Olive Rice Reierson Foundation

RAPID CITY, SD EIN: 36-3463190

Olive Rice Reierson Foundation is a private foundation, based in RAPID CITY, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 19 grants totaling $72K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-10.8% YoY

Annual Giving

$72K

-8.9% YoY

Grant Count

19

+11.8% YoY

Avg Grant Size

$4K

-18.5% YoY

About Olive Rice Reierson Foundation

Based on IRS filings

Olive Rice Reierson Foundation is a private foundation, based in RAPID CITY, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 19 grants totaling $72K. Net investment income was $17K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

BillingsBozemanButteCaldwellDeer LodgeDillionDillonEl DoradoHavreKalispellLoganMiles CityMissoulaPowellProvoPullmanRapid CityTempe

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$38K$76K$114K$152K20202021202220232024
Metric202420232022
Total Assets$1,129,488$1,266,139$1,340,641
Revenue$-23,915$44,487$100,494
Expenses$110,919$118,195$115,057
Qualifying Distributions$87,544$105,710$90,645
Net Investment Income$16,562$42,513$59,338
Distributable Amount$85,348$81,088$91,311

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$43K$64K$86K12 grants202018 grants202117 grants202217 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Powell County Medical Fo…$11KEden Butler CO Utah Stat…$5KMadison Jarrell CO Unive…$5KWyatt Smith CO Montana S…$5KMacy Williams CO Montana…$4KHunter Steinebach CO Uni…$4KLandon Freeman CO Montan…$4KTyrel Smith CO Silverhaw…$4KMary Hansen CO Montana T…$4KGracie Hamilton CO Monta…$4K

Grant Size Distribution

83 grants across all recorded years

83<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

First Trust Company …Trustee$9K

From 2024 filing

NameTitleHoursCompensation
First Trust Company LLCTrustee1$8,651

Related Funders

Similar funders by location and focus area

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

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