William E Cole Family Foundation Inc

Private foundation · Grantmaker San Diego, CA EIN: 82-5014016

William E Cole Family Foundation Inc is a private foundation, based in San Diego, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 3 grants totaling $192K. Net investment income was $78K.

Key facts about William E Cole Family Foundation Inc

In short: William E Cole Family Foundation Inc gave $192K across 3 grants in 2025 (avg $64K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
82-5014016
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$192,285
Grants made (2025)
3
Average grant
$64,095
Median grant
$25,214
Total assets
$1,785,699
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.8M

-2.5% YoY

Annual Giving

$192K

+30.6% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$64K

+30.6% YoY

Under IRS private-foundation payout rules, William E Cole Family Foundation Inc reported a distributable amount of $101K for 2025 — the minimum it must pay out in qualifying distributions.

How William E Cole Family Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (−4%). Method
  • In 2025 it paid out 192% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

San DiegoDavis

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K2 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $35K (2020) to $200K (2022). In 2025 it made 3 grants totaling $192K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Zoological Society of San Diego: $162KZoological Society of SanDiego$162KSan Diego Natural History Museum: $25KSan Diego Natural HistoryMuseum$25KSports for Exceptional Athletes: $5KSports for ExceptionalAthletes$5K

The largest 2025 recipient was Zoological Society of San Diego ($162K). Together the top 3 received $192K.

Grant Size Distribution

15 grants across all recorded years

9<$50K3$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 15 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Zoological Society of San Diego San Diego, CAFunds for Discretionary Use$162,071
San Diego Natural History Museum San Diego, CAFunds for Discretionary Use$25,214
Sports for Exceptional Athletes San Diego, CAFunds for Discretionary Use$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,785,699$1,830,746$1,978,187
Revenue$93,468$-12,527$65,116
Expenses$210,999$171,607$139,644
Qualifying Distributions$195,212$154,425$126,016
Net Investment Income$77,681$62,257$51,952
Distributable Amount$101,476$99,635$93,798

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

William E Cole Family Foundation Inc is led by Gregory W. Hoover, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gregory W. Hoover

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kimberly Cole

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Pamela S. Rice

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about William E Cole Family Foundation Inc

How much does William E Cole Family Foundation Inc give each year?

William E Cole Family Foundation Inc gave $192K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $147K across 3 grants.

What is William E Cole Family Foundation Inc's typical grant size?

William E Cole Family Foundation Inc's median grant in 2025 was $25,214, and its average grant was $64,095, across 3 grants on its 2025 IRS Form 990-PF.

Where does William E Cole Family Foundation Inc give grants?

William E Cole Family Foundation Inc gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were San Diego, CA (3 grants).

Does William E Cole Family Foundation Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on William E Cole Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Funds for Discretionary Use" (3 grants).

How large is William E Cole Family Foundation Inc?

William E Cole Family Foundation Inc reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $195K in qualifying distributions that year, against a required minimum of $101K (roughly 5% of its investment assets).

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 2020–2025.

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

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