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THE ALAN AND LI COLBERG FAMILY FOUNDATION
NEW YORK, NY · EIN 921404658 · Form 990PF · FY2025 · NTEE T20 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$675K
expenses
$55K
net assets
$5.1M
employees
—
profile · synthesized from sources

The Alan and Li Colberg Family Foundation is a private foundation based in New York that makes grants to support education, medical research, and the arts. The foundation funds scholarships, unrestricted initiatives, and specific programs such as cancer research and musical artist development. Its giving spans universities, nonprofit organizations, and charitable funds.

named programs · 4 · from sources

What they call their work

Cancer Research Funding
Supports research initiatives at Penn State Hershey Cancer Institute through multi-year grants.
Scholarship Support
Provides financial aid to students at Baruch College through targeted scholarship grants.
Unrestricted Giving
Provides flexible funding to organizations like the National Ability Center to support broad programmatic needs.
Young Concert Artists Sponsorship
Underwrites pianist development and performance opportunities through grants to Young Concert Artists.
activities · 5 groups

What they do

  • Donor-Advised Fund Grantmaking 1 activity
    • Funding Fidelity Charitable Giving Account via irrevocable contribution
      Made an irrevocable contribution to Fidelity Charitable Giving Account, enabling future grant distributions through a donor-advised fund structure. This activity is documented in the IRS-990 filing.
  • Artist Support Grants 1 activity
    • Funding a pianist through Young Concert Artists
      Supports individual artists by funding a pianist via Young Concert Artists, a program that promotes emerging musical talent. This grantmaking activity is documented in the IRS-990 filing.
  • Cancer Research Funding 1 activity
    • Funding research at Penn State Hershey Cancer Institute
      Funds cancer research initiatives at Penn State Hershey Cancer Institute. This grantmaking activity is documented in multiple entries across the organization's IRS-990 filings.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding scholarships at Baruch College
      Provides financial support for scholarships at Baruch College through grantmaking. This activity is reported in the organization's IRS-990 filings.
  • General Operating Support Grants 1 activity
    • Making unrestricted contributions to the National Ability Center
      Provides unrestricted financial support to the National Ability Center, an organization serving individuals with disabilities through outdoor and therapeutic programs. This grantmaking activity is reported in the IRS-990 filing.
financials · form 990PF · fy2025
revenue
Total revenue$675K
Contributions & grants$250K37%
Program service revenue——
Investment income$135K20%
Other revenue$289K
expenses
Total expenses$55K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$155K
balance sheet
Total assets$5.10M
Cash—
Investments—
Liabilities—
Net assets$5.10M
4 years on record · 2022–2025 · YoY revenue -81.5%
leadership · form 990 part vii · fy2025

Who runs it

board members · 2
  • ALAN B COLBERG — TRUSTEE
  • LI HAO COLBERG — TRUSTEE
relationships · 5

Who they work with

  • BARUCH COLLEGE Partner — Receives funding for scholarships.
  • FIDELITY CHARITABLE GIVING ACCOUNT Partner — Recipient of an irrevocable contribution for charitable giving.
  • NATIONAL ABILITY CENTER Partner — Receives unrestricted funding.
  • THE PENNSYLVANIA STATE UNIVERSITY Partner — Receives funding for cancer research at the Hershey Cancer Institute.
  • YOUNG CONCERT ARTISTS Partner — Receives sponsorship to support a pianist.