Colonial Foundation Inc

Organization Overview

Colonial Foundation Inc is located in Salisbury, NC. The organization was established in 1958. 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. Colonial Foundation Inc 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 12/2021, Colonial Foundation Inc generated $10.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $4.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOUNDATION SUPPORTS CHARITABLE ACTIVITIES OF ROWAN COUNTY AND SURROUNDING AREA


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $2,558
Net Rental Income$0
Net Gain on Sale of Assets $7,629
Capital Gain Net Income $2,803
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $10,187

Grants Awarded

Over the last fiscal year, Colonial Foundation Inc has awarded $3,300 in support to 3 organizations.

Grant RecipientAmount

SALISBURY ACADEMY

PURPOSE: ASSIST WITH OPERATING EXPENSES

$2,500

TRININTY LUTHERAN CHURCH

Org PageRecipient Profile

Landis, NC

PURPOSE: ASSIST WITH OPERATING EXPENSES

$500

NAZARETH CHILDRENS HOME

Org PageRecipient Profile

Rockwell, NC

PURPOSE: ASSIST WITH OPERATING EXPENSES

$300
View Grant Profile

Create an account to unlock the data you need.

or