The Cole Foundation Grant

Foundation for the Carolinas


Grant amount: Unspecified amount

Next anticipated deadline: Nov 10, 2018 9:00am PST

Later anticipated deadlines: Feb 16, 2019 9:00am PST, May 4, 2019 9:00am PDT, Aug 17, 2019 9:00am PDT

Applicant type: Indigenous Group Government Entity College / University Nonprofit Elementary / Secondary School

Funding uses: Education / Outreach, Applied Project / Program, Capital Project

Location of project: Richmond County, North Carolina

Location of residency: United States

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Overview:

Description

The Cole Foundation, a permanent endowment fund of Foundation For The Carolinas, was originally established in 1965 as a private foundation with gifts from Elizabeth S. Cole and her brother, Robert L. Cole in memory of their parents, William B. Cole and Elizabeth Little Cole, and their sister, Catherine Cole.

During the lifetimes of the donors, gifts from The Cole Foundation benefited numerous charitable organizations. It was characteristic that gifts were made quietly and often anonymously.

When Elizabeth and Robert died in the late 1980s, the majority of their estates came to The Cole Foundation by bequest. In 1989 the Trustees of The Cole Foundation conveyed its assets to Foundation For The Carolinas to insure the long-term stewardship of the trust. The Trustees of The Cole Foundation, acting as a committee, continue to serve as advisors in its administration.

Result and Investment Areas

The applicant may be an existing organization, a coalition of organizations, or a new organization. If the organization has been in existence past the seed stage, the proposal must be outside the realm of possible inclusion in the regular ongoing operating budget. Areas of interest include the following.

  • Economic Development
  • Education (K-12 and Post-Secondary) 
  • Recreation
  • Arts/Culture
  • Human Services

Program Grants

Priority will be given to local proposals that evidence volunteer leadership and/or grassroots participation and financial support. Projects will be evaluated on the basis of: 

  • feasibility in terms of leadership and plan, 
  • significance in terms of the importance of the issue being addressed, and 
  • the project’s potential for success.

Capital Grants for Land, Buildings, and Equipment

Priority will be given to proposals that demonstrate an organizational commitment in terms of leadership, financial support, and other resources. Priority will be given to “challenge grants” whereby other donors make matching gifts.

Future Funding

A project or program must have potential continuity through other funding sources in future years.

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • Grants must be awarded to eligible organizations including 501(c)(3) nonprofit organizations, congregations, governmental and educational institutions for projects that will serve the residents of Richmond County, NC.
    • If the organization conducting the project is not an eligible organization, a grant can be applied for under the fiscal sponsorship of an eligible organization.

Ineligibility:

  • The following areas do not fall within The Cole Foundation’s current funding priorities:
    • Ongoing operating budgets
    • Endowment Funds
    • Grants individuals (e.g. scholarships, hardship)
    • Publication of books
    • Conferences


About this funder:

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