The Columbia Foundation
- Assets
- $791.2k
- Revenue
- $91.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Chevy Chase, MD
- Founding
- 12/1996
- Data as of
- 09/2023
- EIN
- 31-1481809
Organization Overview
The Columbia Foundation is located in Chevy Chase, MD. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbia Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PHILANTHROPIC PURPOSES INCLUDING SUPPORT OF WASHINGTON DC CHARITIES AND SUPPORT OF CLUB EMPLOYEES WITH EDUCATIONAL AND NEEDS-BASED FINANCIAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY IMPACT FUND (CIF) A COLUMBIA FOUNDATION PROGRAM DESIGNED TO AWARD GRANTS TO LOCAL COMMUNITY NON-PROFITS OFFERING NEEDS-BASED SERVICES IN FOCUS AREAS CHOSEN WITH THE INPUT FROM COLUMBIA COUNTRY CLUB MEMBERS. THE FOUNDATION ALSO ORGANIZED VOLUNTEER DONATION CAMPAIGNS TO SUPPORT ITS CIF GRANTEES. ONE EXAMPLE INVOLVES OBTAINING DONATIONS TO PURCHASE SCHOOL SUPPLIES AND BACKPACKS FOR 120 STUDENTS AT DON BOSCO (AS WELL AS 55 STUDENTS AT THE WASHINGTON SCHOOL FOR GIRLS).
EMPLOYEE ASSISTANCE FUND (EAF) A COLUMBIA FOUNDATION PROGRAM DESIGNED TO PROVIDE EDUCATIONAL ASSISTANCE AND SUPPORTING CLUB EMPLOYEES FACING SEVERE FINANCIAL HARDSHIP, INCLUDING OVERWHELMING MEDICAL EXPENSES, HOME OR APARTMENT INSTABILITY, EDUCATIONAL EXPENSES, FOOD INSECURITY, LOSS OF UTILITIES OR OTHER CATASTROPHIC SITUATIONS.
FIRST TEE HONORARY SCHOLARSHIP PROGRAM: A NEEDS-BASED HONORARY SCHOLARSHIP PROGRAM PROVIDES ACCESS TO CLUB FACILITIES, PROVIDING AN OPPORTUNITY FOR PARTICIPANTS TO BENEFIT FROM MENTORSHIP BY CLUB MEMBERS AND TO DEVELOP THEIR NETWORKING AND SOCIALIZING SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Cantrel Jr President | OfficerTrustee | 15 | $0 |
Sue Guzman Vice President | OfficerTrustee | 10 | $0 |
Anthony Washington Treasurer | OfficerTrustee | 2 | $0 |
Jennifer Vermillion Secretary | OfficerTrustee | 3 | $0 |
Mark Belles Director | Trustee | 2 | $0 |
Yogini Patel Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $67,007 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,007 |
| Total Program Service Revenue | $0 |
| Investment income | $23,669 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $747 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $91,423 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $73,000 |
| Grants and other assistance to domestic individuals. | $17,052 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,264 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,676 |
| Office expenses | $4,102 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $802 |
| All other expenses | $729 |
| Total functional expenses | $134,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,353 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $769,843 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $791,196 |
| Accounts payable and accrued expenses | $3,102 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,102 |
| Net assets without donor restrictions | $788,094 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $791,196 |
Grants Awarded
Over the last fiscal year, The Columbia Foundation has awarded $68,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
DON BOSCO CRISTO REY HS PURPOSE: SUPPORT PROGRAM SERVICES | $20,000 |
JEWISH COUNCIL FOR THE AGING PURPOSE: SUPPORT PROGRAM SERVICES | $20,000 |
ST ANN'S CENTER FOR CHILDREN PURPOSE: SUPPORT PROGRAM SERVICES | $20,000 |
COLUMBIA COUNTRY CLUB PURPOSE: SCHOLARSHIP PROGRAM FOR FIRST TEE-GREATER WASH DC STUDENTS | $8,000 |