Galen Cole Family Foundation
Galen Cole Family Foundation is a private foundation, based in BANGOR, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $34.7M in total assets. In 2024, it made $1.5M in qualifying distributions. Net investment income was $4.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$34.7M
+15.1% YoY
Revenue
$6.1M
+341.8% YoY
Qualifying Distributions
$1.5M
+22.4% YoY
Expenses
$1.5M
+16.6% YoY
About Galen Cole Family Foundation
Based on IRS filings
Galen Cole Family Foundation is a private foundation, based in BANGOR, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $34.7M in total assets. In 2024, it made $1.5M in qualifying distributions. Net investment income was $4.2M.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $34,703,669 | $30,157,745 | $30,089,007 |
| Revenue | $6,060,229 | $1,371,665 | $42,451 |
| Expenses | $1,520,438 | $1,303,460 | $1,201,735 |
| Qualifying Distributions | $1,452,498 | $1,186,614 | $1,090,608 |
| Net Investment Income | $4,207,611 | $1,112,815 | $394,747 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC VOGELL | TREASURER | 1 | — |
| KRISTIN VOGELL | CHAIR | 1 | — |
| JOHN R THOMAS | VICE CHAIR | 1 | — |
| MICHAEL VARNEY | TRUSTEE | 1 | — |
| SCOTT OXLEY | PRESIDENT | 40 | $299,520 |
| GEORGE EATON | TRUSTEE | 1 | — |
| JENNIFER MUNSON | MUSEUM DIREC | 40 | $68,504 |
Frequently Asked Questions
How large is Galen Cole Family Foundation?
As of 2024, Galen Cole Family Foundation holds $34.7M in total assets with $6.1M in annual revenue.
What is Galen Cole Family Foundation's EIN?
Galen Cole Family Foundation's EIN (Employer Identification Number) is 23-7425774. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Galen Cole Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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