Colby Operating Foundation
Colby Operating Foundation is a private foundation focused on Health, based in Reno, NV. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $277K in total assets. Net investment income was $7K.
Colby Operating Foundation at a glance
- Total assets
- $276,554
- +0.6% vs 2024
- Revenue (2025)
- $13,936
- +20.4% vs 2024
- Net investment income (2025)
- $6,559
- +62.8% vs 2024
- Expenses (2025)
- $12,298
- -6.5% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Colby Operating Foundation funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Colby Operating Foundation gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $4K (2020) to $8K (2023). In 2024 it made 1 grant totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Nevada-Board of Regents Reno, NV | Charitable | $4,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2025 | $276,554 | $13,936 | $12,298 | — | — | — | $6,559 |
| 2024 | $274,916 | $11,579 | $13,155 | $4,000 | 1 | $4,000 | $4,028 |
| 2023 | $276,492 | $13,964 | $18,203 | $8,000 | 2 | $8,000 | $3,731 |
| 2022 | $280,731 | $13,972 | $8,593 | — | — | — | $6,079 |
| 2021 | $275,352 | $17,924 | $17,124 | $4,000 | 1 | $4,000 | $7,323 |
| 2020 | $274,552 | $30,777 | $11,741 | $4,000 | 1 | — | $8,484 |
Leadership & Key People
Officers and directors from IRS filings
Colby Operating Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
John J. Cassani
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Starla A. Cassani
Trustee
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Colby Operating Foundation
How large is Colby Operating Foundation?
Colby Operating Foundation reported $277K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $14K.
What is Colby Operating Foundation?
Colby Operating Foundation is a private foundation focused on Health, based in Reno, NV. It holds $277K in total assets as of 2025.
Where does Colby Operating Foundation operate?
Colby Operating Foundation has awarded grants in Nevada, Tennessee, Washington.
What is Colby Operating Foundation's EIN?
Colby Operating Foundation's EIN (Employer Identification Number) is 88-0445730. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Colby Operating Foundation funds
Health Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Colby Operating Foundation's focus areas in our free grants database
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