Jacob & Rose Olum Foundation
The Jacob & Rose Olum Foundation is a private foundation located in Vestal, New York. Its 2025 filing lists 27 grants totaling $39,426, all to recipients in New York. Listed grantees include Jewish organizations, community institutions, and other local organizations.
Jacob & Rose Olum Foundation at a glance
In short: Jacob & Rose Olum Foundation gave $39K across 27 grants in 2025 (avg $1K), mostly in New York. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $39,426
- +7.8% vs 2024
- Grants made (2025)
- 27
- +0.0% vs 2024
- Average grant
- $1,460
- +7.8% vs 2024
- Median grant
- $750
- Total assets
- $346,753
- +54.7% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 27, 2025)
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Jacob & Rose Olum Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 450 Plaza Drive, Vestal, NY 13850
Phone: (607) 763-9200
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Jacob & Rose Olum Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Jewish Community Center ($7K). Together the top 10 received $31K.
Grant Size Distribution
135 grants across all recorded years
The most common grant size was under $50K: 135 grants of 135 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars in the 2025 filing went to recipients in New York. The listed 2025 grants include organizations in Vestal and Binghamton.
Grant Distribution by State
Share of 2025 grant dollars across all 27 itemized grants.
States
Cities
Is Jacob & Rose Olum Foundation open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 27 grantees (0%) were first-time recipients. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving grew 28% from 2022 to 2025. Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $21K (2021) to $39K (2025). In 2025 it made 27 grants totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Community Center Vestal, NY | General | $6,500 |
| Jewish Federation of Broome County Vestal, NY | General | $6,500 |
| Beth David Synagogue Binghamton, NY | General | $3,250 |
| Temple Concord Binghamton, NY | General | $3,250 |
| Temple Israel Vestal, NY | General | $3,250 |
| Friends of Kilmer Mansion Binghamton, NY | General | $2,000 |
| The Rohr Chabad Center for Jewish Student Life at Bing Univ Vestal, NY | General | $2,000 |
| United Way of Broome County Binghamton, NY | General | $2,000 |
| Jewish Community Center - College of Jewish Studies Vestal, NY | General | $1,250 |
| Chow Binghamton, NY | General | $1,176 |
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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 | $346,753 | $174,077 | $51,507 | $39,426 | 27 | $43,562 | $166,132 | $45,185 |
| 2024 | $224,183 | $25,729 | $51,361 | $36,567 | 27 | $41,646 | $17,152 | $45,505 |
| 2023 | $249,815 | $62,354 | $44,217 | $34,500 | 27 | $37,656 | $53,198 | $38,911 |
| 2022 | $231,678 | $23,599 | $41,111 | $30,900 | 27 | $34,372 | $17,031 | $37,784 |
| 2021 | $249,190 | $33,891 | $30,326 | $20,550 | 27 | $23,862 | $27,427 | $40,716 |
| 2020 | $247,406 | $8,469 | $29,573 | $21,300 | 29 | — | $3,132 | $32,710 |
| 2019 | $266,729 | $28,086 | $30,329 | $21,050 | 28 | — | $23,298 | $28,858 |
Under IRS private-foundation payout rules, Jacob & Rose Olum Foundation reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants include support for organizations whose missions span Jewish community life, social services, and community needs. For example, Jewish Federation of Broome County describes its mission as improving the quality of Jewish life in the Southern Tier and promoting Jewish identity and welfare. United Way of Broome County says it works to address critical community needs by leveraging partner resources, while Jewish Family Service describes providing social services, direct aid, referrals, and advocacy.
Grantmaking
In 2025, the foundation made 27 grants totaling $39,426. Grants ranged from $100 to $6,500, with a median grant of $750. The largest listed grants were $6,500 each to Jewish Community Center in Vestal and Jewish Federation of Broome County in Vestal. Other notable 2025 grants included $3,250 each to Beth David Synagogue, Temple Concord, and Temple Israel; and $2,000 each to Friends of Kilmer Mansion, The Rohr Chabad Center for Jewish Student Life at Binghamton University, and United Way of Broome County.
In 2024, listed grants included $5,000 to Jewish Community Center in Rochester, $5,000 to Jewish Federation of Broome County, and $2,000 to United Way of Broome County.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Deborah Barer and Jeffrey Loew as trustees.
Jacob & Rose Olum Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Deborah Barer
Trustee
On filings since 2019
1 hr/week
No compensation reported
Jeffrey Loew
Trustee
On filings since 2019
1 hr/week
No compensation reported
Former officers (1)
- Former: Joyce Olum Galaski (2019–2020) — Trustee
Data from IRS Form 990 filings, 2019–2025. "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 Jacob & Rose Olum Foundation
How much does Jacob & Rose Olum Foundation give each year?
Jacob & Rose Olum Foundation gave $39K across 27 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $37K across 27 grants.
What is Jacob & Rose Olum Foundation's typical grant size?
Jacob & Rose Olum Foundation's median grant in 2025 was $750, and its average grant was $1,460, across 27 grants on its 2025 IRS Form 990-PF.
Where does Jacob & Rose Olum Foundation give grants?
Jacob & Rose Olum Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Binghamton, NY (18 grants) and Vestal, NY (8 grants).
Does Jacob & Rose Olum Foundation give general operating support?
Yes: 100% of Jacob & Rose Olum Foundation's 2025 grants with a stated purpose (27 of 27) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Jacob & Rose Olum Foundation's largest grantees?
Jacob & Rose Olum Foundation's largest 2025 grantees include Jewish Community Center ($6,500), Jewish Federation of Broome County ($6,500) and Beth David Synagogue ($3,250), according to its 2025 IRS Form 990-PF. Together they received 41% of its itemized 2025 grant dollars.
How large is Jacob & Rose Olum Foundation?
Jacob & Rose Olum Foundation reported $347K in total assets on its 2025 IRS Form 990-PF. It paid out $44K in qualifying distributions that year, against a required minimum of $45K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Jacob & Rose Olum Foundation fund?
No mission statement for the foundation is provided. Its grants include support for organizations whose missions span Jewish community life, social services, and community needs. See mission & focus areas ↑
How do I apply for a grant from Jacob & Rose Olum Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Does Jacob & Rose Olum Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Jacob & Rose Olum Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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