Colonial Foundation Inc
Colonial Foundation Inc is a private foundation, based in SALISBURY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$67K
+5.1% YoY
Annual Giving
$2K
-13.0% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$1K
+30.4% YoY
About Colonial Foundation Inc
Based on IRS filings
Colonial Foundation Inc is a private foundation, based in SALISBURY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $5K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $66,703 | $63,469 | $63,316 |
| Revenue | $6,641 | $3,726 | $5,476 |
| Expenses | $3,407 | $3,573 | $4,547 |
| Qualifying Distributions | $2,000 | $2,300 | $3,300 |
| Net Investment Income | $5,017 | $2,794 | $3,695 |
| Distributable Amount | — | — | — |
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
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Trininty Lutheran Church ($1,500), Salisbury Academy ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| SALISBURY ACADEMY SALISBURY, NC | ASSIST WITH OPERATING EXPENSES | $500 |
| TRININTY LUTHERAN CHURCH LANDIS, NC | ASSIST WITH OPERATING EXPENSES | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN LIPE | DIRECTOR | — | — |
Frequently Asked Questions
How large is Colonial Foundation Inc?
As of 2024, Colonial Foundation Inc holds $67K in total assets with $7K in annual revenue. It awarded 2 grants totaling $2K in 2024.
Where does Colonial Foundation Inc operate?
Colonial Foundation Inc has awarded grants in North Carolina.
What size grants does Colonial Foundation Inc award?
In 2024, Colonial Foundation Inc awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.
What is Colonial Foundation Inc's EIN?
Colonial Foundation Inc's EIN (Employer Identification Number) is 56-6047503. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Colonial Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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