Colton Famliy Foundation
- Assets
- $90.0m
- Revenue
- $1.8m
- Investments
- $80.2m
- Employees
- 0
- Location
- Short Hills, NJ
- Founding
- 05/1984
- Data as of
- 11/2023
- EIN
- 22-2520918
Organization Overview
Colton Famliy Foundation is located in Short Hills, NJ. The organization was established in 1984. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colton Famliy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Colton Famliy Foundation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $14.9m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Colton Famliy Foundation has awarded 330 individual grants totaling $40,261,652. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stewart M Colton Foundation M | 2 | $0 | |
Judith S Colton Foundation M | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Isaac Kohlberg | 11/29/19 | $75,000 |
Curtis Keith | 11/29/19 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,500 |
| Interest on Savings | $2,306,643 |
| Dividends & Interest | $19,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$543,229 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,716 |
| Total Revenue | $1,802,074 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,037 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $964 |
| Total operating and administrative expenses | $74,951 |
| Contributions, gifts, grants paid | $14,776,401 |
| Total expenses and disbursements | $14,851,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,580 |
| Savings and temporary cash investments | $9,734,523 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $89,981,416 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Colton Famliy Foundation has awarded $14,776,401 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA GIVES INC PURPOSE: UNRESTRICTED | $55,000 |
AMERICAN FRIENDS OF TEL AVIV UNIV PURPOSE: UNRESTRICTED | $800,000 |
BOSTON SYMPHONY ORCHESTRA PURPOSE: UNRESTRICTED | $10,000 |
BRANDEIS UNIVERSITY PURPOSE: UNRESTRICTED | $5,000 |
COALITION FOR THE HOMELESS PURPOSE: UNRESTRICTED | $2,000 |
DOCTORS WITHOUT BORDERS PURPOSE: UNRESTRICTED | $5,000 |