Robert & Patricia Colby Foundation
The Robert & Patricia Colby Foundation is a private family foundation established in 1989 and based in Buffalo, New York. The foundation operates as a 501(c)(3) tax-exempt organization and maintains a modest asset base while directing significant resources toward philanthropic activities across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$129K
-85.3% YoY
Grant Count
5
-78.3% YoY
Avg Grant Size
$26K
-32.6% YoY
Mission & Focus Areas
The foundation supports a diverse range of subject areas including:
- Arts and Culture: Performing arts, music, and orchestral music
- Education: Elementary and secondary education
- Health: Focus on diseases and conditions, particularly cancers
- Religion
- Sports and Recreation
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$6,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation provides funding to organizations across multiple states, including:
- New York
- Pennsylvania
- Massachusetts
- Illinois
- Kentucky
- Michigan
- Florida
- South Carolina
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $127,181
- Total Revenue: $164,198
- Total Expenses: $894,756
- Total Liabilities: $0
The foundation's annual expenses significantly exceed its asset base, indicating it distributes capital from reserves or other sources to support its grantmaking activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $127,181 | $841,310 |
| Revenue | $1,419 | $164,198 | $48,354 |
| Expenses | $128,600 | $894,756 | $178,168 |
| Qualifying Distributions | $128,571 | $883,385 | $161,834 |
| Net Investment Income | $1,390 | $152,826 | $36,554 |
| Distributable Amount | $1,330 | $45,806 | $49,699 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
81 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
The foundation is managed by two co-trustees who serve without compensation:
- James M. Wadsworth – Co-Trustee
- Michal Wadsworth – Co-Trustee
Contact Information:
- Address: 140 Pearl Street, Suite 100, Buffalo, NY 14202
- Telephone: 716-848-1230
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES M WADSWORTH | CO-TRUSTEE | 1 | — |
| MICHAL WADSWORTH | CO-TRUSTEE | 1 | — |
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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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