Olean Foundation Inc
WESTERLY, RI EIN: 22-2496957
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.0M
+10.3% YoY
Annual Giving
$54K
+14.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$54K
+14.8% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,000,868 | $907,722 | $858,328 |
| Revenue | $36,972 | $53,363 | $125,358 |
| Expenses | $67,857 | $60,221 | $43,189 |
| Qualifying Distributions | $56,292 | $49,192 | $30,477 |
| Net Investment Income | $25,407 | $42,379 | $112,646 |
| Distributable Amount | $47,113 | $42,789 | $45,075 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Olean Foundation Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRUCE OLEAN | PRESIDENT | 2 | — |
| RALPH ABRUZZESE | VICE PRESIDE | 2 | — |
| MARGARET STEELE | DIRECTOR | 2 | — |
| RBOERT HOFFMAN | TREASURER | 2 | — |
| RAYMOND WALSH | FINANCE DIRE | 2 | — |
| JOAN GRADILONE | DIRECTOR | 2 | — |
| RUTH TURECKOVA | EXECUTIVE DI | 2 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Rhode Island $212K (97%)
Connecticut $6K (3%)
States
Cities
WaterfordWesterly
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Olean Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry