Cole Foundation Tr

WELLSBORO, PA EIN: 25-6339152

Religion Sports and recreation Human services Youth development

Cole Foundation Tr is a private foundation focused on Religion, based in WELLSBORO, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 6 grants totaling $120K. Net investment income was $317K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+8.5% YoY

Annual Giving

$120K

+20.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$20K

+20.1% YoY

Under IRS private-foundation payout rules, Cole Foundation Tr reported a distributable amount of $106K for 2024 — the minimum it must pay out in qualifying distributions.

About Cole Foundation Tr

Based on IRS filings

Focus Areas

Religion Sports and recreation Human services Youth development

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $207K (37%)

Maryland $140K (25%)

Missouri $95K (17%)

South Carolina $88K (16%)

New York $35K (6%)

States

Maryland Missouri New York Pennsylvania South Carolina

Cities

BaltimoreGlovervilleLancasterMountvilleNorth TonawandaWentzville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,919,918	$1,768,980	$1,742,135
Revenue	$59,758	$56,377	$50,523
Expenses	$135,058	$112,126	$146,133
Qualifying Distributions	$120,000	$99,903	$132,500
Net Investment Income	$316,906	$126,748	$129,452
Distributable Amount	$106,317	$96,112	$99,007

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Classical Academy de Lafayette ($30,000), Water Street Rescue Mission ($30,000), John Hopkins Hospital ($20,000).

Recipient	Purpose	Amount
Revival & Missions Gloverville, SC	Scholarship	$15,000
John Hopkins Hospital Baltimore, MD	Further Program	$20,000
Dayspring Christian Academy Mountville, PA	Audio/visual upgrades	$15,000
Catching Dreams LLC North Tonawanda, NY	Further Program	$10,000
Classical Academy de Lafayette Wentzville, MO	Further Programs	$30,000
Water Street Rescue Mission Lancaster, PA	General Fund	$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Bruce F Eilenberger	Trustee	1	—
Vicki L Eilenberger	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Religion Sports and recreation Human services Youth development

Frequently Asked Questions

What is Cole Foundation Tr?

Cole Foundation Tr is a private foundation focused on Religion, based in WELLSBORO, PA. It holds $1.9M in total assets as of 2024.

How large is Cole Foundation Tr?

As of 2024, Cole Foundation Tr holds $1.9M in total assets with $60K in annual revenue. It awarded 6 grants totaling $120K in 2024.

Where does Cole Foundation Tr operate?

Cole Foundation Tr has awarded grants in Maryland, Missouri, New York, Pennsylvania, South Carolina.

What size grants does Cole Foundation Tr award?

In 2024, Cole Foundation Tr awarded 6 grants totaling $120K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Cole Foundation Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cole Foundation Tr reported a distributable amount of $106K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.