Colonial Savings Foundation
- Assets
- $1.0k
- Revenue
- $216.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 81-4654494
Organization Overview
Colonial Savings Foundation is located in Fort Worth, TX. The organization was established in 2017. 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 Savings 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 12/2022, Colonial Savings Foundation generated $216.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $215.2k during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James E Dubose Director | 1 | $0 | |
David Motley Director | 1 | $0 | |
Brad Ogle Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $216,195 |
| Interest on Savings | $0 |
| Dividends & Interest | $10 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $216,205 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$180 |
| Total operating and administrative expenses | -$180 |
| Contributions, gifts, grants paid | $215,385 |
| Total expenses and disbursements | $215,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $0 |
| 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 | $1,000 |
| 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, Colonial Savings Foundation has awarded $393,846 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS OF GTR FORT WORTH PURPOSE: TO SUPPORT CHARITABLE ACTIVITY | $1,920 |
CENTER FOR TRANSFORMING LIVES PURPOSE: TO SUPPORT CHARITABLE ACTIVITY | $5,000 |
CHRISTMAS IN ACTION PURPOSE: TO SUPPORT CHARITABLE ACTIVITY | $1,000 |
CLEBURNE EDUCATION FOUNDATION PURPOSE: TO SUPPORT CHARITABLE ACTIVITY | $1,200 |
COMMUNITY STOREHOUSE PURPOSE: TO SUPPORT CHARITABLE ACTIVITY | $1,000 |
EASTER SEALS OF NORTH TEXAS PURPOSE: TO SUPPORT CHARITABLE ACTIVITY | $15,000 |