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Deo B Colburn Education Foundation is a private corporation based in LAKE PLACID, NY. The foundation received its IRS ruling in 1987. The principal officer is M Doran. It holds total assets of $7.8M. Annual income is reported at $2.1M. Total assets have grown from $4.6M in 2011 to $7.9M in 2022. The foundation is governed by 4 officers and trustees. Scholarship aid to 336 students for their attendance at colleges, universities and technical schools. Tax records are available from 2020 to 2023. Grantmaking is concentrated in New York. According to available records, Deo B Colburn Education Foundation has made 2 grants totaling $511K, with a median grant of $256K. Individual grants have ranged from $13K to $499K, with an average award of $256K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$122K
Largest Grant
$360K
Based on 3 grants from the most recent 990-PF filing.
Scholarship aid to 337 students for their attendance at colleges, universities and technical schools.
Expenses: $417K
Scholarship aid to 336 students for their attendance at colleges, universities and technical schools. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NY.
Deo B Colburn Education Foundation has distributed a total of $511K across 2 grants. The median grant size is $256K, with an average of $256K. Individual grants have ranged from $13K to $499K.
The application deadline is APRIL 15. Scholarship aid for attendance at colleges, universities and technical schools. Residents of the school districtes of ausable valley, crown point, elizabeththown-lewis, indian lake, keene, lake placid, long lake, minerva, moriah, newcomb, saranac, saranac lake, schroon lake, st. Regis falls, ticonderoga, tupper lake, westport and willsboro in northern new york only.
Deo B Colburn Education Foundation is headquartered in LAKE PLACID, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margaret E Doran | TREASURER | $500 | $0 | $500 |
| Craig Randall | PRESIDENT | $500 | $0 | $500 |
| Kelly Conway | VICE PRESIDE | $400 | $0 | $400 |
| Stephen Reed | SECRETARY | $400 | $0 | $400 |
Total Giving
$604K
Total Assets
$7.9M
Fair Market Value
$9.6M
Net Worth
$7.9M
Grants Paid
$494K
Contributions
$100
Net Investment Income
$640K
Distribution Amount
$538K
Total: $7.3M
Total Grants
2
Total Giving
$511K
Average Grant
$256K
Median Grant
$256K
Unique Recipients
2
Most Common Grant
$499K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scholarship Aid To 330 StudentsFURTHER HIGHER EDUCATION | Various, NY | $499K | 2022 |
| Scholarship Aid Reissued 6 StudentsFURTHER HIGHER EDUCATION | Various, NY | $13K | 2022 |