The Cooley House Foundation was incorporated in 2007 to save the Cooley House and restore it to its former glory. Restoration began with the roof in July of 2008. To operate the Cooley House as a museum, The Cooley House Foundation has entered into a partnership with the City of Monroe. The city purchased the building in the summer of 2008, and once restored, it will maintain the building and the property. The Cooley House Foundation is a 501(c)(3) organization that is raising money for the restorations through grants, donations, and sponsorships. Once restored, this non-profit group will continue to fund educational programs and exhibitions.
It is the Cooley House Foundation’s mission to provide educational outreach regarding preservation, architecture, and regional steamboat history to the citizens of Northeast Louisiana. The Foundation works to raise public awareness of the architectural and historical significance of the Cooley House and to restore, maintain, and preserve the home for the public.