Olean Foundation Inc | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Olean Foundation Inc. Data shown is extracted from Form 990-PF filings.
EIN: 22-2496957
Foundation Overview
Based in Westerly, RI, Olean Foundation Inc has awarded 15 grants totaling $502,612 to organizations in Rhode Island and Connecticut. Individual grants range from $1,000 to $67,729, with a median award of $30,328.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
1 total grant. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
93% of all grants are concentrated in Rhode Island, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Rhode Island, funding concentrates in Westerly (100%).
Funding Trajectory
Declining funding trend with 20% decrease over 8 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.
Program Areas
Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Olean Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Frank Olean Center Inc | $53,950 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2024 |
| Frank Olean Center Inc | $46,990 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2023 |
| Frank Olean Center Inc | $46,990 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2023 |
| Frank Olean Center Inc | $28,400 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2022 |
| Frank Olean Center Inc | $28,400 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2022 |
| Frank Olean Center Inc | $28,400 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2022 |
| Frank Olean Center Inc | $35,840 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2021 |
| Warm Shelter Inc | $1,000 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2021 |
| Community Vocational Services | $5,500 | Waterford, CT, US | Consumer Needs, Activities, Programs | 2021 |
| Frank Olean Center Inc | $44,367 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2020 |
| Keep Ryder Riding | $1,000 | Westerly, RI, US | Lift Van | 2020 |
| Frank Olean Center Inc & Comm Voc | $30,328 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2019 |
| Frank Olean Center Inc & Comm Voc | $22,386 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2018 |
| Frank Olean Center Inc & Comm Voc | $61,332 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2017 |
| Frank Olean Center Inc & Comm Voc | $67,729 | Westerly, RI, US | Consumer Needs, Activities, Programs | 2016 |
Foundations Similar to Olean Foundation Inc
Discover 5 foundations with comparable assets ($995,296-$1,193,117), similar grant patterns, and geographic focus in RI that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Ralph Currier Stuart Trust
EIN: 22-2940495 | 7 grants awarded |
$995,296
(≈ Similar) |
$54,448
median grant |
Johnston, RI
Same state |
|
|
The Rev Joseph Mcgarry Memorial
EIN: 45-5627488 | 12 grants awarded |
$1,023,455
(≈ Similar) |
$60,000
median grant |
Westerly, RI
Same state |
|
|
Robert B Cranston
EIN: 05-6008897 | 33 grants awarded |
$1,115,304
(≈ Similar) |
$40,000
median grant |
Newport, RI
Same state |
|
|
Trustee Of Schneider Family Trust
EIN: 34-7164402 | 6 grants awarded |
$1,127,389
(≈ Similar) |
$53,617.5
median grant |
Johnston, RI
Same state |
|
|
Dorothy Burney Richards Trust
EIN: 05-0436837 | 1 grants awarded |
$1,193,117
(≈ Similar) |
$28,000
median grant |
Jamestown, RI
Same state |
|
Related Foundation Resources in RI:
Contact Information
Official contact details for Olean Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 22-2496957 |
| Website | N/A |
| Address | 93 AIRPORT RD Westerly, RI 02891-3420 |
Key People (7)
Board members, trustees, and key staff who oversee Olean Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Bruce Olean |
|---|---|
| Vice Preside | Ralph Abruzzese |
| Director | Margaret Steele |
| Treasurer | Rboert Hoffman |
| Finance Dire | Raymond Walsh |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Olean Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.