Cooper Family Foundation is located in Toledo, OH. The organization was established in 2018. 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. Cooper 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 12/2022, Cooper Family Foundation generated $361.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Cooper Family Foundation has awarded 25 individual grants totaling $2,119,920. 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
PROVISION OF OPERATING SPACE FOR CHARITABLE PURPOSES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James D Cooper Trustee | 0.1 | $0 | |
Kimberly A Cooper Trustee | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $601,000 |
| Interest on Savings | $4,430 |
| Dividends & Interest | $24,989 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$269,405 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $919 |
| Other Income | $0 |
| Total Revenue | $361,933 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $707 |
| Depreciation | $14,947 |
| Occupancy | $309 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,023 |
| Total operating and administrative expenses | $19,666 |
| Contributions, gifts, grants paid | $1,443,500 |
| Total expenses and disbursements | $1,463,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306,665 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,433,298 |
| 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 |
Over the last fiscal year, Cooper Family Foundation has awarded $1,443,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CRU FOUNDATION PURPOSE: CHARITABLE PURPOSE | $17,500 |
FIVE LAKES CHURCH PURPOSE: CHARITABLE PURPOSE | $800,000 |
RELIANT PURPOSE: CHARITABLE PURPOSE | $25,000 |
YOUNG LIFE PURPOSE: CHARITABLE PURPOSE | $581,000 |
FIRST BAPTIST CHURCH PURPOSE: CHARITABLE PURPOSE | $10,000 |
VERVE CHURCH PURPOSE: CHARITABLE PURPOSE | $10,000 |