//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Cole Family Foundation is a private corporation based in SALISBURY, MD. The foundation received its IRS ruling in 1987. It holds total assets of $1.6M. Annual income is reported at $707K. Total assets have decreased from $2.3M in 2011 to $1.6M in 2023. The foundation is governed by 7 officers and trustees. The foundation operates in the area of human services. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Maryland and Virginia. According to available records, Cole Family Foundation has made 63 grants totaling $337K, with a median grant of $5K. Annual giving has grown from $82K in 2020 to $165K in 2022. Individual grants have ranged from $1K to $16K, with an average award of $5K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Maryland, Utah, Virginia, which account for 68% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$13K
Based on 13 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Cole Family Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 63 grants. Its grantmaking reaches organizations primarily in MD, UT, VA.
Cole Family Foundation has distributed a total of $337K across 63 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $1K to $16K.
Cole Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (521512544) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Cole Family Foundation is headquartered in SALISBURY, MD. While based in MD, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Hughlett Cole | PRESIDENT/TREASURER | $25K | $0 | $25K |
| Carol Cole | VP/SECRETARY | $13K | $0 | $13K |
| Micah R Cole | BOARD MEMBER | $0 | $0 | N/A |
| Erin R Cole | BOARD MEMBER | $0 | $0 | N/A |
| D Eric Wiseley | BOARD MEMBER | $0 | $0 | N/A |
| Bethany Cole Saldana | BOARD MEMBER | $0 | $0 | N/A |
| Jacob T Cole | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$198K
Total Assets
$1.6M
Fair Market Value
$2.2M
Net Worth
$1.6M
Grants Paid
$87K
Contributions
N/A
Net Investment Income
$55K
Distribution Amount
$104K
Total: $1.6M
Total Grants
63
Total Giving
$337K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
24
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brigham Young UniversitySCHOLARSHIPS AND OPERATING COSTS | Provo, UT | $10K | 2022 |
| The Church Of Jesus Christ Of Latter Day SaintsGENERAL OPERATING COSTS | Salisbury, MD | $13K | 2022 |
| Johns Hopkins University & MedicineSCHOLARSHIPS AND OPERATING COSTS | Baltimore, MD | $10K | 2022 |
| Mac IncGENERAL OPERATING COSTS | Salisbury, MD | $5K | 2022 |
| Coastal HospiceGENERAL OPERATING COSTS | Salisbury, MD | $5K | 2022 |
| Maryland Food BankGENERAL OPERATING COSTS | Baltimore, MD | $5K | 2022 |
| Northern Virginia Family ServicesGENERAL OPERATING COSTS | Oakton, VA | $5K | 2022 |
| Ymca Of The ChesapeakeGENERAL OPERATING COSTS | Salisbury, MD | $5K | 2022 |
| United Cerebral PalsyGENERAL OPERATING COSTS | Vienna, VA | $5K | 2022 |
| Project VeritasGENERAL OPERATING COSTS | Mamaroneck, NY | $5K | 2022 |
| Stream RisingGENERAL OPERATING COSTS | Bowie, MD | $5K | 2022 |
| Hillsdale CollegeSCHOLARSHIPS AND OPERATING COSTS | Hillsdale, MI | $5K | 2022 |
| Khan AcademySCHOLARSHIPS AND OPERATING COSTS | Mountain View, CA | $5K | 2022 |
| Community Foundation Of The Eastern ShoreMULTI-PURPOSE COMMUNITY CHARITY | Salisbury, MD | $5K | 2021 |
| Shenandoah Valley Equine Rescue NetworkHUMANITARIAN | Winchester, VA | $3K | 2021 |
| Operation Underground RailroadHUMANITARIAN | Cedar City, UT | $3K | 2021 |
| Babson CollegeEDUCATION | Babson Park, MA | $2K | 2021 |
| Prager UniversityEDUCATION | Sherman Oaks, CA | $2K | 2021 |
| Coral Restoration FoundationENVIRONMENTAL | Tavernier, FL | $2K | 2021 |
| Thanksgiving PointMULTI PURPOSE COMMUNITY ORGANIZATION | Lehi, UT | $1K | 2021 |
| Heritage Christian ServicesHUMANITARIAN | Rochester, NY | $1K | 2021 |
| Reasons FoundationEDUCATION | Los Angeles, CA | $1K | 2021 |
| Save The StorksHUMANITARIAN | Colorado Springs, CO | $5K | 2020 |