Cooperative Development Foundation

Organization Overview

Cooperative Development Foundation is located in Washington, DC. The organization was established in 1956. According to its NTEE Classification (J12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooperative Development 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 12/2021, Cooperative Development Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 12.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Cooperative Development Foundation has awarded 123 individual grants totaling $4,946,235. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CDF PROMOTES ECONOMIC AND COMMUNITY DEVELOPMENT THROUGH COOPERATIVE ENTERPRISE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH ITS GRANT AND LOAN FUNDS AS WELL AS ITS UNRESTRICTED REVENUE, CDF MAKES GRANTS AND LOANS TO COOPERATIVES, COOPERATIVE DEVELOPMENT ORGANIZATIONS, COOPERATIVE LENDERS, UNIVERSITIES AND GROUPS ORGANIZING COOPERATIVES. WE WORK PREDOMINATELY IN THE FOLLOWING THREE AREAS:1) DEVELOPMENT - CDF PROVIDES COOPERATIVE DEVELOPMENT PROJECTS FOR WHICH WE PROVIDE PROGRAMMATIC AND/OR FINANCIAL SUPPORT, PARTICULARLY IN THE WORKER COOPERATIVE AND FOOD SECTORS.


2) EDUCATION AND RESEARCH- WE FUND THE DEVELOPMENT AND DISTRIBUTION OF COOPERATIVE EDUCATION AND RESEARCH MATERIALS AND PROGRAMS ABOUT COOPERATIVES AND ECONOMIC ISSUES AFFECTING COMMUNITIES, WITH A FOCUS ON HISTORICALLY UNDERSERVED POPULATIONS AND COMMUNITIES; AND THE EDUCATION AND KNOWLEDGE SHARING OF THOSE INTERESTED IN COOPERATIVES, AMONG VARIOUS COOP SECTORS, AND FOR EMERGING COOPERATIVE LEADERS.


3) AWARENESS - RAISING THE AWARENESS OF COOPERATIVES AS AN ECONOMIC ALTERNATIVE BOTH DOMESTICALLY AND ABROAD, INCLUDING THE IMPACT OF COOPERATIVES ON HEALTHY, SUSTAINABLE AND EQUITABLE COMMUNITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Leslie Mead
Executive Director
$157,696
Mary Griffin
Executive Director
$60,491
Richard Larochelle
Chair
$0
Deborah Trocha
Vice Chair
$0
Christina Jennings
Secretary/treasurer
$0
Chuck Snyder
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$325,039
Related organizations$0
Government grants $374,572
All other contributions, gifts, grants, and similar amounts not included above$314,484
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,014,095
Total Program Service Revenue$6,304
Investment income $231,753
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $139,866
Net Income from Fundraising Events -$52,998
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,339,020

Grants Awarded

Over the last fiscal year, Cooperative Development Foundation has awarded $866,546 in support to 17 organizations.

Grant RecipientAmount

NORTH DAKOTA STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Fargo, ND

PURPOSE: Support for the Quentin Burdick Center for Cooperatives

$244,280

KANSAS STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Manhattan, KS

PURPOSE: To provide support for the CoBank Cooperative Leadership Program

$242,826

THURGOOD MARSHALL COLLEGE FUND

Org PageRecipient Profile

Washington, DC

PURPOSE: CoBank Agriculture Scholarship for historically black colleges and universities

$100,000

SOUTH DAKOTA STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Brookings, SD

PURPOSE: Continued support for the Pine Ridge AgrAbility and Tribal Local Foods Project

$100,000

THE ICA GROUP INC

Org PageRecipient Profile

Northampton, MA

PURPOSE: Support of development of web and social media-based client and caregiver marketing and promotion for use by home care cooperatives

$50,000

NATIONAL COOPERATIVE BUSINESS ASSOC

Org PageRecipient Profile

Washington, DC

PURPOSE: To support the council of Cooperative Economists and the Cooperative IMPACT conference

$35,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Cooperative Development Foundation has recieved totaling $1,000.

Awarding OrganizationAmount
Kave Family Foundation

Portland, OR

PURPOSE: CDF MAKES GRANTS, LOANS, AND INVESTMENTS THAT SUPPORT COOPERATIVE DEVELOPMENT, STRENGTHEN MAIN STREET COOPERATIVE BUSINESSES, CREATE GOOD, SUSTAINABLE JOBS, AND ENHANCE THE LIVES OF PEOPLE AND COMMUNITIES.

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$381,151
Ending Balance$381,151

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