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Paul And Carol Cole Foundation Inc. is a private corporation based in BLUEFIELD, WV. The foundation received its IRS ruling in 1998. The principal officer is William P Cole Jr. It holds total assets of $4.5M. Annual income is reported at $1.4M. Total assets have grown from $230K in 2011 to $4.5M in 2024. The foundation is governed by 7 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2024. Grantmaking is concentrated in West Virginia. According to available records, Paul And Carol Cole Foundation Inc. has made 31 grants totaling $360K, with a median grant of $5K. Annual giving has grown from $21K in 2021 to $198K in 2024. Individual grants have ranged from $1K to $50K, with an average award of $12K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in West Virginia and Virginia. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$5K
Largest Grant
$15K
Based on 4 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.
Paul And Carol Cole Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in WV, VA.
Paul And Carol Cole Foundation Inc. has distributed a total of $360K across 31 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $1K to $50K.
Paul And Carol Cole Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (541830656) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Paul And Carol Cole Foundation Inc. is headquartered in BLUEFIELD, WV. While based in WV, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lea-Anne L Greene | SECRETARY/TREASURER | $0 | $0 | N/A |
| Jason P Cole | DIRECTOR | $0 | $0 | N/A |
| William P Cole | VICE PRESIDENT | $0 | $0 | N/A |
| Charles M Cole Sr | PRESIDENT | $0 | $0 | N/A |
| Charles M Cole Jr | DIRECTOR | $0 | $0 | N/A |
| Thomas J Cole | DIRECTOR | $0 | $0 | N/A |
| Garry Moore | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.5M
Fair Market Value
N/A
Net Worth
$4.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
31
Total Giving
$360K
Average Grant
$12K
Median Grant
$5K
Unique Recipients
16
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mountain Acres Properties IncRENOVATIONS TO ELM STREET PROPERTY | Princeton, WV | $5K | 2023 |
| First Presbyterian ChurchRECOVERY MINISTRY | Bluefield, WV | $5K | 2023 |
| Bluefield State UniversityBEAUTIFICATION | Bluefield, WV | $50K | 2024 |
| City Of BluefieldVAN | Bluefield, WV | $45K | 2024 |
| Town Of Bluefield VirginiaHARMONY ACRES POOL HEATER | Bluefield, VA | $22K | 2024 |
| Blue Ridge Junior Golf TourGENERAL CONTRIBUTION | Bluefield, WV | $5K | 2024 |
| Greater Princeton Little LeagueLIGHTING AT LITTLE LEAGUE COMPLEX | Princeton, WV | $5K | 2024 |
| Hope Ridge Recovery IncGENERAL CONTRIBUTION | Bluefield, WV | $4K | 2024 |
| Graham High SchoolGOLF TEAM | Bluefield, VA | $1K | 2024 |
| Wade CenterTO SUPPORT THE MISSION OF THE ORGANIZATION | Bluefield, WV | $5K | 2023 |
| Scott Street Baptist ChurchRELIGIOUS | Bluefield, WV | $5K | 2023 |
| Second Chance For CatsTO SUPPORT THE MISSION OF THE ORGANIZATION | Bluefield, WV | $3K | 2023 |
| Mercer County Fellowship HomeTO SUPPORT THE MISSION OF THE ORGANIZATION | Bluefield, WV | $3K | 2023 |
| Bluefield State College FoundationTO SUPPORT THE W. PAUL COLE SCHOOL OF BUSINESS | Bluefield, WV | $15K | 2021 |
| Bluefield Arts And Revitalization CorporationTO SUPPORT THE MISSION OF THE ORGANIZATION | Bluefield, WV | $3K | 2021 |
| Child Protect Of Mercer CountyTO SUPPORT THE MISSION OF THE ORGANIZATION | Princeton, WV | $2K | 2021 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV