Adesina-olatoye Charitable Foundation
Adesina-olatoye Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$472K
+4.4% YoY
Annual Giving
$8K
Grant Count
2
Avg Grant Size
$4K
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.
About Adesina-olatoye Charitable Foundation
Based on IRS filings
Adesina-olatoye Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $472,053 | $452,204 |
| Revenue | $73,480 | — |
| Expenses | $53,631 | — |
| Qualifying Distributions | $50,743 | — |
| Net Investment Income | $168 | — |
| Distributable Amount | $21,434 | $22,231 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Central State University Foundation ($5,000), African Community Association ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL STATE UNIVERSITY FOUNDATION DAYTON, OH | GENERAL CHARITABLE OPERATIONS | $5,000 |
| AFRICAN COMMUNITY ASSOCIATION KENT, OH | GENERAL CHARITABLE OPERATIONS | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OYEWOLE T OLATOYE | DIRECTOR | — | — |
| ADEFUNKE B OLATOYE | DIRECTOR | — | — |
| OYEBISI OLATOYE | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Adesina-olatoye Charitable Foundation?
Adesina-olatoye Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLUMBUS, OH. It holds $472K in total assets as of 2024.
How large is Adesina-olatoye Charitable Foundation?
As of 2024, Adesina-olatoye Charitable Foundation holds $472K in total assets with $73K in annual revenue. It awarded 2 grants totaling $8K in 2024.
Where does Adesina-olatoye Charitable Foundation operate?
Adesina-olatoye Charitable Foundation has awarded grants in Ohio.
What size grants does Adesina-olatoye Charitable Foundation award?
In 2024, Adesina-olatoye Charitable Foundation awarded 2 grants totaling $8K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Adesina-olatoye Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Adesina-olatoye Charitable Foundation reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.