Funder DirectoryTHE PAUL & CAROL COLE FOUNDATION INC
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Private foundation (trust)EIN 541830656Est. 1998-01

THE PAUL & CAROL COLE FOUNDATION INC

BLUEFIELD, WV 24701

Accepts unsolicited proposals

Total Assets

$5.5M

FY 2024

Annual Giving

$223K

FY 2024

Grants Made

15

FY 2024

Avg Grant

$15K

FY 2024

Grant Range

$2K–$83K

Typical

Deadlines

Open / rolling

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$383K

Total Expenses

$274K

Qualifying Distributions

$230K

Distributable Amount

$258K

Min. Investment Return

$260K

Undistributed Income

$250K

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.

Grant Range

15 grants

Grant sizes from minimum $2K through median $6K to maximum $83K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $223K in 2024. Hover bars for details.

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

Top Recipients

54 grants

CITY OF BLUEFIELD
$268K
12 grants
BLUEFIELD STATE UNIVERSITY
$160K
9 grants
TOWN OF BLUEFIELD VIRGINIA
$61K
4 grants
HOPE RIDGE RECOVERY INC
$17K
4 grants
BLUEFIELD STATE COLLEGE FOUNDATION
$15K
1 grant
SCOTT STREET BAPTIST CHURCH
$12K
2 grants
BLUEFIELD STATE UNIVERSITY FOUNDATION
$10K
1 grant
BLUE RIDGE JUNIOR GOLF TOUR
$10K
2 grants

Grant Size Distribution

54 grants

<$10K
42
grants
$10–50K
11
grants
$50–250K
1
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

West Virginia
$540K
89% of total
Virginia
$68K
11% of total

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