Jacob & Rose Olum Foundation
Jacob & Rose Olum Foundation is a private foundation, based in VESTAL, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $224K in total assets. In 2024, it awarded 27 grants totaling $37K. Net investment income was $17K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$224K
-10.3% YoY
Annual Giving
$37K
+6.0% YoY
Grant Count
27
+0.0% YoY
Avg Grant Size
$1K
+6.0% YoY
Under IRS private-foundation payout rules, Jacob & Rose Olum Foundation reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
About Jacob & Rose Olum Foundation
Based on IRS filings
Jacob & Rose Olum Foundation is a private foundation, based in VESTAL, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $224K in total assets. In 2024, it awarded 27 grants totaling $37K. Net investment income was $17K.
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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 | 2022 |
|---|---|---|---|
| Total Assets | $224,183 | $249,815 | $231,678 |
| Revenue | $25,729 | $62,354 | $23,599 |
| Expenses | $51,361 | $44,217 | $41,111 |
| Qualifying Distributions | $41,646 | $37,656 | $34,372 |
| Net Investment Income | $17,152 | $53,198 | $17,031 |
| Distributable Amount | $45,505 | $38,911 | $37,784 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
137 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Community Center ($5,000), Jewish Federation of Broome County ($5,000), Temple Concord ($3,250).
| Recipient | Purpose | Amount |
|---|---|---|
| ASSOCIATION FOR VISION REHABILITATION & EMPLOYMENT BINGHAMTON, NY | GENERAL | $800 |
| BETH DAVID SYNAGOGUE BINGHAMTON, NY | GENERAL | $2,500 |
| BINGHAMTON BOYS & GIRLS CLUB BINGHAMTON, NY | GENERAL | $250 |
| BINGHAMTON PHILHARMONIC BINGHAMTON, NY | GENERAL | $200 |
| BINGHAMTON UNIVERSITY FOUNDATION BINGHAMTON, NY | GENERAL | $750 |
| BROOME COMMUNITY COLLEGE FOUNDATION BINGHAMTON, NY | GENERAL | $500 |
| CATHOLIC CHARITIES OF BROOME COUNTY BINGHAMTON, NY | GENERAL | $200 |
| CHOW BINGHAMTON, NY | GENERAL | $1,067 |
| COMMUNITY FOUNDATION OF SCNY BINGHAMTON, NY | GENERAL | $450 |
| DISCOVERY CENTER BINGHAMTON, NY | GENERAL | $350 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEBORAH BARER | TRUSTEE | 1 | — |
| JEFFREY LOEW | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Jacob & Rose Olum Foundation?
As of 2024, Jacob & Rose Olum Foundation holds $224K in total assets with $26K in annual revenue. It awarded 27 grants totaling $37K in 2024.
Where does Jacob & Rose Olum Foundation operate?
Jacob & Rose Olum Foundation has awarded grants in New York.
What size grants does Jacob & Rose Olum Foundation award?
In 2024, Jacob & Rose Olum Foundation awarded 27 grants totaling $37K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Jacob & Rose Olum Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jacob & Rose Olum Foundation reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jacob & Rose Olum Foundation's EIN?
Jacob & Rose Olum Foundation's EIN (Employer Identification Number) is 23-7034984. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jacob & Rose Olum Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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