The Colen Foundation Inc
Accepts applications
The Colen Foundation Inc is a private foundation in Ocala, Florida. In tax year 2023 it gave $546,616 in 22 grants; the typical grant was $10,000 and the largest $142,846. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$546,616
- Number of grants22
- Typical grant$10,000
- Largest grant$142,846
- Assets$21.4 million
- New grantees47%
Giving in 2023 was up from $503,538 the year before.
47% of its 2023 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $503,538 | 33 | $18.0 million |
| 2023 | $546,616 | 22 | $21.4 million |
How to apply
| Contact | Krystel Torres 8435 SW 80th Street Suite 2, Ocala, FL 34481 |
|---|---|
| Phone or email | (352) 873-0848, colenfoundation@gmail.com |
| What to submit | The foundation has an "application for grant" form to be completed by all 501(c)(3) applicants. In addition, the foundation, through its board of directors, has established certain procedures to be followed in evaluating potential beneficiaries of its remainder interest program. The board of directors of the colen foundation, inc. Evaluates potential beneficiaries prior to approval of their participation in its rental or remainder interest program. The procedures set forth below are to be followed in evaluating each beneficiary:1. Advise the senior citizen to seek independent legal counsel and independent financial advice.2. Determine that the senior citizen has no more than a moderate income or low income that provides insufficient cash for daily living expenses. 3. Determine that the market value of the senior citizen's home is in a moderate price range (in the case of the remainder interest program).4. Consult with the senior citizen's relatives regarding the possibility of providin |
| Restrictions | The foundation makes grants to qualified charities and provides assistance to the charitable class of the aged to enable members of the class to maintain a modest standard of living in their communities during their declining years. |
What The Colen Foundation Inc funds
Where it gives
Its grants went to recipients in 6 states, the most to Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 16 | $493,616 |
| Georgia | 2 | $20,000 |
| Oregon | 1 | $18,000 |
| New Jersey | 1 | $10,000 |
| California | 1 | $3,000 |
| Pennsylvania | 1 | $2,000 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| Horticultural Arts Park Institute I | Charitable Contribution | $142,846 |
| Temple Beth Shalom | Charitable Contribution | $75,000 |
| Congregation B'nai Israel of St Pet | Charitable Contribution | $70,000 |
| Project Hope of Marion County | Charitable Contribution | $50,000 |
| Individual | Support and Assist Aged Individuals | $48,039 |
| Hillel School of Tampa Inc | Charitable Contribution | $40,000 |
| Tampa Bay Performing Arts Center | Charitable Contribution | $25,000 |
| Hand In Hand Center for Jewish-Arab | Charitable Contribution | $18,000 |
| Individual | Support and Assist Aged Individuals | $12,667 |
| Union for Reform Judiasm-Camp Colem | Charitable Contribution | $10,000 |
| Friends of Yad LaKashish-Lifeline f | Charitable Contribution | $10,000 |
| Savannah Voice Festival Inc | Charitable Contribution | $10,000 |
| The Community Foundation for Ocala | Charitable Contribution | $10,000 |
| Hillel Jewish Student Center of St | Charitable Contribution | $5,000 |
| Public Education Foundation of Mari | Charitable Contribution | $3,000 |
| Canine Companions for Independence | Charitable Contribution | $3,000 |
| National Disaster Search Dog | Charitable Contribution | $3,000 |
| Neighborly Care Network | Charitable Contribution | $3,000 |
| Individual | Support and Assist Aged Individuals | $2,064 |
| Canine Assisted Therapy Inc | Charitable Contribution | $2,000 |
| Israel Guide Dog Center for the Bli | Charitable Contribution | $2,000 |
| The Perlman Music Program Suncoast | Charitable Contribution | $2,000 |
Officers and trustees
- Stephanie Bergen
- Kenneth D Colen
- Robert Colen
- Gerald R Colen
- Leslee R Colen
Questions people ask
Does The Colen Foundation Inc accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does The Colen Foundation Inc give?
$546,616 in tax year 2023, across 22 grants, with a typical grant of $10,000.
Who runs The Colen Foundation Inc?
Its 2023 filing lists Stephanie Bergen (Asst Sec), Kenneth D Colen (President), Robert Colen (Asst Sec/Dir) and Gerald R Colen (Treas/Sec/Dir) among 5 officers and trustees.
What does The Colen Foundation Inc fund?
Based on its grants, mainly arts and culture, faith communities and animals.