William E Cole Family Foundation Inc

SAN DIEGO, CA EIN: 82-5014016

William E Cole Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 3 grants totaling $147K. Net investment income was $62K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-7.5% YoY

Annual Giving

$147K

+22.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$49K

+22.3% YoY

Under IRS private-foundation payout rules, William E Cole Family Foundation Inc reported a distributable amount of $100K for 2024 — the minimum it must pay out in qualifying distributions.

About William E Cole Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $623K (100%)

States

California

Cities

DavisSan Diego

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,830,746	$1,978,187	$2,041,704
Revenue	$-12,527	$65,116	$209,727
Expenses	$171,607	$139,644	$221,092
Qualifying Distributions	$154,425	$126,016	$203,128
Net Investment Income	$62,257	$51,952	$193,734
Distributable Amount	$99,635	$93,798	$101,711

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 2024

Grant Size Distribution

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Zoological Society of San Diego ($127,446), Sports for Exceptional Athletes ($10,000), Gorilla Doctors ($9,804).

Recipient	Purpose	Amount
GORILLA DOCTORS DAVIS, CA	FUNDS FOR DISCRETIONARY USE	$9,804
SPORTS FOR EXCEPTIONAL ATHLETES SAN DIEGO, CA	FUNDS FOR DISCRETIONARY USE	$10,000
ZOOLOGICAL SOCIETY OF SAN DIEGO SAN DIEGO, CA	FUNDS FOR DISCRETIONARY USE	$127,446

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GREGORY W HOOVER	PRESIDENT	1	—
PAMELA S RICE	TREASURER	1	—
KIMBERLY COLE	SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is William E Cole Family Foundation Inc?

William E Cole Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. It holds $1.8M in total assets as of 2024.

How large is William E Cole Family Foundation Inc?

As of 2024, William E Cole Family Foundation Inc holds $1.8M in total assets with $-12,527 in annual revenue. It awarded 3 grants totaling $147K in 2024.

Where does William E Cole Family Foundation Inc operate?

William E Cole Family Foundation Inc has awarded grants in California.

What size grants does William E Cole Family Foundation Inc award?

In 2024, William E Cole Family Foundation Inc awarded 3 grants totaling $147K — an average of about $49K per grant, based on its IRS Form 990 filings.

How much is William E Cole Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William E Cole Family Foundation Inc reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William E Cole Family Foundation Inc's EIN?

William E Cole Family Foundation Inc's EIN (Employer Identification Number) is 82-5014016. IRS Form 990 filing data is available on this page for 2020–2024.