The Cooper Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO SUPPORT THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF THE COOPER HEALTH SYSTEM, A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, AND ITS AFFILIATES WHICH PROVIDE MEDICALLY NECESSARY (SEE SCHEDULE O) HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, RELIGION OR ABILITY TO PAY.
- Income
- $8.4 million
- Spending
- $4.5 million
- Spent on programs
- 87%
- Reserves
- 85.4 months of spending
- Largest source of income
- donations and private grants, 68%
- Employees
- 0
- Volunteers
- 14
- Highest pay
- $3.4 million, trustee (co-president chs)
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover 85.4 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
15 of 15Income exceeded spending by 46% of income.
Income trend
15 of 15Income rose 21% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100.
Independent board
25 of 2514 of 21 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $3.9 million spent. THE COOPER FOUNDATION (FOUNDATION) IS THE PHILANTHROPIC AND COMMUNITY OUTREACH ARM OF THE COOPER HEALTH SYSTEM (COOPER). THE FOUNDATION ASSISTS COOPER IN ACHIEVING ITS GOALS OF IMPROVING THE QUALITY OF LIFE IN OUR COMMUNITY AND PROVIDING EXCEPTIONAL MEDICAL CARE AND SERVICE FOR EVERY PATIENT, EVERY DAY, IN A PATIENT-CENTERED, FAMILY-FOCUSED ENVIRONMENT. THE FOUNDATION PROVIDES VARIOUS OPPORTUNITIES AND OPTIONS FOR DONORS TO SUPPORT COOPER'S MISSION. THE FOUNDATION RELIES UPON FINANCIAL SUPPORT FROM PHILANTHROPIC DONORS, FOUNDATION SPONSORED EVENTS, CORPORATE GIVING, GRANTS, CAPITAL CAMPAIGN SUPPORT, CORPORATE MATCHING GIFTS AND VARIOUS OTHER DONATIONS OR GIFTS. (SEE SCHEDULE O) THE FOUNDATION HOSTS A VARIETY OF SIGNATURE EVENTS THROUGHOUT THE YEAR THAT RAISE FUNDS TO SUPPORT THE MISSION OF COOPER WHICH INCLUDES BUT IS NOT LIMITED TO: COOPER RED HOT GALA, PINK ROSES TEAL MAGNOLIAS FOR BREAST AND GYNECOLOGIC CANCER RESEARCH AND CLINICAL PROGRAMS, THE JIM FIFIS LUNG CANCER RESEARCH FUND AND A TRIBUTE TO CHILDREN'S REGIONAL HOSPITAL. IN ADDITION TO SPECIFIC EVENTS FOR GIVING, THE FOUNDATION PROVIDES OPPORTUNITIES FOR DONORS TO SUPPORT PROGRAMS AND INITIATIVES FOCUSED ON PATIENT CARE AND EDUCATION, COMMUNITY PROGRAMS, AND RESEARCH TO SUPPORT BETTER TREATMENTS AND CURES. THE FOUNDATION ALSO PROVIDES THE OPTIONS TO HONOR, CELEBRATE OR REMEMBER A LOVED ONE, EXPRESS GRATITUDE TO A MEMBER OF A LOVED ONE'S CARE TEAM, OR TO CELEBRATE A LIFE MILESTONE OR SPECIAL OCCASION THROUGH A GIFT THAT SUPPORT PROGRAMS OR SERVICES FOR OUR PATIENTS, FAMILIES AND THE COMMUNITY. AS COOPER'S COMMUNITY OUTREACH ARM, THE FOUNDATION BUILDS STRONG PARTNERSHIPS WITH LOCAL CIVIC ASSOCIATIONS, NON-PROFIT PROVIDERS AND OTHER ORGANIZATIONS TO SUPPORT HOUSING REHABILITATION AND COMMUNITY DEVELOPMENT PROJECTS, EDUCATION INITIATIVES, COMMUNITY HEALTH OUTREACH, WORKFORCE DEVELOPMENT EFFORTS, AND OTHER INITIATIVES THAT SUPPORT REVITALIZATION AND THE CHILDREN AND FAMILIES IN CAMDEN.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1978.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.