The Cole Family Charitable Foundation
The Cole Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARROLLTON, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 65 grants totaling $96K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-6.9% YoY
Annual Giving
$96K
+5.6% YoY
Grant Count
65
+1.6% YoY
Avg Grant Size
$1K
+4.0% YoY
Under IRS private-foundation payout rules, The Cole Family Charitable Foundation reported a distributable amount of $99K for 2024 — the minimum it must pay out in qualifying distributions.
About The Cole Family Charitable Foundation
Based on IRS filings
The Cole Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARROLLTON, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 65 grants totaling $96K. Net investment income was $32K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,018,443 | $2,168,671 | $1,749,920 |
| Revenue | $63,797 | $133,097 | $28,096 |
| Expenses | $102,863 | $95,011 | $131,295 |
| Qualifying Distributions | $102,863 | $95,011 | $131,295 |
| Net Investment Income | $32,283 | $53,160 | $28,096 |
| Distributable Amount | $98,916 | $92,943 | $105,951 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Northside Methodist Church ($7,900), Childrens Healthcare of Atlanta ($5,300), Deerfield Academy ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NATIONAL PSORIASIS FDN PORTLAND, OR | GENERAL FUND | $2,500 |
| UWG FOUNDATION CARROLLTON, GA | FINE ARTS | $2,000 |
| FIRST BAPTIST CHURCH OF CARROLLTON CARROLLTON, GA | GENERAL FUND | $1,050 |
| FRIENDS OF THE FOX ATLANTA, GA | GENERAL FUND | $1,000 |
| CARROLLTON LIONS CLUB CARROLLTON, GA | GENERAL FUND | $300 |
| TANNER MEDICAL FOUNDATION CARROLLTON, GA | GENERAL FUND | $2,500 |
| ATLANTA BOTANICAL GARDEN ATLANTA, GA | GENERAL FUND | $500 |
| CIRCLES OF WEST GEORGIA CARROLLTON, GA | GENERAL FUND | $1,000 |
| ROOPVILLE HISTORICAL SOCIETY ROOPVILLE, GA | GENERAL FUND | $500 |
| LIFT JESUS HIGHER MINISTRIES | GENERAL FUND | $1,550 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES EDWIN COLE | Trustee | 1 | — |
| CAROLE COLE MUSARRA | Trustee | 1 | — |
| CONNIE COLE JONES | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Cole Family Charitable Foundation?
The Cole Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARROLLTON, GA. It holds $2.0M in total assets as of 2024.
How large is The Cole Family Charitable Foundation?
As of 2024, The Cole Family Charitable Foundation holds $2.0M in total assets with $64K in annual revenue. It awarded 65 grants totaling $96K in 2024.
Where does The Cole Family Charitable Foundation operate?
The Cole Family Charitable Foundation has awarded grants in Colorado, District of Columbia, Florida, Georgia, Indiana, Massachusetts, Michigan, Minnesota, North Carolina, New York, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia.
What size grants does The Cole Family Charitable Foundation award?
In 2024, The Cole Family Charitable Foundation awarded 65 grants totaling $96K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Cole Family Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cole Family Charitable Foundation reported a distributable amount of $99K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cole Family Charitable Foundation's EIN?
The Cole Family Charitable Foundation's EIN (Employer Identification Number) is 58-2347978. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Cole Family Charitable 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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