Leon And Toby Cooperman Family Foundation

Organization Overview

Leon And Toby Cooperman Family Foundation is located in Clifton, NJ. The organization was established in 1982. 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. Leon And Toby Cooperman 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 01/2022, Leon And Toby Cooperman Family Foundation generated $28.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $30.0m during the year ending 01/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mary Ann Viscio
$100,000
David Bloom
$150,000
Edward Levy
$150,000
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $30,014,745
Net Rental Income$0
Net Gain on Sale of Assets $630,456
Capital Gain Net Income $630,456
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$1,842,882
Total Revenue $28,802,319

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