Colket Foundation
Colket Foundation is a private foundation, based in Fairview, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $717K in total assets. In 2024, it awarded 9 grants totaling $9K. Net investment income was $26K.
Colket Foundation at a glance
In short: Colket Foundation gave $9K across 9 grants in 2024 (avg $951), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $8,559
- -30.8% vs 2023
- Grants made (2024)
- 9
- +0.0% vs 2023
- Average grant
- $951
- -30.8% vs 2023
- Median grant
- $475
- Total assets
- $716,775
- -9.9% vs 2023
- Primary geography
- Texas (63% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Colket Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Adaptive Sports Association ($3K). Together the top 9 received $9K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 45 grants of 45 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
States
Cities
How Colket Foundation gives
- Giving held roughly steady from 2021 to 2024 (−4%). Method
- In 2024 it paid out 93% 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 2024, annual grant giving ranged from $8K (2022) to $12K (2023). In 2024 it made 9 grants totaling $9K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Adaptive Sports Association Durango, CO | Educational Support | $2,690 |
| Camp Summit Dallas, TX | Educational Support | $2,347 |
| Manegait McKinney, TX | Educational Support | $1,100 |
| Green Wave Club at Tulane Univ Dallas, TX | Education Support | $1,000 |
| Heroes Richardson, TX | Educational Support | $475 |
| Heartest Yard Foundation Charlotte, NC | Health Support | $267 |
| Special Olympics Washington, DC | Health Support | $250 |
| Covenant House Houston, TX | Humanity Support | $250 |
| Friends of Fairview Firefighters Fairview, TX | Public Safety | $180 |
Ready to take the next step with Colket Foundation?
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 | $716,775 | $-8,377 | $70,239 | $8,559 | 9 | $60,073 | $26,347 | $64,303 |
| 2023 | $795,391 | $25,059 | $80,065 | $12,360 | 9 | $64,651 | $25,691 | $57,568 |
| 2022 | $850,397 | $86,330 | $71,178 | $7,564 | 9 | $58,496 | $74,230 | $62,089 |
| 2021 | $835,245 | $51,373 | $53,642 | $8,880 | 9 | $39,427 | $38,698 | $67,066 |
| 2020 | $837,514 | $150,309 | $52,062 | $7,977 | 9 | — | $139,956 | $52,211 |
Under IRS private-foundation payout rules, Colket Foundation reported a distributable amount of $64K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Colket Foundation is led by Charles H. Colket, President & Director on every filing since 2020; 4 of 7 officers listed in 2024 are compensated.
Officers on the 2024 filing
Charles H. Colket
President & Director
On filings since 2020
3 hrs/week
$3K (2020) → $3K (2024)
Lauri A. Youngblood
Director
On filings since 2020
3 hrs/week
$1K (2020) → $3K (2024)
Leslie C. Jackson
Secretary, Trs & Director
On filings since 2020
3 hrs/week
$1K (2020) → $3K (2024)
Lisa C. Schrimsher
Vice President & Director
On filings since 2020
3 hrs/week
$1K (2020) → $3K (2024)
Rick L. Schrimsher
Director
On filings since 2020
$1K (2020) → $0 (2024)
Scott P. Youngblood
Director
On filings since 2020
$1K (2020) → $0 (2024)
Timothy M. Jackson
Director
On filings since 2020
$1K (2020) → $0 (2024)
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 $3K, to Charles H Colket (Pres/DIR.). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Colket Foundation
How much does Colket Foundation give each year?
Colket Foundation gave $9K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $12K across 9 grants.
What is Colket Foundation's typical grant size?
Colket Foundation's median grant in 2024 was $475, and its average grant was $951, across 9 grants on its 2024 IRS Form 990-PF.
Where does Colket Foundation give grants?
Colket Foundation gives mostly in Texas: 63% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Colorado (31%). The most frequent recipient cities were Dallas, TX (2 grants).
Does Colket Foundation give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on Colket Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Support" (4 grants).
Who are Colket Foundation's largest grantees?
Colket Foundation's largest 2024 grantees include Adaptive Sports Association ($2,690), Camp Summit ($2,347) and Manegait ($1,100), according to its 2024 IRS Form 990-PF. Together they received 72% of its itemized 2024 grant dollars.
How large is Colket Foundation?
Colket Foundation reported $717K in total assets on its 2024 IRS Form 990-PF. It paid out $60K in qualifying distributions that year, against a required minimum of $64K (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.
What is Colket Foundation's EIN?
Colket Foundation's EIN (Employer Identification Number) is 46-5050393. 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
Explore Open Grants
Browse active grant opportunities in Colket Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Gives Sunset FKA Depcom Gives
Scottsdale, AZ
Assets
—
Grants
8
Total Given
$37K
McKesson Foundation Inc
Dallas, TX
The McKesson Foundation funds cancer support and care, healthcare workforce pathways, and emergency response, with grants mainly supporting organizations in the United States and Canada. Its 2025 grants had a median of $100,000, though amounts ranged from $10,000 to about $2.47 million. Its filing says it does not accept unsolicited requests, while its application page describes an online application process with stated submission windows.
Assets
$1.6M
Grants
76
Total Given
$16.6M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
Vyuha Inc
Miami Beach, FL
Vyuha Inc. supports qualified public charities chosen by members of the Vohra employee and partner community, across areas including health, education, arts, environment, and international aid. Its 2025 grants ranged from $2,500 to $50,000, with a median of $15,000, and went to organizations in the U.S. and internationally. It says it does not currently require an application form for consideration.
Assets
$14.5M
Grants
66
Total Given
$1.0M
Monster Energy Cares
Corona, CA
Assets
$129K
Grants
144
Total Given
$806K
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Colket 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.
Colket Foundation down — hundreds of funders to go?