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Cole Family Foundation is a private corporation based in ADA, MI. The foundation received its IRS ruling in 2004. The principal officer is Michael R Cole. It holds total assets of $74K. Annual income is reported at $126K. Total assets have grown from $21K in 2011 to $66K in 2023. The foundation is governed by 3 officers and trustees. To provide a safe, restorative environment for children and adults to break away from the busyness of the everyday to hear god's call on their lives. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Michigan, Tennessee and Texas. According to available records, Cole Family Foundation has made 52 grants totaling $105K, with a median grant of $500. Annual giving has grown from $8K in 2020 to $10K in 2023. Grantmaking activity was highest in 2022 with $66K distributed across 24 grants. Individual grants have ranged from N/A to $10K, with an average award of $2K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Michigan, North Carolina, Tennessee, which account for 88% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$400
Average Grant
$1K
Largest Grant
$4K
Based on 8 grants from the most recent 990-PF filing.
Help support programs that provide ministry work for families all over the world
Expenses: $4K
Support at-risk youth and families.
Expenses: $3K
Institution of higher learning
Expenses: $500
Provide children battling life-threatening illnesses the opportunity to experience unforgettable outdoor activities
Expenses: $500
To provide a safe, restorative environment for children and adults to break away from the busyness of the everyday to hear god's call on their lives. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in MI, NC, TN.
Cole Family Foundation has distributed a total of $105K across 52 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from N/A to $10K.
Cole Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cole Family Foundation is headquartered in ADA, MI. While based in MI, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margaret Cole | VICE PRES | $0 | $0 | N/A |
| Michael R Cole | PRESIDENT | $0 | $0 | N/A |
| Richard Cole | SEC/ TREAS | $0 | $0 | N/A |
Total Giving
$11K
Total Assets
$66K
Fair Market Value
$66K
Net Worth
$66K
Grants Paid
$10K
Contributions
$475
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
52
Total Giving
$105K
Average Grant
$2K
Median Grant
$500
Unique Recipients
22
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Spectrum Health FoundationGIFT | Grand Rapids, MI | $2K | 2022 |
| MayflowerGIFT | Grand Rapids, MI | $200 | 2021 |
| Compassion InternationalGIFT | Grand Rapids, MI | $5K | 2023 |
| Wedgewood Christian ServicesGIFT | Grand Rapids, MI | $2K | 2023 |
| Calvary ChurchGIFT | Grand Rapids, MI | $2K | 2023 |
| Sam'S Scramble For SightGIFT | Zeeland, MI | $500 | 2023 |
| Camp BlodgettGIFT | Grand Rapids, MI | $500 | 2023 |
| Guiding Light MissionGIFT | Grand Rapids, MI | $350 | 2023 |
| Maggie'S Be CafeGIFT | Hudsonville, MI | $250 | 2023 |
| St Jude Children'S Research HospitaGIFT | Memphis, TN | $200 | 2023 |
| Wounded WarriorsGIFT | Jacksonville, FL | $100 | 2023 |
| American Red CrossGIFT | Grand Rapids, MI | $100 | 2023 |
| Marine Toys For Tots FoundationGIFT | Triangle, VA | N/A | 2023 |
| Camp GenevaGIFT | Holland, MI | $10K | 2022 |
| Anxiety Resource CenterGIFT | Grand Rapids, MI | $10K | 2022 |
| Samaritan'S PurseGIFT | Boone, NC | $3K | 2022 |
| Wmu FoundationGIFT | Kalamazoo, MI | $1K | 2022 |
| Journey AcademyGIFT | Ada, MI | $1K | 2021 |
| Share Our StrengthGIFT | W Washington, DC | $100 | 2021 |
| Hunt With A HeartGIFT | Pearland, TX | $500 | 2020 |
| Hope CollegeGIFT | Holland, MI | $500 | 2020 |
| First Congregational Church Of ManiGIFT | Manistee, MI | $250 | 2020 |