 2025 WITH THE HISPANIC SOCIETY MUSEUM & LIBRARY (HMSL) OF NEW YORK CITY. AGREEMENT, FORMALIZED IN CONTRACT AND AN $1M INITIAL DONATION, INCLUDES DEVELOPING A ROOM DEDICATED TO THE ARCHIVAL OF DAVID ROSENMANN-TAUB'S WORKS INCLUDING POETRY MANUSCRIPTS, MUSICAL RECORDINGS, AND DRAWINGS. THIS AREA WILL BE FURNISHED WITH THE POET'S FURNITURE, PERSONAL BELONGINGS AND WORKING MATERIALS. THE PARTNERSHIP WILL CREATE A POETRY CENTER THAT WILL FUNCTION YEAR-ROUND WITH DISPLAYS, LIVE ACTIVITIES AND PERFORMANCES OF POETRY, MUSIC AND VISUAL ART. AN EXTENSIVE SEARCH OF CANDIDATES WAS INITIATED TO SELECT A FULL-TIME CURATOR TO MANAGE THE POETRY CENTER AT HSM&L AS WELL AS TO CONTINUE THE PROMOTION AND PRESERVATION OF THE ARTISTIC WORKS OF DAVID ROSEMNANN-TAUB. MAINTAINED AND IMPROVED THE FOUNDATION'S 5 WEBSITES AND CONTRIBUTED TO OTHER WEBSITES WHICH FEATURE THE WORK OF DAVID ROSENMANN-TAUB. ACTIVITY INCLUDED MAINTENANCE OF WEBSITES AT THE UNIVERSITY OF CHILE, THE NATIONAL LIBRARY OF CHILE, A SPANISH LANGUAGE BLOG SITE, THE MAINTENANCE OF THE DAVID ROSENMANN-TAUB SECTION OF THE CERVANTES VIRTUAL SITE, FACEBOOK, INSTAGRAM AS WELL AS THE CORDA FOUNDATION, AWARD, MUSIC, DRAWING AND POETRY WEBSITES. REVISED THE POETRY WEBSITE, ADDING REFERENCE MATERIAL, INCLUDING ONE ARTICLE AND INTERVIEW AND ONE VIDEO. COMPLETED THE TRANSLATION INTO SPANISH OF THE DRAWING WEBSITE, ADDING TWO VIDEOS. COMPLETED A PROJECT TO CONSOLIDATE 4 OF 5 OF THE FOUNDATION'S WEBSITES INTO A SINGLE, INTEGRATED AND UP TO DATE SITE. CONTINUED AN AWARDS PROGRAM FOR ORIGINAL ESSAYS AND SCHOLARLY PAPERS BY UNDERGRADUATE, GRADUATE STUDENTS, PROFESSIONAL SCHOLARS AND FOR POETRY TRANSLATIONS INTO ANY LANGUAGE. CONTACTED PROFESSORS IN CHILE TO IDENTIFY CANDIDATES FOR ADVANCED DEGREES WHO WOULD PARTICIPATE IN THE PROGRAM. CONTINUED TO PRESERVE ARCHIVAL MATERIAL BY EDITING AND COPYING MUSIC AND VIDEO ORIGINALLY RECORDED DIGITALLY OR ON MAGNETIC TAPE. MAINTAINED A MUSIC AND VIDEO RECORDING DATABASE TO CATALOGUE MORE THAN 1200 HOURS OF MUSICAL AND VOICE RECORDINGS AND VIDEOTAPES. ADDED SCORES TO TWO VIDEO RECORDINGS. PRODUCED ENGLISH TRANSLATIONS OF TWO BOOKS OF POETRY. INCLUDED THESE IN SUBTITLE ON VIDEO AS RECORDINGS OF COMPLETE BOOKS. PUBLISHED ON VIMEO AND EXCERPTS ON YOU TUBE. ADDED LINKS TO WEBSITES TO YOU TUBE VIDEO DESCRIPTIONS. REPORTED ACCOMPLISHMENTS TO VOLUNTEERS AND CONTRIBUTORS.REVISED AND UPDATED A DRAWING DATA BASE ADDING 18 ORIGINAL DRAWINGS.ANOTHER BOOK OF ORIGINAL POETRY WAS ASSEMBLED FOR PUBLICATION IN CHILE FOR 2026. ARRANGED ADVANCE WORK FOR PRESENTATION OF THE BOOK WITH THE PUBLISHER. COMPLETED THE TRANSCRIPTION, INDEXING AND ARCHIVAL OF MORE THAN 25 ADDITIONAL PAGES OF RECORDED NARRATIVE BY DAVID ROSENMANN-TAUB. CONTINUED THE DEVELOPMENT OF DOCUMENTARY VIDEOS, OF COMMENTARY BY AND ABOUT DAVID ROSENMANN-TAUB INCLUDING INTERVIEWS WITH THE POET HIMSELF, LITERARY CRITICS AND OTHER RENOWNED POETS. RELEASED TO YOU TUBE A VIDEO ADAPTATION OF THE BOOK "ALM-ERIA" BY DAVID ROSENMANN-TAUB. COMPLETED AN ANNOTATED COMPILATION OF POEMS IN VIDEO. RELEASED THE VIDEO "LANGUAGE OF REALITY" TO VIMEO AND YOU TUBE. RELEASED FULL LENGTH MUSIC AND POETRY VIDEOS (DAGGER OF LIFE AND EN UN LUGAR DE LA SANGRE) TO YOU TUBE. PASSED 2000 SUBSCRIBERS ON CORDA YOU TUBE CHANNEL. CONTINUED TO COMPLETION A PROJECT TO PLACE COLLECTIONS OF DAVID ROSENMANN-TAUB'S BOOKS AND MUSICAL RECORDINGS IN THE MOST IMPORTANT LIBRARIES IN THE US. CONTACTED MORE THAN 200 LIBRARIES AND SHIPPED MORE THAN 900 BOOKS AND 800 MUSIC RECORDINGS BOOKS TO SUPPLEMENT THEIR COLLECTIONS. RESERVED A COLLECTION OF ALL BOOKS AND MUSICAL RECORDING FOR ARCHIVAL PRESERVATION. RECEIVED, THROUGH A BEQUEST FROM THE POET'S ESTATE, HIS VAST COLLECTION OF BOOKS AND RECORDINGS. CONTINUED THE TASK TO DESCRIBE AND INVENTORY THIS EXTENSIVE LIBRARY. DIGITIZED AND ARCHIVED MORE THAN 4 HOURS OF ANALOG VIDEO RECORDING OF MUSIC PERFORMANCES BY DAVID ROSENMANN-TAUB. THE INVENTORY OF THE FOUNDATION'S COLLECTION OF DAVID ROSENMANN-TAUB'S ARTISTIC WORKS WAS UPDATED AND EXPANDED TO INCLUDE DEFINITION OF PHYSICAL SPACE REQUIRED FOR PHYSICAL AND DISC STORAGE AND ESTIMATES OF THE SIZE OF DIGITAL CONTENT. CONTINUED TO MAINTAIN A SECURE, CLIMATE-CONTROLLED FACILITY FOR THE ASSEMBLY, ARCHIVAL AND STORAGE OF VIDEO AND AUDIO RECORDINGS, MANUSCRIPTS AND ORIGINAL DRAWINGS.INITIATED A PROJECT TO DIGITIZE AND REPUBLISH BOOKS OF POETRY. FIRST EBOOK EDITION EXPECTED TO BE PUBLISHED IN 2026. VISITED SANTIAGO, CHILE FOR TWO WEEKS MEETING WITH PUBLISHERS, BOARD ADVISORS AND JOURNALISTS TO ESTABLISH NEW PROJECTS AND SUPPORT THOSE ONGOING DEDICATED TO THE PROMOTION OF THE ARTISTIC WORK OF DAVID ROSENMANN-TAUB.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2000.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Chg Foundation (Chula Vista, CA), EIN 33-0586911. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.