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COLE FOUNDATION INC

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Public IRS 990 nonprofit record

COLE FOUNDATION INC

EIN 45-5417308 · Health Care (E220)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $93.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

What leaders were paid

Reported for tax year 2021

These compensation amounts were reported by the charity on its Form 990. They are already included within the charity’s reported expenses—not extra amounts to add to the spending totals below.

Person and titleReported compensation
TERRY FOUST DOVICE CHAIR · 1 hrs/week $64,193Base · Other $64,193
JANIE HILFIGERASSIST SECRETARY/TREASURER · 1 hrs/week $34,303Base · Other $34,303
AMY HUNTEX OFFICIO · 1 hrs/week $29,668Base · Other $29,668
ANDREA STREICHEXECUTIVE DIRECTOR · 32 hrs/week $4,186Base · Other $4,186

Compensation alone does not tell whether pay is reasonable. Compare it with the charity’s size, work, location, and documented results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

Why can this be over 100%?The charity reported $195,438 in revenue and $235,199 in total expenses. It spent $39,761 more than it received that year, so a spending category can exceed 100% of that year’s revenue.These percentages use the charity’s reported Form 990 amounts—not an estimate or a website calculation error. The filing alone does not explain how the gap was covered.
112.64%mission spending compared with this year’s revenue93.6% of all expenses · Form 990 program services
$120.34spent for every $100 of revenueSpending was higher than revenue this year.
7.71%management spending compared with this year’s revenue6.4% of all expenses
$10.04in assets for every $1 spent this yearSome assets cannot be spent right away.
92.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $39,761 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$195,438
Mission workProgram services$220,132112.64% of revenue93.6% of expenses
ManagementOffice and general costs$15,0677.71% of revenue6.4% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$235,199120.34% of revenue

Why this can exceed 100%: the charity reported $235,199 in expenses against $195,438 in revenue. The ring shows the first $100 of revenue; the full Form 990 percentage appears below. This is not a website calculation error.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2021CurrentExpense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 120.34% of revenue
2020Expense mix: 98.6% mission · 1.4% management · 0.0% fundraisingTotal expenses: 31.52% of revenue
2019Expense mix: 92.9% mission · 7.1% management · 0.0% fundraisingTotal expenses: 93.55% of revenue
2018Expense mix: 93.5% mission · 6.5% management · 0.0% fundraisingTotal expenses: 116.31% of revenue
2017Expense mix: 92.8% mission · 7.2% management · 0.0% fundraisingTotal expenses: 44.54% of revenue
2016Expense mix: 88.2% mission · 11.8% management · 0.0% fundraisingTotal expenses: 34.02% of revenue
2015Expense mix: 90.5% mission · 9.5% management · 0.0% fundraisingTotal expenses: 45.74% of revenue

Money in and money out

Revenue$195,438
Expenses$235,199
Annual shortfall $39,761 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$220,132 · 93.6% of expenses
Management and office costs$15,067 · 6.4% of expenses
See all reported dollar amounts
Revenue$195,438
Expenses$235,199
Assets$2,362,233
Income$206,571
Contributions$181,030
Mission work (program services)$220,132
Grants given$260,236
Average grant$43,373
Management and general$15,067
Stocks and bonds$2,278,317
People

Leadership and board

Tax year 2021

Names, titles, and time below are reported by the organization on its Form 990. Reported compensation is shown near the top beside the spending summary.

See everyone listed on the board or leadership roster (12)

TERRY FOUST DOVICE CHAIR

JANIE HILFIGERASSIST SECRETARY/TREASURER

AMY HUNTEX OFFICIO

ANDREA STREICHEXECUTIVE DIRECTOR

AMI FOUSTDIRECTOR

CLIFF WOODDIRECTOR

DAVID ERRICKSECRETARY/TREASURER

EDWARD PITCHFORDASSIST SECRETARY/TREASURER

JOSH COSTADIRECTOR

KAREN LARSENCHAIR

ROBERT SMITHDIRECTOR

SAMUEL LUSHDIRECTOR

About this charity

Recognized since
January 1983
Location
600 GRANT ST 58TH FL, PITTSBURGH, PA 15219-2739
County
Potter
In care of
% CORPORATE TAX DEPT
Primary officer
JANIE HILIFIGER, PRESIDENT AND CEO

How to reach them

Filing and classification

Latest tax year
2021
Tax period began
July 1, 2021
Return type
990
Tax preparer
FORVIS LLP
NTEE classification
Health Care (E220)
IRS tax category
Other Grantmaking and Giving Services
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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