Olm Strong Foundation Inc
The purpose of the foundation is to solicit charitable contributions and other funds in order to provide financial support and other benefits such as financial aid and student scholarships to the students of our lady of mercy school of madison, inc.
Olm Strong Foundation Inc at a glance
In short: Olm Strong Foundation Inc gave $386K across 1 grant in 2024 (avg $386K), mostly in Connecticut. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $385,804
- +1.6% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $385,804
- +1.6% vs 2023
- Median grant
- $385,804
- Total assets
- $2,194,325
- -2.2% vs 2023
- Primary geography
- Connecticut (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Olm Strong Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Our Lady of Mercy School of Madison Inc ($386K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Olm Strong Foundation Inc gives
- Giving fell 45% from 2021 to 2024. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2018 to 2024, annual grant giving ranged from $380K (2023) to $843K (2022). In 2024 it made 1 grant totaling $386K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Our Lady of Mercy School of Madison Inc Madison, CT | Financial support for start up and operation of school for grades pre-k through 8th grade. | $385,804 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,194,325 | $410,114 | $444,452 | $385,804 | 1 | — | $2 | — |
| 2023 | $2,243,663 | $340,756 | $435,439 | $379,743 | 1 | $379,743 | $3 | $844 |
| 2022 | $2,323,346 | $2,825,053 | $873,932 | $843,050 | 1 | — | $20 | — |
| 2021 | $104,725 | $840,010 | $708,941 | $701,788 | 1 | — | $10 | — |
| 2020 | $3,661 | $594,010 | $625,479 | $619,276 | 1 | — | $10 | — |
| 2018 | $486,812 | $1,276,734 | $789,922 | $786,041 | 1 | — | $-12,061 | — |
About Olm Strong Foundation Inc
Based on IRS filings
Olm Strong Foundation Inc is a public charity focused on Education, based in Madison, CT. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 1 grant totaling $386K. Net investment income was $2.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Olm Strong Foundation Inc is led by Joseph Piagentini, President on filings since 2018; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joseph Piagentini
President
On filings since 2018
1 hr/week
No compensation reported
Gregg Lallier
Board Member
On filings since 2018
1 hr/week
No compensation reported
John Picard
Board Member
On filings since 2018
1 hr/week
No compensation reported
Vlad Coric
Board Member
On filings since 2018
1 hr/week
No compensation reported
James Emglehart
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (4)
- Former: Jospeh Piagentini (2023) — President
- Former: James Engelhart (2018–2022) — Treasurer
- Former: Jessica Mularsky (2018–2020) — Board Member
- Former: Stephen Ciocca (2018–2020) — Treasurer
Data from IRS Form 990 filings, 2018–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Olm Strong Foundation Inc
How much does Olm Strong Foundation Inc give each year?
Olm Strong Foundation Inc gave $386K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $380K across 1 grant.
How large is Olm Strong Foundation Inc?
Olm Strong Foundation Inc reported $2.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $410K.
What is Olm Strong Foundation Inc?
Olm Strong Foundation Inc is a public charity focused on Education, based in Madison, CT. It holds $2.2M in total assets as of 2024.
Where does Olm Strong Foundation Inc operate?
Olm Strong Foundation Inc has awarded grants in Connecticut.
What is Olm Strong Foundation Inc's EIN?
Olm Strong Foundation Inc's EIN (Employer Identification Number) is 82-4728366. IRS Form 990 filing data is available on this page for 2018–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2018 (received by the IRS July 22, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS August 9, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 19, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS December 22, 2025)
- IRS filings on file for fiscal years 2020–2024
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