Cooper-Newell Foundation
- Assets
- $25.4m
- Revenue
- -$1.0m
- Investments
- $21.7m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 12/2001
- Data as of
- 12/2022
- EIN
- 91-2088813
Organization Overview
Cooper-Newell Foundation is located in Seattle, WA. 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. Cooper-Newell Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Cooper-Newell Foundation has awarded 97 individual grants totaling $2,178,965. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Cooper President/treasurer | 20 | $80,000 | |
Mark Cooper Vice-President/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $273,700 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,287,138 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,013,438 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $16,237 |
| Interest | $0 |
| Taxes | $27,113 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $176,591 |
| Total operating and administrative expenses | $429,288 |
| Contributions, gifts, grants paid | $1,464,865 |
| Total expenses and disbursements | $1,894,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,186,675 |
| 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 | $5,465,726 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,520,691 |
| Total assets | $25,415,931 |
| 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 | $6,760 |
| Total liabilities | $6,760 |
Grants Awarded
Over the last fiscal year, Cooper-Newell Foundation has awarded $1,464,865 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
WAKEFIELD MUSEUM ASSOCIATION PURPOSE: EDUCATION | $136,365 |
UNICEF (UKRANIAN CHILDRENS FUND) PURPOSE: EDUCATION | $5,000 |
SOUND ACTION PURPOSE: ENVIRONMENT | $1,000 |
PUGET SOUNDKEEPER PURPOSE: ENVIRONMENT | $5,000 |
NORTHWEST MARITIME CENTER PURPOSE: EDUCATION | $120,000 |
NATIONAL NORDIC MUSEUM PURPOSE: EDUCATION, ARTS, ENVIRONMENT | $1,000,000 |