Robert J & Loretta W Cooney Family Foundation
- Assets
- $1.3m
- Revenue
- $207.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/2002
- Data as of
- 12/2023
- EIN
- 36-4408645
Organization Overview
Robert J & Loretta W Cooney Family Foundation is located in Chicago, IL. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Robert J & Loretta W Cooney 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 12/2023, Robert J & Loretta W Cooney Family Foundation generated $207.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.8%) each year. All expenses for the organization totaled $616.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Robert J & Loretta W Cooney Family Foundation has awarded 68 individual grants totaling $2,226,310. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Cooney Jr Director - Part | 0 | $0 | |
Loretta W Cooney Director - Part | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $441 |
| Dividends & Interest | $42,678 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $164,822 |
| Capital Gain Net Income | $164,822 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $207,941 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $12,759 |
| Contributions, gifts, grants paid | $604,110 |
| Total expenses and disbursements | $616,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,482 |
| 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 | $1,283,222 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,341,704 |
| 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 |
Grants Awarded
Over the last fiscal year, Robert J & Loretta W Cooney Family Foundation has awarded $604,110 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
OAK PARK COUNTRY CLUB FOUNDATION PURPOSE: GENERAL CHARITABLE | $5,000 |
PROVIDENCE ST MEL SCHOOL PURPOSE: GENERAL CHARITABLE | $16,000 |
BIG SHOULDERS FUND PURPOSE: GENERAL CHARITABLEGENERAL CHARITABLE | $100,000 |
BOSTON COLLEGE PURPOSE: GENERAL CHARITABLE | $210,000 |
DANIEL MURPHY SCHOLARSHIP FOUNDATION PURPOSE: GENERAL CHARITABLE | $10,000 |
SAN MIGUEL SCHOOL PURPOSE: GENERAL CHARITABLE | $5,000 |