Nonprofit · EIN 54-6828582
MAX AND LORAYNE COOPER FOUNDATION
Also known as MAX COOPER TTEE
Tax-exempt · BIRMINGHAM, AL 35213
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,739,164 | $2,913,089 | -$1,173,925 | $25,526,362 | $3,009 | $25,523,353 |
| December 31, 2023 | 990-PF | $967,199 | $2,235,936 | -$1,268,737 | $26,690,829 | $3,009 | $26,687,820 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $855
- Dividends
- $794,845
- Net gain from sales of assets
- $943,464
Expenses
- Grants and similar amounts paid
- $2,557,345
- Compensation of officers, directors and key employees
- $100,000
- Salaries, compensation and benefits (total)
- $100,000
- Disbursements for charitable purposes
- $2,624,015
- Excise tax on investment income
- $21,781
Balance sheet and other
- Total assets, start of year
- $26,690,829
- Total assets, end of year
- $25,526,362
- Total liabilities, end of year
- $3,009
- Net assets, end of year
- $25,523,353
- Fair market value of assets
- $32,134,965
- Qualifying distributions
- $2,624,015
- Net investment income
- $1,738,309
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTIN SOLOMON 1160 BEACON STREET, BROOKLINE, MA 02246 | TRUSTEE | 4 | $50,000 |
| SAMUEL A DIPIAZZA JR 448 CIRCLE DRIVE, DENVER, CO 80206 | TRUSTEE | 4 | $50,000 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTIN SOLOMON 1160 BEACON STREET, BROOKLINE, MA 02246 | TRUSTEE | 4 | $50,000 |
| SAMUEL A DIPIAZZA JR 112 E 74TH STREET, NEW YORK, NY 10021 | TRUSTEE | 4 | $50,000 |
Address and contacts
- Address (IRS master file)
- 3708 COUNTRY CLUB DR APT B, BIRMINGHAM, AL 35213-2853
- Signed the 990-PF
- SAM DIPIAZZA, TRUSTEE
- Phone
- (205) 879-6122
- Return prepared by
- DIPIAZZA LAROCCA HEETER & CO LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 54-6828582
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $25,526,362
- Income (IRS master file)
- $12,475,069
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,739,164 | $2,913,089 | $25,526,362 | XML |
| 990-PF | December 2023 | $967,199 | $2,235,936 | $26,690,829 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-6828582).
Questions about MAX AND LORAYNE COOPER FOUNDATION
- What is the EIN of MAX AND LORAYNE COOPER FOUNDATION?
- The employer identification number (EIN) of MAX AND LORAYNE COOPER FOUNDATION is 54-6828582.
- Is MAX AND LORAYNE COOPER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to MAX AND LORAYNE COOPER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MAX AND LORAYNE COOPER FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MAX AND LORAYNE COOPER FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAX AND LORAYNE COOPER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MAX AND LORAYNE COOPER FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $50,000 (MARTIN SOLOMON, TRUSTEE).
- How much revenue does MAX AND LORAYNE COOPER FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,739,164, expenses of $2,913,089 and total assets of $25,526,362 at year end.
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