College First Foundation
College First Foundation is a private foundation based in Irving, Texas. Its 2020 Form 990-PF is marked as a final return, indicating that the foundation has terminated or is winding down; it therefore appears to have stopped or be winding down its grantmaking.
Key facts about College First Foundation
In short: College First Foundation gave $753K across 27 grants in 2020 (avg $28K), mostly in Iowa. Source: 2020 IRS Form 990-PF.
- EIN
- 75-2638941
- Latest 990 filing
- Form 990-PF, 2020
- Annual giving (2020)
- $753,000
- Grants made (2020)
- 27
- Average grant
- $27,889
- Median grant
- $1,000
- Primary geography
- Iowa (64% of itemized 2020 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2020; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$753K
Grant Count
27
Avg Grant Size
$28K
Under IRS private-foundation payout rules, College First Foundation reported a distributable amount of $31K for 2020 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2020 grants included general-fund support for Cornell College and the University of New Haven, as well as scholarships to individuals.
Cornell College describes its mission as offering an innovative and rigorous learning community that develops students’ intellectual curiosity, creativity, moral courage, and engaged citizenship. The University of New Haven describes its mission as preparing students for purposeful and fulfilling lives through high-quality, experiential, collaborative, and discovery-based education.
Grantmaking
In 2020, the foundation made 27 grants totaling $753,000. Grant amounts ranged from $1,000 to $482,000, with a median grant of $1,000.
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Geographic Focus
Where this funder awards grants
In 2020, grant dollars went to recipients in Iowa (64%), Connecticut (32%), and Texas (4%).
Grant Distribution by State
Share of 2020 grant dollars across all 27 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 27 grants totaling $753K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2020
The largest 2020 recipient was Cornell College ($482K). Together the top 2 received $723K.
Organizations only. It also paid 25 individual scholarships ($30,000), which are not listed by name.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 25 grants of 27 (93%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cornell College Mt Vernon, IA | General Fund | $482,000 |
| University of New Haven West Haven, CT | General Fund | $241,000 |
| 25 individual scholarships Recipients not named | — | $30,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Revenue | Expenses | Grants |
|---|---|---|---|
| 2020 | $163,420 | $759,459 | $753,000 |
| Metric | 2020 |
|---|---|
| Revenue | $163,420 |
| Expenses | $759,459 |
| Net Investment Income | $123,884 |
| Distributable Amount | $30,686 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2020
Leadership & Key People
Leadership team and compensation from IRS filings
The 2020 filing lists Lou Anne King Jensen as vice president and director; Jeffrey Jensen as president and director; and Janet Jensen as secretary, treasurer, and director.
College First Foundation is led by Jeffrey Jensen, President & Director on the 2020 filing; none of the 3 officers listed in 2020 report compensation.
Officers on the 2020 filing
Jeffrey Jensen
President & Director
New on the 2020 filing
1 hr/week
No compensation reported
Janet Jensen
Secretary, Treasurer & Director
New on the 2020 filing
1 hr/week
No compensation reported
Lou Anne King Jensen
V. P. & Director
New on the 2020 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 130 E John Carpenter Fwy Ste 470, Irving, TX 75062
Phone: (972) 999-4556
Frequently asked questions about College First Foundation
How much does College First Foundation give each year?
College First Foundation gave $753K across 27 grants in 2020, according to its 2020 IRS Form 990-PF.
What is College First Foundation's typical grant size?
College First Foundation's median grant in 2020 was $1,000, and its average grant was $27,889, across 27 grants on its 2020 IRS Form 990-PF.
Where does College First Foundation give grants?
College First Foundation gives mostly in Iowa: 64% of the grant dollars itemized on its 2020 IRS Form 990-PF went to recipients there. The next largest state was Connecticut (32%).
Does College First Foundation give general operating support?
Occasionally: 7% of College First Foundation's 2020 grants with a stated purpose (2 of 27) were for general or operating support, per its 2020 IRS Form 990-PF. Recurring purposes include "Scholarships" (25 grants).
What does College First Foundation fund?
No mission statement for the foundation is provided. Its 2020 grants included general-fund support for Cornell College and the University of New Haven, as well as scholarships to individuals. See mission & focus areas ↑
How do I apply for a grant from College First Foundation?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is College First Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, College First Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is College First Foundation's EIN?
College First Foundation's EIN (Employer Identification Number) is 75-2638941. IRS Form 990 filing data is available on this page for 2020.
Does College First Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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