Colette Foundation
Colette Foundation is a private foundation, based in Evanston, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $807K in total assets. In 2024, it made $9K in qualifying distributions. Net investment income was $19K.
Colette Foundation at a glance
- Total assets
- $807,432
- +1.2% vs 2023
- Revenue (2024)
- $32,137
- +17.3% vs 2023
- Qualifying distributions (2024)
- $9,467
- -79.4% vs 2023
- Expenses (2024)
- $22,621
- -66.6% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Colette 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 Colette Foundation gives
- Giving grew 112% from 2020 to 2023. Method
- In 2024 it paid out 32% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2023, annual grant giving ranged from $9K (2020) to $27K (2022). In 2023 it made 1 grant totaling $18K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trustees of Dartmouth College Hanover, NH | Colette Drape 1982 Memorial Scholarship Fund | $18,000 |
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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 | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $807,432 | $32,137 | $22,621 | — | — | $9,467 | $19,233 | $29,921 |
| 2023 | $797,916 | $27,401 | $67,720 | $18,000 | 1 | $45,950 | $3,874 | $30,568 |
| 2022 | $838,235 | $19,474 | $46,069 | $27,000 | 1 | $38,548 | $13,353 | $32,648 |
| 2021 | $864,830 | $73,349 | $44,557 | $26,000 | 1 | $32,000 | $72,819 | $32,980 |
| 2020 | $836,038 | $97,363 | $38,717 | $8,500 | 1 | — | $96,363 | $28,614 |
Under IRS private-foundation payout rules, Colette Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Colette Foundation's 2024 filing lists 3 officers; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Michel W. Drape
Trustee
On filings since 2020
3 hrs/week
$31K (2023) → $6K (2024)
Benjamin T. Drape
Trustee
On filings since 2021
No compensation reported
Jackson T. Drape
Trustee
On filings since 2022
No compensation reported
Former officers (2)
- Former: James J. Cady (2020–2022) — Trustee
- Former: Liesel Laufenberg (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $6K, to Michel W Drape (Trustee).
Frequently asked questions about Colette Foundation
How large is Colette Foundation?
Colette Foundation reported $807K in total assets on its 2024 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $30K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Colette Foundation operate?
Colette Foundation has awarded grants in New Hampshire.
What is Colette Foundation's EIN?
Colette Foundation's EIN (Employer Identification Number) is 27-0593512. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Colette Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Colette Foundation's focus areas in our free grants database
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Figures come from Colette Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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