Adesina-Olatoye Charitable Foundation
Adesina-Olatoye Charitable Foundation is a private foundation, based in Columbus, OH. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $472K in total assets. In 2024, it awarded 2 grants totaling $8K. Net investment income was $168.
Adesina-Olatoye Charitable Foundation at a glance
In short: Adesina-Olatoye Charitable Foundation gave $8K across 2 grants in 2024 (avg $4K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,500
- Grants made (2024)
- 2
- Average grant
- $3,750
- Median grant
- $3,750
- Total assets
- $472,053
- +4.4% vs 2023
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Adesina-Olatoye Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Central State University Foundation ($5K). Together the top 2 received $8K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Adesina-Olatoye Charitable Foundation gives
- In 2024 it paid out 237% 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
In 2024 it made 2 grants totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Central State University Foundation Dayton, OH | General Charitable Operations | $5,000 |
| African Community Association Kent, OH | General Charitable Operations | $2,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 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 reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Adesina-Olatoye Charitable Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 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, 2023–2024. "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
How much does Adesina-Olatoye Charitable Foundation give each year?
Adesina-Olatoye Charitable Foundation gave $8K across 2 grants in 2024, according to its 2024 IRS Form 990-PF.
How large is Adesina-Olatoye Charitable Foundation?
Adesina-Olatoye Charitable Foundation reported $472K in total assets on its 2024 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).
Where does Adesina-Olatoye Charitable Foundation operate?
Adesina-Olatoye Charitable Foundation has awarded grants in Ohio.
What is Adesina-Olatoye Charitable Foundation's EIN?
Adesina-Olatoye Charitable Foundation's EIN (Employer Identification Number) is 85-4401290. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
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