The Edward Colston Foundation Inc

ATLANTA, GA EIN: 58-1818739

Education Elementary and secondary education Higher education Philanthropy Nonprofits

The Edward Colston Foundation Inc is a private foundation based in Atlanta, Georgia. The organization is classified as a 501(c)(3) entity and has been tax-exempt since August 1989. It operates as a grantmaking foundation supporting various charitable causes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.2M

+5.6% YoY

Annual Giving

$828K

+14.5% YoY

Grant Count

+15.7% YoY

Avg Grant Size

$14K

-1.1% YoY

Under IRS private-foundation payout rules, The Edward Colston Foundation Inc reported a distributable amount of $853K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation does not have a publicly stated mission statement on file. However, its grantmaking priorities focus on:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services
Community Health
Health and Medical Services
Health and Wellness

Grantmaking

The foundation distributes grants for general use to its selected grantees.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

Georgia
Virginia
South Carolina

Grant Distribution by State

Georgia $1.7M (52%)

New York $410K (13%)

Virginia $222K (7%)

Maryland $205K (6%)

South Carolina $150K (5%)

Florida $145K (5%)

Oregon $90K (3%)

District of Columbia $69K (2%)

+8 more states

States

Colorado District of Columbia Florida Georgia Maryland Maine Montana North Carolina New York Ohio Oregon South Carolina Tennessee Texas Virginia Washington

Cities

AlexandriaAlpharettaAshevilleAthensAtlantaBaltimoreBarnesvilleBendBooneBoooneBoulderBozemanBozoemanBristolBrooklynCharlestonCharlottesvilleCinncinnatiCoconut CreekDecatur

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2024:

Total Assets: $12,226,862
Total Revenue: $1,635,983
Total Expenses: $991,656
Net Income: $644,327
Total Liabilities: $0

Revenue Composition (2024):

Contributions Received: 58.4% of total revenue
Investment Income and Dividends: 26.9% of total revenue
Other sources: 14.6% of total revenue

Staffing:

0 employees

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,226,862	$11,582,535	$9,278,290
Revenue	$1,635,983	$3,171,710	$1,133,438
Expenses	$991,656	$867,465	$779,965
Qualifying Distributions	$828,360	$723,700	$657,100
Net Investment Income	$520,690	$2,267,851	$735,348
Distributable Amount	$852,891	$684,297	$659,222

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

243 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Friends of Haiti in Ny ($60,000), Good Samaritan Health Center ($40,000), Mercy Care Foundation ($40,000).

Recipient	Purpose	Amount
AERIAL RECOVERY NASHVILLE, TN	GENERAL USE	$10,000
AMERICAN RIVERS ANGLERS FUND WASHINGTON, DC	GENERAL USE	$2,500
ATLANTA HABITAT FOR HUMANITY ATLANTA, GA	GENERAL USE	$10,000
ATLANTA MISSION ATLANTA, GA	GENERAL USE	$7,500
ATLANTA YOUTH ACADEMY ATLANTA, GA	GENERAL USE	$12,000
BCM GEORGIA ATLANTA, GA	GENERAL USE	$10,000
BELOVED ASHEVILLE ASHEVILLE, NC	GENERAL USE	$15,000
BLUE MONARCH MONTEAGLE, TN	GENERAL USE	$7,500
BROTHER WOLF ANIMAL RESCUE ASHEVILLE, NC	GENERAL USE	$5,000
CAJUN NAVY RELIEF HOUSTON, TX	GENERAL USE	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
EDWARD C MITCHELL JR	PRESIDENT/DI	—	—
VIRGINIA C MITCHELL	DIRECTOR	—	—
JENNIFER B HOVIS	SECRETARY	—	—
EDWARD C MITCHELL III	DIRECTOR	—	—
AMANDA K MITCHELL	DIRECTOR	—	—
DUSTIN MARTIN	DIRECTOR	—	$500

Contact Information

Address: 3747 Peachtree Rd NE Apt 2522 Atlanta, GA 30319

EIN: 58-1818739

Subject Areas

Focus areas based on grantmaking activity

Education Elementary and secondary education Higher education Philanthropy Nonprofits

Frequently Asked Questions

What does The Edward Colston Foundation Inc fund?

The foundation does not have a publicly stated mission statement on file. However, its grantmaking priorities focus on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Community Health • Health and Medical Services • Health and Wellness

How do I apply for a grant from The Edward Colston Foundation Inc?

**Grant Activity:** • Made 44 grants in 2024 • Total giving in 2024: $828,360 • Typical award range: $1,000–$60,000 **Recent Grantees (2024):** • Mercy Care Foundation: $40,000 • The Good Samaritan Health Center: $40,000 • EARTH University Foundation: $37,360 The foundation distributes grants for general use to its selected grantees.

Where does The Edward Colston Foundation Inc make grants?

The foundation primarily funds organizations in: • Georgia • Virginia • South Carolina

What size grants does The Edward Colston Foundation Inc award?

In 2024, The Edward Colston Foundation Inc awarded 59 grants totaling $828K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is The Edward Colston Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Edward Colston Foundation Inc reported a distributable amount of $853K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Edward Colston Foundation Inc's EIN?

The Edward Colston Foundation Inc's EIN (Employer Identification Number) is 58-1818739. IRS Form 990 filing data is available on this page for 2020–2024.