Cole used the micro-blogging website Twitter to make some ill-judged remarks about the large numbers of Ghana supporters at Wembley for last month's friendly draw against England.
He tweeted: "Immigration has surrounded the Wembley premises! I knew it was a trap! Hahahaha.
"The only way to get out safely is to wear an England jersey and paint your face w/ the St. George's flag!"
However, Cole, 27, revealed on Thursday via his Twitter account that he would ask the English Football Association to ensure that his fine be donated to a Ghanaian charity.
He wrote: "I will be asking to donate the money to a Ghanian (sic) charity of my choice, preferably to a children's charity.
"Hopefully the money will be going to a good cause.
"Sorry if I have offended anyone but there was no malice & harm meant.
"I never knew a light hearted joke would cause so much offence."
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