Colonial Foundation Inc
Colonial Foundation Inc is a corporate foundation based in Savannah, Georgia, established in 1986. The foundation provides financial support to nonprofit organizations recognized under section 501(c)(3), with a focus on contributions, pledges, and matching gifts.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.8M
+23.9% YoY
Annual Giving
$2.0M
+18.9% YoY
Grant Count
64
+3.2% YoY
Avg Grant Size
$32K
+15.2% YoY
Mission & Focus Areas
The foundation supports organizations involved with:
- Arts and culture
- Education
- Health
- Cancer
- Hunger
- Human services
- Business promotion
The foundation also strategically supports organizations within its area communities by focusing on five key pillars:
- Arts — Programs and initiatives that promote artistic expression, cultural enrichment, and creativity
- Education — Programs and initiatives that enhance access to quality education, foster innovation in learning, and support lifelong learning opportunities
- Environment — Programs and initiatives that promote environmental conservation, sustainability, and preservation of natural resources
- Safety Net Programs — Programs and initiatives that assist individuals and families facing economic hardship, homelessness, food insecurity, and other basic needs challenges
- Upward Mobility Efforts — Programs and initiatives that help break barriers to socioeconomic advancement, including workforce development and financial literacy programs
Grantmaking
The foundation made 62 grants in 2024, with total giving of $2,027,562.
Grant Range
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Georgia, with some giving activity in Wyoming and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $13,844,142
- Total revenues: $4,033,852
- Total expenses: $2,153,960
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,844,142 | $11,170,025 | $9,371,165 |
| Revenue | $4,033,852 | $3,671,816 | $2,836,414 |
| Expenses | $2,153,960 | $1,804,326 | $1,925,605 |
| Qualifying Distributions | $2,027,562 | $1,705,589 | $1,854,261 |
| Net Investment Income | $878,028 | $802,357 | $1,101,004 |
| Distributable Amount | $1,046,149 | $838,982 | $818,027 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Christian Demere — Vice President and Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| R H DEMERE JR | CHAIRMAN | 0.25 | — |
| CHRISTIAN B DEMERE | PRESIDENT; CEO | 0.25 | — |
| CLAYTON D CHESHIRE | CFO | 0.25 | — |
Contact Information
Mailing Address: PO Box 576 Savannah, GA 31402-0576
Telephone: 912-236-1331
EIN: 58-1693323
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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