The Colava Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $871K in total assets. In 2024, it awarded 3 grants totaling $25K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$871K
+14.0% YoY
Annual Giving
$25K
+25.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$8K
+25.0% YoY
Under IRS private-foundation payout rules, The Colava Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
About The Colava Foundation
Based on IRS filings
The Colava Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $871K in total assets. In 2024, it awarded 3 grants totaling $25K. Net investment income was $26K.
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 | $870,540 | $763,721 | $616,949 |
| Revenue | $26,071 | $17,573 | $772 |
| Expenses | $28,982 | $21,453 | $28,485 |
| Qualifying Distributions | $25,000 | $20,000 | $27,000 |
| Net Investment Income | $26,071 | $17,573 | $772 |
| Distributable Amount | $38,376 | $35,751 | $33,614 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Muttville ($20,000), Pause Ai Us ($3,000), MADE Museum ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Muttville San Francisco, CA | To continue the mission of the Colava Foundation | $20,000 |
| MADE Museum Oakland, CA | To continue the mission of the Colava Foundation | $2,000 |
| PAUSE AI US | To continue the mission of the Colava Foundation | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Conrad Barski | Vice President | 0.38 | — |
| Lauren Barski | President | 0.38 | — |
| Pamela Hancock | Director | 0.02 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Colava Foundation?
The Colava Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $871K in total assets as of 2024.
How large is The Colava Foundation?
As of 2024, The Colava Foundation holds $871K in total assets with $26K in annual revenue. It awarded 3 grants totaling $25K in 2024.
Where does The Colava Foundation operate?
The Colava Foundation has awarded grants in California, Illinois, Minnesota, New Jersey, New York, South Carolina.
What size grants does The Colava Foundation award?
In 2024, The Colava Foundation awarded 3 grants totaling $25K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Colava Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Colava Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Colava Foundation's EIN?
The Colava Foundation's EIN (Employer Identification Number) is 83-1895143. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Colava Foundation'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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