Colcom Foundation
- Assets
- $406.6m
- Revenue
- $48.3m
- Investments
- $389.7m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 02/1997
- Data as of
- 06/2021
- EIN
- 31-1479839
Organization Overview
Colcom Foundation is located in Pittsburgh, PA. The organization was established in 1997. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Colcom 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 06/2021, Colcom Foundation generated $48.3m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $30.5m during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Colcom Foundation has awarded 157 individual grants totaling $24,808,765. 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 |
|---|---|---|---|
J S Barsotti Colcom Director/president | 40 | $381,800 | |
J F Rohe Laurel Director/vp | 40 | $276,935 | |
D E Baker Laurel Director/president | 40 | $267,975 | |
R P Lombardi Colcom81720 V.P. Finance And Admin | 40 | $175,897 | |
C Parker Program Director | 40 | $143,567 | |
B A Rowan Office Manager | 40 | $114,890 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Msg | 6/29/21 | $0 |
Ecm | 6/29/21 | $0 |
Cip | 6/29/21 | $0 |
Scm | 6/29/21 | $0 |
Wgi | 6/29/21 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,154,320 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,864,519 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,631,291 |
| Capital Gain Net Income | $35,679,846 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,663,137 |
| Total Revenue | $48,313,267 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,316,169 |
| Other employee salaries and wages | $571,863 |
| Pension plans, employee benefits | $646,450 |
| Interest | $0 |
| Taxes | $583,544 |
| Depreciation | $107,420 |
| Occupancy | $128,712 |
| Travel, conferences, and meetings | $7,003 |
| Printing and publications | $0 |
| Other expenses | $257,201 |
| Total operating and administrative expenses | $5,955,138 |
| Contributions, gifts, grants paid | $24,583,765 |
| Total expenses and disbursements | $30,538,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,938 |
| Savings and temporary cash investments | $15,642,514 |
| 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 | $69,019,037 |
| Net Land, buildings, and equipment | $1,228,601 |
| Other assets | $0 |
| Total assets | $406,634,028 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $910,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $186,932 |
| Total liabilities | $1,096,932 |
Grants Awarded
Over the last fiscal year, Colcom Foundation has awarded $24,808,765 in support to 157 organizations.
| Grant Recipient | Amount |
|---|---|
COLCOM FOUNDATION - FEDERATION FOR AMERICAN IMMIGRATION REFORM PURPOSE: PUBLIC EDUCATION ON SUSTAINABLE IMMIGRATION | $3,100,000 |
COLCOM FOUNDATION - NUMBERSUSA EDUCATION & RESEARCH FOUNDATION PURPOSE: PUBLIC EDUCATION ON SUSTAINABLE IMMIGRATION | $2,600,000 |
COLCOM FOUNDATION - CENTER FOR IMMIGRATION STUDIES PURPOSE: RESEARCH AND PUBLIC EDUCATION ON SUSTAINABLE IMMIGRATION | $1,992,800 |
COLCOM FOUNDATION - IMMIGRATION REFORM LAW INSTITUTE PURPOSE: PUBLIC INTEREST, LEGAL EDUCATION, AND ADVOCACY | $1,750,000 |
COLCOM FOUNDATION - ASPINWALL RIVERFRONT PARK PURPOSE: TRAIL PROJECT | $1,000,000 |
COLCOM FOUNDATION - COMMUNITY COLLEGE OF ALLEGHENY COUNTY - EDUCATION FOUND PURPOSE: CHALLENGE GRANT - CULINARY ARTS FACILITY | $1,000,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colcom Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Allegheny Conference On Community Development Pittsburgh, PA PURPOSE: HISTORY MAKERS PRODUCTION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The United Way Of Central Maryland Inc Baltimore, MD | $67,768,699 | $88,763,556 |
Jewish Federation Of Cleveland Cleveland, OH | $589,585,655 | $113,020,772 |
American Gift Fund Wilmington, DE | $439,949,657 | $191,491,973 |
United Way Of New York City New York, NY | $40,512,646 | $61,047,819 |
Childrens Rescue Fund Bronx, NY | $24,029,170 | $53,044,030 |
Associated Jewish Community Federation Of Baltimore Inc Baltimore, MD | $42,735,304 | $45,612,361 |
Jewish Federation Of Greater Philadelphia Philadelphia, PA | $424,827,168 | $56,076,653 |
Masonic Charity Foundation Of New Jersey Burlington, NJ | $172,221,934 | $43,314,018 |
Associated Jewish Charities Of Baltimore Baltimore, MD | $398,678,795 | $51,667,875 |
United Way Of Greater Rochester And The Finger Lakes Inc Rochester, NY | $189,540,443 | $45,112,374 |
The United Way Of Southwestern Pennsylvania Pittsburgh, PA | $71,821,513 | $41,142,392 |
The Jewish Federation Of Greater Washington Inc North Bethesda, MD | $260,201,202 | $41,780,933 |