Cole Foundation Trust

Public charity · Grantmaker Huntersville, NC EIN: 56-6002294

NONE

Cole Foundation Trust at a glance

In short: Cole Foundation Trust gave $213K across 1 grant in 2025 (avg $213K), mostly in North Carolina. Source: 2025 IRS Form 990.

Annual giving (2025)
$213,449
+13.3% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$213,449
+13.3% vs 2024
Median grant
$213,449
Total assets
$3,561,727
+2.4% vs 2024
Primary geography
North Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Cole Foundation Trust funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Western NC Conference United Methodist Church: $213KWestern NC Conference UnitedMethodist Church$213K

The largest 2025 recipient was Western NC Conference United Methodist Church ($213K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

Huntersville

How Cole Foundation Trust gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $174K (2020) to $213K (2025). In 2025 it made 1 grant totaling $213K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Western NC Conference United Methodist Church Huntersville, NCHealth Benefits$213,449
Your AI grants department

Ready to take the next step with Cole Foundation Trust?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$3,561,727$332,695$248,901$213,4491$332,695
2024$3,477,933$264,073$220,735$188,4171$264,073
2023$3,434,595$220,472$220,599$193,6831$220,472
2022$3,434,722$281,376$241,155$212,4361$281,376
2021$3,394,501$247,616$209,643$177,3871$247,616
2020$3,356,528$214,931$201,813$174,3271$214,875

About Cole Foundation Trust

Based on IRS filings

Cole Foundation Trust is a public charity focused on religion, based in Huntersville, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.6M in total assets. In 2025, it awarded 1 grant totaling $213K. Net investment income was $333K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Cole Foundation Trust's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • R. Tony Orsbon

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rebecca Douglas

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: James C. Windham Dec'd (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Cole Foundation Trust

How much does Cole Foundation Trust give each year?

Cole Foundation Trust gave $213K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $188K across 1 grant.

How large is Cole Foundation Trust?

Cole Foundation Trust reported $3.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $333K.

What is Cole Foundation Trust?

Cole Foundation Trust is a public charity focused on religion, based in Huntersville, NC. It holds $3.6M in total assets as of 2025.

Where does Cole Foundation Trust operate?

Cole Foundation Trust has awarded grants in North Carolina.

What is Cole Foundation Trust's EIN?

Cole Foundation Trust's EIN (Employer Identification Number) is 56-6002294. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS October 7, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS April 7, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS March 29, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS April 4, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS March 24, 2025)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS April 8, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Explore Open Grants

Browse active grant opportunities in Cole Foundation Trust's focus areas in our free grants database

Similar Funders

Funders with grantees in common

Rector Family Foundation

Wilmington, DE

Philanthropy, Voluntarism & Grantmaking

Assets

$9.2M

Grants

7

Total Given

$358K

North Carolina Baptist Hospital

Winston-Salem, NC

North Carolina Baptist Hospital funds education and scholarships, indigent care, departmental needs, and community programs such as children’s learning, food security, housing, and health initiatives. Its 2024 grants ranged from $7,000 to $200,000, with a median of $20,000, and went to recipients in North Carolina. The profile does not state whether it accepts unsolicited requests.

Assets

$2.8B

Grants

17

Total Given

$634K

The Clark Foundation Inc

High Point, NC

The Clark Foundation funds a range of charitable purposes for 501(c)(3) organizations, with most of its giving in North Carolina and additional grants in Maryland, Tennessee, and New York. Its 2025 grants ranged from $1,000 to $10,000, with a median of $2,000. It accepts requests by letter describing the purpose and including the organization’s 501(c)(3) determination letter.

Assets

$1.2M

Grants

19

Total Given

$63K

IOLA Foundation

Los Angeles, CA

IOLA Foundation funds LGBTQ+ youth storytelling, education, and school- and community-based projects, typically with grants of about $10,000. It supports work across the United States and internationally, with Global Grants prioritizing Asia, Europe, and North and South America.

Assets

$720K

Grants

25

Total Given

$238K

CS Foundation Inc

Atlanta, GA

CS Foundation Inc supports charitable organizations in cancer research, education and scholarships, human services, and services for people with intellectual disabilities, with most 2025 grant dollars going to Tennessee and Georgia. Its 32 grants ranged from $1,000 to $1 million, with a median of $112,500. It does not accept unsolicited requests and gives only to preselected organizations.

Assets

$38.3M

Grants

32

Total Given

$6.4M

The Fund for Theological Education Inc

Atlanta, GA

The Fund for Theological Education supports leadership development for young adults and emerging scholars in the church and academy, including doctoral fellowships, ministry exploration, and youth theology programs. Its 2024 grants ranged from $12,000 to $50,000, with a median of $12,000; its doctoral fellowship offers up to $35,000 and is open to eligible applicants at U.S. or Canadian-accredited institutions. It also offers invitation-only grants to eligible Youth Theology Network programs.

Assets

$39.6M

Grants

55

Total Given

$1.3M

More similar funders

More Funders in North Carolina

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Cole Foundation Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Cole Foundation Trust down — hundreds of funders to go?

Want AI to do this for you?