Eddie and Edrene Cole Foundation

TOLEDO, OH EIN: 34-1666480

Eddie and Edrene Cole Foundation is a private foundation, based in TOLEDO, OH. IRS filing data is available from 2019 through 2023. In 2023, it awarded 8 grants totaling $4K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$4K

+406.3% YoY

Grant Count

8

+60.0% YoY

Avg Grant Size

$500

+216.5% YoY

Under IRS private-foundation payout rules, Eddie and Edrene Cole Foundation reported a distributable amount of $224 for 2023 — the minimum it must pay out in qualifying distributions.

About Eddie and Edrene Cole Foundation

Based on IRS filings

Eddie and Edrene Cole Foundation is a private foundation, based in TOLEDO, OH. IRS filing data is available from 2019 through 2023. In 2023, it awarded 8 grants totaling $4K.

Ready to take the next step with Eddie and Edrene Cole Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BaltimoreDetroitGreensboroLansingMontgomeryThe VillagesTigardToledoTougaloo

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$5K$7K$10K20192020202120222023
Metric202320222021
Total Assets$4,550$106,761
Revenue$568$1,479$6,190
Expenses$4,550$790$6,190
Qualifying Distributions$8,550$1,566$8,995
Net Investment Income$5,190
Distributable Amount$224$189$5,234

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K$4K8 grants20199 grants20209 grants20215 grants20228 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2023

Equal Justice Initiative$500The Southern Poverty Law…$500University of Toledo$500Braden U M Church$500Detroit Unity Temple$500Tougaloo College$500Northwest Ohio African A…$500NAACP$500

Grant Size Distribution

39 grants across all recorded years

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Equal Justice Initiative ($500), The Southern Poverty Law Center ($500), University of Toledo ($500).

RecipientPurposeAmount
Equal Justice Initiative Montgomery, ALJustice$500
The Southern Poverty Law Center Montgomery, ALCivil Rights$500
University of Toledo Toledo, OHeducation$500
Braden U M Church Toledo, OHreligious$500
Detroit Unity Temple Detroit, MIReligious$500
Tougaloo College Tougaloo, MSeducation$500
Northwest Ohio African AM Legacy Toledo, OHAfrican American History in Northwest Ohio$500
NAACP Toledo, OHCivil Rights$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
Eddie M ColePresident1
Edwin ColeSecretary1
Elecia SmithVP1

Frequently Asked Questions

Where does Eddie and Edrene Cole Foundation operate?

Eddie and Edrene Cole Foundation has awarded grants in Alabama, Florida, Maryland, Michigan, Mississippi, North Carolina, Ohio, Oregon.

What size grants does Eddie and Edrene Cole Foundation award?

In 2023, Eddie and Edrene Cole Foundation awarded 8 grants totaling $4K — an average of about $500 per grant, based on its IRS Form 990 filings.

How much is Eddie and Edrene Cole Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Eddie and Edrene Cole Foundation reported a distributable amount of $224 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Eddie and Edrene Cole Foundation's EIN?

Eddie and Edrene Cole Foundation's EIN (Employer Identification Number) is 34-1666480. IRS Form 990 filing data is available on this page for 2019–2023.

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

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