Overview
What is The Cornelia Dozier Cooper Endowment Fund Inc?
The Cornelia Dozier Cooper Endowment Fund Inc is a nonprofit organization situated in Somerset, Kentucky, specifically at 39 Twin Fires Lane. Their primary mission is to foster and uphold the performing arts within the Lake Cumberland region. They particularly focus on supporting school-based theater programs across a 40-county area, contributing to the cultural enrichment of the local community. The organization's activities are geared towards promoting and sustaining artistic growth and education in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Cornelia Dozier Cooper Endowment Fund Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scored well in various areas, such as having a fully independent board and a strong program expense ratio of 100%. However, the overall rating reflects some significant weaknesses, particularly in governance policies.
While the charity excels in maintaining a low liabilities to assets ratio and has documented board meeting minutes, it lacks several critical policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy. These omissions could raise concerns about transparency and risk management within the organization.
The absence of these essential governance documents may hinder the organization's credibility and operational effectiveness. Stakeholders may want to consider these factors when evaluating the charity's trustworthiness and overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Cornelia Dozier Cooper Endowment Fund Inc legitimate?
The Cornelia Dozier Cooper Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cornelia Dozier Cooper Endowment Fund 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.
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Other Salaries and Wages: $0
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What is the mission statement of The Cornelia Dozier Cooper Endowment Fund Inc?
The Cornelia Dozier Cooper Endowment Fund Inc's mission is centered around promoting and supporting the performing arts within the Lake Cumberland region. Specifically, they focus on fostering school time theater for a 40-county area. Their activities aim to encourage and strengthen the appreciation for the performing arts within the local community. The fund has been instrumental in promoting and supporting various performances and theater programs within the Lake Cumberland area.
Who is the CEO of The Cornelia Dozier Cooper Endowment Fund Inc?
Lisa Blakley is the President of The Cornelia Dozier Cooper Endowment Fund Inc.
What is the revenue of The Cornelia Dozier Cooper Endowment Fund Inc?
The Cornelia Dozier Cooper Endowment Fund Inc's revenue in 2022 was $38,860.
Who are the executives of The Cornelia Dozier Cooper Endowment Fund Inc and what are their salaries?
There 20 volunteers at The Cornelia Dozier Cooper Endowment Fund Inc.
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Where can I find the form 990 for The Cornelia Dozier Cooper Endowment Fund Inc?
The Cornelia Dozier Cooper Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Cornelia Dozier Cooper Endowment Fund Inc
The Cornelia Dozier Cooper Endowment Fund Inc is dedicated to promoting and supporting the performing arts within the Lake Cumberland area. One of their primary initiatives involves backing school time theater for a 40-county region. Through their mission, this nonprofit organization aims to enrich the cultural landscape of the area by fostering an appreciation for the performing arts among its residents, particularly the youth. By investing in school time theater, they contribute to the development of future artists and audiences, ensuring that the performing arts remain a vibrant part of the community for generations to come.
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Impact
August, 2024
The Cornelia Dozier Cooper Endowment Fund Inc's impact can be seen in the promotion and support of performing arts within the Lake Cumberland area. By supporting school-time theater programs for a 40-county area, the organization has contributed to the cultural enrichment and educational development of the community. The fund's dedication to fostering creativity and artistic expression has not only benefited individuals involved in the performing arts but has also created a positive impact on the broader community in Somerset, Kentucky.
This information is meant to be a general summary of The Cornelia Dozier Cooper Endowment Fund 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: $26,610
- Gross Receipts: $38,860
Assets and Liabilities:
- Total Assets: $572,720
- Total Liabilities: $0
- Net Assets: $572,720
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Organization Details
Founding Year
1989
Phone
(606) 679-5698Principal Officer
Lisa Blakley
Main Address
39 Twin Fires Lane, Somerset, KY, 42501
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