Overview
What is The Cooper Foundation Inc?
The Cooper Foundation Inc, based in Camden, New Jersey, serves as the philanthropic and community outreach division of the Cooper Health System. Its primary mission is to support the charitable purposes, programs, and services of the Cooper Health System, ensuring equitable medical care for all individuals, regardless of their race, color, creed, sex, national origin, religion, or ability to pay. The foundation achieves this by relying on financial support from various donors, including philanthropic donors, foundation-sponsored events, corporate giving, grants, capital campaign support, corporate matching gifts, and various other donations or gifts. By doing so, The Cooper Foundation Inc plays a vital role in enhancing the quality of life in their community and furthering the Cooper Health System's mission.
Official website here: www.foundation.cooperhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Cooper Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The overall score is notably derived from a singular focus on financial metrics, showcasing the organization's strong commitment to transparency and responsible management of its resources. The foundation's independent board comprises 74% members, which adds to its governance strength.
The foundation demonstrates exceptional financial health, with a low liabilities to assets ratio of 13.57%, indicating solid asset management. Its program expense ratio is also impressive at 75.81%, meaning that a significant portion of its expenditures is directed towards its mission-related activities. Furthermore, the organization maintains a high level of fundraising efficiency, with minimal costs incurred in raising funds.
Overall, The Cooper Foundation Inc exemplifies best practices in nonprofit governance and financial management, backed by thorough auditing and oversight protocols. There are no noted limitations in the data, positioning the foundation as a reliable and well-managed entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Cooper Foundation Inc legitimate?
The Cooper Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cooper Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.foundation.cooperhealth.org
What is the mission statement of The Cooper Foundation Inc?
The Cooper Foundation Inc's primary mission is to support the charitable purposes, programs, and services of The Cooper Health System, a non-profit organization that provides medically necessary healthcare services to individuals in a non-discriminatory manner, irrespective of factors such as race, color, creed, sex, national origin, religion, or ability to pay. The Foundation's objective aligns with that of The Cooper Health System, aiming to enhance and advance the delivery of healthcare services.
Official website here: www.foundation.cooperhealth.org
Who is the CEO of The Cooper Foundation Inc?
Robert Ortiz is the Principal Officer of The Cooper Foundation Inc.
Official website here: www.foundation.cooperhealth.org
What is the revenue of The Cooper Foundation Inc?
The Cooper Foundation Inc's revenue in 2022 was $6,747,500.
Official website here: www.foundation.cooperhealth.org
Who are the executives of The Cooper Foundation Inc and what are their salaries?
There 20 volunteers at The Cooper Foundation Inc.
Here are 31 key members and their salaries:
- Compensation: $0
- Related: $1,094,490
- Other: $28,117
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- Related: $2,673,849
- Other: $191,084
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- Related: $2,773,766
- Other: $191,787
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- Related: $779,316
- Other: $19,234
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- Related: $497,271
- Other: $39,906
- Compensation: $0
- Related: $451,714
- Other: $60,731
- Compensation: $0
- Related: $372,524
- Other: $44,111
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- Related: $288,471
- Other: $38,804
- Compensation: $0
- Related: $139,020
- Other: $25,810
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $499,121
- Other: $43,362
Official website here: www.foundation.cooperhealth.org
Where can I find the form 990 for The Cooper Foundation Inc?
The Cooper Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.cooperhealth.org
Learn more at the official website: www.foundation.cooperhealth.org
Mission Statement of The Cooper Foundation Inc
The Cooper Foundation Inc is committed to supporting the charitable purposes, programs, and services of The Cooper Health System. This organization's primary objective is to uphold the exempt purpose of its related tax-exempt entity, The Cooper Health System, which provides medically necessary healthcare services to all individuals in a non-discriminatory manner, regardless of factors such as race, color, creed, sex, national origin, religion, or ability to pay. The Cooper Foundation Inc serves as a vital partner, contributing to the mission of The Cooper Health System, and collectively, they strive to enhance access to quality healthcare for all individuals.
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Impact
October, 2024
The Cooper Foundation Inc significantly enhances the quality of life in Camden, NJ, by supporting the charitable initiatives and health services of the Cooper Health System. Its philanthropic efforts ensure that the community has access to exceptional medical care and services, emphasizing a patient-centered and family-focused approach. By mobilizing financial support through donations, corporate partnerships, and organized events, the foundation plays a crucial role in achieving its mission to provide medically necessary healthcare to all individuals, regardless of their background or financial means. This commitment not only improves health outcomes but also fosters a culture of compassion and care within the community, ultimately making a lasting impact on the lives of countless patients and their families.
This information is meant to be a general summary of The Cooper Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,538,545
- Gross Receipts: $29,629,436
Assets and Liabilities:
- Total Assets: $76,424,260
- Total Liabilities: $10,374,499
- Net Assets: $66,049,761
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Organization Details
Founding Year
1978
Phone
(856) 382-6502Principal Officer
Robert Ortiz
Main Address
1 FEDERAL STREET NW2-400, CAMDEN, NJ, 08103
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