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Pennsylvania · Nonprofit

COLE FOUNDATION INC

COLE FOUNDATION INC (Pennsylvania) receives grants from 2 organizations whose IRS filings report $21,731 to it, the largest being GEORGE A AND MARGARET MEE CHARITABLE FOUNDATION INC ($16,653). 0 of them have funded it in more than one year.

Revenue FY2022
$195k
Funders on record
2
Grants received
$22k
Net assets
$2.0M
0/2 repeat funderspeak grant-dependency 3%
01What it does

What Cole Foundation Inc does

Mission

The cole foundation is a non-profit organization dedicated to supporting and enhancing the work of upmc cole as it serves its communities by promoting awareness of needs and goals and identifying and connecting donors to those needs.

As stated on its FY2022 Form 990.

Program

  1. The cole foundation operates the gift shop. Net gift shop profits were approximately $1,000. In addition, the cole foundation holds several special events each year, including the annual golf tournament that raised $28,700, the annual light up a life tree lighting event that raised approximately $16,500, and operation appreciation that made $4,700. The cole foundation also supports the operation of charles cole memorial hospital. Total support during fiscal year 2022 was $21,890.

    $220,132 spentof which $74,062 as grants
    100% of program spending

The program described on its FY2021 Form 990. Program spending in total: $220,132.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($519k) Expenses 100 ($176k) Net assets 100 ($1.1M)2018 Revenue 61 ($318k) Expenses 80 ($142k) Net assets 116 ($1.3M)2019 Revenue 34 ($176k) Expenses 116 ($205k) Net assets 133 ($1.5M)2020 Revenue 24 ($124k) Expenses 66 ($116k) Net assets 129 ($1.4M)2021 Revenue 134 ($693k) Expenses 124 ($218k) Net assets 209 ($2.3M)2022 Revenue 38 ($195k) Expenses 133 ($235k) Net assets 178 ($2.0M)
201720182019202020212022
Revenue (38)Expenses (133)Net assets (178)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.5M to $2.6M (+65%).

$1.1M
$1.3M
$1.5M
$1.5M
$2.6M
$2.4M
201720182019202020212022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

93% of COLE FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).

This organization
Typical peer · 14,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$342k
’17
$176k
’18
−$29k
’19
$8k
’20
$474k
’21
−$40k
’22
4.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Andrea Streich

Executive director

Board chair

Karen Larsen

Chair

As listed on its FY2022 Form 990.

The chief executive listed changed between the FY2017 and FY2018 filings.

201720182019202020212022
Listed101115141412
Joined·+2+4+0+0+0
No longer listed·10102
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $36k from one payer (the payer shares this organization's board, largest Upmc Group). These are real filings, and they are not money COLE FOUNDATION INC raised.

From the IRS filings of COLE FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

COLE FOUNDATION INC leans on a few funders — its largest provides 77% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

77%
largest funder
100%
top three
~2
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

COLE FOUNDATION INC draws 100% of its grant income from funders outside Pennsylvania, across 1 state in all.

NY

Funder states come from each funder’s own filing. $5k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

COLE FOUNDATION INC's revenue fell 62% between 2017 and 2022.

Operating margin−20% · bottom quartile
Months of reserve4.3mo · below the median
Revenue growth (annualized)−18% · bottom quartile

this organization peer median middle 50% of peers· 12,518 health nonprofits $100k–$1M, FY2022

Organizations like COLE FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

10
board members
70%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

PA

Part of a family of 157 related entities

  • Charles Cole Memorial Hospital · exempt
  • Hendorn Inc · exempt
  • Laurel Realty Inc · exempt
  • The Green Home · exempt
  • Williamsport Area Ambulance Services · exempt

Screen this organization

A dated, signed PDF of the compliance screen for COLE FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COLE FOUNDATION INC?
COLE FOUNDATION INC (Pennsylvania) receives grants from 2 organizations whose IRS filings report $21,731 to it, the largest being GEORGE A AND MARGARET MEE CHARITABLE FOUNDATION INC ($16,653). 0 of them have funded it in more than one year.
How many funders does COLE FOUNDATION INC have?
IRS filings report 2 organizations giving $21,731 in grants to COLE FOUNDATION INC.
Who is the largest funder of COLE FOUNDATION INC?
GEORGE A AND MARGARET MEE CHARITABLE FOUNDATION INC is the largest funder on record, with $16,653 in grants. The full list of funders is on this page.
How can an organization like COLE FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing