William A Cooke Foundation
- Assets
- $13.8m
- Revenue
- $2.3m
- Investments
- $9.7m
- Employees
- 0
- Location
- Louisa, VA
- Founding
- 04/2001
- Data as of
- 12/2021
- 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 12/2021, William A Cooke Foundation generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 8.4% 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 2015, William A Cooke Foundation has awarded 509 individual grants totaling $5,667,808. 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
2021
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 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Douglas Straley Director | 1 | $1,200 | |
Linda Parker Director | 1 | $1,000 | |
Deborah Pettit Director | 1 | $1,000 | |
George D Yancey Director | 1 | $900 | |
Rebecca B Cavanaugh V.president/ | 1 | $0 | |
Randall L Tingler Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $730,000 |
| Interest on Savings | $407,598 |
| Dividends & Interest | $77,190 |
| Net Rental Income | $14,073 |
| Net Gain on Sale of Assets | $847,295 |
| Capital Gain Net Income | $847,295 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,321,427 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,100 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $394,166 |
| Total operating and administrative expenses | $408,526 |
| Contributions, gifts, grants paid | $1,628,503 |
| Total expenses and disbursements | $2,037,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,790,113 |
| Savings and temporary cash investments | $31,577 |
| Net Accounts receivable | $64,699 |
| 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 | $4,567,964 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,244,844 |
| Other assets | $0 |
| Total assets | $13,844,190 |
| Accounts payable and accrued expenses | $3,835 |
| Grants payable | $1,308,438 |
| 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 | $1,340,221 |
Grants Awarded
Over the last fiscal year, William A Cooke Foundation has awarded $1,757,316 in support to 107 organizations.
| Grant Recipient | Amount |
|---|---|
LOUISA COUNTY LITTLE LEAGUE PURPOSE: BASEBALL/SOFTBALL COMPLEX | $1,000,000 |
INDUSTRIAL DEVELOPMENT AUTHORITY PURPOSE: ECONOMIC DEVELOPMENT | $359,003 |
SHRINERS HOSPITAL FOR CHILDREN PURPOSE: MEDICAL CARE FOR CHILDREN | $25,000 |
JAYDEN DESHAWN WARREN PURPOSE: SCHOLARSHIP | $17,500 |
KADIRRA LE BRAE THURSTON PURPOSE: SCHOLARSHIP | $17,500 |
DANIELLE JO PERRY PURPOSE: SCHOLARSHIP | $17,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Foundation For The Greatest Good Fulton, MD | $11,551,864 | $19,462,876 |
Young Mens Christian Association Of The Chesapeake Inc Easton, MD | $84,208,847 | $28,289,184 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Speer Foundation Brentwood, TN | $160,979,713 | $8,246,449 |
The Haslam 3 Foundation Inc Knoxville, TN | $5,285,692 | $10,045,433 |
Laszlo N Tauber Family Foundation Inc North Bethesda, MD | $0 | $1,758,712 |
Breakthrough Prize In Life Sciences Foundation Washington, DC | $615,230 | $10,652,847 |
Scarlett Family Foundation Nashville, TN | $163,054,305 | $18,551,241 |