Cole Family Foundation is located in Republic, OH. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cole Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Cole Family Foundation generated $20.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $18.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cole Family Foundation has awarded 294 individual grants totaling $188,122. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO PUBLIC APPROVED CHARITABLE ORGAINIZATIONS PRIMARILY IN SENECA COUNTY, OHIO SEE SCHEDULE 4 FOR COMPLETE DETAILS OF PUBLIC CHARITABLE DONATIONS MADE. BELOW YOU WILL FIND THE LARGEST FOUR. LARGEST - TOTAL OF 5 DONATIONS TO REPUBLIC UCC CHURCH 2,730 2ND LARGEST - TOTAL OF 2 DONATIONS TO RITZ THEATRE 2,500 3RD LARGEST - TOTAL OF 2 DONATIONS TERRA COLLEGE FOUNDATION 2,200 4TH LARGEST - THERE WERE FIVE CHARITIES GRANTED 1000 EACH AS FOLLOWS: SCIPIO REPUBLIC HISTORICAL SOCIETY 1,000 SENECA REGIONAL CHAMBER OF COMMERCE 1,000 TIFFIN SENECA UNITED WAY 2 DONATIONS TOTAL OF 1,000 MERCY HEALTH FOUNDATION 2 DONATIONS TOTAL OF 1,000 MERCY HOSPITAL OF TIFFIN 2 DONATIONS TOTAL OF 1,000
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles C Cole Trustee | 0 | $0 | |
Patty J Cole Trustee | 0 | $0 | |
Alec C Cole Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $31 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,031 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $403 |
| Contributions, gifts, grants paid | $18,178 |
| Total expenses and disbursements | $18,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,138 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,138 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Cole Family Foundation has awarded $18,178 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER ASSOCIATION PURPOSE: GENERAL SUPPORT | $750 |
AMERICAN RED CROSS PURPOSE: GENERAL SUPPORT | $150 |
BLOOMMVILLE UCC CHURCH PURPOSE: GENERAL SUPPORT | $150 |
CALVERT CATHOLIC SCHOOLS PURPOSE: EDUCATION | $100 |
COMMUNITY HOSPICE CARE PURPOSE: GENERAL FUND | $250 |
COVENANT ORTHODOX PRESBYTERIAN CHUR PURPOSE: GENERAL FUND | $100 |