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The Leon and Toby Cooperman Family Foundation

Profile

Last Updated: 2016-07-17

At A Glance

The Leon and Toby Cooperman Family Foundation

(formerly Leon & Toby Cooperman Foundation)

P.O. Box 2369

Clifton, NJ United States 07015-2369

Telephone: (973) 778-8885

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2015-01-31)

Assets: $275,508,632

Total giving: $15,225,463

EIN

133102941

BRIDGE Number

6677377616

Background

Established in 1981 in NJ - Founded by Leon G. Cooperman, founder and chairman of the hedge fund firm Omega Advisors, Inc. He also served as chairman and C.E.O. of Goldman Sachs Asset Management. Leon and Toby Cooperman have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy.

Purpose and Activities

Giving primarily for the arts, particularly a performing arts center, as well as for education, health organizations and medical research, human services, and to Jewish organizations.

Fields of Interest

Subjects
  • Arts and culture
  • Business education
  • Diseases and conditions
  • Education
  • Foundations
  • Higher education
  • Human services
  • Judaism
  • Nonprofits
  • Performing arts
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Low-income and poor people
  • Students
Organizations
  • Associations
  • Community foundations
  • Judaic institutions
  • Multipurpose centers
  • Public charities

Financial Data

Year ended 2015-01-31

Assets: $275,508,632 (market value)

Gifts received: $159,000

Expenditures: $19,349,049

Total giving: $15,225,463

Qualifying distributions: $15,225,463

Giving activities include:

$15,225,463 for 143 grants (high: $3,000,000; low: $48)