OLB Foundation Inc
OLB Foundation Inc is a private foundation based in Bryn Mawr, Pennsylvania. Its 2022 filing reports grants to charitable organizations, including a museum, schools, a university, a hospital foundation, and a documentary film organization. The most recent filing on record is for 2022, with nothing filed since; the foundation appears to have wound down or stopped grantmaking.
OLB Foundation Inc at a glance
In short: OLB Foundation Inc gave $16K across 10 grants in 2022 (avg $2K), top state Ohio. 90% of 2022 grantees were new. Source: 2022 IRS Form 990-PF.
- Annual giving (2022)
- $16,240
- -77.1% vs 2021
- Grants made (2022)
- 10
- -58.3% vs 2021
- Average grant
- $1,624
- -45.0% vs 2021
- Median grant
- $1,000
- Total assets
- $1,826,506
- -2.0% vs 2021
- New grantees (estimate)
- 90% first-time grantees (9 of 10, 2022; small sample)
- Primary geography
- Ohio (31% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to OLB Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. No application process or materials are provided.
- Contact
Mailing address: 925 West Lancaster Ave Ste 250, Bryn Mawr, PA 19010
Phone: (610) 788-2128
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who OLB Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2022
The largest 2022 recipient was Cincinnati Art Museum ($5K). Together the top 10 received $16K.
Grant Size Distribution
59 grants across all recorded years
The most common grant size was under $50K: 59 grants of 59 (100%).
Geographic Focus
Where this funder awards grants
The 2022 grants were distributed among recipients in Ohio (31% of grant dollars), Rhode Island (22%), Connecticut (22%), Maryland (12%), and New Jersey (6%). Listed recipients were also located in California and Pennsylvania.
Grant Distribution by State
Share of 2022 grant dollars across all 10 itemized grants.
States
Cities
Is OLB Foundation Inc open to new grantees?
90%
first-time grantees, 2022
In 2022, 9 of 10 grantees (90%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $2K; repeat grants $1K. How we count
Medians: $1K first-time, $1K repeat.
- 10% of 2022 grantees were also funded in 2021. Method
- In 2022 it paid out 25% 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 (2020–2022). 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 2020 to 2022, annual grant giving ranged from $16K (2022) to $135K (2020). In 2022 it made 10 grants totaling $16K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cincinnati Art Museum Cincinnati, OH | Philanthropy | $5,000 |
| Taft School Development Watertown, CT | Philanthropy | $3,000 |
| Newport Film Newport, RI | Philanthropy | $2,500 |
| Johns Hopkins University Baltimore, MD | Philanthropy | $2,000 |
| Newport Hospital Foundation Newport, RI | Philanthropy | $1,000 |
| The Lawrenceville School Lawrenceville, NJ | Philanthropy | $1,000 |
| Spark Larkspur-Corte Madera Schools Foundation Larkspur, CA | Philanthropy | $515 |
| Trinity College Hartford, CT | Philanthropy | $500 |
| Agnes Irwin School Bryn Mawr, PA | Philanthropy | $450 |
| The Cove School Corte Madera, CA | Philanthropy | $275 |
Ready to take the next step with OLB Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2022 | $1,826,506 | $209,221 | $50,188 | $16,240 | 10 | $22,640 | $238,346 | $89,417 |
| 2021 | $1,863,660 | $73,859 | $112,445 | $70,907 | 24 | $70,907 | $9,205 | $69,377 |
| 2020 | $2,118,577 | $112,438 | $186,939 | $134,500 | 25 | — | $48,590 | $76,280 |
Under IRS private-foundation payout rules, OLB Foundation Inc reported a distributable amount of $89K for 2022 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2022 grants went to organizations with varied activities. Newport Film says it presents documentaries that build community and propel change; Johns Hopkins University describes its work as education and research across multiple disciplines; Newport Hospital Foundation says it raises funds to support health care services for the southern Rhode Island community; and Trinity College describes its mission as providing a liberal arts education.
Grantmaking
In 2022, the foundation gave $16,240 through 10 grants. Grant amounts ranged from $275 to $5,000, with a median grant of $1,000.
The largest grants included $5,000 to Cincinnati Art Museum, $3,000 to Taft School Development, $2,500 to Newport Film, and $2,000 to Johns Hopkins University. Other listed grants included $1,000 to Newport Hospital Foundation and $1,000 to The Lawrenceville School.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2022 filing lists Brittain Damgard as president, Blakely C Page as vice president, and Merrill Page and Mary Brittain Cheatham as directors.
OLB Foundation Inc is led by Brittain Damgard, President on the 2022 filing; none of the 4 officers listed in 2022 report compensation.
Officers on the 2022 filing
Brittain Damgard
President
New on the 2022 filing
1 hr/week
No compensation reported
Mary Brittain Cheatham
Director
New on the 2022 filing
1 hr/week
No compensation reported
Merrill Page
Director
New on the 2022 filing
1 hr/week
No compensation reported
Blakely C. Page
Vice President
President → Vice President, 2022
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Brittain Bardes (2020–2021) — Vice President
Data from IRS Form 990 filings, 2020–2022. "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 OLB Foundation Inc
How much does OLB Foundation Inc give each year?
OLB Foundation Inc gave $16K across 10 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $71K across 24 grants.
What is OLB Foundation Inc's typical grant size?
OLB Foundation Inc's median grant in 2022 was $1,000, and its average grant was $1,624, across 10 grants on its 2022 IRS Form 990-PF. Organizations receiving their first grant from OLB Foundation Inc that year got $2K on average.
Where does OLB Foundation Inc give grants?
OLB Foundation Inc's top state is Ohio, with 31% of the grant dollars itemized on its 2022 IRS Form 990-PF. The next largest states were Rhode Island (22%) and Connecticut (22%). The most frequent recipient cities were Newport, RI (2 grants).
Does OLB Foundation Inc give general operating support?
Not in 2022: none of the 10 grants with a stated purpose on OLB Foundation Inc's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Philanthropy" (10 grants).
Who are OLB Foundation Inc's largest grantees?
OLB Foundation Inc's largest 2022 grantees include Cincinnati Art Museum ($5,000), Taft School Development ($3,000) and Newport Film ($2,500), according to its 2022 IRS Form 990-PF. Together they received 65% of its itemized 2022 grant dollars.
How large is OLB Foundation Inc?
OLB Foundation Inc reported $1.8M in total assets on its 2022 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $89K (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 OLB Foundation Inc fund?
No mission statement for the foundation is provided. Its 2022 grants went to organizations with varied activities. See mission & focus areas ↑
How do I apply for a grant from OLB Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is OLB Foundation Inc's EIN?
OLB Foundation Inc's EIN (Employer Identification Number) is 46-0501871. IRS Form 990 filing data is available on this page for 2020–2022.
Does OLB Foundation Inc 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 October 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 11, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- IRS filings on file for fiscal years 2020–2022
Live grants for the work OLB Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in OLB Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Pennsylvania
Boston Foundation Inc
Boston, MA
The Boston Foundation funds nonprofits and community initiatives focused on equity and opportunity, including child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer amounts such as $50,000; whether it accepts unsolicited requests is not stated.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
Bardes Fund
Cincinnati, OH
The Bardes Fund supports education, arts and theatre, conservation and preservation, religious organizations, and community funds. In 2024, grants ranged from $500 to $30,000, with a median of $5,000, and went to organizations in several states, especially Florida, Ohio, and Rhode Island. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$1.4M
Grants
29
Total Given
$210K
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Pittsburgh Foundation
Pittsburgh, PA
The Pittsburgh Foundation funds nonprofits working in basic needs, equity and social justice, environmental action, arts and culture, and economic mobility, with most opportunities for organizations in Allegheny County or primarily serving its residents. Its 2024 grants had a median amount of about $18,600, though awards varied widely. The profile does not state whether it accepts unsolicited requests.
Assets
$1.5B
Grants
1,132
Total Given
$64.0M
The William Penn Foundation
Philadelphia, PA
The William Penn Foundation funds arts and culture, children and families, civic participation, the environment and public spaces, and workforce training, primarily in the Philadelphia region. Its 2024 median grant was $50,000, though awards varied widely. It accepts unsolicited requests through limited open applications and invites letters of inquiry from public charities.
Assets
$3.4B
Grants
1,027
Total Given
$148.8M
Dick's Sporting Goods Foundation
Coraopolis, PA
DICK’S Sporting Goods Foundation primarily funds youth sports participation in under-resourced communities, including equipment, registration costs and facilities, and also supports outdoor access and education. Its 2025 grants ranged from $626 to $2.5 million, with a median of $5,000, and Sports Matter funding has reached all 50 states. Sports Matter opportunities are by invitation only; the foundation says 501(c)(3) grant requests should be submitted in writing.
Assets
$34.5M
Grants
964
Total Given
$18.0M
More similar funders
More Funders in Pennsylvania
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from OLB Foundation Inc'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.
OLB Foundation Inc down — hundreds of funders to go?