The Cole Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2021 through 2025. In 2025, it awarded 3 grants totaling $525K. Net investment income was $29K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$525K
+236.1% YoY
Grant Count
3
-62.5% YoY
Avg Grant Size
$175K
+796.2% YoY
Under IRS private-foundation payout rules, The Cole Family Foundation reported a distributable amount of $21K for 2025 — 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 GREENSBORO, NC. IRS filing data is available from 2021 through 2025. In 2025, it awarded 3 grants totaling $525K. Net investment income was $29K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | $501,527 | $560,705 |
| Revenue | $30,387 | $107,555 | $15,761 |
| Expenses | $531,914 | $165,609 | $26,777 |
| Qualifying Distributions | $524,607 | $156,100 | $17,500 |
| Net Investment Income | $29,009 | $107,555 | $17,002 |
| Distributable Amount | $20,806 | $28,174 | $27,762 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Greensboro Science Center ($500,000), Community Foundation of Greater Greensboro ($19,607), Lilabean Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LILABEAN FOUNDATION KENSINGTON, MD | TO FUND ESSENTIAL RESEARCH FOR CHILDHOOD BRAIN CANCER AND RAISING AWARENESS ABOUT THE SERIOUSNESS OF THIS DEVASTATING DISEASE. | $5,000 |
| COMMUNITY FOUNDATION OF GREATER GREENSBORO GREENSBORO, NC | TO AID IN ESTABLISHING CHARITABLE FUNDS FOR INDIVIDUALS, FAMILIES, BUSINESSES, FOUNDATIONS, AND NONPROFIT ORGANIZATIONS THAT ADDRESS A WIDE VARIETY OF COMMUNITY ISSUES AND PRIORITIES. | $19,607 |
| GREENSBORO SCIENCE CENTER GREENSBORO, NC | IN SUPPORT OF THE BIODOME AND BEYOND CAPITAL CAMPAIGN. | $500,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUE W COLE | PRESIDENT | 0.25 | — |
| ADRIENNE C SHORTRIDGE | DIRECTOR | 0.1 | — |
| SUZANNE C YAVOR | DIRECTOR | 0.1 | — |
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 GREENSBORO, NC. It holds — in total assets as of 2025.
Where does The Cole Family Foundation operate?
The Cole Family Foundation has awarded grants in Maryland, North Carolina, Virginia.
What size grants does The Cole Family Foundation award?
In 2025, The Cole Family Foundation awarded 3 grants totaling $525K — an average of about $175K 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 2025, The Cole Family Foundation reported a distributable amount of $21K 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 56-2227517. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Cole Family 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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