Colton Family Foundation
The Colton Family Foundation is a private family foundation established in 1984 and based in Short Hills, New Jersey. The foundation operates as a 501(c)(3) tax-exempt organization with a focus on strategic philanthropic giving across multiple sectors including higher education, Jewish organizations, medical research, and the arts.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$75.7M
-15.8% YoY
Annual Giving
$17.0M
+14.9% YoY
Grant Count
47
+30.6% YoY
Avg Grant Size
$361K
-12.0% YoY
Mission & Focus Areas
The foundation's giving priorities center on:
- Autoimmune Disease Research — A primary focus area shaped by personal experience, with significant commitments to advancing scientific understanding and treatment of autoimmune conditions
- Higher Education — Support for educational institutions and scholarship programs
- Jewish Organizations and Causes — Longstanding commitment to Jewish philanthropy
- Medical Research — Broader support for medical and scientific research initiatives
- The Arts — Including arts education and training programs
Grantmaking
The foundation does not maintain a public application process. Grants are awarded by invitation only at the discretion of foundation trustees. The foundation does not accept unsolicited applications.
Grant Range
$21,000 to $60.0 million
Average Grant
$410,456
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's geographic focus is national (all U.S. states) and international, with particular emphasis on Israel.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2024):
- Total assets: $75.7 million
- Total giving: $17.0 million
Assets & Giving (2023):
- Total assets: $90 million
- Total liabilities: $0
- Revenue: $1.8 million
- Expenses: $14.9 million
Tax Status:
- EIN: 22-2520918
- Tax-exempt since May 1984
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $75,743,717 | $89,981,416 | $102,598,309 |
| Revenue | $3,368,597 | $1,802,074 | $30,791,518 |
| Expenses | $17,069,841 | $14,851,352 | $6,405,960 |
| Qualifying Distributions | $17,005,526 | $14,796,876 | $5,834,125 |
| Net Investment Income | $3,632,279 | $2,305,075 | $41,297,517 |
| Distributable Amount | $4,489,109 | $5,197,678 | $4,831,579 |
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
225 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
- Stewart M. Colton — Co-founder and trustee; entrepreneur and former owner of Alpha Metals Co.; Wharton graduate (class of 1962)
- Judith S. Colton — Co-founder and trustee; psychologist, teacher, and founder of Hartwood Systems computer consulting firm
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEWART M COLTON | FOUNDATION M | 1 | — |
| JUDITH S COLTON | FOUNDATION M | 1.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has made several significant recent grants and initiatives:
**Colton Center for Autoimmunity at Penn Medicine** — Received a $50 million gift to establish a scientific collaboration hub focused on autoimmune disease research
Colton Center for Autoimmunity Consortium - Main**NJPAC Arts Initiative** — Provided a $10 million donation to support the Colton Institute for Research and Training in the Arts at New Jersey Performing Arts Center, benefiting arts education and training programs in Newark
NJPAC Launches Colton Institute for Research and Training in the ArtsRelated Funders
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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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