Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Gerrit and Amy Cole Foundation is a philanthropic organization based in Newport Beach, California. With assets totaling $1,985,330, the foundation reported expenses of $136,770 and revenue of $681,311. It supports various initiatives across multiple cities, including Bronx, Clark, Costa Mesa, Irvine, Mission Viejo, New York, North Tustin, Orange, Pasadena, and Santa Barbara, and operates in the states of California, New Jersey, and New York. The foundation is led by Amy Cole, who serves as Director and President, and Gerrit Cole, who is the CFO and Director. Other key personnel include Heather Hargrove, the Secretary, and Alexander Stimpson, the Director and Vice President. All personnel work on a voluntary basis, receiving no compensation for their roles.
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Financials
+2.6% from previous year
10 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $50,000 | PEDIATRIC CANCER RESEARCH FOUNDATION | General & Unrestricted | Irvine, CA, US | 2024 |
| $15,839 | FUND FOR PUBLIC SCHOOLS INC | Field Trip Grant for the Laboratory School of Finance and Technology | New york, NY, US | 2024 |
| $15,000 | ARETE EDUCATION INC | The Laboratory School of Finance and Technology | Bronx, NY, US | 2023 |
| $15,000 | FUND FOR PUBLIC SCHOOLS INC | X223 program | New york, NY, US | 2023 |
| $10,000 | PEDIATRIC CANCER RESEARCH FOUNDATION | General & Unrestricted | Irvine, CA, US | 2022 |
| $10,000 | DIRECT RELIEF | General & Unrestricted | Santa barbara, CA, US | 2023 |
| $10,000 | FOOD BANK FOR NEW YORK CITY | General & Unrestricted | New york, NY, US | 2023 |
| $10,000 | ROBIN HOOD FOUNDATION | General & Unrestricted | New york, NY, US | 2023 |
| $10,000 | ETHAN & CHOCOS BOOK CLUB CORP | Charitable Event | North tustin, CA, US | 2024 |
| $10,000 | IRVINE BARCLAY THEATRE OPERATING CO | General & Unrestricted | Irvine, CA, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
AC
Amy Cole
| Dir, Pres | $0 | 2024 |
GC
Gerrit Cole
| CFO, Dir | $0 | 2024 |
HH
Heather Hargrove
| Sec | $0 | 2024 |
AS
Alexander Stimpson
| Dir, VP | $0 | 2024 |
Amy Cole
Dir, Pres
Gerrit Cole
CFO, Dir
Heather Hargrove
Sec
Alexander Stimpson
Dir, VP
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025