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Olean Foundation is a private corporation based in WESTERLY, RI. The foundation received its IRS ruling in 1984. It holds total assets of $1M. Annual income is reported at $147K. TO PROVIDE FUNDS TO PROVIDERS OF HABILITATION AND REHABILITATION SERVICES SO THAT THEY CAN OPTIMALLY MEET THE NEEDS OF PERSONS WITH PHYSICAL, EMOTIONAL, MENTAL, SOCIAL, AND/OR VOCATIONAL DISABILITIES. According to available records, Olean Foundation has made 3 grants totaling $104K, with a median grant of $28K. The foundation has distributed between $47K and $57K annually from 2022 to 2023. Individual grants have ranged from $28K to $47K, with an average award of $35K. Grant recipients are concentrated in Rhode Island. Contributions to this foundation are tax-deductible.
TO PROVIDE FUNDS TO PROVIDERS OF HABILITATION AND REHABILITATION SERVICES SO THAT THEY CAN OPTIMALLY MEET THE NEEDS OF PERSONS WITH PHYSICAL, EMOTIONAL, MENTAL, SOCIAL, AND/OR VOCATIONAL DISABILITIES.
Expenses: $42K
TO PROVIDE FUNDS TO PROVIDERS OF HABILITATION AND REHABILITATION SERVICES SO THAT THEY CAN OPTIMALLY MEET THE NEEDS OF PERSONS WITH PHYSICAL, EMOTIONAL, MENTAL, SOCIAL, AND/OR VOCATIONAL DISABILITIES. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in RI.
Olean Foundation has distributed a total of $104K across 3 grants. The median grant size is $28K, with an average of $35K. Individual grants have ranged from $28K to $47K.
Olean Foundation typically selects its grantees rather than accepting unsolicited proposals.
Olean Foundation is headquartered in WESTERLY, RI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ruth Tureckova | EXECUTIVE DI | $0 | $0 | $0 |
| Bruce Olean | PRESIDENT | $0 | $0 | $0 |
| Raymond Walsh | FINANCE DIRE | $0 | $0 | $0 |
| Bob Hoffman | TREASURER | $0 | $0 | $0 |
| Margaret Steele | DIRECTOR | $0 | $0 | $0 |
Total Giving
$60K
Total Assets
$908K
Fair Market Value
$908K
Net Worth
$908K
Grants Paid
$47K
Contributions
$0
Net Investment Income
$42K
Distribution Amount
$43K
Total: $905K
Total Grants
3
Total Giving
$104K
Average Grant
$35K
Median Grant
$28K
Unique Recipients
1
Most Common Grant
$28K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Frank Olean Center IncCONSUMER NEEDS, ACTIVITIES, PROGRAMS | Westerly, RI | $47K | 2023 |
TEWKSBURY, MA
EDWARDSVILLE, IL
LAS VEGAS, NV
PALM BEACH, FL
| Ralph Abruzzese |
| VICE PRES. |
| $0 |
| $0 |
| $0 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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