Olds Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARKADELPHIA, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.7M in total assets. In 2024, it awarded 15 grants totaling $360K. Net investment income was $755K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.7M
+1.3% YoY
Annual Giving
$360K
-3.9% YoY
Grant Count
15
-6.3% YoY
Avg Grant Size
$24K
+2.5% YoY
Under IRS private-foundation payout rules, Olds Foundation Inc reported a distributable amount of $575K for 2024 — the minimum it must pay out in qualifying distributions.
About Olds Foundation Inc
Based on IRS filings
Olds Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARKADELPHIA, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.7M in total assets. In 2024, it awarded 15 grants totaling $360K. Net investment income was $755K.
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 | 2022 |
|---|---|---|---|
| Total Assets | $18,749,296 | $18,512,897 | $17,818,509 |
| Revenue | $1,040,159 | $1,393,173 | $858,907 |
| Expenses | $803,711 | $698,742 | $774,229 |
| Qualifying Distributions | $484,852 | $465,388 | $447,400 |
| Net Investment Income | $755,300 | $1,253,049 | $642,370 |
| Distributable Amount | $575,277 | $467,302 | $467,174 |
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
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Caddo Career Consortium ($109,500), Scholarships to Individuals for Undergaduate College Study ($69,500), Centerpoint Youth Sports Assoc ($45,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARKANSAS ADVOCATES FOR CHILDREN LITTLE ROCK, AR | SOUP SUNDAY | $2,000 |
| BAPTIST HEALTH FOUNDATION LITTLE ROCK, AR | WHEELCHAIR GRANT | $29,000 |
| CADDO CAREER CONSORTIUM AMITY, AR | FFA PHASE 2 PROJECT/BATHROOM FACILITY | $109,500 |
| CENTERPOINT FFA AMITY, AR | PIE AUCTION | $2,500 |
| CENTERPOINT SCHOOL DISTRICT AMITY, AR | BACKPACK PROGRAM | $26,500 |
| CENTERPOINT YOUTH SPORTS ASSOC AMITY, AR | AMITY GYM IMPROVEMENTS/BATHROOM AND CONCESSIONS IMPROVEMENTS | $45,000 |
| CITY OF AMITY AMITY, AR | VOLUNTEER FIRE DEPT | $500 |
| CITY OF AMITY AMITY, AR | ANGEL TREE | $6,000 |
| CENTERPOINT SCHOOL DISTRICT BAND BOOSTERS AMITY, AR | BAND UNIFORMS | $30,000 |
| ALPINE RURAL FIRE DEPARTMENT ALPINE, AR | USED FIRE TRUCK | $13,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREGERY B AUD | TRUSTEE AND MANAGER | 20 | $99,844 |
| MICHAEL E AUD | TRUSTEE | 1 | $43,651 |
| HARRY C ERWIN III | TRUSTEE | 1 | $6,000 |
| BLAKE WHITLEY | TRUSTEE | 1 | $6,000 |
| KENT THOMAS | TRUSTEE | 1 | $6,000 |
| GARRY B JOHNS | TRUSTEE | 1 | $6,000 |
| CARRIE AUD | TRUSTEE | 1 | $15,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Olds Foundation Inc?
Olds Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARKADELPHIA, AR. It holds $18.7M in total assets as of 2024.
How large is Olds Foundation Inc?
As of 2024, Olds Foundation Inc holds $18.7M in total assets with $1.0M in annual revenue. It awarded 15 grants totaling $360K in 2024.
Where does Olds Foundation Inc operate?
Olds Foundation Inc has awarded grants in Arkansas.
What size grants does Olds Foundation Inc award?
In 2024, Olds Foundation Inc awarded 15 grants totaling $360K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is Olds Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Olds Foundation Inc reported a distributable amount of $575K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Olds Foundation Inc's EIN?
Olds Foundation Inc's EIN (Employer Identification Number) is 71-0747091. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Olds Foundation Inc'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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