Nonprofit · EIN 52-1512544
COLE FAMILY FOUNDATION
Tax-exempt · SALISBURY, MD 21804
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $204,007 | $230,050 | -$26,043 | $1,532,947 | $14,512 | $1,518,435 |
| December 31, 2024 | 990-PF | $163,538 | $225,031 | -$61,493 | $1,558,990 | $14,512 | $1,544,478 |
| December 31, 2023 | 990-PF | $143,376 | $197,873 | -$54,497 | $1,617,710 | $11,739 | $1,605,971 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $63,480
- Interest
- $4
- Net gain from sales of assets
- $116,468
- Other income
- $24,055
Expenses
- Grants and similar amounts paid
- $94,136
- Compensation of officers, directors and key employees
- $46,875
- Disbursements for charitable purposes
- $121,751
- Excise tax on investment income
- $1,344
Balance sheet and other
- Total assets, start of year
- $1,558,990
- Total assets, end of year
- $1,532,947
- Total liabilities, end of year
- $14,512
- Net assets, end of year
- $1,518,435
- Fair market value of assets
- $2,455,428
- Qualifying distributions
- $121,751
- Net investment income
- $204,007
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM HUGHLETT COLE 224 CREEKSIDE DRIVE, SALISBURY, MD 21804 | PRESIDENT/TREASURER | 40 | $31,250 |
| CAROL COLE 224 CREEKSIDE DRIVE, SALISBURY, MD 21804 | VP/SECRETARY | 40 | $15,625 |
| D ERIC WISELEY 167 CEDAR HILL RD, STRASBURG, VA 22657 | BOARD MEMBER | 1 | $0 |
| MICAH R COLE 17506 DASHWOOD CREEK DR, PFLUGERVILLE, TX 78660 | BOARD MEMBER | 1 | $0 |
| JACOB T COLE 9430 EDWARDS PL, MINT HILL, NC 28227 | BOARD MEMBER | 1 | $0 |
| BETHANY COLE SALDANA 2891 NORTH 175 EAST, PROVO, UT 84604 | BOARD MEMBER | 1 | $0 |
| ERIN R COLE 5546 WEST NAPLES DRIVE, HIGHLAND, UT 84003 | BOARD MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM HUGHLETT COLE 224 CREEKSIDE DRIVE, SALISBURY, MD 21804 | PRESIDENT/TREASURER | 40 | $31,250 |
| CAROL COLE 224 CREEKSIDE DRIVE, SALISBURY, MD 21804 | VP/SECRETARY | 40 | $15,625 |
| D ERIC WISELEY 167 CEDAR HILL RD, STRASBURG, VA 22657 | BOARD MEMBER | 1 | $0 |
| MICAH R COLE 17506 DASHWOOD CREEK DR, PFLUGERVILLE, TX 78660 | BOARD MEMBER | 1 | $0 |
| JACOB T COLE 9430 EDWARDS PL, MINT HILL, NC 28227 | BOARD MEMBER | 1 | $0 |
| BETHANY COLE SALDANA 2891 NORTH 175 EAST, PROVO, UT 84604 | BOARD MEMBER | 1 | $0 |
| ERIN R COLE 5546 WEST NAPLES DRIVE, HIGHLAND, UT 84003 | BOARD MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM HUGHLETT COLE 224 CREEKSIDE DRIVE, SALISBURY, MD 21804 | PRESIDENT/TREASURER | 40 | $25,000 |
| CAROL COLE 224 CREEKSIDE DRIVE, SALISBURY, MD 21804 | VP/SECRETARY | 40 | $12,500 |
| D ERIC WISELEY 167 CEDAR HILL RD, STRASBURG, VA 22657 | BOARD MEMBER | 1 | $0 |
| MICAH R COLE 17506 DASHWOOD CREEK DR, PFLUGERVILLE, TX 78660 | BOARD MEMBER | 1 | $0 |
| JACOB T COLE 9430 EDWARDS PL, MINT HILL, NC 28227 | BOARD MEMBER | 1 | $0 |
| BETHANY COLE SALDANA 2891 NORTH 175 EAST, PROVO, UT 84604 | BOARD MEMBER | 1 | $0 |
| ERIN R COLE 5546 WEST NAPLES DRIVE, HIGHLAND, UT 84003 | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 224 CREEKSIDE DR, SALISBURY, MD 21804-2801
- Signed the 990-PF
- WILLIAM COLE, PRESIDENT
- Phone
- (410) 742-0404
- Return prepared by
- PKS & COMPANY PA
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 52-1512544
- 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
- 1987
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Human services (P520)
- Assets (IRS master file)
- $1,532,947
- Income (IRS master file)
- $582,745
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $204,007 | $230,050 | $1,532,947 | IRS |
| 990-PF | December 2024 | $163,538 | $225,031 | $1,558,990 | IRS |
| 990-PF | December 2023 | $143,376 | $197,873 | $1,617,710 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 52-1512544).
Questions about COLE FAMILY FOUNDATION
- What is the EIN of COLE FAMILY FOUNDATION?
- The employer identification number (EIN) of COLE FAMILY FOUNDATION is 52-1512544.
- Is COLE FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to COLE FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does COLE FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of COLE FAMILY FOUNDATION 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 COLE FAMILY FOUNDATION 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 COLE FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $31,250 (WILLIAM HUGHLETT COLE, PRESIDENT/TREASURER).
- How much revenue does COLE FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $204,007, expenses of $230,050 and total assets of $1,532,947 at year end.
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