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Gerrit And Amy Cole Foundation is a private corporation based in NEWPORT BEACH, CA. The foundation received its IRS ruling in 2021. The principal officer is The Gerrit & Amy Cole Foundation. It holds total assets of $2.5M. Annual income is reported at $849K. Total assets have grown from $5K in 2020 to $2M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Gerrit And Amy Cole Foundation has made 19 grants totaling $155K, with a median grant of $10K. Annual giving has grown from $10K in 2021 to $145K in 2022. Individual grants have ranged from $3K to $15K, with an average award of $8K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in New York and California. Contributions to this foundation are tax-deductible.
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.
Gerrit And Amy Cole Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in NY, CA.
Gerrit And Amy Cole Foundation has distributed a total of $155K across 19 grants. The median grant size is $10K, with an average of $8K. Individual grants have ranged from $3K to $15K.
Gerrit And Amy Cole Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gerrit And Amy Cole Foundation is headquartered in NEWPORT BEACH, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amy Cole | Dir, Pres | $0 | $0 | N/A |
| Gerrit Cole | CFO, Dir | $0 | $0 | N/A |
| Heather Hargrove | Sec | $0 | $0 | N/A |
| Alexander Stimpson | Dir, VP | $0 | $0 | N/A |
Total Giving
$137K
Total Assets
$2M
Fair Market Value
$2.2M
Net Worth
$2M
Grants Paid
$116K
Contributions
$650K
Net Investment Income
$46K
Distribution Amount
$97K
Total: $1.9M
Total Grants
19
Total Giving
$155K
Average Grant
$8K
Median Grant
$10K
Unique Recipients
10
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Arete Education IncThe Laboratory School of Finance and Technology | Bronx, NY | $15K | 2022 |
| Fund For Public Schools IncX223 program | New York, NY | $15K | 2022 |
| Direct ReliefGeneral & Unrestricted | Santa Barbara, CA | $10K | 2022 |
| Robin Hood FoundationGeneral & Unrestricted | New York, NY | $10K | 2022 |
| Food Bank For New York CityGeneral & Unrestricted | New York, NY | $10K | 2022 |
| University Of California Irvine FoundationUCI Baseball program | Irvine, CA | $5K | 2022 |
| Pacific SymphonyGeneral & Unrestricted | Irvine, CA | $3K | 2022 |
| Orange County Museum Of ArtGeneral & Unrestricted | Costa Mesa, CA | $3K | 2022 |
| Maxs Love Project IncGeneral & Unrestricted | Orange, CA | $3K | 2022 |
| Pediatric Cancer Research FoundationGeneral & Unrestricted | Irvine, CA | $10K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA