Donna J & Charles T Cole Charitable Foundation is located in Stanwood, WA. The organization was established in 2004. 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. Donna J & Charles T Cole Charitable 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, Donna J & Charles T Cole Charitable Foundation generated $34.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $16.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Donna J & Charles T Cole Charitable Foundation has awarded 86 individual grants totaling $329,402. 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
CAMANO SENIOR SERVICES ASSN; MOSES LAKE SENIOR CENTER TO FACILITATE SERVICES FOR THE OLDER POPULATION
CAMP FIRE; FERNDALE YOUTH SPORTS; SHS BOOSTER CLUB; USD CUWIP; EVERGREEN CONCERT; MOSES LAKE CONCERT TO ENCOURAGE YOUTH IN SPORTS AND SCIENCE EXPLORATION TO ENCOURAGE MUSIC IN THE COMMUNITIES
TOYS FOR TOTS; SCAF TO PROVIDE TOYS AND SCHOOL SUPPLIES FOR NEARBY YOUTH
STANWOOD CAMANO AREA FOUNDATION; MOSES LAKE CHURCH; AFSP TO ENCOURAGE GIVING IN THE LOCAL COMMUNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlet R Lindley Trustee | 1 | $0 | |
Robert R Cole Trustee | 3 | $0 | |
Sharon J Gilday Trustee | 2 | $0 | |
Shirley A Swanson Trustee | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34,534 |
| 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 | $34,534 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $16,557 |
| Total expenses and disbursements | $16,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,151 |
| Savings and temporary cash investments | $1,412,414 |
| 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 | $1,416,565 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $38,839 |
| 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 | $38,839 |
Over the last fiscal year, Donna J & Charles T Cole Charitable Foundation has awarded $35,057 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
SCAF PURPOSE: ENCOURAGE GIVING | $1,227 |
TOYS FOR TOTS PURPOSE: CHRISTMAS TOYS FOR KIDS | $2,000 |
CAMANO SENIOR SERVICES CENTER PURPOSE: SERVICES FOR SENORS | $5,000 |
FERNDALE YOUTH SPORTS PURPOSE: ENABLE YOUTH TO PLAY SPORTS | $5,000 |
EVERGREEN COMMUNITY CONCERT ASSN PURPOSE: PROMOTE MUSIC | $1,000 |
SCAF PURPOSE: SCHOOL SUPPLIES | $2,330 |