Luther Cooke
Luther Cooke is a private foundation, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $318K in total assets. In 2025, it awarded 3 grants totaling $9K. Net investment income was $29K.
Key facts about Luther Cooke
In short: Luther Cooke gave $9K across 3 grants in 2025 (avg $3K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.
- EIN
- 05-6007387
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $9,432
- Grants made (2025)
- 3
- Average grant
- $3,144
- Median grant
- $3,144
- Total assets
- $317,798
- Primary geography
- Rhode Island (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$318K
+5.7% YoY
Annual Giving
$9K
-19.3% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$3K
+7.6% YoY
Under IRS private-foundation payout rules, Luther Cooke reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.
How Luther Cooke gives
- Giving fell 42% from 2022 to 2025. Method
- In 2025 it paid out 64% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $9K (2025) to $16K (2022). In 2025 it made 3 grants totaling $9K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Curtis Corner Bapt Ch ($3K). Together the top 3 received $9K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 19 grants of 19 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Curtis Corner Bapt Ch Wakefield, RI | Unrestricted General | $3,144 |
| First Church of God Wakefield, RI | Unrestricted General | $3,144 |
| Christ United Meth Ch Kingston, RI | Unrestricted General | $3,144 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $317,798 | $300,762 | $288,196 |
| Revenue | $33,363 | $31,267 | $9,932 |
| Expenses | $17,084 | $18,397 | $16,576 |
| Qualifying Distributions | $12,070 | $14,192 | $12,812 |
| Net Investment Income | $28,968 | $26,805 | $5,223 |
| Distributable Amount | $18,800 | $16,947 | $15,419 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 10, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 21, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 22, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 19, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 24, 2024)
Leadership & Key People
Officers and directors from IRS filings
Luther Cooke's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2021
1 hr/week
$5K (2021) → $5K (2025)
Former officers (1)
- Former: Bank Of America N A (2019–2020) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $5K, to Bank of America (Trustee).
Frequently asked questions about Luther Cooke
How much does Luther Cooke give each year?
Luther Cooke gave $9K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 4 grants.
What is Luther Cooke's typical grant size?
Luther Cooke's median grant in 2025 was $3,144, and its average grant was $3,144, across 3 grants on its 2025 IRS Form 990-PF.
Where does Luther Cooke give grants?
Luther Cooke gives mostly in Rhode Island: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Wakefield, RI (2 grants).
Does Luther Cooke give general operating support?
Yes: 100% of Luther Cooke's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Luther Cooke?
Luther Cooke reported $318K in total assets on its 2025 IRS Form 990-PF. It paid out $12K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Luther Cooke's EIN?
Luther Cooke's EIN (Employer Identification Number) is 05-6007387. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Luther Cooke by hand.
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