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The S Mason Cole Jr And Lula P Cole Charitable Trust is a private trust based in WILLIAMSBURG, VA. The foundation received its IRS ruling in 2010. The principal officer is Chesapeake Trust Company. It holds total assets of $2.6M. Annual income is reported at $721K. The foundation is governed by 1 officer or trustee. 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 2017 to 2022. Grantmaking is concentrated in Virginia. According to available records, The S Mason Cole Jr And Lula P Cole Charitable Trust has made 153 grants totaling $1.4M, with a median grant of $7K. Annual giving has grown from $260K in 2020 to $533K in 2022. Grantmaking activity was highest in 2021 with $558K distributed across 58 grants. Individual grants have ranged from $2K to $25K, with an average award of $9K. The foundation has supported 44 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$7K
Average Grant
$8K
Largest Grant
$20K
Based on 33 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.
The S Mason Cole Jr And Lula P Cole Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 153 grants. Its grantmaking reaches organizations primarily in VA.
The S Mason Cole Jr And Lula P Cole Charitable Trust has distributed a total of $1.4M across 153 grants. The median grant size is $7K, with an average of $9K. Individual grants have ranged from $2K to $25K.
The S Mason Cole Jr And Lula P Cole Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
The S Mason Cole Jr And Lula P Cole Charitable Trust is headquartered in WILLIAMSBURG, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chesapeake Trust Company | TRUSTEE | $40K | $0 | $40K |
Total Giving
$317K
Total Assets
$2.6M
Fair Market Value
$3.7M
Net Worth
$2.6M
Grants Paid
$267K
Contributions
N/A
Net Investment Income
$91K
Distribution Amount
$201K
Total: $2.5M
Total Grants
153
Total Giving
$1.4M
Average Grant
$9K
Median Grant
$7K
Unique Recipients
44
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The LinkCHARITABLE | Sterling, VA | $6K | 2022 |
| Boys And Girls Club Of TheCHARITABLE | Kilmarnock, VA | $25K | 2022 |
| Northern Neck - Middlesex Free HealthCHARITABLE | Kilmarnock, VA | $20K | 2022 |
| Smith Point Sea Rescue IncCHARITABLE | Burgess, VA | $20K | 2022 |
| Westmoreland PlayersCHARITABLE | Callao, VA | $15K | 2022 |
| Healthy Harvest Food BankSUPPORT | Warsaw, VA | $15K | 2022 |
| Lancaster County Va Education FdnSUPPORT | Kilmarnock, VA | $15K | 2022 |
| Rappahannock Foundation For The ArtsCHARITABLE | White Stone, VA | $12K | 2022 |
| Rappahannock Art LeagueSUPPORT | Kilmarnock, VA | $10K | 2022 |
| The Haven Shelter And Services IncCHARITABLE | Warsaw, VA | $10K | 2022 |
| Hampden SydneySUPPORT | Hampden Sydney, VA | $10K | 2022 |
| Steamboat Era MuseumSUPPORT | Irvington, VA | $10K | 2022 |
| The Rwc FoundationCHARITABLE | Irvington, VA | $10K | 2022 |
| Chesapeake Academy IncEDUCATIONAL | Irvington, VA | $7K | 2022 |
| Northern Neck Sail And Power SquadronCHARITABLE | Callao, VA | $7K | 2022 |
| Lancaster Community LibraryCHARITABLE | Kilmarnock, VA | $7K | 2022 |
| Lancaster Va Historical SocietySUPPORT | Lancaster, VA | $6K | 2022 |
| Kilmarnock Museum IncCHARITABLE | Kilmarnock, VA | $5K | 2022 |
| Northern Neck Land ConservancyCHARITABLE PURPOSES | Lancaster, VA | $5K | 2022 |
| Rappahannock Concert AssociationSUPPORT | Heathsville, VA | $5K | 2022 |
| Friends Of The Northumberland CountySUPPORT | Heathsville, VA | $5K | 2022 |
| Reedville Fishermen'S MuseumSUPPORT | Reedville, VA | $5K | 2022 |
| The Bay CenterSUPPORT | Kilmarnock, VA | $5K | 2022 |
| Legal Aid WorksCHARITABLE | Fredericksburg, VA | $5K | 2022 |
| Preservation Northern NeckCHARITABLE | Warsaw, VA | $5K | 2022 |