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Nonprofit · EIN 46-1094116

KOLE FOUNDATION INC

Tax-exempt · SAVANNAH, GA 31401

Financials

$201K$376K2023$318K$385K2024$345K$1.4M2025
Revenue Expenses · by fiscal year end
Financials of KOLE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$344,653$1,369,337-$1,024,684$2,776,553$0$2,776,553
December 31, 2024990-PF$318,472$385,108-$66,636$3,801,237$0$3,801,237
December 31, 2023990-PF$201,279$376,313-$175,034$3,867,873$0$3,867,873
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$150,947
Net gain from sales of assets
$193,706

Expenses

Grants and similar amounts paid
$1,343,192
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,344,559
Excise tax on investment income
$4,491

Balance sheet and other

Total assets, start of year
$3,801,237
Total assets, end of year
$2,776,553
Total liabilities, end of year
$0
Net assets, end of year
$2,776,553
Fair market value of assets
$3,129,852
Qualifying distributions
$1,344,559
Net investment income
$344,653

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JEFFREY KOLE
3 MERLIN COURT, SAVANNAH, GA 31405
CFO1$0
DONALD A KOLE
219 E JONES STREET, SAVANNAH, GA 31401
CEO1$0
DEBBIE SHELTON
201 E 37TH STREET, SAVANNAH, GA 31401
SECRETARY1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
JEFFREY KOLE
3 MERLIN COURT, SAVANNAH, GA 31405
CFO1$0
DONALD A KOLE
219 E JONES STREET, SAVANNAH, GA 31401
CEO1$0
DEBBIE SHELTON
201 E 37TH STREET, SAVANNAH, GA 31401
SECRETARY1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JEFFREY KOLE
3 MERLIN COURT, SAVANNAH, GA 31405
CFO1$0
DONALD A KOLE
219 E JONES STREET, SAVANNAH, GA 31401
CEO1$0
DEBBIE SHELTON
201 E 37TH STREET, SAVANNAH, GA 31401
SECRETARY1$0

Address and contacts

Address (IRS master file)
219 E JONES ST, SAVANNAH, GA 31401-4703
In care of
% DONALD A KOLE
Signed the 990-PF
DON KOLE, PRESIDENT
Phone
(912) 656-4120
Return prepared by
MAULDIN & JENKINS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
46-1094116
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2013
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,776,553
Income (IRS master file)
$344,653

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$344,653$1,369,337$2,776,553IRS
990-PFDecember 2024$318,472$385,108$3,801,237XML
990-PFDecember 2023$201,279$376,313$3,867,873XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1094116).

Questions about KOLE FOUNDATION INC

What is the EIN of KOLE FOUNDATION INC?
The employer identification number (EIN) of KOLE FOUNDATION INC is 46-1094116.
Is KOLE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to KOLE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KOLE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of KOLE FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KOLE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of KOLE FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does KOLE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $344,653, expenses of $1,369,337 and total assets of $2,776,553 at year end.

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