The Cole Family Foundation

OWASSO, OK EIN: 73-1577358

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Oklahoma CityTulsa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$3K$5K$6K20202021
Metric20212020
Total Assets$5,162
Revenue$189$-3,553
Expenses$5,351$5,676
Qualifying Distributions$4,500
Net Investment Income
Distributable Amount$224$542

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$3K$4K$5K16 grants202015 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2021

OKLAHOMA METHODIST MANOR$1KTHE UNIVERSITY OF OKLAHO…$500THE UNIVERSITY OF TULSA$500COMMUNITY FOOD BANK OF N…$350LIFE SENIOR SERVICES$350TULSA DAY CENTER FOR THE…$350ANIMAL AID OF TULSA$250HUMANE SOCIETY OF TULSA$250MEALS ON WHEELS OF METRO…$250TULSA SPCA$200

Grant Size Distribution

31 grants across all recorded years

31<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Oklahoma Methodist Manor ($1,000), The University of Oklahoma Foundation ($500), The University of Tulsa ($500).

RecipientPurposeAmount
ANIMAL AID OF TULSA TULSA, OKGENERAL FUND$250
CLAREHOUSE TULSA, OKGENERAL FUND$100
COMMUNITY FOOD BANK OF NE OKLAHOMA TULSA, OKGENERAL FUND$350
HUMANE SOCIETY OF TULSA TULSA, OKGENERAL FUND$250
JOHN 316 MISSION TULSA, OKGENERAL FUND$100
LIFE SENIOR SERVICES TULSA, OKGENERAL FUND$350
MEALS ON WHEELS OF METRO TULSA TULSA, OKGENERAL FUND$250
NATURE CONSERVANCY TULSA, OKGENERAL FUND$100
OKLAHOMA METHODIST MANOR TULSA, OKGENERAL FUND$1,000
PHILLIPS SEMINARY TULSA, OKGENERAL FUND$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
CHARLES M COLE IIITRUSTEE2
MARJEAN F COLETRUSTEE2

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.

Where does The Cole Family Foundation operate?

The Cole Family Foundation has awarded grants in Oklahoma.

What size grants does The Cole Family Foundation award?

In 2021, The Cole Family Foundation awarded 15 grants totaling $5K — an average of about $300 per grant, based on its IRS Form 990 filings.

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 April 2026. Sourced from IRS Form 990-PF filings.

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