Funder DirectoryOlive B Cole Foundation Inc
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Private foundation (trust)EIN 356040491Est. 1958-10

Olive B Cole Foundation Inc

Fort Wayne, IN 46804

Accepts unsolicited proposals

Total Assets

$36.2M

FY 2024

Annual Giving

$1.3M

FY 2024

Grants Made

64

FY 2024

Avg Grant

$20K

FY 2024

Grant Range

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

Scholarship program: Grants are awarded college students under a preiously approved scholarship porgram which is administered by the Foundation

Program 2

Affiliated Entity: The foundation provides technical assistance and administered services to ELOC, Inc. without charge. ELOC, Inc. is a private operating foundation

Financial Snapshot

2024 filing

Total Revenue

$1.5M

Total Expenses

$1.7M

Qualifying Distributions

$1.6M

Distributable Amount

$1.8M

Min. Investment Return

$1.8M

Undistributed Income

$1.7M

Payout rate 89%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.89%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

6 years

Giving over time from 2019 to 2024. Peak $1.5M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

305 grants

Scholarships paid (see attached list)
$976K
4 grants
Cole Center Family YMCA
$575K
6 grants
Trine University
$353K
5 grants
Fort Wayne Children's Zoo
$311K
4 grants
Junior Achievement of Northern Indiana
$298K
7 grants
Scholarship grants - see attached list
$266K
1 grant
Scholarships
$241K
1 grant
Auburn Cord Duesenberg Museum
$215K
5 grants

Grant Size Distribution

304 grants

<$10K
139
grants
$10–50K
134
grants
$50–250K
28
grants
$250K–1M
3
grants
$1–5M
$5M+

Geographic Focus

2 states

Indiana
$7.9M
100% of total
Michigan
$25K
0% of total

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Olive B Cole Foundation Inc — Grants, Financials & Contact | Grantivo