Stanton And Colombo Family Foundation
- Assets
- $886.7k
- Revenue
- $92.2k
- Investments
- $795.3k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 10/2010
- Data as of
- 12/2022
- EIN
- 27-3311232
Organization Overview
Stanton And Colombo Family Foundation is located in Wilmington, DE. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Stanton And Colombo Family 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, Stanton And Colombo Family Foundation generated $92.2k 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 (6.5%) each year. All expenses for the organization totaled $91.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stanton And Colombo Family Foundation has awarded 57 individual grants totaling $857,000. 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 |
|---|---|---|---|
Adam Colombo Trustee | 0 | $0 | |
Amy Colombo Trustee | 0 | $0 | |
Francesca Colombo Trustee | 0 | $0 | |
Janice Stanton Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,000 |
| Interest on Savings | $109 |
| Dividends & Interest | $26,196 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,575 |
| Capital Gain Net Income | $25,575 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $271 |
| Total Revenue | $92,151 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,374 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,876 |
| Total operating and administrative expenses | $8,863 |
| Contributions, gifts, grants paid | $82,500 |
| Total expenses and disbursements | $91,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $91,361 |
| 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 | $886,664 |
| 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, Stanton And Colombo Family Foundation has awarded $82,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
DAVIDSON COLLEGE PURPOSE: DAVIDSON ACADEMIC ACCESS AND DISABILITY SERVICES FUND | $10,000 |
GEN-ONE INC PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
SOLVE MECFS INITIATIVE INC PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
NOVA SOUTHEASTERN UNIVERSITY INC PURPOSE: DR. KLIMAS ME/CFS TRANSLATIONAL RESEARCH FUND | $5,000 |
TRUSTEES OF COLUMBIA UNIVERSITY DEPARTMENT OF PED PURPOSE: NK CELL RESEARCH AND THE NEAR PROGRAM | $5,000 |
STANFORD UNIVERSITY GRADUATE SCHOOL OF BUSINESS PURPOSE: STANTON COLOMBO FAMILY FELLOWSHIP FUND | $10,000 |