Olga Sipolin Children's Fund
The Olga Sipolin Children's Fund is a private foundation based in Dallas, Texas. Established in 1998, it supports charitable organizations serving traditionally underserved children, with preference for work addressing basic needs such as housing, clothing, food, and medical care.
Olga Sipolin Children's Fund at a glance
In short: Olga Sipolin Children's Fund gave $53K across 12 grants in 2026 (avg $4K), mostly in Connecticut. 50% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $53,000
- -7.0% vs 2025
- Grants made (2026)
- 12
- +9.1% vs 2025
- Average grant
- $4,417
- -14.8% vs 2025
- Median grant
- $4,750
- Total assets
- $1,297,404
- +8.9% vs 2025
- New grantees (estimate)
- 50% first-time grantees (6 of 12, 2026; small sample)
- Primary geography
- Connecticut (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Olga Sipolin Children's Fund
- How to Apply
-
The foundation’s 2025 filing says it does not restrict giving to preselected organizations. Grant guidelines and applications are available on the website listed in that filing. The filing states that there are no restrictions on awards.
- Review Cycle
- November 1.
- Deadline
- November 1.
- Contact
Application contact: Amy Lynch Bank Of America
Mailing address: 101 E River Dr, East Hartford, CT 06108
Phone: (860) 244-4870
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Olga Sipolin Children's Fund
Who Olga Sipolin Children's Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2026
The largest 2026 recipient was My Sister's Place Inc ($5K). Together the top 10 received $47K.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 50 grants of 50 (100%).
Geographic Focus
Where this funder awards grants
The fund is based in Dallas, Texas. All grant dollars listed for filing year 2026 went to recipients in Connecticut.
Grant Distribution by State
Share of 2026 grant dollars across all 12 itemized grants.
States
Cities
Is Olga Sipolin Children's Fund open to new grantees?
50%
first-time grantees, 2026
In 2026, 6 of 12 grantees (50%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $4K; repeat grants $5K. How we count
Medians: $4K first-time, $5K repeat.
- 17% of 2026 grantees were also funded in 2025. Method
- Giving grew 51% from 2023 to 2026. Method
- In 2026 it paid out 95% 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 (2020–2026). 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 2026, annual grant giving ranged from $35K (2023) to $57K (2025). In 2026 it made 12 grants totaling $53K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| My Sister's Place Inc Hartford, CT | Unrestricted General | $5,000 |
| Cornell Scott Hill Health Corp New Haven, CT | Unrestricted General | $5,000 |
| Network Against Domestic Abuse Enfield, CT | Unrestricted General | $5,000 |
| Kids in Crisis Cos Cob, CT | Unrestricted General | $5,000 |
| Hall Neighborhood House Inc Bridgeport, CT | Unrestricted General | $5,000 |
| Klingberg Family Centers Inc New Britain, CT | Unrestricted General | $5,000 |
| The Center for Family Justice Bridgeport, CT | Unrestricted General | $4,500 |
| Covenant to Care Inc Hartford, CT | Unrestricted General | $4,000 |
| End Hunger Connecticut Inc East Hartford, CT | Unrestricted General | $4,000 |
| Susan B Anthony Project Inc Torrington, CT | Unrestricted General | $4,000 |
Ready to take the next step with Olga Sipolin Children's Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,297,404 | $153,728 | $80,018 | $53,000 | 12 | $64,447 | $139,892 | $67,609 |
| 2025 | $1,191,746 | $105,384 | $81,528 | $57,000 | 11 | $67,907 | $91,115 | $68,600 |
| 2024 | $1,162,826 | $37,356 | $67,342 | $45,000 | 10 | $55,152 | $22,061 | $58,198 |
| 2023 | $1,190,114 | $-34,510 | $61,286 | $35,000 | 7 | $45,002 | $10,649 | $57,374 |
| 2022 | $1,284,264 | $227,774 | $77,508 | $50,000 | 10 | $60,833 | $212,694 | $65,791 |
| 2021 | $1,226,769 | $141,541 | $68,086 | $45,700 | 13 | — | $126,842 | $56,605 |
| 2020 | $1,075,620 | $47,286 | $64,352 | $43,000 | 9 | — | $37,305 | $55,976 |
Under IRS private-foundation payout rules, Olga Sipolin Children's Fund reported a distributable amount of $68K for 2026 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The fund’s stated mission is to provide for the basic needs of underserved children. It gives preference to charitable organizations that directly affect children’s social welfare through housing, clothing, food, and medical care.
The 2026 grantees’ own descriptions show a range of services. For example, Network Against Domestic Abuse described providing counseling, shelter, and emergency care for victims of domestic abuse. Cornell Scott-Hill Health Corporation described providing accessible health care, including medical, behavioral health, dental, and prevention services. Kids in Crisis described providing prevention, counseling, and crisis services for children and families. End Hunger Connecticut described work to address hunger through outreach, education, and advocacy.
Grantmaking
In filing year 2026, the fund awarded 12 grants totaling $53,000. Grants ranged from $3,000 to $5,000, with a median of $4,750. All listed grants were for unrestricted general purposes.
Recipients included My Sister’s Place Inc. and Cornell Scott-Hill Health Corporation, each receiving $5,000; Network Against Domestic Abuse Inc., Kids in Crisis Inc., Hall Neighborhood House Inc., and Klingberg Family Centers Inc., each receiving $5,000; The Center for Family Justice Inc., which received $4,500; and End Hunger Connecticut Inc., which received $4,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2026 filing lists Bank of America as trustee and Michael Carrier as co-trustee.
Olga Sipolin Children's Fund's 2026 filing lists 2 officers; all 2 officers listed in 2026 are compensated.
Officers on the 2026 filing
Michael Carrier
Co-Trustee
On filings since 2020
3 hrs/week
$7K (2020) → $7K (2026)
Bank Of America
Trustee
On filings since 2022
1 hr/week
$13K (2022) → $12K (2026)
Former officers (1)
- Former: Bank Of America N A (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $12K, to Bank of America (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Olga Sipolin Children's Fund
How much does Olga Sipolin Children's Fund give each year?
Olga Sipolin Children's Fund gave $53K across 12 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $57K across 11 grants.
What is Olga Sipolin Children's Fund's typical grant size?
Olga Sipolin Children's Fund's median grant in 2026 was $4,750, and its average grant was $4,417, across 12 grants on its 2026 IRS Form 990-PF. Organizations receiving their first grant from Olga Sipolin Children's Fund that year got $4K on average.
Where does Olga Sipolin Children's Fund give grants?
Olga Sipolin Children's Fund gives mostly in Connecticut: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bridgeport, CT (2 grants) and Hartford, CT (2 grants).
Does Olga Sipolin Children's Fund give general operating support?
Yes: 100% of Olga Sipolin Children's Fund's 2026 grants with a stated purpose (12 of 12) were for general or operating support, per its 2026 IRS Form 990-PF.
Who are Olga Sipolin Children's Fund's largest grantees?
Olga Sipolin Children's Fund's largest 2026 grantees include My Sister's Place Inc ($5,000), Cornell Scott Hill Health Corp ($5,000) and Network Against Domestic Abuse ($5,000), according to its 2026 IRS Form 990-PF. Together they received 28% of its itemized 2026 grant dollars.
How large is Olga Sipolin Children's Fund?
Olga Sipolin Children's Fund reported $1.3M in total assets on its 2026 IRS Form 990-PF. It paid out $64K in qualifying distributions that year, against a required minimum of $68K (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 Olga Sipolin Children's Fund fund?
The fund’s stated mission is to provide for the basic needs of underserved children. It gives preference to charitable organizations that directly affect children’s social welfare through housing, clothing, food, and medical care. See mission & focus areas ↑
How do I apply for a grant from Olga Sipolin Children's Fund?
The foundation’s 2025 filing says it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Olga Sipolin Children's Fund's EIN?
Olga Sipolin Children's Fund's EIN (Employer Identification Number) is 06-1542290. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 28, 2025)
- Updated Form 990-PF for fiscal year 2026 (received by the IRS May 28, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 23, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 24, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 31, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 31, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 25, 2024)
Explore Open Grants
Browse active grant opportunities in Olga Sipolin Children's Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Liberty Bank Foundation Inc
Middletown, CT
Liberty Bank Foundation funds education, workforce readiness, small-business support, affordable housing, and food security, primarily in communities served by Liberty Bank, especially Connecticut and Greater Springfield, Massachusetts. In 2025, grants ranged from $1,000 to $200,000, with a median of $10,000; its Local Impact Grants typically provide $2,500–$5,000. The foundation’s filing says it funds preselected organizations and does not accept unsolicited requests.
Assets
$46.8M
Grants
144
Total Given
$2.3M
American Savings Foundation Inc
New Britain, CT
The foundation funds education, human services, and arts and culture, especially programs serving children, youth, and families, with a primary focus on New Britain and Waterbury and grants across 64 Connecticut towns. In 2025, its grants ranged from $238 to $150,000, with a median of $1,750; it also offers Community Grants of up to $5,000.
Assets
$107.0M
Grants
613
Total Given
$3.4M
Hartford Foundation for Public Giving
Hartford, CT
The Greater Hartford Gives Foundation funds nonprofits, agencies, and scholarships, with priorities including equity, social and economic mobility, community wellbeing, civic engagement, and arts and culture. Its 2024 itemized grants had a median of about $21,600, with awards ranging from about $5,000 to $2.48 million, and it primarily serves 29 towns in Greater Hartford. It offers annual, priority-aligned grant opportunities; the profile does not state whether it accepts unsolicited requests.
Assets
$1.2B
Grants
613
Total Given
$52.0M
J Walton Bissell Foundation Inc
West Harford, CT
The foundation supports nonprofits working with communities under threat, the arts, and people with disabilities, primarily in Hartford; most 2024 grant dollars went to Connecticut organizations. Its 2024 awards ranged from $4,825 to $25,000, with a median of $10,000. It accepts unsolicited online applications from eligible 501(c)(3) organizations.
Assets
$19.9M
Grants
85
Total Given
$1.1M
Berkshire Bank Foundation Inc
Pittsfield, MA
The foundation supports nonprofits working in small business, financial inclusion, housing, health and wellness, food insecurity, youth development, and arts and culture across Connecticut, Massachusetts, New York, Rhode Island, and Vermont. In 2024, grants ranged from $50 to $33,333, with a median of $2,500. It accepts written applications from eligible 501(c)(3) public charities and lists quarterly deadlines.
Assets
$17.1M
Grants
478
Total Given
$2.0M
Farmington Bank Community
Newington, CT
The foundation funds nonprofits addressing economic opportunity, health, and basic needs in its 16-community Central Connecticut service area, prioritizing organizations with deep local roots. Grants average about $8,000, with a stated maximum of $20,000; whether it accepts unsolicited requests is not specified.
Assets
$19.2M
Grants
101
Total Given
$615K
More similar funders
More Funders in Texas
Cite this profile
Grantable. (2026). Olga Sipolin Children's Fund funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/olga-sipolin-children-s-fund-morg_f54a4c2f234940ebbccdebf8696e1311
BibTeX
@misc{grantable_061542290_2026,
author = {{Grantable}},
title = {{Olga Sipolin Children's Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/olga-sipolin-children-s-fund-morg_f54a4c2f234940ebbccdebf8696e1311},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Olga Sipolin Children's Fund'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.
Olga Sipolin Children's Fund down — hundreds of funders to go?