Olean Association for the Blind

OLEAN, NY EIN: 16-6032444

Olean Association for the Blind is a private foundation, based in OLEAN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $524K in total assets. In 2024, it awarded 3 grants totaling $36K. Net investment income was $42K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$524K

+1.2% YoY

Annual Giving

$36K

-3.2% YoY

Grant Count

3

-40.0% YoY

Avg Grant Size

$12K

+61.3% YoY

Under IRS private-foundation payout rules, Olean Association for the Blind reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.

About Olean Association for the Blind

Based on IRS filings

Olean Association for the Blind is a private foundation, based in OLEAN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $524K in total assets. In 2024, it awarded 3 grants totaling $36K. Net investment income was $42K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BradfordCubaJamestownOleanWellsville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15K$31K$46K$61K20202021202220232024
Metric202420232022
Total Assets$523,523$517,514$525,351
Revenue$51,797$38,499$36,647
Expenses$45,788$46,336$32,512
Qualifying Distributions$37,321$38,578$24,138
Net Investment Income$41,872$23,710$27,625
Distributable Amount$40,632$37,499$38,467

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$23K$34K$46K10 grants20205 grants20213 grants20225 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

INTERFAITH CARE GIVERS$21KCBA VISION REHABILITATIO…$12KSPCA CATTARAUGUS COUNTY$4K

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Interfaith Care Givers ($20,641), Cba Vision Rehabilitation Services ($12,000), Spca Cattaraugus County ($3,500).

RecipientPurposeAmount
INTERFAITH CARE GIVERS OLEAN, NYGENERAL SUPPORT$20,641
SPCA CATTARAUGUS COUNTY OLEAN, NYGENERAL SUPPORT$3,500
CBA VISION REHABILITATION SERVICES JAMESTOWN, NYGENERAL SUPPORT$12,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
HON MICHAEL NENNOPresident2
RICH REILLYVice President2
CATHY KOEBELINDirector2
JUDY PATTONDirector2
BETSY PRICEDirector2
BRIAN MCALLISTERDirector2

Frequently Asked Questions

How large is Olean Association for the Blind?

As of 2024, Olean Association for the Blind holds $524K in total assets with $52K in annual revenue. It awarded 3 grants totaling $36K in 2024.

Where does Olean Association for the Blind operate?

Olean Association for the Blind has awarded grants in New York, Pennsylvania.

What size grants does Olean Association for the Blind award?

In 2024, Olean Association for the Blind awarded 3 grants totaling $36K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Olean Association for the Blind required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Olean Association for the Blind reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Olean Association for the Blind's EIN?

Olean Association for the Blind's EIN (Employer Identification Number) is 16-6032444. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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