The Cole Charitable Trust UA 10261999
The Cole Charitable Trust UA 10261999 is a private foundation based in Chicago, Illinois. Its 2024 filing reports grants to charitable organizations, with the largest awards going to organizations in Georgia.
Key facts about The Cole Charitable Trust UA 10261999
In short: The Cole Charitable Trust UA 10261999 gave $265K across 10 grants in 2024 (avg $27K), mostly in Georgia. 60% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 58-6400414
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $265,000
- Grants made (2024)
- 10
- Average grant
- $26,500
- Median grant
- $10,000
- New grantees (estimate)
- 60% first-time grantees (6 of 10, 2024)
- Total assets
- $3,470,918
- Primary geography
- Georgia (92% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
+13.4% YoY
Annual Giving
$265K
+23.3% YoY
Grant Count
10
+42.9% YoY
Avg Grant Size
$27K
-13.7% YoY
Under IRS private-foundation payout rules, The Cole Charitable Trust UA 10261999 reported a distributable amount of $252K for 2024 — the minimum it must pay out in qualifying distributions.
Is The Cole Charitable Trust UA 10261999 open to new grantees?
60%
first-time grantees, 2024
In 2024, 6 of 10 grantees (60%) were first-time recipients. First grants averaged $13K; repeat grants $46K. How we count
Medians: $12K first-time, $10K repeat.
- 40% of 2024 grantees were also funded in 2023. Method
- Giving grew 67% from 2021 to 2024. Method
- In 2024 it paid out 106% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The available filing information does not state the foundation’s own mission. Its 2024 grants went to organizations including a school, health center, churches and Christian organizations, and a research foundation. These are descriptions of grantees, not stated priorities of the foundation.
Wesleyan School describes its mission as providing a college-preparatory education guided by Christian principles and beliefs, while nurturing students’ minds, bodies, and spirits. Good Samaritan Health Center says it provides medical, dental, health education, counseling, and social services to medically underserved people in Gwinnett County, Georgia. Redeemer City to City says it exists to multiply churches and Christian leaders committed to gospel movements in cities. The George C. Marshall Research Foundation says it perpetuates Marshall’s legacy through scholarship, leadership, and educational programs.
Grantmaking
In filing year 2024, the foundation awarded 10 grants totaling $265,000. Grant amounts ranged from $5,000 to $160,000, with a median of $10,000. The largest awards were $160,000 to Wesleyan School, $25,000 to All Saints–St. Luke’s Episcopal, $20,000 to National Christian Charitable, and $15,000 to Community Foundation for Northeast Georgia. Each was reported for general support.
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Geographic Focus
Where this funder awards grants
In 2024, 92% of grant dollars went to recipients in Georgia, 5% to Virginia, and 3% to New York.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $129K (2020) to $265K (2024). In 2024 it made 10 grants totaling $265K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Wesleyan School ($160K). Together the top 10 received $265K.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 47 grants of 50 (94%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wesleyan School Peachtree Corr, GA | General Support | $160,000 |
| All Saints - St Lukes Episcopal Atlanta, GA | General Support | $25,000 |
| National Christian Charitable Alpharetta, GA | General Support | $20,000 |
| Community Foundation for Northeast GA Duluth, GA | General Support | $15,000 |
| Good Samaritan Health Center Norcross, GA | General Support | $10,000 |
| Peachtree Church Atlanta, GA | General Support | $10,000 |
| Redeemer City to City New York, NY | General Support | $8,000 |
| George C Marshall Research Foundation Lexington, VA | General Support | $7,000 |
| Promise 686 Inc Norcross, GA | General Support | $5,000 |
| Christchurch School Christchurch, VA | General Support | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $3,470,918 | $364,447 | $269,350 | $265,000 |
| 2023 | $3,060,607 | $308,608 | $218,390 | $215,000 |
| 2022 | $3,089,870 | $298,345 | $189,845 | $170,000 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,470,918 | $3,060,607 | $3,089,870 |
| Revenue | $364,447 | $308,608 | $298,345 |
| Expenses | $269,350 | $218,390 | $189,845 |
| Qualifying Distributions | $267,637 | $216,918 | $172,233 |
| Net Investment Income | $269,211 | $195,280 | $132,643 |
| Distributable Amount | $251,861 | $223,225 | $224,833 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Madison F. Cole Jr. and Sharon J. Cole as trustees.
The Cole Charitable Trust UA 10261999's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Madison F. Cole Jr.
Trustee
On filings since 2020
1 hr/week
No compensation reported
Sharon J. Cole
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: PO Box 803878, Chicago, IL 60680
Phone: (404) 240-3567
Frequently asked questions about The Cole Charitable Trust UA 10261999
How much does The Cole Charitable Trust UA 10261999 give each year?
The Cole Charitable Trust UA 10261999 gave $265K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $215K across 7 grants.
What is The Cole Charitable Trust UA 10261999's typical grant size?
The Cole Charitable Trust UA 10261999's median grant in 2024 was $10,000, and its average grant was $26,500, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Cole Charitable Trust UA 10261999 that year got $13K on average.
Where does The Cole Charitable Trust UA 10261999 give grants?
The Cole Charitable Trust UA 10261999 gives mostly in Georgia: 92% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Atlanta, GA (2 grants) and Norcross, GA (2 grants).
Does The Cole Charitable Trust UA 10261999 give general operating support?
Yes: 100% of The Cole Charitable Trust UA 10261999's 2024 grants with a stated purpose (10 of 10) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Cole Charitable Trust UA 10261999's largest grantees?
The Cole Charitable Trust UA 10261999's largest 2024 grantees include Wesleyan School ($160,000), All Saints - St Lukes Episcopal ($25,000) and National Christian Charitable ($20,000), according to its 2024 IRS Form 990-PF. Together they received 77% of its itemized 2024 grant dollars.
How large is The Cole Charitable Trust UA 10261999?
The Cole Charitable Trust UA 10261999 reported $3.5M in total assets on its 2024 IRS Form 990-PF. It paid out $268K in qualifying distributions that year, against a required minimum of $252K (roughly 5% of its investment assets).
What does The Cole Charitable Trust UA 10261999 fund?
The available filing information does not state the foundation’s own mission. Its 2024 grants went to organizations including a school, health center, churches and Christian organizations, and a research foundation. These are descriptions of grantees, not stated priorities of the foundation. See mission & focus areas ↑
How do I apply for a grant from The Cole Charitable Trust UA 10261999?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Cole Charitable Trust UA 10261999's EIN?
The Cole Charitable Trust UA 10261999's EIN (Employer Identification Number) is 58-6400414. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Cole Charitable Trust UA 10261999 accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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