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Jack Kent Cooke Foundation

Profile

Last Updated: 2016-05-29

At A Glance

Jack Kent Cooke Foundation

44325 Woodridge Pkwy.

Lansdowne, VA United States 20176-5297

Telephone: (703) 723-8000

URL: www.jkcf.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Sports

Financial Data

(yr. ended 2014-05-31)

Assets: $738,287,540

Total giving: $17,136,127

EIN

541896244

BRIDGE Number

5909473972

Additional Contact Information

Application address: Jack Kent Cooke Foundation, ACT, P.O. Box 4030, Iowa City, IA 52243

Background

Established in 1997 in VA. The foundation became active in 2000 - Founded by the late Jack Kent Cooke who was a businessman, sportsman, and philanthropist. His most well-known business interests included ownership of professional sports teams such as the NBA's Los Angeles Lakers, the NHL's Los Angeles Kings, and the NFL's Washington Redskins. He also owned a thoroughbred racing farm in Lexington, Kentucky. Numbered among his other businesses were newspapers, magazines, radio stations, cable television, and real estate holdings, including the Chrysler Building in New York City.

Purpose and Activities

The purpose of the foundation is to help young people of exceptional promise reach their full potential through education.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Advance Learning

Through its Advanced Learning grants, the foundation is increasing enrollment and success of low-income and minority students in high school Advanced Placement courses.

Artistic Advancement

The foundation recognizes that musically talented youth from low-income families often lack the funding for private lessons, master classes, quality instruments, summer programs, and performance experiences.The “Widening the Stage” grant initiative aims to expand access to advanced music instruction for talented young musicians, ages 8-18, from low-income backgrounds. Grants up to $250,000, help provide free or low-cost rigorous training through community music schools, conservatory or college preparatory programs, and summer programs to allow low-income, musically talented youth to reach their full music potential.

College Scholarship Program

The program is an undergraduate scholarship program available to high-achieving high school seniors with financial need who seek to attend and graduate from the nation's best four-year colleges and universities. Selected from a nationwide pool of applicants, up to 40 students will become Jack Kent Cooke Scholars and have access to funding up to $40,000 per year to attend a four-year accredited undergraduate school. The application is available to students only during their senior year. The application is open from early Sept. through early Nov. The applications are reviewed Dec. through Feb., and final notifications are made in mid-Mar. The student application is an online form to be completed by the applicant.

Good Neighbor Grants

The program was established to identify and strengthen ties with youth-serving nonprofit organizations in the Northern Virginia, metropolitan Washington, DC, and Maryland areas that are helping students with significant financial need reach their fullest potential through education.Selected grantees will receive a one-time grant of between $10,000 - $35,000 that may be used over a one-year period. Funding is intended for application towards specific project or program-based costs. See web site for eligibility requirements, proposal form and deadlines.

Grants to Individuals Program

Financial assistance and academic support to outstanding high school undergraduate and graduate students.

Summer Enrichment Program

Through this program the foundation awards grants up to $250,000 per year to nonprofit organizations or universities who provide access to high-quality summer enrichment programs for high-achieving low-income students entering grades 6 through 12.

Talent Development Award

This award recognizes exemplary practices that transform high-potential, economically disadvantaged elementary and middle school students into high achievers. The award is a one-time $500,000 grant intended to catalyze an organization’s work, bring strategies to a broader scale, and amplify conversations around one approach to cultivating potential. The award is open to tax-exempt public university or public charity 501(c)(3) not-for-profit organizations. Applicant organization must provide educational services to students in elementary and/or middle grades (K-8) through in-school or out-of-school time programming. Arts-based organizations serving K-8 students are eligible to apply.

Twice Exceptional Students

Twice-Exceptional Education grants are designed to ensure that extraordinary students who possess a high level of academic ability as well as learning differences receive necessary academic resources. While federal law mandates that students with learning disabilities receive educational assistance, no similar mandate exists to ensure that “twice-exceptional” students receive the extra academic challenges necessary to nurture their talents. The Twice-Exceptional Education Grants are designed to serve lower-income students with both kinds of exceptionalities.

Undergraduate Transfer Scholarship Program

This program honors excellence by supporting outstanding community college students with financial need as they transfer to and complete their bachelor’s degrees at the nation’s top four-year colleges and universities. The foundation selects approximately 85 deserving students each year and awards each scholar up to $40,000 annually. Each award is intended to cover a significant share of the student’s educational expenses – including tuition, living expenses, books and required fees – for the final two to three years necessary to achieve a bachelor’s degree. Awards vary by individual, based on the cost of tuition as well as other grants or scholarships he or she may receive. The application process has two phases. The phase one application will include an online application and one online recommendation from a professor or instructor at applicant's community college. Selected applicants from phase one will be invited to submit additional information in phase two of the application process .

Young Artist Award

Each year the Top’s Jack Kent Cooke Young Artist Award Program provides 20 outstanding young musicians who demonstrate financial need with a $10,000 scholarship to advance their artistic development and education. Jack Kent Cooke Young Artists range from age 8 to 18 and hail from all across the United States and abroad. Applicants should be classical instrumentalists, vocalists, and composers (ages 8 to18) who have not yet entered college during the academic year and must be interested in performing on From the Top, and demonstrate (in order of importance) exceptional musical achievement, unmet financial need, solid academic achievement, and strength of character. For more application information visit: http://www.fromthetop.org/node/64 .

Young Scholars Program

The program enables high-ability middle and high school students with financial need to realize their full academic potential. Scholars receive comprehensive advising and financial support from the 8th grade through high school. Family income must not exceed $95,000. The application is available to students only during their 7th grade year. The online application opens in mid-January and closes mid-March. The applications are reviewed April through August, and final notifications are made in early fall of the applicant’s 8th grade year.

Fields of Interest

Subjects
  • Community college education
  • Education
  • Higher education
  • Undergraduate education
  • University education
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-05-31

Assets: $738,287,540 (market value)

Gifts received: $5,471,804

Expenditures: $31,667,931

Total giving: $17,136,127

Qualifying distributions: $31,925,342