Cole Family Foundation

Foundation · Grantmaker Ada, MI EIN: 30-0246444

Cole Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Ada, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $74K in total assets. In 2024, it awarded 13 grants totaling $113K.

Key facts about Cole Family Foundation

EIN
30-0246444
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$112,923
Grants made (2024)
13
Average grant
$8,686
Median grant
$500
New grantees (estimate)
46% first-time grantees (6 of 13, 2024)
Total assets
$74,251
Primary geography
Michigan (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Cole Family Foundation funds

By grant dollars, the top recipient states for Cole Family Foundation's 13 itemized 2024 grants were Michigan (100%). The most frequent recipient cities were Grand Rapids, MI (11 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "Gift" (13 grants).

Is Cole Family Foundation open to new grantees?

46%

first-time grantees, 2024

In 2024, 6 of 13 grantees (46%) were first-time recipients. First grants averaged $17K; repeat grants $1K. How we count

Medians: $500 first-time, $1K repeat.

  • 46% of 2024 grantees were also funded in 2023. Method
  • Giving grew 451% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$74K

+12.3% YoY

Annual Giving

$113K

+982.1% YoY

Grant Count

13

+18.2% YoY

Avg Grant Size

$9K

+815.6% YoY

About Cole Family Foundation

Based on IRS filings

Cole Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Ada, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $74K in total assets. In 2024, it awarded 13 grants totaling $113K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 13 itemized 2024 grant dollars.

Cities

Grand RapidsMemphisHollandJacksonvilleHudsonvilleAdaBooneKalamazooManisteePearlandTriangleW WashingtonZeeland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$67K$100K$134K20202021202220232024
Metric202420232022
Total Assets$74,251$66,118$76,554
Revenue$121,646$475—
Expenses$113,513$10,911$33,338
Qualifying Distributions$112,923$10,436$32,853
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$56K$85K$113K8 grants20209 grants202112 grants202211 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Mary Free Bed Rehabilitation Hospit: $100KMary Free Bed RehabilitationHospit$100KCompassion International: $5KCompassion International$5KAnxiety Resource Center: $3KAnxiety Resource Center$3KWedgewood Christian Services: $2KWedgewood Christian Services$2KMayflower Church: $2KMayflower Church$2KCalvary Church: $1KCalvary Church$1KVeterans of Foreign War: $500Veterans of Foreign War$500Helen Devos Children's Hospital: $500Helen Devos Children'sHospital$500St Jude Children's Research Hospita: $200St Jude Children's ResearchHospita$200Frederik Meijer Gardens: $130Frederik Meijer Gardens$130

Grant Size Distribution

53 grants across all recorded years

52<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Mary Free Bed Rehabilitation Hospit ($100,000), Compassion International ($4,793), Anxiety Resource Center ($2,500).

RecipientPurposeAmount
MARY FREE BED REHABILITATION HOSPIT Grand Rapids, MIGIFT$100,000
COMPASSION INTERNATIONAL Grand Rapids, MIGIFT$4,793
ANXIETY RESOURCE CENTER Grand Rapids, MIGIFT$2,500
WEDGEWOOD CHRISTIAN SERVICES Grand Rapids, MIGIFT$1,500
MAYFLOWER CHURCH Grand Rapids, MIGIFT$1,500
CALVARY CHURCH Grand Rapids, MIGIFT$1,000
VETERANS OF FOREIGN WAR Grand Rapids, MIGIFT$500
HELEN DEVOS CHILDREN'S HOSPITAL Grand Rapids, MIGIFT$500
ST JUDE CHILDREN'S RESEARCH HOSPITA Memphis, TNGIFT$200
FREDERIK MEIJER GARDENS Grand Rapids, MIGIFT$130

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Michael R ColePresident——
Richard ColeSec/ Treas——
Margaret ColeVice Pres——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Cole Family Foundation?

Cole Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Ada, MI. It holds $74K in total assets as of 2024.

How large is Cole Family Foundation?

As of 2024, Cole Family Foundation holds $74K in total assets with $122K in annual revenue. It awarded 13 grants totaling $113K in 2024.

Where does Cole Family Foundation operate?

Cole Family Foundation has awarded grants in District of Columbia, Florida, Michigan, North Carolina, Tennessee, Texas, Virginia.

What size grants does Cole Family Foundation award?

In 2024, Cole Family Foundation awarded 13 grants totaling $113K — an average of about $9K per grant, based on its IRS Form 990 filings.

What is Cole Family Foundation's EIN?

Cole Family Foundation's EIN (Employer Identification Number) is 30-0246444. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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