V V Cooke Foundation Corporation
- Assets
- $7.4m
- Revenue
- $357.1k
- Investments
- $7.3m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 04/1950
- Data as of
- 08/2023
- EIN
- 61-6033714
Organization Overview
V V Cooke Foundation Corporation is located in Louisville, KY. The organization was established in 1950. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. V V Cooke Foundation Corporation 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 08/2023, V V Cooke Foundation Corporation generated $357.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $500.9k during the year ending 08/2023. While expenses have increased by 7.2% per year over the past 4 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 2020, V V Cooke Foundation Corporation has awarded 390 individual grants totaling $1,311,186. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Cross Director | 0 | $0 | |
Robert L Hook III Director | 0 | $0 | |
Trudi Cooke Carroll Vice President | 0 | $0 | |
Joe D Cross Jr President | 0 | $0 | |
Robert L Hook Jr Secretary/treasurer | 0 | $0 | |
Carl M Thomas Executive Director | 10 | $25,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $184,375 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $172,709 |
| Capital Gain Net Income | $172,709 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $357,090 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $5,000 |
| Interest | $0 |
| Taxes | $8,470 |
| Depreciation | $0 |
| Occupancy | $2,782 |
| Travel, conferences, and meetings | $805 |
| Printing and publications | $0 |
| Other expenses | $5,100 |
| Total operating and administrative expenses | $76,547 |
| Contributions, gifts, grants paid | $424,360 |
| Total expenses and disbursements | $500,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,764 |
| 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 | $467,538 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,362,256 |
| 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, V V Cooke Foundation Corporation has awarded $424,360 in support to 100 organizations.
| Grant Recipient | Amount |
|---|---|
ALICE LLOYD COLLEGE PURPOSE: UNRESTRICTED | $2,500 |
AMERICAN RED CROSS PURPOSE: UNRESTRICTED | $3,500 |
AMERICANA WORLD COMMUNITY CENTER PURPOSE: UNRESTRICTED | $3,000 |
BAPTIST HEALTH FOUNDATION PURPOSE: UNRESTRICTED | $100,000 |
BAYLOR CENTER FOR SCHOOL LEADERSHIP PURPOSE: UNRESTRICTED | $1,000 |
BIA CARES PURPOSE: UNRESTRICTED | $2,500 |