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Colava Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2019. It holds total assets of $871K. Annual income is reported at $29K. Total assets have grown from $471K in 2019 to $764K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2019 to 2023. According to available records, Colava Foundation has made 8 grants totaling $92K, with a median grant of $9K. The foundation has distributed between $18K and $54K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $54K distributed across 2 grants. Individual grants have ranged from $1K to $27K, with an average award of $12K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New York and California and Illinois. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Colava Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY, CA, IL.
Colava Foundation has distributed a total of $92K across 8 grants. The median grant size is $9K, with an average of $12K. Individual grants have ranged from $1K to $27K.
Submit evidence of registration as a U.S. 501(c)(3) organization in good standing or have a fiscal sponsorBe less than three years old OR have an annual operating budget less than $150,000Have primary mission and programs located and operating in Chicago and/or the Midwest (IL, IN, IA, KS, MI, MN, MO, OH, WI)Be currently in positive financial standing. An application form is available on the foundation's website.
Colava Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Conrad Barski | Vice President | $0 | $0 | N/A |
| Lauren Barski | President | $0 | $0 | N/A |
| Pamela Hancock | Director | $0 | $0 | N/A |
Total Giving
$21K
Total Assets
$764K
Fair Market Value
N/A
Net Worth
$764K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$36K
Total: $763K
Total Grants
8
Total Giving
$92K
Average Grant
$12K
Median Grant
$9K
Unique Recipients
6
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MuttvilleTo continue the mission of the Colava Foundation | San Francisco, CA | $10K | 2023 |
| GivewellTo continue the mission of the Colava Foundation | New York, NY | $7K | 2023 |
| Made MuseumTo continue the mission of the Colava Foundation | Oakland, CA | $3K | 2023 |
| GivingwellTo continue the mission of the Colava Foundation | New York, NY | $27K | 2022 |
| Zig FoundationTo continue the mission of the Colava Foundation | New York, NY | $10K | 2021 |
| The Talking FarmTo continue the mission of the Colava Foundation | Skokie, IL | $1K | 2021 |