The Cole Family Foundation
The Cole Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Owasso, OK. IRS filing data is available from 2020 through 2021. In 2021, it awarded 15 grants totaling $5K.
Key facts about The Cole Family Foundation
In short: The Cole Family Foundation gave $5K across 15 grants in 2021 (avg $300), mostly in Oklahoma. Source: 2021 IRS Form 990-PF.
- EIN
- 73-1577358
- Latest 990 filing
- Form 990-PF, 2021
- Annual giving (2021)
- $4,500
- Grants made (2021)
- 15
- Average grant
- $300
- Median grant
- $250
- Primary geography
- Oklahoma (100% of itemized 2021 grant dollars)
Data from IRS Form 990-PF, 2021; updated September 2026.
Quick answers about The Cole Family Foundation
How much does The Cole Family Foundation give each year?
The Cole Family Foundation gave $5K across 15 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $5K across 16 grants.
What is The Cole Family Foundation's typical grant size?
The Cole Family Foundation's median grant in 2021 was $250, and its average grant was $300, across 15 grants on its 2021 IRS Form 990-PF.
Where does The Cole Family Foundation give grants?
The Cole Family Foundation gives mostly in Oklahoma: 100% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Tulsa, OK (14 grants).
Does The Cole Family Foundation give general operating support?
Yes: 93% of The Cole Family Foundation's 2021 grants with a stated purpose (14 of 15) were for general or operating support, per its 2021 IRS Form 990-PF.
Who are The Cole Family Foundation's largest grantees?
The Cole Family Foundation's largest 2021 grantees include Oklahoma Methodist Manor ($1,000), The University of Oklahoma Foundation ($500) and The University of Tulsa ($500), according to its 2021 IRS Form 990-PF. Together they received 44% of its itemized 2021 grant dollars.
How The Cole Family Foundation gives
- 100% of 2021 grantees were also funded in 2020. Method
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Cole Family Foundation
- How to evaluate The Cole Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$5K
-10.0% YoY
Grant Count
15
-6.3% YoY
Avg Grant Size
$300
-4.0% YoY
Under IRS private-foundation payout rules, The Cole Family Foundation reported a distributable amount of $224 for 2021 — the minimum it must pay out in qualifying distributions.
About The Cole Family Foundation
Based on IRS filings
The Cole Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Owasso, OK. IRS filing data is available from 2020 through 2021. In 2021, it awarded 15 grants totaling $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 15 itemized 2021 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $5,162 |
| Revenue | $189 | $-3,553 |
| Expenses | $5,351 | $5,676 |
| Qualifying Distributions | $4,500 | — |
| Net Investment Income | — | — |
| Distributable Amount | $224 | $542 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
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 2021
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| OKLAHOMA METHODIST MANOR Tulsa, OK | GENERAL FUND | $1,000 |
| THE UNIVERSITY OF OKLAHOMA FOUNDATION Oklahoma City, OK | COLLEGE OF ENGINEERING | $500 |
| THE UNIVERSITY OF TULSA Tulsa, OK | GENERAL FUNDSCHOOL OF NURSING | $500 |
| COMMUNITY FOOD BANK OF NE OKLAHOMA Tulsa, OK | GENERAL FUND | $350 |
| LIFE SENIOR SERVICES Tulsa, OK | GENERAL FUND | $350 |
| TULSA DAY CENTER FOR THE HOMELESS Tulsa, OK | GENERAL FUND | $350 |
| ANIMAL AID OF TULSA Tulsa, OK | GENERAL FUND | $250 |
| HUMANE SOCIETY OF TULSA Tulsa, OK | GENERAL FUND | $250 |
| MEALS ON WHEELS OF METRO TULSA Tulsa, OK | GENERAL FUND | $250 |
| TULSA SPCA Tulsa, OK | GENERAL FUND | $200 |
Leadership & Key People
Officers and directors from IRS filings
The Cole Family Foundation's 2021 filing lists 2 officers; none of the 2 officers listed in 2021 report compensation.
Officers on the 2021 filing
Charles M. Cole III
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Marjean F. Cole
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Cole Family Foundation?
The Cole Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Owasso, OK. It holds — in total assets as of 2021.
How much is The Cole Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, The Cole Family Foundation reported a distributable amount of $224 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cole Family Foundation's EIN?
The Cole Family Foundation's EIN (Employer Identification Number) is 73-1577358. IRS Form 990 filing data is available on this page for 2020–2021.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.