Olean Foundation Inc
Preselected recipients only
Olean Foundation Inc is a private foundation in Westerly, Rhode Island. In tax year 2025 it gave $52,460 in 1 grant; the typical grant was $52,460 and the largest $52,460. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$52,460
- Number of grants1
- Typical grant$52,460
- Largest grant$52,460
- Assets$1.0 million
- New grantees0%
Giving in 2025 was down from $53,950 the year before.
0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $46,990 | 1 | $907,723 |
| 2024 | $53,950 | 1 | $1.0 million |
| 2025 | $52,460 | 1 | $1.0 million |
How to apply
Olean Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
All of its grants went to recipients in Rhode Island.
| State | Grants | Amount |
|---|---|---|
| Rhode Island | 1 | $52,460 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Frank Olean Center Inc | Consumer needs, activities, programs | $52,460 |
Officers and trustees
- Bruce Olean
- Ralph Abruzzese
- Margaret Steele
- Robert Hoffman
- Raymond Walsh
- Joan Gradilone
- Ruth Tureckova
Questions people ask
Does Olean Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Olean Foundation Inc give?
$52,460 in tax year 2025, across 1 grant, with a typical grant of $52,460.
Who runs Olean Foundation Inc?
Its 2025 filing lists Bruce Olean (President), Ralph Abruzzese (Vice Preside), Margaret Steele (Director) and Robert Hoffman (Treasurer) among 7 officers and trustees.