The North Carolina State Capitol in Raleigh behind a flowering crape myrtle

Form 990-PFTax year 2024EIN 56-6047503

Colonial Foundation Inc

A private foundation in Salisbury, NC. Its return for tax year 2024 lists 2 grants and $2,000 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
John Lipe
228 Sudley Circle
Salisbury, NC 28144
(704) 633-8248
n/a
Form and materials
Verbal requests
Deadlines
End of year
Restrictions
No restrictions

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $2,000

    Grants listed
    2
    Assets, end of year
    $66,703
  • Tax year 2023

    $2,300

    Grants listed
    3
    Assets, end of year
    $63,469
  • Tax year 2022

    $3,300

    Grants listed
    3
    Assets, end of year
    $63,316
  • Tax year 2021

    $3,300

    Grants listed
    3
    Assets, end of year
    $62,387
  • Tax year 2020

    $3,300

    Grants listed
    3
    Assets, end of year
    $56,746
  • Tax year 2019

    $4,200

    Grants listed
    4
    Assets, end of year
    $57,524

Grants paid in 2024

2 grants, largest first

As listed on the return.

  1. Trininty Lutheran ChurchLandis, NC

    Assist with operating expenses

    $1,500
  2. Salisbury AcademySalisbury, NC

    Assist with operating expenses

    $500

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. North Carolina2 grants $2,000

Officers, directors and trustees

1 person as filed

As filed on the return, with average hours per week and pay from the foundation.

  • John LipeDIRECTOR Hours 0Pay $0

The return

More foundations

Other foundations in North Carolina

  1. Blueoceanvets IncChapel Hill, NC 1 grant Preselected only $2,000 giving
  2. Holbrook Family FoundationGreensboro, NC 2 grants Preselected only $2,000 giving
  3. The Montagnard Project IncHuntersville, NC 1 grant Preselected only $2,000 giving
  4. The Peele Platform IncAurora, NC 1 grant Not stated $2,000 giving
  5. Lillian & Bud Cothran Memorial Scholarship FundRosman, NC 1 grant Accepts applications $2,000 giving