Addison P Cook Iii Foundation
- Assets
- $1.4m
- Revenue
- $153.1k
- Investments
- $1.0m
- Employees
- 0
- Location
- Jackson, MI
- Founding
- 06/2006
- Data as of
- 09/2023
- EIN
- 76-0802655
Organization Overview
Addison P Cook Iii Foundation is located in Jackson, MI. The organization was established in 2006. 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. Addison P Cook Iii 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 09/2023, Addison P Cook Iii Foundation generated $153.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $248.8k during the year ending 09/2023. While expenses have increased by 9.1% per year over the past 8 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, Addison P Cook Iii Foundation has awarded 160 individual grants totaling $1,378,000. 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 |
|---|---|---|---|
Addison P Cook III President | 0 | $0 | |
Paul A Cook Director | 0 | $0 | |
Dennis C Regan Treasurer | 0 | $0 | |
Daniel M Machnik Director | 0 | $0 | |
Michael Falahee Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $149,141 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $153,141 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,995 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,270 |
| Total operating and administrative expenses | $13,765 |
| Contributions, gifts, grants paid | $235,000 |
| Total expenses and disbursements | $248,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,248 |
| 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 | $1,378,529 |
| 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, Addison P Cook Iii Foundation has awarded $235,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
JACKSON DISTRICT LIBRARY PURPOSE: GENERAL FUND | $5,000 |
JACKSON COLLEGE FOUNDATION PURPOSE: GENERAL FUND | $10,000 |
MICHIGAN COLLEGE ALLIANCE PURPOSE: GENERAL FUND | $2,500 |
MICHIGAN THEATRE OF JACKSON PURPOSE: RESTORATION PROJECTS | $70,000 |
ELLA SHARP MUSEUM PURPOSE: GENERAL FUND | $15,000 |
JACKSON MICHIGAN CHORALE PURPOSE: GENERAL FUND | $3,000 |