William A Cooke Foundation
- Assets
- $14.0m
- Revenue
- $1.2m
- Investments
- $10.1m
- Employees
- 0
- Location
- Louisa, VA
- Founding
- 04/2001
- Data as of
- 12/2022
- EIN
- 54-2012726
Organization Overview
William A Cooke Foundation is located in Louisa, VA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. William A Cooke 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, William A Cooke Foundation generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William A Cooke Foundation has awarded 692 individual grants totaling $7,297,737. 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
PROVIDE SCHOLARSHIPS TO ATTEND COLLEGE FOR QUALIFIED GRADUATING HIGH SCHOOL STUDENTS FROM LOUISA AND ORANGE COUNTIES, VIRGINIA.32 SCHOLARSHIPS AWARDED IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall L Tingler Chairman | 1 | $0 | |
Rebecca B Cavanaugh V.president/ | 1 | $300 | |
Linda Parker Director | 1 | $700 | |
J Douglas Straley Director | 1 | $1,100 | |
George D Yancey Director | 1 | $700 | |
Deborah Pettit Director | 1 | $900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $350,000 |
| Interest on Savings | $349,827 |
| Dividends & Interest | $108,387 |
| Net Rental Income | -$62,418 |
| Net Gain on Sale of Assets | $265,541 |
| Capital Gain Net Income | $265,541 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,246,133 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,700 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $410,915 |
| Total operating and administrative expenses | $433,674 |
| Contributions, gifts, grants paid | $679,249 |
| Total expenses and disbursements | $1,112,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,224,664 |
| Savings and temporary cash investments | $31,648 |
| Net Accounts receivable | $68,666 |
| 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 | $4,810,404 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,566,272 |
| Other assets | $0 |
| Total assets | $13,995,270 |
| Accounts payable and accrued expenses | $3,835 |
| Grants payable | $1,326,308 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $27,948 |
| Total liabilities | $1,358,091 |
Grants Awarded
Over the last fiscal year, William A Cooke Foundation has awarded $857,379 in support to 149 organizations.
| Grant Recipient | Amount |
|---|---|
ALAYNA ROSE CAMPBELL PURPOSE: SCHOLARSHIP | $5,000 |
ALEXIS NICOLE MILLER PURPOSE: SCHOLARSHIP | $5,000 |
AMBER DAWN THOMPSON PURPOSE: SCHOLARSHIP | $500 |
ANNA HALEY GROFF PURPOSE: SCHOLARSHIP | $5,000 |
ANYIA LEE BROWN PURPOSE: SCHOLARSHIP | $1,250 |
AVERY CLAIRE MCNAMEE PURPOSE: SCHOLARSHIP | $1,250 |