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Olive Rice Reierson Foundation is a private corporation based in RAPID CITY, SD. The foundation received its IRS ruling in 1987. The principal officer is Trust Tax Dept Mac P6540 144. It holds total assets of $1.1M. Annual income is reported at $234K. The foundation is governed by 2 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Montana. According to available records, Olive Rice Reierson Foundation has made 64 grants totaling $291K, with a median grant of $4K. Annual giving has grown from $47K in 2020 to $158K in 2022. Individual grants have ranged from $500 to $26K, with an average award of $5K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in Montana, Missouri, South Dakota, which account for 80% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$4K
Largest Grant
$5K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Olive Rice Reierson Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 64 grants. Its grantmaking reaches organizations primarily in MT, MO, SD.
Olive Rice Reierson Foundation has distributed a total of $291K across 64 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $500 to $26K.
The application deadline is APRIL 1ST. Medical services in powell county and education assistance of powell c.
Olive Rice Reierson Foundation is headquartered in RAPID CITY, SD. While based in SD, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank Na | Trustee | $23K | $0 | $23K |
| First Trust Company Llc | Trustee | $2K | $0 | $2K |
Total Giving
$118K
Total Assets
$1.3M
Fair Market Value
$1.6M
Net Worth
$1.3M
Grants Paid
$79K
Contributions
N/A
Net Investment Income
$43K
Distribution Amount
$81K
Total: $308K
Total Grants
64
Total Giving
$291K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
33
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Powell County Medical FoundationGENERAL SUPPORT | Deer Lodge, MO | $24K | 2022 |
| Riley Henderson Co University OfSCHOLARSHIP | Dillon, MT | $5K | 2022 |
| Jessica Pauley Co Montana State UniversSCHOLARSHIP | Bozeman, MT | $5K | 2022 |
| Alyssa Lamb Co Montana TechnicalSCHOLARSHIP | Butte, MT | $5K | 2022 |
| Jordan Smith Co Montana State UniversitSCHOLARSHIP | Bozeman, MT | $5K | 2022 |
| Logan Smith Co Northwest CollegeSCHOLARSHIP | Powell, WY | $5K | 2022 |
| Wyatt Smith Co Montana State UniversitySCHOLARSHIP | Havre, MT | $4K | 2022 |
| Bennett Logan Co Montana State UniSCHOLARSHIP | Bozeman, MT | $4K | 2022 |
| Sydney Phillips Co Montana TechnicalSCHOLARSHIP | Butte, MT | $4K | 2022 |
| Madison Jarrell Co University Of MontanSCHOLARSHIP | Missoula, MT | $4K | 2022 |
| Eden Butler Co Utah State UniversitySCHOLARSHIP | Logan, UT | $3K | 2022 |
| Abigail Jones Co Pima Medical InstituteSCHOLARSHIP | Dillion, MT | $3K | 2022 |
| Emily Mullen Co Montana State UniversitSCHOLARSHIP | Bozeman, MT | $3K | 2022 |
| Macy Williams Co Montana State UniversiSCHOLARSHIP | Bozeman, MT | $3K | 2022 |
| Aidan Thompson Co South Dakota SchoolSCHOLARSHIP | Rapid City, SD | $1K | 2022 |
| Natalie Spring Co Washington StateSCHOLARSHIP | Pullman, WA | $1K | 2022 |
| Abby Spears Co Brigham Young UniversitySCHOLARSHIP | Provo, UT | $500 | 2022 |
| Ariel Clark Co University Of MontanaSCHOLARSHIP | Missoula, MT | $5K | 2021 |
| Kaitlyn Logan Co Montana StateSCHOLARSHIP | Bozeman, MT | $5K | 2021 |
| Jessica Pauley Co Butler CommunitySCHOLARSHIP | El Dorado, KS | $5K | 2021 |
| Matteson Smith Co Montana TechnicalSCHOLARSHIP | Butte, MT | $5K | 2021 |
| Margaret Thompson Co South DakotaSCHOLARSHIP | Rapid City, SD | $5K | 2021 |
| Jordan Smith Co Montana StateSCHOLARSHIP | Bozeman, MT | $4K | 2021 |
| Logan Smith Co Miles Community CollegeSCHOLARSHIP | Miles City, MT | $3K | 2021 |
| Charles Graveley Co Montana StateSCHOLARSHIP | Havre, MT | $3K | 2021 |
| Bennett Logan Co Montana StateSCHOLARSHIP | Bozeman, MT | $3K | 2021 |
| Madison Jarrell Co University OfSCHOLARSHIP | Missoula, MT | $3K | 2021 |
| Wyatt Smith Co Montana StateSCHOLARSHIP | Havre, MT | $3K | 2021 |
| Jessie Graveley Co Aveda InstituteSCHOLARSHIP | Tempe, AZ | $2K | 2021 |