Matt and JEN Cole Foundation

Private foundation · Grantmaker Lakeville, NY EIN: 99-2008862

Matt and JEN Cole Foundation is a private foundation, based in Lakeville, NY. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $59K in total assets. In 2025, it awarded 1 grant totaling $250. Net investment income was $165.

Key facts about Matt and JEN Cole Foundation

In short: Matt and JEN Cole Foundation gave $250 across 1 grant in 2025 (avg $250), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
99-2008862
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$250
Grants made (2025)
1
Average grant
$250
Median grant
$250
Total assets
$59,163
Primary geography
New York (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$59K

Annual Giving

$250

Grant Count

1

Avg Grant Size

$250

Under IRS private-foundation payout rules, Matt and JEN Cole Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

How Matt and JEN Cole Foundation gives

  • In 2025 it paid out 49% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

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

States

Cities

Livonia

Giving Over Time

Total grant dollars and number of grants per year

$0$100$200$3000 grants2024 1 grant2025

In 2025 it made 1 grant totaling $250.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Sent by Ravens: $250Sent by Ravens$250

The largest 2025 recipient was Sent by Ravens ($250).

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sent by Ravens Livonia, NYGift for Operations$250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2024 2025
Metric20252024
Total Assets$59,163—
Revenue$67,120—
Expenses$6,567—
Qualifying Distributions$750—
Net Investment Income$165—
Distributable Amount$1,520—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2024 (received by the IRS October 29, 2025)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 1, 2026)

Leadership & Key People

Officers and directors from IRS filings

Matt and JEN Cole Foundation is led by Matt Cole, President on every filing since 2024; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Matt Cole

    President

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Jennifer Cole

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2024–2025. "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 Matt and JEN Cole Foundation

How much does Matt and JEN Cole Foundation give each year?

Matt and JEN Cole Foundation gave $250 across 1 grant in 2025, according to its 2025 IRS Form 990-PF.

How large is Matt and JEN Cole Foundation?

Matt and JEN Cole Foundation reported $59K in total assets on its 2025 IRS Form 990-PF. It paid out $750 in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Matt and JEN Cole Foundation operate?

Matt and JEN Cole Foundation has awarded grants in New York.

What is Matt and JEN Cole Foundation's EIN?

Matt and JEN Cole Foundation's EIN (Employer Identification Number) is 99-2008862. IRS Form 990 filing data is available on this page for 2024–2025.

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

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