Olive B Cole Foundation Inc

Fort Wayne, IN
Tax-exempt since Oct. 1958
EIN: 35-6040491

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$1.53M (2025)

Expenses

$1.75M (2025)

Total Assets

$32.4M (2025)

Total Liabilities

$0 (2025)

Years with missing data

Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2025

Revenue

$1,528,596

Expenses

$1,747,061

Net Income

-$218,465

Net Assets

$32,439,869

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$135,866	8.9%
Dividends	$905,763	59.3%
Sales of Assets	$485,422	31.8%
Other Income	$1,545	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,581,497	90.5%
Compensation of Officers*	$212,403	12.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$32,439,869
Total Liabilities	$0
Net Assets	$32,439,869

Compensation

Key Employees and Officers	Compensation	Other
Emily Pichon (President)	$66,735	$43,038
Maclyn T Parker (Chairman)	$59,320	$8,772
Kristi Parker Celico (Secretary/Treasurer)	$32,087	$57,251
Gwen Tipton (Scholarship Director)	$17,203	$0
John Riemke (Director)	$8,734	$0
J Tracy Tipton (Director)	$8,734	$0
Michael Barranda (Director)	$8,734	$0
Larry Clemens (Director)	$8,734	$0
Jack Hunter (Director)	$2,122	$0

+ View more people

990-PF

Filed on Aug. 11, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2024

Revenue

$1,595,787

Expenses

$1,735,779

Net Income

-$139,992

Net Assets

$32,658,334

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$117,771	7.4%
Dividends	$1,519,051	95.2%
Sales of Assets	-$41,172
Other Income	$137	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,555,710	89.6%
Compensation of Officers*	$200,560	11.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$32,658,334
Total Liabilities	$0
Net Assets	$32,658,334

Compensation

Key Employees and Officers	Compensation	Other
Emily E Pichon (President)	$63,422	$30,299
Maclyn T Parker (Chairman Of The Board)	$56,375	$22,833
Kristi P Celico (Secretary/Treasurer)	$30,494	$43,063
Gwen I Tipton (Scholarship Director)	$16,349	$2,448
Jack Hunter (Director)	$8,480	$0
John Riemke (Director)	$8,480	$0
Michael Barranda (Director)	$8,480	$0
J Tracy Tipton (Director)	$8,480	$0

+ View more people

990-PF

Filed on Aug. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2023

Revenue

$2,843,905

Expenses

$1,977,582

Net Income

$866,323

Net Assets

$32,798,326

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$97,996	3.4%
Dividends	$2,762,288	97.1%
Sales of Assets	-$16,721
Other Income	$342	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,786,225	90.3%
Compensation of Officers*	$188,058	9.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$32,798,326
Total Liabilities	$0
Net Assets	$32,798,326

Compensation

Key Employees and Officers	Compensation	Other
Emily E Pichon (President)	$58,156	$32,249
Maclyn T Parker (Chairman Of The Board)	$53,750	$22,833
Kristi P Celico (Secretary/Treasurer)	$28,564	$45,013
Gwen I Tipton (Scholarship Director)	$15,588	$2,448
Jack Hunter (Director)	$8,000	$0
John Riemke (Director)	$8,000	$0
Michael Barranda (Director)	$8,000	$0
J Tracy Tipton (Director)	$8,000	$0

+ View more people

990-PF

Filed on Aug. 11, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2022

Revenue

$3,258,816

Expenses

$1,756,825

Net Income

$1,501,991

Net Assets

$31,932,003

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$95,776	2.9%
Dividends	$2,397,337	73.6%
Sales of Assets	$763,440	23.4%
Other Income	$2,263	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,600,290	91.1%
Compensation of Officers*	$171,092	9.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,932,003
Total Liabilities	$0
Net Assets	$31,932,003

Compensation

Key Employees and Officers	Compensation	Other
Maclyn T Parker (Chairman Of The Board)	$50,000	$23,485
Emily E Pichon (President)	$46,000	$15,820
Kristi P Celico (Secretary/Treasurer)	$25,000	$16,493
Gwen I Tipton (Scholarship Director)	$14,342	$2,021
Jack Hunter (Director)	$7,500	$0
John Riemke (Director)	$7,500	$0
Michael Barranda (Director)	$7,500	$0
J Tracy Tipton (Director)	$7,500	$0
John N Pichon Jr (Emeritis Director)	$5,750	$7,078

+ View more people

990-PF

Filed on Aug. 12, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2021

Revenue

$2,439,590

Expenses

$1,764,475

Net Income

$675,115

Net Assets

$30,430,011

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$88,887	3.6%
Dividends	$1,937,448	79.4%
Sales of Assets	$413,099	16.9%
Other Income	$156	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,569,970	89.0%
Compensation of Officers*	$148,250	8.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$30,430,012
Total Liabilities	$1
Net Assets	$30,430,011

Compensation

Key Employees and Officers	Compensation	Other
Maclyn T Parker (Chairman Of The Board)	$50,000	$23,871
Emily E Pichon (President)	$35,000	$13,919
Kristi P Celico (Secretary/Treasurer)	$25,000	$16,172
Gwen I Tipton (Scholarship Director)	$12,600	$4,072
Jack Hunter (Director)	$6,000	$0
John Riemke (Director)	$6,000	$0
John N Pichon Jr (Emeritis Director)	$6,000	$11,767
Michael Barranda (Director)	$6,000	$0
J Tracy Tipton (Director)	$6,000	$0

+ View more people

990-PF

Filed on Aug. 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2020

Revenue

$3,067,627

Expenses

$1,644,604

Net Income

$1,423,023

Net Assets

$29,754,896

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$70,973	2.3%
Dividends	$3,274,421	> 100%
Sales of Assets	$0
Other Income	$5,121	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,482,400	90.1%
Compensation of Officers*	$148,250	9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$29,754,897
Total Liabilities	$1
Net Assets	$29,754,896

Compensation

Key Employees and Officers	Compensation	Other
Maclyn T Parker (President)	$0	$0
Gwen I Tipton (Scholarship Director)	$0	$0
Jack Hunter (Director)	$0	$0
Emily E Pichon (Secretary/Treasurer)	$0	$0
John Riemke (Director)	$0	$0
John N Pichon Jr (Chairman Of Board)	$0	$0
Kristi P Celio (Director)	$0	$0
Michael Barranda (Director)	$0	$0
J Tracy Tipton (Director)	$0	$0

+ View more people

990-PF

Filed on Jan. 19, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2019

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2016

Revenue

$1,117,789

Expenses

$1,533,318

Net Income

-$415,529

Net Assets

$27,951,988

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,283,557	> 100%
Sales of Assets	$0
Other Income	$3,604	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,391,431	90.7%
Compensation of Officers*	$154,250	10.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,951,988
Total Liabilities	$0
Net Assets	$27,951,988

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2015

Revenue

$1,939,843

Expenses

$1,605,728

Net Income

$334,115

Net Assets

$28,367,517

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,499,853	77.3%
Sales of Assets	$439,980	22.7%
Other Income	$10	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,471,052	91.6%
Compensation of Officers*	$154,250	9.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,367,517
Total Liabilities	$0
Net Assets	$28,367,517

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2014

Revenue

$1,572,724

Expenses

$1,636,976

Net Income

-$64,252

Net Assets

$28,033,402

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,249,808	79.5%
Sales of Assets	$322,827	20.5%
Other Income	$89	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,408,894	86.1%
Compensation of Officers*	$154,250	9.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,033,402
Total Liabilities	$0
Net Assets	$28,033,402

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2013

Revenue

$3,100,370

Expenses

$1,535,774

Net Income

$1,564,596

Net Assets

$28,097,654

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,320	0.2%
Dividends	$1,138,928	36.7%
Sales of Assets	$1,956,122	63.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,378,634	89.8%
Compensation of Officers*	$154,250	10.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,097,654
Total Liabilities	$0
Net Assets	$28,097,654

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2012

Revenue

$1,468,439

Expenses

$1,576,096

Net Income

-$107,657

Net Assets

$26,533,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$35,583	2.4%
Dividends	$1,096,774	74.7%
Sales of Assets	$336,082	22.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,390,922	88.3%
Compensation of Officers*	$151,250	9.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,533,058
Total Liabilities	$0
Net Assets	$26,533,058

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated January 26, 2026

Olive B Cole Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.53M (2025)

Expenses $1.75M (2025)

Total Assets $32.4M (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending March 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2019

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending March 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending March 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending March 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending March 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending March 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending March 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending March 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$1.53M (2025)

Expenses

$1.75M (2025)

Total Assets

$32.4M (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending March
2025

Fiscal Year Ending March
2024

Fiscal Year Ending March
2023

Fiscal Year Ending March
2022

Fiscal Year Ending March
2021

Fiscal Year Ending March
2020

Fiscal Year Ending March
2019

Fiscal Year Ending March
2018

Fiscal Year Ending March
2017

Fiscal Year Ending March
2016

Fiscal Year Ending March
2015

Fiscal Year Ending March
2014

Fiscal Year Ending March
2013

Fiscal Year Ending March
2012

Fiscal Year Ending March
2011

Fiscal Year Ending March
2010

Fiscal Year Ending March
2009

Fiscal Year Ending March
2008

Fiscal Year Ending April
2007

Fiscal Year Ending March
2006

Fiscal Year Ending March
2005

Fiscal Year Ending March
2004

Fiscal Year Ending March
2003

Fiscal Year Ending March
2002