Colatosti Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, MA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 12 grants totaling $430K. Net investment income was $532K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-3.0% YoY
Annual Giving
$430K
+58.2% YoY
Grant Count
12
-25.0% YoY
Avg Grant Size
$36K
+110.9% YoY
Under IRS private-foundation payout rules, Colatosti Family Foundation reported a distributable amount of $123K for 2024 — the minimum it must pay out in qualifying distributions.
About Colatosti Family Foundation
Based on IRS filings
Colatosti Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, MA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 12 grants totaling $430K. Net investment income was $532K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,631,061 | $2,712,536 | $2,722,078 |
| Revenue | $633,247 | $106,058 | $3,015,231 |
| Expenses | $436,114 | $274,673 | $259,515 |
| Qualifying Distributions | $431,395 | $273,250 | $259,515 |
| Net Investment Income | $531,934 | $104,135 | $11,668 |
| Distributable Amount | $123,498 | $133,374 | $17,621 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ron Burton Training Village ($122,000), Brigham & Women's Hospital ($100,000), Dana-Farber Cancer Institute Inc ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A New Life Charitable Foundation Inc Newport Beach, CA | General support | $1,500 |
| Boston Higher Education Resource Center Boston, MA | General support | $20,000 |
| Brigham & Women's Hospital Boston, MA | General support | $100,000 |
| Dana-Farber Cancer Institute Inc Boston, MA | General support | $100,000 |
| Elevate New England Lowell, MA | General support | $50,000 |
| Gordon Conwell Theological Seminary Inc South Hamilton, MA | General support | $25,000 |
| Hope for Haiti Chattanooga, TN | General support | $5,000 |
| Lake Pointe Academy York, SC | General support | $2,000 |
| Massachusetts Organization for Addiction Recovery Inc Boston, MA | General support | $1,000 |
| Park Street School Boston, MA | General support | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas Colatosti | Trustee | 1 | — |
| Nancy Colatosti | Trustee | 1 | — |
| Thomas Colatosti Jr | Trustee | 1 | — |
| Timothy Colatosti | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Colatosti Family Foundation?
Colatosti Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, MA. It holds $2.6M in total assets as of 2024.
How large is Colatosti Family Foundation?
As of 2024, Colatosti Family Foundation holds $2.6M in total assets with $633K in annual revenue. It awarded 12 grants totaling $430K in 2024.
Where does Colatosti Family Foundation operate?
Colatosti Family Foundation has awarded grants in California, District of Columbia, Massachusetts, North Carolina, South Carolina, Tennessee.
What size grants does Colatosti Family Foundation award?
In 2024, Colatosti Family Foundation awarded 12 grants totaling $430K — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is Colatosti Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Colatosti Family Foundation reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Colatosti Family Foundation's EIN?
Colatosti Family Foundation's EIN (Employer Identification Number) is 88-3538584. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Colatosti Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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