Adesina-Olatoye Charitable Foundation Inc
Adesina-Olatoye Charitable Foundation Inc is a private foundation, based in Columbus, OH. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $536K in total assets. In 2025, it awarded 5 grants totaling $49K. Net investment income was $14K.
Adesina-Olatoye Charitable Foundation Inc at a glance
In short: Adesina-Olatoye Charitable Foundation Inc gave $49K across 5 grants in 2025 (avg $10K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $49,000
- +553.3% vs 2024
- Grants made (2025)
- 5
- +150.0% vs 2024
- Average grant
- $9,800
- +161.3% vs 2024
- Median grant
- $5,000
- Total assets
- $535,692
- +13.5% vs 2024
- Primary geography
- Minnesota (61% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated November 2026.
Who Adesina-Olatoye Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was African Christian Fellowhip ($30K). Together the top 5 received $49K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How Adesina-Olatoye Charitable Foundation Inc gives
- In 2025 it paid out 225% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $8K (2024) to $49K (2025). In 2025 it made 5 grants totaling $49K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| African Christian Fellowhip St. Paul, MN | General Charitable Operations | $30,000 |
| Central State University Foundation Dayton, OH | General Charitable Operations | $10,000 |
| Otterbein University Westerville, OH | General Charitable Operations | $5,000 |
| African Community Association Kent, OH | General Charitable Operations | $2,000 |
| Nigerian Community of Greater Cleveland Cleveland, OH | General Charitable Operations | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $535,692 | $114,006 | $50,367 | $49,000 | 5 | $50,367 | $14,006 | $22,361 |
| 2024 | $472,053 | $73,480 | $53,631 | $7,500 | 2 | $50,743 | $168 | $21,434 |
| 2023 | $452,204 | — | — | — | — | — | — | $22,231 |
Under IRS private-foundation payout rules, Adesina-Olatoye Charitable Foundation Inc reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Adesina-Olatoye Charitable Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Adefunke B. Olatoye
Director
On filings since 2023
No compensation reported
Oyewole T. Olatoye
Director
On filings since 2023
No compensation reported
Oyebisi Olatoye
Secretary
On filings since 2023
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Adesina-Olatoye Charitable Foundation Inc
How much does Adesina-Olatoye Charitable Foundation Inc give each year?
Adesina-Olatoye Charitable Foundation Inc gave $49K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 2 grants.
What is Adesina-Olatoye Charitable Foundation Inc's typical grant size?
Adesina-Olatoye Charitable Foundation Inc's median grant in 2025 was $5,000, and its average grant was $9,800, across 5 grants on its 2025 IRS Form 990-PF.
Where does Adesina-Olatoye Charitable Foundation Inc give grants?
Adesina-Olatoye Charitable Foundation Inc gives mostly in Minnesota: 61% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Ohio (39%).
Does Adesina-Olatoye Charitable Foundation Inc give general operating support?
Yes: 100% of Adesina-Olatoye Charitable Foundation Inc's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Adesina-Olatoye Charitable Foundation Inc's largest grantees?
Adesina-Olatoye Charitable Foundation Inc's largest 2025 grantees include African Christian Fellowhip ($30,000), Central State University Foundation ($10,000) and Otterbein University ($5,000), according to its 2025 IRS Form 990-PF. Together they received 92% of its itemized 2025 grant dollars.
How large is Adesina-Olatoye Charitable Foundation Inc?
Adesina-Olatoye Charitable Foundation Inc reported $536K in total assets on its 2025 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets).
What is Adesina-Olatoye Charitable Foundation Inc's EIN?
Adesina-Olatoye Charitable Foundation Inc's EIN (Employer Identification Number) is 85-4401290. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated November 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS September 16, 2026)
- IRS filings on file for fiscal years 2023–2024
Live grants for the work Adesina-Olatoye Charitable Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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