Colket Family Foundation

NEWTOWN SQUARE, PA EIN: 85-2260055

The Colket Family Foundation is a private independent foundation based in Newtown Square, Pennsylvania. Established in 2021, it operates as a 501(c)(3) organization designated for religious, educational, charitable, scientific, literary, and philanthropic purposes. The foundation functions as a grantmaking organization supporting various nonprofit sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.5M

+17.0% YoY

Annual Giving

$779K

-1.6% YoY

Grant Count

-11.5% YoY

Avg Grant Size

$8K

+11.2% YoY

Under IRS private-foundation payout rules, Colket Family Foundation reported a distributable amount of $707K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focus areas include:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services
Science and STEM Education

The foundation makes general gift, unrestricted grants to various organizations across these sectors.

Grantmaking

Grant Range

$200–$115,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

Maine
Pennsylvania
Florida

Grant Distribution by State

Pennsylvania $667K (38%)

Maine $365K (21%)

New Hampshire $271K (15%)

Florida $158K (9%)

Colorado $155K (9%)

New York $49K (3%)

South Carolina $33K (2%)

Ohio $30K (2%)

+9 more states

States

California Colorado Connecticut Delaware Florida Idaho Massachusetts Maine Montana New Hampshire New Jersey New York Ohio Pennsylvania South Carolina Texas Virginia

Cities

ArdmoreArlingtonAustinAvondaleBangorBar HarborBig SkyBryn MawrCalaisChadds FordCharlestonClevelandColorado SpringsDevonEast BoothbayEllsworthExtonFort PierceGenevaGladwyne

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $13,538,498
Total Revenue: $2,862,033
Total Expenses: $893,671
Net Income: $1,968,362
Total Liabilities: $0

As of December 2023:

Total Assets: $11,570,136
Total Revenue: $2,445,975
Total Expenses: $902,576
Total Grants, Contributions: $2,213,411
Investment Income and Dividends: $285,266

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$13,538,498	$11,570,136	$10,026,737
Revenue	$2,862,033	$2,445,975	$3,357,680
Expenses	$893,671	$902,576	$800,427
Qualifying Distributions	$842,519	$838,811	$780,172
Net Investment Income	$563,411	$250,509	$1,122,601
Distributable Amount	$707,261	$538,606	$240,529

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

200 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Episcopal Academy ($110,000), Bar Harbor Food Pantry ($50,000), Bar Harbor Village Improvement Association ($30,000).

Recipient	Purpose	Amount
1000 FRIENDS OF FLORIDA INC TALLAHASSEE, FL	GENERAL GIFT - UNRESTRICTED	$1,000
1LOVE4ANIMALS INC SOUTHEASTERN, PA	GENERAL GIFT - UNRESTRICTED	$2,500
ABBE MUSEUM BAR HARBOR, ME	GENERAL GIFT - UNRESTRICTED	$300
ACADIA FAMILY CENTER SOUTHWEST HARBOR, ME	GENERAL GIFT - UNRESTRICTED	$500
ATLANTIC CLASSICAL ORCHESTRA INC FORT PIERCE, FL	GENERAL GIFT - UNRESTRICTED	$1,000
ATLANTIC SALMON FEDERATION INC CALAIS, ME	GENERAL GIFT - UNRESTRICTED	$2,500
BAR HARBOR FIREFIGHTERS ASSOCIATION BAR HARBOR, ME	GENERAL GIFT - UNRESTRICTED	$7,000
BAR HARBOR FOOD PANTRY BAR HARBOR, ME	GENERAL GIFT - UNRESTRICTED	$5,000
BAR HARBOR FOOD PANTRY BAR HARBOR, ME	RESTRICTED USE-NEW LOCATION	$50,000
BAR HARBOR HISTORICAL SOCIETY INC BAR HARBOR, ME	RESTRICTED USE - LA ROCHELLE	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RUTH M COLKET	TRUSTEE	2	—
CAROLYN C CULLEN	TRUSTEE	2	$16,826
TRISTRAM C COLKET III	TRUSTEE	2	$16,826
BRYAN D COLKET	TRUSTEE	2	$16,826
FRANCIS J MIRABELLO	TRUSTEE	1	$16,826
RICHARD A SMOLEN	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Colket Family Foundation fund?

The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science and STEM Education The foundation makes general gift, unrestricted grants to various organizations across these sectors.

How do I apply for a grant from Colket Family Foundation?

**Grant Activity:** • Made 119 grants in 2023 • Total giving: $778,650 (2024) • Typical grant range: $200–$115,000 **Recent Grant Examples (2023):** • Episcopal Academy: $115,000 (General Gift - Unrestricted) • Holderness School: $90,000 (General Gift - Unrestricted) • Sun Valley Community School: $60,000 (General Gift - Unrestricted)

Where does Colket Family Foundation make grants?

The foundation primarily funds organizations in: • Maine • Pennsylvania • Florida

What size grants does Colket Family Foundation award?

In 2024, Colket Family Foundation awarded 92 grants totaling $779K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Colket Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Colket Family Foundation reported a distributable amount of $707K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.