Colburn-Keenan Foundation Inc
- Assets
- $9.3m
- Revenue
- $597.0k
- Investments
- $9.0m
- Employees
- 0
- Location
- Enfield, CT
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 20-4634920
Organization Overview
Colburn-Keenan Foundation Inc is located in Enfield, CT. The organization was established in 2006. 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. Colburn-Keenan 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 12/2022, Colburn-Keenan Foundation Inc generated $597.0k 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 (3.8%) each year. All expenses for the organization totaled $656.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Colburn-Keenan Foundation Inc has awarded 409 individual grants totaling $4,526,559. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS COMMUNITY, LOCAL, AND NATIONAL ORGANIZATIONS AND INSTITUTIONS IN THE UNITED STATES, WHOSE PROGRAMS SERVE THE NEEDS OF THOSE WITH CHRONIC INHERITED BLEEDING DISORDERS AND OTHER CHRONIC ILLNESSES.
THE FOUNDATION PROVIDES ASSISTANCE AND SUPPORT TO INDIVIDUALS AND FAMILIES, IN THE UNITED STATES, WHO ARE AFFECTED BY CHRONIC INHERITED BLEEDING DISORDERS AND OTHER CHRONIC ILLNESSES.
SCHOLARSHIPS ARE AWARDED TO UNDERGRADUATE STUDENTS WITH HEMOPHILIA, VON WILLEBRAND DISEASE, OR A RELATED INHERITED BLEEDING DISORDER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Rich Steingart Board Member | 1 | $0 | |
Hilary Keenan Board Member | 1 | $0 | |
Christine Pineo Board Member | 1 | $0 | |
Susan Keenan Secretary | 1 | $0 | |
Kimberly Conant Executive Director | 30 | $57,000 | |
Renee Oliveri Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $254 |
| Dividends & Interest | $182,815 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $385,174 |
| Capital Gain Net Income | $385,174 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,801 |
| Total Revenue | $597,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $57,000 |
| Other employee salaries and wages | $1,549 |
| Pension plans, employee benefits | $0 |
| Interest | $25 |
| Taxes | $14,233 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,159 |
| Printing and publications | $0 |
| Other expenses | $8,407 |
| Total operating and administrative expenses | $120,620 |
| Contributions, gifts, grants paid | $535,459 |
| Total expenses and disbursements | $656,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,928 |
| 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 | $9,011,878 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,918 |
| Total assets | $9,296,724 |
| Accounts payable and accrued expenses | $352 |
| Grants payable | $97,228 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $70 |
| Total liabilities | $97,650 |
Grants Awarded
Over the last fiscal year, Colburn-Keenan Foundation Inc has awarded $535,459 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
INDIVIDUAL SCHOLARSHIPS PURPOSE: FINANCIAL AID TO THOSE WITH BLEEDING DISORDERS AND OTHER CHRONIC ILLNESS | $128,000 |
INDIVIDUAL GRANTS PURPOSE: FINANCIAL AID TO THOSE WITH BLEEDING DISORDERS AND OTHER CHRONIC ILLNESS | $11,310 |
INDIVIDUAL SUPPORTS PURPOSE: FINANCIAL AID TO THOSE WITH BLEEDING DISORDERS AND OTHER CHRONIC ILLNESS | $60,252 |
ALASKA HEMOPHILIA ASSOCIATION PURPOSE: SUPPORT ACTIVITIES THAT BENEFIT THE BLEEDING DISORDERS AND CHRONIC ILLNESS COMMUNITIES | $750 |
BLEEDING DISORDER FOUNDATION OF WASHINGTON PURPOSE: SUPPORT ACTIVITIES THAT BENEFIT THE BLEEDING DISORDERS AND CHRONIC ILLNESS COMMUNITIES | $1,000 |
ARIZONA BLEEDING DISORDERS PURPOSE: SUPPORT ACTIVITIES THAT BENEFIT THE BLEEDING DISORDERS AND CHRONIC ILLNESS COMMUNITIES | $4,524 |