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Richard E Olivieri Family Foundation Inc. is a private corporation based in VIRGINIA BCH, VA. The foundation received its IRS ruling in 1985. It holds total assets of $338K. Annual income is reported at $119K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Virginia. According to available records, Richard E Olivieri Family Foundation Inc. has made 36 grants totaling $144K, with a median grant of $500. Annual giving has grown from $14K in 2021 to $130K in 2022. Individual grants have ranged from $100 to $50K, with an average award of $4K. The foundation has supported 20 unique organizations. Grants have been distributed to organizations in Virginia and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$500
Average Grant
$1K
Largest Grant
$5K
Based on 16 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.
Richard E Olivieri Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in VA, MD.
Richard E Olivieri Family Foundation Inc. has distributed a total of $144K across 36 grants. The median grant size is $500, with an average of $4K. Individual grants have ranged from $100 to $50K.
Richard E Olivieri Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Richard E Olivieri Family Foundation Inc. is headquartered in VIRGINIA BCH, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael V Olivieri | OFFICER | $0 | $0 | N/A |
Total Giving
$38K
Total Assets
$333K
Fair Market Value
$303K
Net Worth
$333K
Grants Paid
$37K
Contributions
$35K
Net Investment Income
$17K
Distribution Amount
$14K
Total: $313K
Total Grants
36
Total Giving
$144K
Average Grant
$4K
Median Grant
$500
Unique Recipients
20
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United WayGENERAL | Norfolk, VA | $1K | 2021 |
| Cape Henry CollegiateEDUCATION | Virginia Beach, VA | $50K | 2022 |
| Chesapeake Wine Classic FoundationEDUCATION | Virginia Beach, VA | $8K | 2022 |
| Jt WalkGENERAL | Virginia Beach, VA | $3K | 2022 |
| Vb Home NowGENERAL | Virginia Beach, VA | $2K | 2022 |
| Tidewater Builders AssociationEDUCATIONAL | Chesapeake, VA | $1K | 2022 |
| Lift Fitness FoundationFITNESS | Virginia Beach, VA | $500 | 2022 |
| VbrcGENERAL | Burkeville, VA | $250 | 2022 |
| WhroGENERAL | Norfolk, VA | $250 | 2022 |
| Sugar Plum BakeryGENERAL | Virginia Beach, VA | $250 | 2022 |
| Cancer Care Foundation Of TidewaterMEDICAL | Norfolk, VA | $250 | 2022 |
| Hampton Roads Community FoundationGENERAL | Norfolk, VA | $3K | 2021 |
| Evms FoundationMEDICAL | Norfolk, VA | $1K | 2021 |
| LnckdMEDICAL | Virginia Beach, VA | $1K | 2021 |
| EdmarcMEDICAL | Portsmouth, VA | $500 | 2021 |
| Meals On WheelsGENERAL | Virginia Beach, VA | $500 | 2021 |
| Ashley Treatment CenterMEDICAL | Havre De Grace, MD | $500 | 2021 |
| Foodbank Of Southeastern VaGENERAL | Norfolk, VA | $250 | 2021 |
| Seton HouseGENERAL | Virginia Beach, VA | $250 | 2021 |
| Tcc Educational FoundationEDUCATIONAL | Norfolk, VA | $100 | 2021 |