The Paul & Carol Cole Foundation Inc

BLUEFIELD, WV EIN: 54-1830656

The Paul & Carol Cole Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLUEFIELD, WV. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.5M in total assets. In 2025, it awarded 15 grants totaling $223K. Net investment income was $141K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.5M

+2.5% YoY

Annual Giving

$223K

+13.0% YoY

Grant Count

15

+0.0% YoY

Avg Grant Size

$15K

+13.0% YoY

About The Paul & Carol Cole Foundation Inc

Based on IRS filings

The Paul & Carol Cole Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLUEFIELD, WV. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.5M in total assets. In 2025, it awarded 15 grants totaling $223K. Net investment income was $141K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BluefieldPrincetonRocky Gap

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20212022202320242025
Metric202520242023
Total Assets$4,494,931$4,386,373$4,424,094
Revenue$383,007$214,502$563,105
Expenses$274,449$252,223$172,579
Qualifying Distributions$230,225$203,837$147,251
Net Investment Income$140,609$123,990$84,085
Distributable Amount$258,045$231,455$210,593

Giving Over Time

Total grant dollars and number of grants per year

$0$56K$112K$168K$223K4 grants20218 grants202212 grants202315 grants202415 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

CITY OF BLUEFIELD$83KTOWN OF BLUEFIELD VIRGINIA$34KBLUEFIELD STATE UNIVERSITY$25KBLUEFIELD STATE UNIVERSITY$25KBLUEFIELD STATE UNIVERSI…$10KBLUEFIELD STATE UNIVERSITY$9KSCOTT STREET BAPTIST CHU…$7KBLUEFIELD STATE UNIVERSITY$6KMERCER COUNTY SCHOOLS$6KBLUE RIDGE JUNIOR GOLF T…$5K

Grant Size Distribution

54 grants across all recorded years

51<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
WILLIAM P COLEVICE PRESIDENT
CHARLES M COLE SRPRESIDENT
JASON P COLEDIRECTOR
CHARLES M COLE JRDIRECTOR
LEA-ANNE L GREENESECRETARY/TREASURER
GARRY MOOREDIRECTOR
THOMAS J COLEDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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