TOTAL REVENUE - FISCAL 2025
$180,694,190
Up 90.0% from $95,102,171 in fiscal 2024.
Wi Cook Foundation Inc
Fort Worth, Texas - EIN 75-2051649 - Latest filing: fiscal 2025 (Oct 1, 2024 - Sep 30, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Aug 14, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Aug 14, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Wi Cook Foundation Inc reported $180,694,190 in revenue and $64,584,867 in expenses in fiscal 2025, a surplus of $116,109,323 for the year. Program services took $42,975,279 of expenses, or 66.5%. The organization closed the year with $5,104,293,730 in net assets - about 948.4 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$64,584,867
Revenue minus expenses: $116,109,323 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
66.5%
$42,975,279 of $64,584,867 went to program services.
NET ASSETS - END OF FISCAL 2025
$5,104,293,730
Total assets $5,252,342,480 minus total liabilities $148,048,750.
TOP EXECUTIVE PAY - FISCAL 2025
$3,598,135
Rick W Merrill, President/ceo, as reported on the fiscal-2025 Form 990, filed Aug 14, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
51 Employees
Plus 91 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Aug 14, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.34 - $8,631,688 in fundraising expenses divided by $25,726,292 in total contributions. On cash contributions only: $0.34.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $25,726,292 |
| Of Which Cash Contributions | $25,623,107 |
| Of Which Donated Goods (Noncash) | $103,185 |
| Fundraising Events | $558,316 |
| All Other Contributions | $25,167,976 |
| Program Service Revenue | $0 |
| Investment Income | $168,953,061 |
| Other Revenue | -$13,985,163 |
| Total Revenue (All Sources) | $180,694,190 |
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
948.4 Months
of reserves - $5,104,293,730 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $5,382,072 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $5,252,342,480 |
| Total Liabilities | $148,048,750 |
| Liabilities as Share of Assets | 2.8% |
| Net Assets | $5,104,293,730 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Aug 14, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Rick W Merrill - President/ceo | $3,598,135 | 5.57% |
| B Anthony Bagwell - SVP, Ciio | $2,082,560 | 3.22% |
| Stephen W Kimmel - EVP, System Finance | $1,896,559 | 2.94% |
| Joseph M Gallagher - SVP, Chief Legal Officer | $1,192,717 | 1.85% |
| Cory R Rhoades - Chief Financial Officer | $1,133,592 | 1.76% |
| Priti Mody - Managing Director | $898,998 | 1.39% |
| Grant W Harris - SVP, Chief Dev Officer - End 9/2/25 | $791,573 | 1.23% |
| Spencer D Seals - SVP Construction & Real Estate | $571,420 | 0.88% |
| Dayle Lowry - Director Of Operations - End 4/28/2025 | $416,620 | 0.65% |
| Kimberly McGinnis - VP Foundation | $341,420 | 0.53% |
| Drew Smith - Senior Investment Analyst | $229,383 | 0.36% |
| Jamye Shaffer - Manager, Investment Operations | $228,501 | 0.35% |
| Martha Mattox - AVP, Major Gifts | $224,475 | 0.35% |
| Mary Cara Martz - Secretary | $220,255 | 0.34% |
| Kristen Black - Director, Philanthropy | $213,155 | 0.33% |
| Jennifer Johnson - Former AVP Donor Relation | $137,699 | 0.21% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Aug 14, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
32 voting members, 32 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Rick W Merrill | President/ceo |
| B Anthony Bagwell | SVP, Ciio |
| Stephen W Kimmel | EVP, System Finance |
| Joseph M Gallagher | SVP, Chief Legal Officer |
| Cory R Rhoades | Chief Financial Officer |
| Priti Mody | Managing Director |
| Grant W Harris | SVP, Chief Dev Officer - End 9/2/25 |
| Spencer D Seals | SVP Construction & Real Estate |
| Dayle Lowry | Director Of Operations - End 4/28/2025 |
| Kimberly McGinnis | VP Foundation |
| Drew Smith | Senior Investment Analyst |
| Jamye Shaffer | Manager, Investment Operations |
| Martha Mattox | AVP, Major Gifts |
| Mary Cara Martz | Secretary |
| Kristen Black | Director, Philanthropy |
| Jennifer Johnson | Former AVP Donor Relation |
| Belen M Garren | Trustee - Secretary/treasurer |
| Brian C Crumley | Trustee - Vice Chairman |
| Peter L Philpott | Trustee - Chairman |
| Rick Sorenson | Trustee - Vice Chairman - End 5/31/25 |
| William E Bailey | Trustee - Secretary/treasurer |
| Andrew J Rosell | Trustee |
| Andrew P Lombardi | Trustee |
| Ann B House | Trustee |
| Anne M Carvalho | Trustee |
| Benjamin A Rosenthal | Trustee |
| Brian C Newby | Trustee |
| Clarabele Dodson | Trustee-Emeritus |
| Dale F Klose | Trustee |
| Hadley Woerner | Trustee |
| Harlington Peter Ku DDS | Trustee |
| James E Webb | Trustee |
| Jerry R Conatser | Trustee |
| John Merrifield | Trustee |
| Karl Biggs | Trustee |
| Kathryn S Wells | Trustee |
| Kenneth Hampton | Trustee |
| Laura Bird | Trustee - End 5/31/25 |
| Melissa M Kirtley | Trustee |
| Michael M Gonzalez Sr | Trustee |
| Michael R Dike | Trustee |
| Michael R Pavell | Trustee |
| R Kyle Kight | Trustee |
| R Russell Morton | Trustee - End 5/31/25 |
| Rachel R Werner | Trustee |
| Richard W Dyess | Trustee |
| Roger P Marcincuk Jr | Trustee - End 5/31/25 |
| Rosalind Evans | Trustee |
| Victoria Puente-Peters | Trustee |
| Wally Jones | Trustee |
| William Butler | Trustee |
| William Jackson Rattikin III | Trustee |
| Willie Houston III | Trustee - End 5/31/25 |
| Kyle Edgington PHD | SVP, Chief Development Officer |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence32 voting / 32 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $22,477,667 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Cook Children'S Medical Center FINANCIAL ASSISTANCE | $11,896,529 |
| Cook Children'S Physician Network FINANCIAL ASSISTANCE | $5,405,835 |
| Cook Children'S Health Care System FINANCIAL ASSISTANCE | $1,866,647 |
| Cook Children'S Home Health FINANCIAL ASSISTANCE | $20,738 |
| Cook Children'S Medical Center-Prosper FINANCIAL ASSISTANCE | $733,518 |
| Child Study Center FINANCIAL ASSISTANCE | $2,439,877 |
| Jewel Charity Ball Incorporated SPONSORSHIP | $6,000 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $95,102,171 | - |
| Fiscal 2025 | $180,694,190 | +90.0% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Oct 1, 2024 - Sep 30, 2025 | Form 990 | In Force - Filed Aug 14, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.