The Colen Foundation Inc
https://N/A
$21.4M
Total Assets (2024)
$547K
Total Giving (2024)
22
Grants on File (2024–2024)
$25K
Avg Grant Size
About
Taxpayer resided in a qualified disaster relief area that was impacted by Hurricane Debby, Helene and Milton in 2024. The 2023 Q3 & Q4 estimated tax payments and Extension payment were not due until 5/1/2025 under the relief in place. The taxpayer made their 2023 Q3 & Q4 and 2023 extension payment which included the amount owed for previous quarters prior to the 5/1/2025 deadline.
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
Krystel Torres
Phone
3528730848
Deadlines
NONE
How to Apply
THE FOUNDATION HAS AN "APPLICATION FOR GRANT" FORM TO BE COMPLETED BY ALL 501(C)(3) APPLICANTS. IN ADDITION, THE FOUNDATION, THROUGH ITS BOARD OF DIRECTORS, HAS ESTABLISHED CERTAIN PROCEDURES TO BE FOLLOWED IN EVALUATING POTENTIAL BENEFICIARIES OF ITS REMAINDER INTEREST PROGRAM. THE BOARD OF DIRECTORS OF THE COLEN FOUNDATION, INC. EVALUATES POTENTIAL BENEFICIARIES PRIOR TO APPROVAL OF THEIR PARTICIPATION IN ITS RENTAL OR REMAINDER INTEREST PROGRAM. THE PROCEDURES SET FORTH BELOW ARE TO BE FOLLOWED IN EVALUATING EACH BENEFICIARY:1. ADVISE THE SENIOR CITIZEN TO SEEK INDEPENDENT LEGAL COUNSEL AND INDEPENDENT FINANCIAL ADVICE.2. DETERMINE THAT THE SENIOR CITIZEN HAS NO MORE THAN A MODERATE INCOME OR LOW INCOME THAT PROVIDES INSUFFICIENT CASH FOR DAILY LIVING EXPENSES. 3. DETERMINE THAT THE MARKET VALUE OF THE SENIOR CITIZEN'S HOME IS IN A MODERATE PRICE RANGE (IN THE CASE OF THE REMAINDER INTEREST PROGRAM).4. CONSULT WITH THE SENIOR CITIZEN'S RELATIVES REGARDING THE POSSIBILITY OF PROVIDIN
Restrictions
THE FOUNDATION MAKES GRANTS TO QUALIFIED CHARITIES AND PROVIDES ASSISTANCE TO THE CHARITABLE CLASS OF THE AGED TO ENABLE MEMBERS OF THE CLASS TO MAINTAIN A MODEST STANDARD OF LIVING IN THEIR COMMUNITIES DURING THEIR DECLINING YEARS.
Grant Size Distribution
Min: $2K
Median: $10K
Avg: $25K
Max: $143K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| STEPHANIE BERGEN | ASST SEC | — |
| KENNETH D COLEN | President | — |
| ROBERT COLEN | ASST SEC/DIR | — |
| GERALD R COLEN | TREAS/SEC/DIR | — |
| LESLEE R COLEN | Vice President | — |
Grants Awarded (22 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| Horticultural Arts Park Institute I | Ocala, FL | $142,846 | Charitable Contribution | 2024 |
| Temple Beth Shalom | Ocala, FL | $75,000 | Charitable Contribution | 2024 |
| Congregation B'nai Israel of St Pet | St Petersburg, FL | $70,000 | Charitable Contribution | 2024 |
| Project Hope of Marion County | Ocala, FL | $50,000 | Charitable Contribution | 2024 |
| Life Estate Karel Dupree | Ocala, FL | $48,039 | Support and Assist Aged Individuals | 2024 |
| Hillel School of Tampa Inc | Tampa, FL | $40,000 | Charitable Contribution | 2024 |
| Tampa Bay Performing Arts Center | Tampa, FL | $25,000 | Charitable Contribution | 2024 |
| Hand In Hand Center for Jewish-Arab | Portland, OR | $18,000 | Charitable Contribution | 2024 |
| Life Estate Marguerite Cox | Ocala, FL | $12,667 | Support and Assist Aged Individuals | 2024 |
| Union for Reform Judiasm-Camp Colem | Atlanta, GA | $10,000 | Charitable Contribution | 2024 |
| Savannah Voice Festival Inc | Savannah, GA | $10,000 | Charitable Contribution | 2024 |
| The Community Foundation for Ocala | Ocala, FL | $10,000 | Charitable Contribution | 2024 |
| Friends of Yad LaKashish-Lifeline f | Englewood, NJ | $10,000 | Charitable Contribution | 2024 |
| Hillel Jewish Student Center of St | Tampa, FL | $5,000 | Charitable Contribution | 2024 |
| Neighborly Care Network | Clearwater, FL | $3,000 | Charitable Contribution | 2024 |
| Canine Companions for Independence | Orlando, FL | $3,000 | Charitable Contribution | 2024 |
| National Disaster Search Dog | Santa Paula, CA | $3,000 | Charitable Contribution | 2024 |
| Public Education Foundation of Mari | Ocala, FL | $3,000 | Charitable Contribution | 2024 |
| Life Estate Judith Packard | Ocala, FL | $2,064 | Support and Assist Aged Individuals | 2024 |
| The Perlman Music Program Suncoast | Sarasota, FL | $2,000 | Charitable Contribution | 2024 |
| Israel Guide Dog Center for the Bli | Warrington, PA | $2,000 | Charitable Contribution | 2024 |
| Canine Assisted Therapy Inc | Oakland Park, FL | $2,000 | Charitable Contribution | 2024 |