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Ogunsola Foundation Inc. is a private corporation based in PASADENA, MD. The foundation received its IRS ruling in 2017. The principal officer is Adeyemi Ogunsola. It holds total assets of $3.8M. Annual income is reported at $101K. Total assets have grown from $206K in 2019 to $3.8M in 2024. The foundation is governed by 2 officers and trustees. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Kwara State Nigeria and Maryland USA. According to available records, Ogunsola Foundation Inc. has made 8 grants totaling $261K, with a median grant of $23K. Annual giving has decreased from $90K in 2020 to $3K in 2023. Individual grants have ranged from $200 to $90K, with an average award of $33K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
## Approach & Strategy
The Albert & Victoria Ogunsola Foundation is a Nigerian-American operating foundation based in Pasadena, Maryland, led by Adeyemi Ogunsola (President) and Haddijatou Ogunsola (Treasurer/Secretary). Named in honor of Albert and Victoria Ogunsola — the founders' parents — the foundation primarily conducts direct charitable programs in Kwara State, Nigeria (specifically Ifelodun Local Government Area, Babanloma community).
Transnational Operating Model: Unlike traditional US grantmaking foundations, this organization raises funds in the US and deploys them through direct programs in Nigeria. Key programs include: - Scholarship Program — Financial aid and academic resources for students in Nigeria - Widow Support Network — Emotional and financial assistance to widows - Orphan Care Initiative — Nurturing environment and educational opportunities for orphans - Women's Empowerment Workshops — Skills training and entrepreneurship support - Youth Mentorship Program — Guidance for young individuals - Annual November Empowerment Event — 12th annual Prof. Albert and Mrs. Victoria Ogunsola Foundation Empowerment (most recently held November 2025 in Babanloma, Kwara State)
Albert and Victoria Primary School: The foundation operates or supports a primary school in Nigeria, indicating a direct educational infrastructure investment.
US vs. Nigeria Giving: The foundation appears to primarily use "grants" as direct program disbursements to Nigerian beneficiaries and community programs, not as grants to established US nonprofits. This explains the unique financial pattern (large operating contributions, minimal formal grants on 990-PF).
Website Confirmed: ogunsolafoundation.org is the correct foundation website (WordPress/Divi-based).
## Funding Patterns
Annual Contributions Received: - FY2024: $101,200 - FY2023: $140,000 - FY2022: $80,000 - FY2021: $75,000 - FY2020: $60,080
Program Expenditures (reported as grants/charitable activities): - FY2024: $2,650 (formal 990-PF grants) - FY2023: $2,950 - FY2022: $243,577 (peak — likely direct Nigeria program costs) - FY2021: $81,043 - FY2020: $89,705
Asset Trajectory: - FY2020: $0 - FY2022: $6,982 - FY2023: $2,766,468 — major jump (large donation event) - FY2024: $3,772,155 — continued growth
Key Observation: The sudden jump from $7K to $2.77M in assets between FY2022 and FY2023 suggests a major estate, insurance, or property-related windfall. The foundation is now sitting on a substantial endowment relative to its historical operating scale.
One 990-PF Grant in Recent Years: $37,950 single grant reported in the most recent available filing — suggesting the foundation uses most funds for direct operating programs rather than grants to other organizations.
## Peer Comparison
| Organization | Assets | Annual Giving | Model | Nigeria Focus |
|---|---|---|---|---|
| Albert & Victoria Ogunsola Foundation (MD) | $3.77M | $2.65K formal grants | Operating programs (Nigeria) | Primary |
| African Community Foundation | Smaller | $100–500K | Grants to African-serving orgs | Varies |
| Olusegun Agagu Foundation (Nigeria-linked US org) | Varies | Varies | Operating | Yes |
| US-Nigeria diaspora community foundation (avg) | $0.5–3M | $50–200K | Mixed | Yes |
Note: This foundation's peer set is transnational diaspora operating foundations, not typical US private foundations.
## Recent Activity
12th Annual November 2025 Empowerment Event: The foundation held its 12th annual empowerment event in Babanloma, Ifelodun LGA, Kwara State — indicating sustained long-term community programming in Nigeria since ~2013.
Asset Surge: From $7K to $3.77M in two years — a dramatic endowment increase. The foundation has substantial resources to potentially expand programming significantly.
Maryland Operations: Despite its primary focus in Nigeria, the foundation maintains an active Maryland presence at 8055 Ritchie Hwy, Pasadena, and conducts fundraising and donor cultivation in the US.
School Operations: Albert and Victoria Primary School remains operational, signaling sustained infrastructure investment in Kwara State.
Program Diversification: Growing from widow empowerment and scholarships to include women's entrepreneurship training, youth mentorship, and community outreach projects.
## Application Tips
This foundation primarily funds direct programs in Nigeria, not US nonprofit grants. US-based nonprofits are unlikely to receive support unless they serve Nigerian diaspora communities or conduct Nigeria-focused programming.
For organizations potentially aligned:
1. Nigerian-American diaspora organizations in Maryland — Organizations serving the Nigerian or West African diaspora in the Baltimore/Annapolis area may have alignment with this foundation's community.
2. Education organizations focused on Nigeria or West Africa — Scholarship programs, educational materials, or curriculum support for Nigerian communities.
3. Women's empowerment organizations with Nigeria connections — Organizations providing skills training, widow support, or microenterprise development in West Africa.
How to apply: > Write a letter stating in detail the need for financial assistance. > Deadline: December 31 for the following year. > Contact: Adeyemi Ogunsola > Phone: (888) 829-0084 > Address: 8055 Ritchie Hwy, Pasadena, MD 21122 > Website: ogunsolafoundation.org
Grant size expectations: Most programmatic spending is in the $2,000–$40,000 range. US-facing grants appear minimal; most resources flow to direct Nigeria operations.
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Providing financial assistance to students and families in need of shelter food and care
Expenses: $90K
## Funding Patterns Annual Contributions Received: - FY2024: $101,200 - FY2023: $140,000 - FY2022: $80,000 - FY2021: $75,000 - FY2020: $60,080.
Ogunsola Foundation Inc. has distributed a total of $261K across 8 grants. The median grant size is $23K, with an average of $33K. Individual grants have ranged from $200 to $90K.
## Approach & Strategy The Albert & Victoria Ogunsola Foundation is a Nigerian-American operating foundation based in Pasadena, Maryland, led by Adeyemi Ogunsola (President) and Haddijatou Ogunsola (Treasurer/Secretary). Named in honor of Albert and Victoria Ogunsola — the founders' parents — the foundation primarily conducts direct charitable programs in Kwara State, Nigeria (specifically Ifelodun Local Government Area, Babanloma community).
Ogunsola Foundation Inc. is headquartered in PASADENA, MD. The foundation primarily funds organizations in Kwara State Nigeria, Maryland USA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Adeyemi Ogunsola | PRESIDENT | $0 | $0 | N/A |
| Haddijatou Ogunsola | TREASURER SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.8M
Fair Market Value
N/A
Net Worth
$354K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$261K
Average Grant
$33K
Median Grant
$23K
Unique Recipients
5
Most Common Grant
$44K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ayodele AnimashaunFINANCIAL ASSISTANCE TO STUDENTS | Bowie, MD | $2K | 2023 |
| Oluchi ElekwachiFINANCIAL ASSISTANCE TO STUDENTS | Silver Spring, MD | $500 | 2023 |
| Mr AdesoyeFINANCIAL ASSISTANCE TO STUDENTS | Beltsville, MD | $250 | 2023 |
| Edna MbahFINANCIAL ASSISTANCE TO STUDENTS | Upper Marlboro, MD | $200 | 2023 |
| Assistance For Gambia High School CFOR EDUCATION AND FINANCIAL ASSISTANCE | Banjul | $44K | 2022 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD