Olayan Charitable Trust
Olayan Charitable Trust is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $157K in total assets. In 2024, it awarded 1 grant totaling $2.2M. Net investment income was $102K.
Key facts about Olayan Charitable Trust
In short: Olayan Charitable Trust gave $2.2M across 1 grant in 2024 (avg $2.2M), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 13-7031747
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,162,310
- Grants made (2024)
- 1
- Average grant
- $2,162,310
- Median grant
- $2,162,310
- Total assets
- $157,155
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$157K
-93.0% YoY
Annual Giving
$2.2M
+599.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.2M
+599.9% YoY
Under IRS private-foundation payout rules, Olayan Charitable Trust reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.
How Olayan Charitable Trust gives
- Giving grew 150% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $309K (2023) to $2.2M (2022). In 2024 it made 1 grant totaling $2.2M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Attachment 5 ($2.2M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 3 grants of 5 (60%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Attachment 5 Attachment, NY | Attachment 5 | $2,162,310 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $157,155 | $2,239,253 | $2,405,865 |
| Revenue | $101,918 | $134,739 | $48,675 |
| Expenses | $2,183,723 | $335,266 | $2,235,139 |
| Qualifying Distributions | $2,162,310 | $308,924 | $2,212,476 |
| Net Investment Income | $101,918 | $134,739 | $48,675 |
| Distributable Amount | $77,985 | $104,158 | $139,150 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Olayan Charitable Trust's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Hutham S. Olayan
Trustee
On filings since 2020
No compensation reported
John R. Knight
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Olayan Charitable Trust
How much does Olayan Charitable Trust give each year?
Olayan Charitable Trust gave $2.2M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $309K across 1 grant.
How large is Olayan Charitable Trust?
Olayan Charitable Trust reported $157K in total assets on its 2024 IRS Form 990-PF. It paid out $2.2M in qualifying distributions that year, against a required minimum of $78K (roughly 5% of its investment assets).
Where does Olayan Charitable Trust operate?
Olayan Charitable Trust has awarded grants in New York.
What is Olayan Charitable Trust's EIN?
Olayan Charitable Trust's EIN (Employer Identification Number) is 13-7031747. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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