Color Foundation

BURLINGAME, CA EIN: 81-3154402

Color Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in BURLINGAME, CA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 2 grants totaling $287K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$287K

+30.6% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$144K

+95.9% YoY

Under IRS private-foundation payout rules, Color Foundation reported a distributable amount of $4K for 2022 — the minimum it must pay out in qualifying distributions.

About Color Foundation

Based on IRS filings

Color Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in BURLINGAME, CA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 2 grants totaling $287K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ChicagoNew HavenSeattle

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$80K$161K$241K$321K202020212022
Metric202220212020
Total Assets$361,434$583,398
Revenue$36,150$100,000
Expenses$292,210$239,197$30,106
Qualifying Distributions$292,210$239,197
Net Investment Income
Distributable Amount$3,903$79,926$27,639

Giving Over Time

Total grant dollars and number of grants per year

$0$72K$144K$216K$287K0 grants20203 grants20212 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2022

THE UNIVERSITY OF WASHIN…$194KTHE UNIVERSITY OF CHICAGO$93K

Grant Size Distribution

5 grants across all recorded years

<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include The University of Washington School of Medicine ($194,213), The University of Chicago ($93,222).

RecipientPurposeAmount
THE UNIVERSITY OF WASHINGTON SCHOOL OF MEDICINE SEATTLE, WATHE GRANT IS FOR THE BENEFIT OF THE UNIVERSITY OF WASHINGTON SCHOOL OF MEDICINE TO BE USED TO ACQUIRE LOW-COST GENETIC TESTS.$194,213
THE UNIVERSITY OF CHICAGO CHICAGO, ILTHE GRANT IS FOR THE BENEFIT OF THE BIOLOGICAL SCIENCES DIVISION (THE "UNIVERSITY") TO BE USED TO ACQUIRE LOW-COST GENETIC TEST.$93,222

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
TONY WONGPRESIDENT1
BARBARA MURPHYSECRETARY1
RUBBEE MYGGENTREASURER1
SCOTT TOPPERPRESIDENT1
OTHMAN LARAKIPRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Color Foundation?

Color Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in BURLINGAME, CA. It holds — in total assets as of 2022.

Where does Color Foundation operate?

Color Foundation has awarded grants in Connecticut, Illinois, Washington.

What size grants does Color Foundation award?

In 2022, Color Foundation awarded 2 grants totaling $287K — an average of about $144K per grant, based on its IRS Form 990 filings.

How much is Color Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Color Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Color Foundation's EIN?

Color Foundation's EIN (Employer Identification Number) is 81-3154402. IRS Form 990 filing data is available on this page for 2020–2022.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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