Jerry & Marilyn Cook Foundation Inc

WRIGHTSVILLE BEACH, NC EIN: 84-3940535

Jerry & Marilyn Cook Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WRIGHTSVILLE BEACH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 21 grants totaling $639K. Net investment income was $120K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+5.8% YoY

Annual Giving

$639K

-16.3% YoY

Grant Count

21

+0.0% YoY

Avg Grant Size

$30K

-16.3% YoY

Under IRS private-foundation payout rules, Jerry & Marilyn Cook Foundation Inc reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.

About Jerry & Marilyn Cook Foundation Inc

Based on IRS filings

Jerry & Marilyn Cook Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WRIGHTSVILLE BEACH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 21 grants totaling $639K. Net investment income was $120K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AmericusBeaufortChapel HillCharlotteElonGermantonGrenesboroMount AiryMt AiryNew YorkNewportPilot MountainRaleighResearch TriangleSanfordSneads FerrySpartaWashingtonWilmingtonWrightsville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$217K$434K$651K$868K20202021202220232024
Metric202420232022
Total Assets$1,881,892$1,779,219$1,754,932
Revenue$747,332$789,485$49,955
Expenses$641,578$765,800$55,150
Qualifying Distributions$638,950$763,600$53,250
Net Investment Income$119,704$65,264$48,055
Distributable Amount$77,145$75,849$77,127

Giving Over Time

Total grant dollars and number of grants per year

$0$191K$382K$573K$764K20 grants202025 grants202133 grants202221 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NC STATE SCHOOL OF DESIGN$625KREX HEALTHCARE FOUNDATION$3KCAPE FEAR RIVER WATCH$2KCAPE FEAR COMMUNITY COLL…$1KUNION THEOLOGICAL SEMINARY$1KWORLD CENTRAL KITCHEN$1KFELLOWSHIP HALL$500FOOD BANK OF NORTH CAROL…$500KIDS MAKING IT$500NC ALS$500

Grant Size Distribution

120 grants across all recorded years

118<$50K$50–100K$100–250K$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nc State School of Design ($625,000), Rex Healthcare Foundation ($2,500), Cape Fear River Watch ($2,000).

RecipientPurposeAmount
ALLEGANY JUNIOR APPALACHIAN MUSICIANS SPARTA, NCFINANCIAL SUPPORT$250
BANNERTOWN BAPTIST CHURCH MOUNT AIRY, NCFINANCIAL SUPPORT$150
BEAFORT HISTORICAL ASSOCIATION BEAUFORT, NCFINANCIAL SUPPORT$300
CAPE FEAR COMMUNITY COLLEGE WILMINGTON, NCFINANCIAL SUPPORT$1,000
CAPE FEAR RIVER WATCH WILMINGTON, NCFINANCIAL SUPPORT$2,000
FELLOWSHIP HALL GRENESBORO, NCFINANCIAL SUPPORT$500
FOOD BANK OF NORTH CAROLINA RALEIGH, NCFINANCIAL SUPPORT$500
KIDS MAKING IT WILMINGTON, NCFINANCIAL SUPPORT$500
NC ALS RALEIGH, NCFINANCIAL SUPPORT$500
NC STATE SCHOOL OF DESIGN RALEIGH, NCFINANCIAL SUPPORT$625,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JERRY A COOKPRESIDENT2
MARILYN S COOKVICE-PRESIDENT2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Jerry & Marilyn Cook Foundation Inc?

Jerry & Marilyn Cook Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WRIGHTSVILLE BEACH, NC. It holds $1.9M in total assets as of 2024.

How large is Jerry & Marilyn Cook Foundation Inc?

As of 2024, Jerry & Marilyn Cook Foundation Inc holds $1.9M in total assets with $747K in annual revenue. It awarded 21 grants totaling $639K in 2024.

Where does Jerry & Marilyn Cook Foundation Inc operate?

Jerry & Marilyn Cook Foundation Inc has awarded grants in District of Columbia, Georgia, North Carolina, New York.

What size grants does Jerry & Marilyn Cook Foundation Inc award?

In 2024, Jerry & Marilyn Cook Foundation Inc awarded 21 grants totaling $639K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Jerry & Marilyn Cook Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jerry & Marilyn Cook Foundation Inc reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jerry & Marilyn Cook Foundation Inc's EIN?

Jerry & Marilyn Cook Foundation Inc's EIN (Employer Identification Number) is 84-3940535. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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