Madison Alexander Cooper And Martha Roane Cooper Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 741272389 ✦ Waco, TX ✦ Designated as a 501(c)(3)

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Overview

What is Madison Alexander Cooper And Martha Roane Cooper Foundation?

The Madison Alexander Cooper and Martha Roane Cooper Foundation is a philanthropic organization based in Waco, Texas. Its primary focus is on community building and social services within the Waco area. The foundation supports various initiatives by granting funds to local nonprofit organizations. These grants have been utilized for purposes such as organizing a community awareness event about foster care, providing race equity trainings, offering grief resources, assisting families recovering from home fires, supporting blood drives, funding a Habitat for Humanity home, conducting an organizational assessment, covering operational expenses, and investing in a donor management system, among others. The foundation's mission is to contribute to making Waco, Texas a more attractive city by providing financial aid to local nonprofits. In the fiscal year, they also funded engagements with neighborhood residents, CASA staff positions, programming for high school to workforce and college transition, Girl Scouts Beyond Bars, a legal advocate at the Family Abuse Center, renovations and capital projects at Talitha Koum, operating funds for Prosper Waco, and the Partners for Places program to support composting and gardening education. The foundation has a small team of two employees dedicated to their cause.


Official website here: www.cooperfdn.org

Is Madison Alexander Cooper And Martha Roane Cooper Foundation legitimate?

Madison Alexander Cooper And Martha Roane Cooper Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Alexander Cooper And Martha Roane Cooper Foundation 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: $197,395

For more financial information, click here


Official website here: www.cooperfdn.org

What is the mission statement of Madison Alexander Cooper And Martha Roane Cooper Foundation?

The Madison Alexander Cooper and Martha Roane Cooper Foundation's mission is centered around enhancing the livability of cities, specifically in this case, by providing grants to local nonprofit organizations. This is executed by focusing on four key areas, one of which is community building and social services. During the fiscal year, grants were disbursed for various purposes such as organizing a community awareness event about foster care, providing race equity trainings for community leaders, offering grief resources, aiding families recovering from home fires, supporting blood drives, and funding initiatives to build affordable housing, among others. The foundation also contributes to organizational assessments, operating expenses, donor management systems, and engages with neighborhood residents, among other activities.


Official website here: www.cooperfdn.org

Who is the CEO of Madison Alexander Cooper And Martha Roane Cooper Foundation?

Felicia Goodman is the Chairman of Madison Alexander Cooper And Martha Roane Cooper Foundation.


Official website here: www.cooperfdn.org

What is the revenue of Madison Alexander Cooper And Martha Roane Cooper Foundation?

Madison Alexander Cooper And Martha Roane Cooper Foundation's revenue in 2023 was $1,652,034.


Official website here: www.cooperfdn.org

Who are the executives of Madison Alexander Cooper And Martha Roane Cooper Foundation and what are their salaries?

The average compensation at Madison Alexander Cooper And Martha Roane Cooper Foundation during 2023 was $98,698. There are 2 employees at Madison Alexander Cooper And Martha Roane Cooper Foundation.


Here are 8 key members and their salaries:


Dr Roland Goertz (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lacy (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Shields (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Fisseler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Morrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Dupuy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Nesbitt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia Chase Goodman (Executive Director)
  • Compensation: $130,895
  • Related: $0
  • Other: $0


Official website here: www.cooperfdn.org

Where can I find the form 990 for Madison Alexander Cooper And Martha Roane Cooper Foundation?

Madison Alexander Cooper And Martha Roane Cooper Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cooperfdn.org

Learn more at the official website: www.cooperfdn.org

Mission Statement of Madison Alexander Cooper And Martha Roane Cooper Foundation

The Madison Alexander Cooper and Martha Roane Cooper Foundation is committed to enhancing the livability of cities, specifically focusing on Waco, Texas. They achieve this goal by providing grants to local nonprofit organizations. One of their key focus areas is community building and social services in the Waco area. During the fiscal year, they funded various initiatives, including a community awareness event about foster care, race equity trainings for community leaders, grief resource books and oxygen concentrators for hospice patients and their families, financial assistance to families recovering from a home fire, support for blood drives, and numerous other projects. The foundation's grants have also been instrumental in supporting organizations such as Prosper Waco, Talitha Koum, and Partners for Places, among others, contributing to the betterment of the community in various ways.

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Impact




October, 2024

The Madison Alexander Cooper and Martha Roane Cooper Foundation substantially enhances the quality of life in Waco, Texas, through its targeted grant-making initiatives. It focuses on community building and social services, addressing critical needs in the area.

Recent grants have facilitated a range of impactful projects including a community awareness event on foster care, which helps raise awareness and support for vulnerable children. The foundation also invests in race equity training for community leaders, promoting inclusivity and social justice. Essential resources such as grief resource books and oxygen concentrators have been provided for hospice patients and their families, demonstrating a commitment to compassion and care during difficult times.

Financial support has been extended to families recovering from home fires, illustrating a focus on immediate assistance in crisis situations. The foundation has also supported blood drives and collaborated on a matching gift initiative to fund a Habitat for Humanity home, improving housing stability for families in need.

Ongoing projects include programming designed to support the transition from high school to college or the workforce, legal advocacy for victims of abuse, and renovations at local service facilities like Talitha Koum. Additionally, partnerships that promote composting and gardening education have been funded, supporting sustainable practices within the community.

Through these diverse initiatives, the foundation not only addresses immediate needs but also invests in long-term solutions that foster a more resilient and vibrant Waco.




This information is meant to be a general summary of Madison Alexander Cooper And Martha Roane Cooper Foundation. 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.

Revenue
$1,652,034 (2023)
Expenses
$2,792,777 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,625,864
  • Gross Receipts: $10,571,420

Assets and Liabilities:

  • Total Assets: $86,534,551
  • Total Liabilities: $319,326
  • Net Assets: $86,215,225

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Organization Details

Founding Year

1943

Principal Officer

Felicia Goodman

Main Address

1801 AUSTIN AVE, WACO, TX, 76701

NTEE Category

Code: T30 - Philanthropy

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