The Cole Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOBILE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $826K in total assets. In 2024, it awarded 7 grants totaling $42K. Net investment income was $60K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$826K
+2.0% YoY
Annual Giving
$42K
-4.5% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$6K
-4.5% YoY
About The Cole Foundation Trust
Based on IRS filings
The Cole Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOBILE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $826K in total assets. In 2024, it awarded 7 grants totaling $42K. Net investment income was $60K.
Focus Areas
Ready to take the next step with The Cole Foundation Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $826,422 | $809,930 | $827,891 |
| Revenue | $72,070 | $38,411 | $5,478 |
| Expenses | $55,527 | $56,404 | $51,996 |
| Qualifying Distributions | $43,450 | $45,450 | $37,450 |
| Net Investment Income | $60,091 | $26,131 | $9,626 |
| Distributable Amount | $47,481 | $43,797 | $45,660 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHERINE VANCE | TRUSTEE | 0.1 | — |
| LAURA JC MENARD | TRUSTEE | 0.1 | — |
| ROGER E COLE | TRUSTEE | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Foundation of Marshall Medical
GUNTERSVILLE, AL
Assets
$2.7M
Grants
1
Total Given
$225K
Gamma Theta Educational Foundation Inc
TUSCALOOSA, AL
Assets
—
Grants
0
Total Given
—
The Starfish Project
HOOVER, AL
Assets
$2K
Grants
0
Total Given
—
Michael Nix Arts Scholarship a Non Profit Corp
LEXINGTON, AL
Assets
$461
Grants
0
Total Given
—
Raquib Family Waqf Foundation
BIRMINGHAM, AL
Assets
$759K
Grants
1
Total Given
$86K
A Hays Zieman & Christine B Zieman
MOBILE, AL
Assets
$1.0M
Grants
10
Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Cole Foundation Trust on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities