College of Life Foundation Inc

ESTERO, FL EIN: 59-1463053

College of Life Foundation Inc is a private foundation, based in ESTERO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $622K in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $15K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$622K

-6.9% YoY

Annual Giving

$10K

+100.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5K

+100.0% YoY

Under IRS private-foundation payout rules, College of Life Foundation Inc reported a distributable amount of $99K for 2024 — the minimum it must pay out in qualifying distributions.

About College of Life Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $25K (71%)

Virginia $10K (29%)

States

Florida Virginia

Cities

EsteroFort MyersManassas

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$621,582	$667,931	$727,747
Revenue	$61,903	$44,538	$43,055
Expenses	$108,194	$105,189	$124,556
Qualifying Distributions	$61,546	$58,488	$70,048
Net Investment Income	$15,255	—	—
Distributable Amount	$98,998	$88,068	$87,843

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Estero Historical Society ($5,000), Friends of Koreshan State Park ($5,000).

Recipient	Purpose	Amount
ESTERO HISTORICAL SOCIETY ESTERO, FL	UNRESTRICTED GENERAL OPERATING SUPPORT.	$5,000
FRIENDS OF KORESHAN STATE PARK ESTERO, FL	UNRESTRICTED GENERAL OPERATING SUPPORT.	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PAUL SCHRYVER	PRESIDENT	10	$53,000
JUDY ALLER	TREASURER/SECRETARY	5	$4,835
MARCUS ZILLMAN	DIRECTOR	5	—

Frequently Asked Questions

How large is College of Life Foundation Inc?

As of 2024, College of Life Foundation Inc holds $622K in total assets with $62K in annual revenue. It awarded 2 grants totaling $10K in 2024.

Where does College of Life Foundation Inc operate?

College of Life Foundation Inc has awarded grants in Florida, Virginia.

What size grants does College of Life Foundation Inc award?

In 2024, College of Life Foundation Inc awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is College of Life Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, College of Life Foundation Inc reported a distributable amount of $99K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is College of Life Foundation Inc's EIN?

College of Life Foundation Inc's EIN (Employer Identification Number) is 59-1463053. IRS Form 990 filing data is available on this page for 2020–2024.