Milton Cooper Family Foundation is located in New York, NY. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milton Cooper Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Milton Cooper Family Foundation generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.2% each year . All expenses for the organization totaled $730.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Milton Cooper Family Foundation has awarded 109 individual grants totaling $6,858,033. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO DIRECT CHARITABLE ACTIVITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Cooper President | 2 | $0 | |
Brett Cooper Treasurer | 1 | $0 | |
Zachary Cooper Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000,000 |
| Interest on Savings | $54,652 |
| Dividends & Interest | $196,035 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,457 |
| Capital Gain Net Income | $71,789 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,222,230 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,025 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $5,275 |
| Contributions, gifts, grants paid | $725,000 |
| Total expenses and disbursements | $730,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,849,565 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,232 |
| Total assets | $10,923,669 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Milton Cooper Family Foundation has awarded $725,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
DOROT PURPOSE: GENERAL USE | $25,000 |
JEWISH FAMILY SERVICE OF SEATTLE PURPOSE: GENERAL USE | $50,000 |
HASBARA FELLOWSHIPS PURPOSE: GENERAL USE | $75,000 |
AMERICAN JEWISH WORLD SERVICE PURPOSE: GENERAL USE | $50,000 |
MET COUNCIL PURPOSE: GENERAL USE | $50,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: GENERAL USE | $50,000 |