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Also known as: #1255001231
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Cole Foundation Trust is a private corporation based in MOBILE, AL. The foundation received its IRS ruling in 2006. The principal officer is John Day Peake Jr. It holds total assets of $826K. Annual income is reported at $293K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Alabama. According to available records, Cole Foundation Trust has made 26 grants totaling $104K, with a median grant of $3K. Annual giving has grown from $32K in 2020 to $72K in 2022. Individual grants have ranged from $500 to $12K, with an average award of $4K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Alabama, Mississippi, Florida, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$4K
Largest Grant
$12K
Based on 8 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 Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in AL, MS, FL.
Cole Foundation Trust has distributed a total of $104K across 26 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $500 to $12K.
Only section 501(c)(3) organizations that are not private foundations.
Cole Foundation Trust is headquartered in MOBILE, AL. While based in AL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laura Jc Menard | TRUSTEE | $0 | $0 | N/A |
| Roger E Cole | TRUSTEE | $0 | $0 | N/A |
| Katherine Vance | TRUSTEE | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$810K
Fair Market Value
$942K
Net Worth
$810K
Grants Paid
$44K
Contributions
N/A
Net Investment Income
$26K
Distribution Amount
$44K
Total: $783K
Total Grants
26
Total Giving
$104K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
12
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St John'S Episcopal ChurchOPERATIONS | Mobile, AL | $8K | 2020 |
| St Benedicts'S Episcopal ChurchOPERATIONS | Plantation, FL | $9K | 2022 |
| Nature Conservancy In AlabamaOPERATIONS | Mobile, AL | $9K | 2022 |
| Junior Axiliary Of Rankin CountyOPERATIONS | Brandon, MS | $9K | 2022 |
| Child Advocacy CenterOPERATIONS | Mobile, AL | $3K | 2022 |
| Wilmer HallOPERATIONS - IN MEMORY OF REBECCA JAMES | Mobile, AL | $3K | 2022 |
| Memorial Trust Of The Nscda In AlabamaOPERATIONS | Washington, DC | $1K | 2022 |
| Mobile Society For The Prevention Of Cruelty To AnimalsOPERATIONS | Mobile, AL | $1K | 2022 |
| Orange Beach FirerescueMOLLY'S PATROL FOR SWIM FINS/EQUIPMENT | Orange Beach, AL | $500 | 2022 |
| Gulf Shores Fire & RescueOPEN WATER LIFEGUARD DETAIL | Gulf Shores, AL | $500 | 2022 |
| St Paul'S Episcopal ChurchOPERATIONS | Mobile, AL | $2K | 2020 |
| Prichard Preparatory SchoolOPERATIONS | Mobile, AL | $500 | 2020 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL