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Colbert Foundation is a private corporation based in FLOWOOD, MS. The foundation received its IRS ruling in 1987. It holds total assets of $229K. Annual income is reported at $97K. The foundation is governed by 4 officers and trustees. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Mississippi. According to available records, Colbert Foundation has made 8 grants totaling $268K, with a median grant of $9K. Annual giving has decreased from $113K in 2020 to $50K in 2022. Individual grants have ranged from $100 to $100K, with an average award of $33K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Mississippi. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$13K
Average Grant
$38K
Largest Grant
$100K
Based on 3 grants from the most recent 990-PF filing.
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.
Colbert Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MS.
Colbert Foundation has distributed a total of $268K across 8 grants. The median grant size is $9K, with an average of $33K. Individual grants have ranged from $100 to $100K.
RECIPIENTS MUST BE EXEMPT UNDER SEC. 501(c)(3).
Colbert Foundation is headquartered in FLOWOOD, MS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ann B Colbert | SECRETARY | $0 | $0 | N/A |
| Thomas W Colbert Jr | VICE-PRESIDENT | $0 | $0 | N/A |
| Thomas W Colbert | PRESIDENT | $0 | $0 | N/A |
| Willard G Butler | DIRECTOR | $0 | $0 | N/A |
Total Giving
$134K
Total Assets
$198K
Fair Market Value
$90K
Net Worth
$198K
Grants Paid
$62K
Contributions
N/A
Net Investment Income
$34K
Distribution Amount
$6K
Total: $230
Total Grants
8
Total Giving
$268K
Average Grant
$33K
Median Grant
$9K
Unique Recipients
5
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lakeland Presbyterian ChurchRELIGIOUS | Flowood, MS | $50K | 2022 |
| University Of Mississippi FoundationCHARITABLE | Oxford, MS | $100K | 2021 |
| Gateway Rescue MissionCHARITABLE | Jackson, MS | $251 | 2021 |
| French Camp AcademyRELIGIOUS | French Camp, MS | $250 | 2021 |
| Forest Baptist ChurchRELIGIOUS | Forest, MS | $100 | 2020 |