PROVIDENCE, RI

Collis Foundation

Quick Facts

EIN: 061472006
Location: PROVIDENCE, RI
Category: Philanthropy & Grantmaking
Total Assets: $86.7M
Annual Income: $41.1M
IRS Ruling Year: 1997
Organization Type: Corporation
Tax Deductibility: Contributions are deductible

About This Foundation

Collis Foundation is a private corporation based in PROVIDENCE, RI. The foundation received its IRS ruling in 1997. It holds total assets of $86.7M. Annual income is reported at $41.1M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

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Financial Overview

Total Giving

$2.4M

2023-6%

Total Assets

$70.8M

2023+42%

Fair Market Value

$74.1M

2023

Net Worth

$70.8M

2023

Grants Paid

$2M

2023

Contributions

$21M

2023

Net Investment Income

$5.3M

2023

Distribution Amount

$2.5M

2023

Total Giving by Year

$355K

$313K

$198K

$759K

$652K

$1.5M

$1.7M

$1.6M

$2.6M

$2.4M

Asset Growth

$7.1M

$8.2M

$11.3M

$11M

$16.6M

$32.6M

$38.3M

$46.3M

$49.8M

$70.8M

Investment Portfolio (2023)

Total: $0

Other Investments: $62.6M

Cash: $8.2M

Other Investments (88%)

Cash (12%)

Expense Breakdown (2023)

Grants Paid$2M

Accounting Fees$14K

Travel & Conferences$2K

Revenue Sources (2023)

Contributions: $21M
Capital Gains (Net): $3.1M
Other Income: $1.4M
Dividends: $1.1M

Financial Details (2023)

Total Revenue: $26.7M
Total Expenses: $2.4M
Exempt Purpose Expenses: $2M
Required Distribution: $2.5M
Undistributed Income: $2.5M
Total Liabilities: $1
Excise Tax: $73K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$2M

Average Grant

$107K

Median Grant

$50K

Grant Range

Min$8K

Max$530K

Median: $50K

Smallest grantLargest grant

Geographic Distribution of Grants

NY: $530K (1)

MA: $50K (2)

RI: $723K (11)

NC: $250K (1)

FL: $485K (4)

RI$723K (11)

NY$530K (1)

FL$485K (4)

NC$250K (1)

MA$50K (2)

Past Grantees

Recipient	Location	Amount	Year
Pencils Of PromiseCHARITABLE PURPOSE	New York, NY	$530K	2023
San Miguel Education CtrGENERAL OPERATING SUPPORT	Providence, RI	$280K	2023
Benjamin Private School IncSUPPORT FOR THE SCHOOL	North Palm Beach, FL	$275K	2023
Wake Forest UniversityGENERAL OPERATING SUPPORT	Winston Salem, NC	$250K	2023
Amos HouseGENERAL OPERATING SUPPORT	Providence, RI	$100K	2023
Crossroads Rhode IslandGENERAL OPERATING SUPPORT	Providence, RI	$100K	2023
Palm Beach County Food Bank IncGENERAL OPERATING SUPPORT	Lake Worth Beach, FL	$100K	2023
Rhode Island Community Food Bank AssociationGENERAL OPERATING SUPPORT	Providence, RI	$100K	2023
The Lord'S Place IncGENERAL OPERATING SUPPORT	West Palm Beach, FL	$100K	2023
Bryant UniversityGENERAL OPERATING SUPPORT	Smithfield, RI	$50K	2023
Rhode Islanders Sponsoring Education (Rise)GENERAL OPERATING SUPPORT	Providence, RI	$30K	2023
Ymca Cape Cod IncGENERAL OPERATING SUPPORT	Hyannis, MA	$25K	2023
Squashbusters IncGENERAL OPERATING SUPPORT	Boston, MA	$25K	2023
Moses Brown SchoolGENERAL OPERATING SUPPORT; MB BELIEVES CAMPAIGN	Providence, RI	$20K	2023
Gordon SchoolSUPPORT FOR SCHOLARSHIPS	East Providence, RI	$15K	2023
Salvation Army Palm Beach CountyGENERAL OPERATING SUPPORT	West Palm Beach, FL	$10K	2023
Flower Power FndGENERAL OPERATING SUPPORT	Barrington, RI	$10K	2023
Lincoln SchoolSUPPORT FOR THE SCHOOL	Providence, RI	$10K	2023
BlithewoldGENERAL CHARITABLE PURPOSES	Bristol, RI	$8K	2023