V V Cooke Foundation Corporation
- Assets
- $7.5m
- Revenue
- $652.6k
- Investments
- $7.5m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 04/1950
- Data as of
- 08/2022
- 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 08/2022, V V Cooke Foundation Corporation generated $652.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $406.2k during the year ending 08/2022. While expenses have increased by 8.7% 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 389 individual grants totaling $1,182,697. 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 |
|---|---|---|---|
Carl M Thomas Executive Director | 10 | $25,000 | |
Robert L Hook Jr Secretary/treasurer | 0 | $0 | |
Trudi Cooke Carroll Vice President | 0 | $0 | |
Jennifer Cross Director | 0 | $0 | |
Joe D Cross Jr President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $53 |
| Dividends & Interest | $203,336 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $449,256 |
| Capital Gain Net Income | $449,256 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $652,645 |
| 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 | $16,630 |
| Depreciation | $0 |
| Occupancy | $2,754 |
| Travel, conferences, and meetings | $694 |
| Printing and publications | $495 |
| Other expenses | $2,392 |
| Total operating and administrative expenses | $100,607 |
| Contributions, gifts, grants paid | $305,555 |
| Total expenses and disbursements | $406,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,095 |
| 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 | $370,618 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,506,073 |
| 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 $305,555 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
BAPTIST HEALTH FOUNDATION PURPOSE: UNRESTRICTED | $50,000 |
SUNRISE CHILDREN'S SERVICES PURPOSE: UNRESTRICTED | $15,000 |
THE HEALING PLACE PURPOSE: UNRESTRICTED | $12,000 |
Georgetown, KY PURPOSE: UNRESTRICTED | $10,000 |
YMCA OF GREATER LOUISVILLE PURPOSE: UNRESTRICTED | $10,000 |
Louisville, KY PURPOSE: UNRESTRICTED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |