The Colen Foundation Inc
Historical FunderOcala, Florida · EIN 59-2474711 · Private foundation
Half of its grants to organizations were between $3,000 and $40,000.
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2023):
| Contact | Krystel Torres |
|---|---|
| Address | 8435 SW 80TH STREET SUITE 2, OCALA FL 34481 |
| Phone | 3528730848 |
| COLENFOUNDATION@GMAIL.COM | |
| Form and materials | 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 |
| Deadlines | NONE |
| 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. |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
29% of grants went outside Florida.
Grants paid in tax year 2023
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Horticultural Arts Park Institute I | Ocala, FL | Charitable Contribution | $142,846 |
| Temple Beth Shalom | Ocala, FL | Charitable Contribution | $75,000 |
| Congregation B'nai Israel of St Pet | St Petersburg, FL | Charitable Contribution | $70,000 |
| Project Hope of Marion County | Ocala, FL | Charitable Contribution | $50,000 |
| Hillel School of Tampa Inc | Tampa, FL | Charitable Contribution | $40,000 |
| Tampa Bay Performing Arts Center | Tampa, FL | Charitable Contribution | $25,000 |
| Hand In Hand Center for Jewish-Arab | Portland, OR | Charitable Contribution | $18,000 |
| Friends of Yad LaKashish-Lifeline f | Englewood, NJ | Charitable Contribution | $10,000 |
| Savannah Voice Festival Inc | Savannah, GA | Charitable Contribution | $10,000 |
| The Community Foundation for Ocala | Ocala, FL | Charitable Contribution | $10,000 |
| Hillel Jewish Student Center of St | Tampa, FL | Charitable Contribution | $5,000 |
| Public Education Foundation of Mari | Ocala, FL | Charitable Contribution | $3,000 |
| National Disaster Search Dog | Santa Paula, CA | Charitable Contribution | $3,000 |
| Neighborly Care Network | Clearwater, FL | Charitable Contribution | $3,000 |
| Canine Assisted Therapy Inc | Oakland Park, FL | Charitable Contribution | $2,000 |
| Israel Guide Dog Center for the Bli | Warrington, PA | Charitable Contribution | $2,000 |
| The Perlman Music Program Suncoast | Sarasota, FL | Charitable Contribution | $2,000 |
The return also lists 5 grants to individuals ($75,770). We do not publish the names of individual recipients.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2023 | $546,616 | 22 |
| 2022 | $503,538 | 33 |
Sources
- IRS Form 990-PF, tax year 2023, filed Oct 15, 2025 - IRS e-file batch, object ID 202512889349100226
- IRS Tax Exempt Organization Search for EIN 59-2474711
- Profile updated Nov 6, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.