The Gerrit and Amy Cole Foundation

LAKE SUCCESS, NY 11042 EIN 850612436

$1.1M Total Assets (2021)
N/A Total Giving (2021)
29 Grants on File (2020–2024)
N/A Avg Grant Size

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $10,000. This amount represents 25% or more of the Foundation's net assets of $4,960 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone 9499452752

Financial Trends 2022 data appears limited (dashed line) because the IRS transitioned its e-filing system that year and only published 2 months of XML archives.

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2020 N/A $5K $54K N/A
2021 N/A $1.1M $1.1M N/A
2022 $72K $1.4M $440K 9
2023 N/A $2.2M $681K N/A
2024 N/A $2.8M $667K N/A

Grant Size Distribution

Based on 29 grants on record

Minimum
$2K
25th Pctl
$5K
Median
$10K
Average
$11K
75th Pctl
$10K
Maximum
$50K

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
Amy Cole Dir, Pres
Gerrit Cole CFO, Dir
Heather Hargrove Sec
Alexander Stimpson Dir, VP

Grants Awarded (29 total)

RecipientLocationAmountPurposeYear
PEDIATRIC CANCER RESEARCH FOUNDATION IRVINE, CA $50,000 General & Unrestricted 2023
IRVINE BARCLAY THEATRE OPERATING CO IRVINE, CA $40,000 General & Unrestricted 2024
FUND FOR PUBLIC SCHOOLS INC NEW YORK, NY $15,839 Field Trip Grant for the Laboratory School of Finance and Technology 2023
FUND FOR PUBLIC SCHOOLS INC NEW YORK, NY $15,103 Field Trip fund for the Laboratory School of Finance and Technology 2024
BACKHAUS DANCE MISSION VIEJO, CA $15,000 General & Unrestricted 2024
FUND FOR PUBLIC SCHOOLS INC NEW YORK, NY $15,000 X223 program 2022
ARETE EDUCATION INC BRONX, NY $15,000 The Laboratory School of Finance and Technology 2022
IRVINE BARCLAY THEATRE OPERATING CO IRVINE, CA $10,000 General & Unrestricted 2023
PLAYERS PHILANTHROPY FUND TOWSON, MD $10,000 to support The Carlos Rodon Foundation 2024
FOOD BANK FOR NEW YORK CITY NEW YORK, NY $10,000 General & Unrestricted 2022
AARON JUDGE ALL RISE FOUNDATION STOCKTON, CA $10,000 General & Unrestricted 2024
THE PLAYERS ALLIANCE INC FORT LEE, NJ $10,000 JR 4 the BX fund 2024
ROBIN HOOD FOUNDATION NEW YORK, NY $10,000 General & Unrestricted 2022
DIRECT RELIEF SANTA BARBARA, CA $10,000 General & Unrestricted 2022
TOM COUGHLIN JAY FUND FOUNDATION INC JACKSONVILLE, FL $10,000 General & Unrestricted 2024
ETHAN & CHOCOS BOOK CLUB CORP NORTH TUSTIN, CA $10,000 Charitable Event 2023
THE PLAYERS ALLIANCE INC CLARK, NJ $7,500 General & Unrestricted 2023
PHILHARMONIC SOCIETY OF ORANGE COUNTY IRVINE, CA $6,000 General & Unrestricted 2024
UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION IRVINE, CA $5,000 UCI Baseball program 2024
UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION IRVINE, CA $5,000 UCI Baseball program 2022
BACKHAUS DANCE MISSION VIEJO, CA $5,000 General & Unrestricted 2023
PACIFIC SYMPHONY IRVINE, CA $5,000 General & Unrestricted 2023
THE UCLA FOUNDATION PASADENA, CA $5,000 To support UCLA Baseball program 2023
UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION IRVINE, CA $5,000 to support UCI Baseball program 2023
PACIFIC SYMPHONY IRVINE, CA $5,000 General & Unrestricted 2024