Executive compensation
Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Human Services organizations nationwide.
| Position | Total |
|---|---|
President/treasurer Board President Median to 75th percentile | $31k $33k |
Vp/secretary Board Secretary Median to 75th percentile | $16k $17k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at THE COLE FAMILY FOUNDATION INC equaled 14% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$95k
Itemized grants
13
Median grant
$5k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS | SALISBURY, MD | GENERAL OPERATING COSTS | $12k |
| BRIGHAM YOUNG UNIVERSITY | PROVO, UT | SCHOLARSHIPS AND OPERATING COSTS | $10k |
| HILLSDALE COLLEGE | HILLSDALE, MI | SCHOLARSHIPS AND OPERATING COSTS | $10k |
| JOHNS HOPKINS UNIVERSITY & MEDICINE | BALTIMORE, MD | SCHOLARSHIPS AND OPERATING COSTS | $10k |
| TUNNEL TO TOWERS FOUNDATION | STATEN ISLAND, NY | GENERAL OPERATING COSTS | $10k |
| YMCA OF THE CHESAPEAKE | SALISBURY, MD | GENERAL OPERATING COSTS | $8k |
| BABSON COLLEGE | BABSON PARK, MA | SCHOLARSHIPS AND OPERATING COSTS | $5k |
| COASTAL HOSPICE | SALISBURY, MD | GENERAL OPERATING COSTS | $5k |
| COMMUNITY FOUNDATION OF THE EASTERN SHORE | SALISBURY, MD | GENERAL OPERATING COSTS | $5k |
| MAC INC | SALISBURY, MD | GENERAL OPERATING COSTS | $5k |
| MARYLAND FOOD BANK | BALTIMORE, MD | GENERAL OPERATING COSTS | $5k |
| NORTHERN VIRGINIA FAMILY SERVICES | OAKTON, VA | GENERAL OPERATING COSTS | $5k |
| STREAM RISING | BOWIE, MD | GENERAL OPERATING COSTS | $5k |
Up 25%
from 2023
From $25k in 2023 to $31k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay rose 25% from 2023 to 2024, while revenue rose 14%.
- Board Secretary pay rose 25% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE COLE FAMILY FOUNDATION INC
What does the Board President of THE COLE FAMILY FOUNDATION INC earn?
In 2024, the Board President of THE COLE FAMILY FOUNDATION INC received $31,250 in total compensation. This pay is above the median (the midpoint) for Board President roles among Human Services organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board President pay at THE COLE FAMILY FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Human Services organizations nationwide, the 2024 pay of the Board President at THE COLE FAMILY FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at THE COLE FAMILY FOUNDATION INC equaled 14% of the organization's total expenses. The median for human services organizations is 8%.
What are THE COLE FAMILY FOUNDATION INC's revenue and expenses?
In 2024, THE COLE FAMILY FOUNDATION INC reported $164k in total revenue and $225k in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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