The Paul & Carol Cole Foundation Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Paul & Carol Cole Foundation Inc. Data shown is extracted from Form 990-PF filings.

EIN: 54-1830656

Foundation Overview

Based in Bluefield, WV, The Paul & Carol Cole Foundation Inc has awarded 78 grants totaling $891,288 to organizations in Virginia and West Virginia. Individual grants range from $1,000 to $82,879, with a median award of $5,000.

Latest Tax Year
2024
Total Giving (all years)
$891,288
Total Assets
$5,548,230
Median Grant (all grants)
$5,000

Latest Form 990-PF Snapshot

Total Grants
15
Median Grant
$6,000
% Median Grant Growth
+20% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Relationship-Focused: 20%

3 of 15 recipients (20%) were new grantees. Foundation strongly favors organizations with proven track records. New partnerships develop slowly over time.

Geographic Focus
West Virginia

91% of all grants are concentrated in West Virginia, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within West Virginia, funding concentrates in Bluefield (90%), Princeton (10%).

Funding Trajectory
+964%

Strong 964% growth in annual giving over 4 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
General Purposes + 3 others

Diversified giving across multiple program areas with primary emphasis on general purposes (72%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into The Paul & Carol Cole Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Blue Ridge Junior Golf Tour $5,000 Bluefield, WV, US General Contribution 2024
Bluefield State University $9,400 Bluefield, WV, US Golf Program 2024
Bluefield State University $6,000 Bluefield, WV, US W. Paul Cole School Of Business 2024
City Of Bluefield $1,500 Bluefield, WV, US Public Works Android Tablets 2024
City Of Bluefield $82,879 Bluefield, WV, US General Contribution 2024
Hope Ridge Recovery Inc $5,000 Bluefield, WV, US General Contribution 2024
Town Of Bluefield Virginia $33,710 Bluefield, VA, US General Contribution 2024
Town Of Bluefield Virginia $2,608 Bluefield, VA, US Fincastle Golf 2024
Community Connections $2,500 Princeton, WV, US General Contribution 2024
Scott Street Baptist Church $7,280 Bluefield, WV, US Sound System 2024
Wade Center $2,000 Bluefield, WV, US Field Trip 2024
Mercer County Schools $5,500 Princeton, WV, US Pikeview Middle School Privacy Screens On Ground Floor 2024
Bluefield State University $25,000 Bluefield, WV, US Scholarship Fund 2024
Bluefield State University $25,000 Bluefield, WV, US President's House Rehab 2024
Bluefield State University Foundation $10,000 Bluefield, WV, US Big Blue Booster 2024
Bluefield State University $10,000 Bluefield, WV, US Golf Program 2023
Bluefield State University $50,000 Bluefield, WV, US Beautification 2023
City Of Bluefield $4,600 Bluefield, WV, US Public Works Android Tablets 2023
City Of Bluefield $2,500 Bluefield, WV, US Beautification Commission 2023
Hope Ridge Recovery Inc $4,000 Bluefield, WV, US General Contribution 2023
Blue Ridge Junior Golf Tour $5,000 Bluefield, WV, US General Contribution 2023
Graham High School $1,200 Bluefield, VA, US Golf Team 2023
Greater Princeton Little League $5,000 Princeton, WV, US Lighting At Little League Complex 2023
Town Of Bluefield Virginia $21,950 Bluefield, VA, US Harmony Acres Pool Heater 2023
Town Of Bluefield Virginia $3,168 Bluefield, VA, US Cpr/aed Training Mannequins 2023
City Of Bluefield $6,300 Bluefield, WV, US Recovery Point Lawn Maintenance 2023
City Of Bluefield $30,600 Bluefield, WV, US Bobcat Attachments 2023
City Of Bluefield $3,000 Bluefield, WV, US Bluefield Police Department 2023
City Of Bluefield $5,280 Bluefield, WV, US Fire Department Gas Monitors 2023
City Of Bluefield $45,000 Bluefield, WV, US Van 2023
Bluefield State University $20,000 Bluefield, WV, US To Assist With Heritage Village Cleanup 2022
Hope Ridge Recovery Inc $5,000 Bluefield, WV, US To Support The Mission Of The Organization 2022
Second Chance For Cats $2,500 Bluefield, WV, US To Support The Mission Of The Organization 2022
Wade Center $5,000 Bluefield, WV, US To Support The Mission Of The Organization 2022
First Presbyterian Church $5,000 Bluefield, WV, US Recovery Ministry 2022
Mercer County Fellowship Home $2,500 Bluefield, WV, US To Support The Mission Of The Organization 2022
Mountain Acres Properties Inc $5,000 Princeton, WV, US Renovations To Elm Street Property 2022
City Of Bluefield $50,000 Bluefield, WV, US Renovatons To Little League Baseball Fields 2022
City Of Bluefield $6,500 Bluefield, WV, US Dog Park Infrastructure 2022
City Of Bluefield $30,000 Bluefield, WV, US East River Mountain Playground 2022
Scott Street Baptist Church $5,000 Bluefield, WV, US Religious 2022
Bluefield State University $5,000 Bluefield, WV, US Golf Program 2022
Bluefield State University $20,000 Bluefield, WV, US To Assist With Heritage Village Cleanup 2022
Hope Ridge Recovery Inc $5,000 Bluefield, WV, US To Support The Mission Of The Organization 2022
Second Chance For Cats $2,500 Bluefield, WV, US To Support The Mission Of The Organization 2022
Wade Center $5,000 Bluefield, WV, US To Support The Mission Of The Organization 2022
First Presbyterian Church $5,000 Bluefield, WV, US Recovery Ministry 2022
Mercer County Fellowship Home $2,500 Bluefield, WV, US To Support The Mission Of The Organization 2022
Mountain Acres Properties Inc $5,000 Princeton, WV, US Renovations To Elm Street Property 2022
City Of Bluefield $50,000 Bluefield, WV, US Renovatons To Little League Baseball Fields 2022
City Of Bluefield $6,500 Bluefield, WV, US Dog Park Infrastructure 2022
City Of Bluefield $30,000 Bluefield, WV, US East River Mountain Playground 2022
Scott Street Baptist Church $5,000 Bluefield, WV, US Religious 2022
Bluefield State University $5,000 Bluefield, WV, US Golf Program 2022
Bluefield State University $20,000 Bluefield, WV, US To Assist With Heritage Village Cleanup 2022
Hope Ridge Recovery Inc $5,000 Bluefield, WV, US To Support The Mission Of The Organization 2022
Second Chance For Cats $2,500 Bluefield, WV, US To Support The Mission Of The Organization 2022
Wade Center $5,000 Bluefield, WV, US To Support The Mission Of The Organization 2022
First Presbyterian Church $5,000 Bluefield, WV, US Recovery Ministry 2022
Mercer County Fellowship Home $2,500 Bluefield, WV, US To Support The Mission Of The Organization 2022
Mountain Acres Properties Inc $5,000 Princeton, WV, US Renovations To Elm Street Property 2022
City Of Bluefield $50,000 Bluefield, WV, US Renovatons To Little League Baseball Fields 2022
City Of Bluefield $6,500 Bluefield, WV, US Dog Park Infrastructure 2022
City Of Bluefield $30,000 Bluefield, WV, US East River Mountain Playground 2022
Scott Street Baptist Church $5,000 Bluefield, WV, US Religious 2022
Bluefield State University $5,000 Bluefield, WV, US Golf Program 2022
Town Of Bluefield Va Police Dept $4,813 Bluefield, VA, US To Assist With Purchasing Ballistic Shield 2021
Bluefield State University $10,000 Bluefield, WV, US To Assist With Purchasing Medical Center Lobby Furniture 2021
Rocky Gap Volunteer Fire Dept $1,000 Rocky Gap, VA, US To Support The Mission Of The Organization 2021
Second Chance For Cats $1,000 Bluefield, WV, US To Support The Mission Of The Organization 2021
The Wade Center $1,500 Bluefield, WV, US To Assist In Purchasing A Lawn Mower 2021
Hope Ridge Recovery Inc $3,000 Bluefield, WV, US To Support The Mission Of The Organization 2021
Lead Program $1,500 Bluefield, WV, US To Support The Mission Of The Organization 2021
Westminster At Wade Llc $2,000 Bluefield, WV, US To Assist With Fencing 2021
Bluefield Arts And Revitalization Corporation $3,000 Bluefield, WV, US To Support The Mission Of The Organization 2020
Bluefield State College Foundation $15,000 Bluefield, WV, US To Support The W. Paul Cole School Of Business 2020
Child Protect Of Mercer County $1,500 Princeton, WV, US To Support The Mission Of The Organization 2020
Second Chance For Cats $1,500 Bluefield, WV, US To Support The Mission Of The Organization 2020

Foundations Similar to The Paul & Carol Cole Foundation Inc

Discover 5 foundations with comparable assets ($4,824,711-$5,565,853), similar grant patterns, and geographic focus in WV that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 27-4002334 | 197 grants awarded
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$10,000
median grant
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Same state
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Excellent match

EIN: 26-6449761 | 63 grants awarded
$5,469,639
(≈ Similar)
$5,000
median grant
Charleston, WV
Same state
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Excellent match

EIN: 55-0755475 | 408 grants awarded
$5,109,852
(≈ Similar)
$6,450
median grant
Berkeley Springs, WV
Same state
96%
Excellent match

EIN: 20-2790169 | 144 grants awarded
$5,007,821
(≈ Similar)
$9,000
median grant
Wheeling, WV
Same state
95%
Excellent match

EIN: 55-6014902 | 235 grants awarded
$4,824,711
(≈ Similar)
$10,000
median grant
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Same state
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Excellent match

Contact Information

Official contact details for The Paul & Carol Cole Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 54-1830656
Website N/A
Address 2126 REID AVENUE Bluefield, WV 24701-0000

Key People (7)

Board members, trustees, and key staff who oversee The Paul & Carol Cole Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Vice President William P Cole
President Charles M Cole Sr
Director Jason P Cole
Director Charles M Cole Jr
Secretary/treasurer Lea-anne L Greene

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for The Paul & Carol Cole Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.