Private foundation · EIN 59-2474711

The Colen Foundation Inc

Accepts applications

Ocala, FL

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Tax year 2023 (period ending 2024-11-30) · Filed with IRS 2025 · Data as of 2026-10-24 · View filing on ProPublica · Source: IRS e-file object 202512889349100226
Total assets (EOY)$15,036,738
Grants paid$546,616
Typical (median) grant$10,000
Grants listed22
Giving in home state (FL)90%

Grant size distribution

RangeGrants
Under $5K8
$5K–$25K7
$25K–$100K6
$100K+1

Smallest $2,000 · Largest $142,846

Geographic focus

FL
90%
GA
4%
OR
3%
NJ
2%
CA
1%
PA
0%

Common purposes

contributionassistagedindividuals

Giving history

Tax yearContributions paidTotal assetsGrants listed
2022$503,538$14,779,41533
2023$546,616$15,036,73822

Years shown are the filings ingested so far; more years are added as additional IRS batches are processed.

How to apply

ContactKrystel Torres
Address8435 SW 80TH STREET SUITE 2, OCALA, FL, 34481
Phone3528730848
EmailCOLENFOUNDATION@GMAIL.COM
Form & materialsTHE 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
DeadlinesNONE
RestrictionsTHE 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.

Source: 990-PF Part XV line 2, tax year 2023.

Top recipients (tax year 2023)

RecipientLocationPurposeAmount
Horticultural Arts Park Institute IOcala, FLCharitable Contribution$142,846
Temple Beth ShalomOcala, FLCharitable Contribution$75,000
Congregation B'Nai Israel Of St PetSt Petersburg, FLCharitable Contribution$70,000
Project Hope Of Marion CountyOcala, FLCharitable Contribution$50,000
Life Estate Karel DupreeOcala, FLSupport and Assist Aged Individuals$48,039
Hillel School Of Tampa IncTampa, FLCharitable Contribution$40,000
Tampa Bay Performing Arts CenterTampa, FLCharitable Contribution$25,000
Hand In Hand Center For Jewish-ArabPortland, ORCharitable Contribution$18,000
Life Estate Marguerite CoxOcala, FLSupport and Assist Aged Individuals$12,667
Union For Reform Judiasm-Camp ColemAtlanta, GACharitable Contribution$10,000
Friends Of Yad Lakashish-Lifeline FEnglewood, NJCharitable Contribution$10,000
Savannah Voice Festival IncSavannah, GACharitable Contribution$10,000
The Community Foundation For OcalaOcala, FLCharitable Contribution$10,000
Hillel Jewish Student Center Of StTampa, FLCharitable Contribution$5,000
Public Education Foundation Of MariOcala, FLCharitable Contribution$3,000
Canine Companions For IndependenceOrlando, FLCharitable Contribution$3,000
National Disaster Search DogSanta Paula, CACharitable Contribution$3,000
Neighborly Care NetworkClearwater, FLCharitable Contribution$3,000
Life Estate Judith PackardOcala, FLSupport and Assist Aged Individuals$2,064
Canine Assisted Therapy IncOakland Park, FLCharitable Contribution$2,000
Israel Guide Dog Center For The BliWarrington, PACharitable Contribution$2,000
The Perlman Music Program SuncoastSarasota, FLCharitable Contribution$2,000
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