The Kolb Family Foundation
The Kolb Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $544K in total assets. In 2024, it awarded 2 grants totaling $27K. Net investment income was $31K.
Key facts about The Kolb Family Foundation
- EIN
- 20-6386044
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $27,000
- Grants made (2024)
- 2
- Average grant
- $13,500
- Median grant
- $13,500
- Total assets
- $544,468
- Primary geography
- Massachusetts (81% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How The Kolb Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (+8%). Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Kolb Family Foundation
- How to evaluate The Kolb Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$544K
+0.8% YoY
Annual Giving
$27K
+3.1% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$14K
+3.1% YoY
Under IRS private-foundation payout rules, The Kolb Family Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
About The Kolb Family Foundation
Based on IRS filings
The Kolb Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $544K in total assets. In 2024, it awarded 2 grants totaling $27K. Net investment income was $31K.
Focus Areas
Ready to take the next step with The Kolb Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $544,468 | $540,036 | $559,894 |
| Revenue | $40,044 | $14,022 | $-6,504 |
| Expenses | $35,612 | $33,951 | $40,767 |
| Qualifying Distributions | $27,000 | $26,200 | $30,000 |
| Net Investment Income | $31,432 | $6,342 | $5,138 |
| Distributable Amount | $29,767 | $26,460 | $27,264 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Cure for Alzheimer's Fund ($22,000), The Night Ministry ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CURE FOR ALZHEIMER'S FUND Wellesley Hills, MA | GENERAL SUPPORT | $22,000 |
| THE NIGHT MINISTRY Chicago, IL | GENERAL SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Susan B Kolb | Trustee | 0.5 | — |
| Alexander J Kolb | Trustee | 0.5 | — |
| Kristopher L Kolb | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Kolb Family Foundation?
The Kolb Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Atlanta, GA. It holds $544K in total assets as of 2024.
How large is The Kolb Family Foundation?
As of 2024, The Kolb Family Foundation holds $544K in total assets with $40K in annual revenue. It awarded 2 grants totaling $27K in 2024.
Where does The Kolb Family Foundation operate?
The Kolb Family Foundation has awarded grants in Florida, Illinois, Massachusetts, North Carolina.
What size grants does The Kolb Family Foundation award?
In 2024, The Kolb Family Foundation awarded 2 grants totaling $27K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is The Kolb Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kolb Family Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Kolb Family Foundation's EIN?
The Kolb Family Foundation's EIN (Employer Identification Number) is 20-6386044. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.