Lisa and Clay Cooley Family Foundation

Private foundation · Grantmaker Dallas, TX EIN: 85-4395603

The Lisa and Clay Cooley Family Foundation is a private foundation based in Dallas, Texas. In 2024, it awarded grants to charitable organizations including a church, a university, human-services organizations, and cultural organizations.

Key facts about Lisa and Clay Cooley Family Foundation

In short: Lisa and Clay Cooley Family Foundation gave $2.6M across 30 grants in 2024 (avg $87K), mostly in Texas. 32% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
85-4395603
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,615,948
Grants made (2024)
30
Average grant
$87,198
Median grant
$10,000
New grantees (estimate)
32% first-time grantees (9 of 28, 2024)
Total assets
$4,025,962
Primary geography
Texas (98% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.0M

-13.3% YoY

Annual Giving

$2.6M

+9.9% YoY

Grant Count

30

-31.8% YoY

Avg Grant Size

$87K

+61.2% YoY

Under IRS private-foundation payout rules, Lisa and Clay Cooley Family Foundation reported a distributable amount of $148K for 2024 — the minimum it must pay out in qualifying distributions.

Is Lisa and Clay Cooley Family Foundation open to new grantees?

32%

first-time grantees, 2024

In 2024, 9 of 28 grantees (32%) were first-time recipients. First grants averaged $62K; repeat grants $108K. How we count

Medians: $5K first-time, $15K repeat.

  • 57% of 2024 grantees were also funded in 2023. Method
  • Giving grew 43% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for education, social services, arts and cultural activities, and religious ministries. For example, Southern Methodist University describes its mission as education through research and teaching, while EQUEST says it partners with horses to support the quality of life of children and adults with diverse needs.

Other recipients describe work that includes supporting pediatric cancer patients and their families (Luke’s FastBreaks), empowering people to make life-affirming choices (Council for Life), and promoting awareness of and raising funds for the Bob Bullock Texas State History Museum (Texas State History Museum Foundation).

Grantmaking

In 2024, the foundation made 30 grants totaling $2,615,948. Grants ranged from $500 to $1,200,000, with a median grant of $10,000.

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Geographic Focus

Where this funder awards grants

In 2024, 98% of grant dollars went to recipients in Texas, 1% to recipients in New York, and less than 1% to recipients in Tennessee.

Grant Distribution by State

6states

Share of 2024 grant dollars across all 30 itemized grants.

Cities

DallasRichardsonAustinAddisonArlingtonRye BrookAtlantaCarrolltonHoustonIrvingLos AngelesNashvilleAzleBronxFreeportFriscoGainesvilleHurstLubbockNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M0 grants2020 41 grants2021 43 grants2022 44 grants2023 30 grants2024

From 2021 to 2024, annual grant giving ranged from $1.8M (2021) to $2.7M (2022). In 2024 it made 30 grants totaling $2.6M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Preston Road Church of Christ: $1.2MPreston Road Church of Christ$1.2MSouthern Methodist University: $500KSouthern Methodist University$500KSalvation Army: $410K across 3 grantsSalvation Army$410K · 3 grantsCrystal Charity Ball: $147KCrystal Charity Ball$147KCommunities Foundation of Texas: $102KCommunities Foundation ofTexas$102KTexas State History Museum Foundation: $50KTexas State History MuseumFoundation$50KLeukemia and Lymphoma Society: $26KLeukemia and Lymphoma Society$26KCouncil for Life: $25KCouncil for Life$25KLuke's Fastbreaks: $24KLuke's Fastbreaks$24KThe George W Bush Foundation: $20KThe George W Bush Foundation$20K

The largest 2024 recipient was Preston Road Church of Christ ($1.2M). Together the top 10 received $2.5M.

Grant Size Distribution

158 grants across all recorded years

135<$50K7$50–100K6$100–250K3$250–500K3$500K–1M4$1–5M$5M+

The most common grant size was under $50K: 135 grants of 158 (85%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Preston Road Church of Christ Dallas, TXSupport numerous ministries while sharing the news of jesus christ$1,200,000
Southern Methodist University Dallas, TXCox School of Business Renovation and Expansion$500,000
Salvation Army Dallas, TXCapital Campaign$375,000
Crystal Charity Ball Dallas, TX2024 Fashion Show and Underwriting$147,068
Communities Foundation of Texas Dallas, TXThe Sweetheart Ball Fund$101,500
Texas State History Museum Foundation Austin, TXBlue Star Museums and Texas Independence Day Dinner$50,000
Salvation Army Dallas, TXDallas Women's Auxiliary$30,000
Leukemia and Lymphoma Society Rye Brook, NYConnect patients to services and forward research in blood cancer$26,000
Council for Life Dallas, TX2024 Celebrating Life$24,500
Luke's Fastbreaks Carrollton, TXPremier BBQ Bash Sponsor$24,400

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $4,025,962 $2,073,266 $2,688,374 $2,615,948 30
2023 $4,641,070 $2,439,052 $2,427,085 $2,380,665 44
2022 $4,629,103 $3,204,764 $2,768,174 $2,734,960 43
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$4,025,962$4,641,070$4,629,103
Revenue$2,073,266$2,439,052$3,204,764
Expenses$2,688,374$2,427,085$2,768,174
Qualifying Distributions$2,626,755$2,396,443$2,754,525
Net Investment Income$35,406$30,497$35,730
Distributable Amount$148,104$159,974$134,896

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Clay E. Cooley as president and treasurer, Lisa C. Cooley as vice president and secretary, and Chase Cooley, Ciara Cooley, and Chance Cooley as directors.

Lisa and Clay Cooley Family Foundation is led by Clay E. Cooley, President & Treasurer on every filing since 2020; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Clay E. Cooley

    President & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chance Cooley

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chase Cooley

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ciara Cooley

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lisa C. Cooley

    Vice President & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 5500 Preston Road 250, Dallas, TX 75205
Phone: (214) 780-7629

Frequently asked questions about Lisa and Clay Cooley Family Foundation

How much does Lisa and Clay Cooley Family Foundation give each year?

Lisa and Clay Cooley Family Foundation gave $2.6M across 30 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.4M across 44 grants.

What is Lisa and Clay Cooley Family Foundation's typical grant size?

Lisa and Clay Cooley Family Foundation's median grant in 2024 was $10,000, and its average grant was $87,198, across 30 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Lisa and Clay Cooley Family Foundation that year got $62K on average.

Where does Lisa and Clay Cooley Family Foundation give grants?

Lisa and Clay Cooley Family Foundation gives mostly in Texas: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Dallas, TX (23 grants) and Carrollton, TX (2 grants).

Does Lisa and Clay Cooley Family Foundation give general operating support?

Not in 2024: none of the 30 grants with a stated purpose on Lisa and Clay Cooley Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are Lisa and Clay Cooley Family Foundation's largest grantees?

Lisa and Clay Cooley Family Foundation's largest 2024 grantees include Preston Road Church of Christ ($1,200,000), Southern Methodist University ($500,000) and Salvation Army ($410,000 across 3 grants), according to its 2024 IRS Form 990-PF. Together they received 81% of its itemized 2024 grant dollars.

How large is Lisa and Clay Cooley Family Foundation?

Lisa and Clay Cooley Family Foundation reported $4.0M in total assets on its 2024 IRS Form 990-PF. It paid out $2.6M in qualifying distributions that year, against a required minimum of $148K (roughly 5% of its investment assets).

What does Lisa and Clay Cooley Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants included support for education, social services, arts and cultural activities, and religious ministries. See mission & focus areas ↑

How do I apply for a grant from Lisa and Clay Cooley Family Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Lisa and Clay Cooley Family Foundation's EIN?

Lisa and Clay Cooley Family Foundation's EIN (Employer Identification Number) is 85-4395603. IRS Form 990 filing data is available on this page for 2020–2024.

Does Lisa and Clay Cooley Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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