Rc Colton Jr Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ORLEANS, LA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 8 grants totaling $284K. Net investment income was $380K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
+1.6% YoY
Annual Giving
$284K
-31.6% YoY
Grant Count
8
+300.0% YoY
Avg Grant Size
$36K
-82.9% YoY
Under IRS private-foundation payout rules, Rc Colton Jr Foundation Inc reported a distributable amount of $218K for 2024 — the minimum it must pay out in qualifying distributions.
About Rc Colton Jr Foundation Inc
Based on IRS filings
Rc Colton Jr Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ORLEANS, LA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 8 grants totaling $284K. Net investment income was $380K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,633,387 | $3,575,639 | $3,911,652 |
| Revenue | $413,701 | $187,368 | $3,975,203 |
| Expenses | $355,953 | $521,281 | $71,331 |
| Qualifying Distributions | $314,176 | $433,364 | $48,631 |
| Net Investment Income | $379,698 | $146,840 | $3,952,453 |
| Distributable Amount | $218,357 | $197,995 | $169,534 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sweet Briar College ($175,000), Loyola University New Orleans ($40,000), Children's Hospital ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LOYOLA UNIVERSITY NEW ORLEANS NEW ORLEANS, LA | WOMEN'S BASKETBALL LOCKER ROOM | $40,000 |
| SWEET BRIAR COLLEGE SWEET BRIAR, VA | GENERAL | $175,000 |
| ST MICHAEL SPECIAL SCHOOL NEW ORLEANS, LA | GENERAL | $15,000 |
| HOLY NAME OF JESUS NEW ORLEANS, LA | GENERAL | $15,000 |
| CARROLLTON BOOSTERS NEW ORLEANS, LA | AVENGER FIELD | $4,000 |
| AMATEUR RIDERS CLUB OF AMERICA MIDDLEBURG, VA | GENERAL | $5,000 |
| CENTER FOR BIG BEND STUDIES ALPINE, TX | FRIENDS OF THE CENTER FOR BIG BEND STUDIES | $10,000 |
| CHILDREN'S HOSPITAL NEW ORLEANS, LA | MORGAN RAE CENTER FOR HOPE | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD C COLTON JR | PRESIDENT | 10 | $500 |
| BEVERLY R NICHOLS | TREASURER | 2 | $500 |
| JOHN F CARRERE | DIRECTOR | 1 | $500 |
| MATTHEW WALDRON | VICE PRESIDENT | 2 | $500 |
| BETSY LABORDE | SECRETARY | 2 | $500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rc Colton Jr Foundation Inc?
Rc Colton Jr Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ORLEANS, LA. It holds $3.6M in total assets as of 2024.
How large is Rc Colton Jr Foundation Inc?
As of 2024, Rc Colton Jr Foundation Inc holds $3.6M in total assets with $414K in annual revenue. It awarded 8 grants totaling $284K in 2024.
Where does Rc Colton Jr Foundation Inc operate?
Rc Colton Jr Foundation Inc has awarded grants in Louisiana, Texas, Virginia.
What size grants does Rc Colton Jr Foundation Inc award?
In 2024, Rc Colton Jr Foundation Inc awarded 8 grants totaling $284K — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is Rc Colton Jr Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rc Colton Jr Foundation Inc reported a distributable amount of $218K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rc Colton Jr Foundation Inc's EIN?
Rc Colton Jr Foundation Inc's EIN (Employer Identification Number) is 87-3938295. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Rc Colton Jr 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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