Project Rescue Flight is a private foundation focused on Education, based in SOLVANG, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $72K in total assets. In 2024, it awarded 2 grants totaling $6K. Net investment income was $50.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$72K
+157.3% YoY
Annual Giving
$6K
Grant Count
2
Avg Grant Size
$3K
About Project Rescue Flight
Based on IRS filings
Project Rescue Flight is a private foundation focused on Education, based in SOLVANG, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $72K in total assets. In 2024, it awarded 2 grants totaling $6K. Net investment income was $50.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $71,658 | $27,854 | $38,235 |
| Revenue | $50,050 | $35 | $3,976 |
| Expenses | $6,246 | $10,416 | — |
| Qualifying Distributions | $6,141 | — | — |
| Net Investment Income | $50 | $35 | $21 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Santa Barbara County Air Support ($3,912), Santa Barbara County Air Support ($2,229).
| Recipient | Purpose | Amount |
|---|---|---|
| SANTA BARBARA COUNTY AIR SUPPORT SANTA YNEZ, CA | REPAIR COUNTY-OWNED BROKEN/AGING HELICOPTER DOLLIES | $3,912 |
| SANTA BARBARA COUNTY AIR SUPPORT SANTA YNEZ, CA | CHALLENGE COINS DISTRIBUTED TO MEMBER OF THE COUNTY AIR DEPARTMENT AND THE PUBLIC | $2,229 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN OLMSTEAD | CFO | 1 | — |
| JEFF GREENE | CEO | 1 | — |
| ADAM REICHICK | Chairman | 1 | — |
| EHREN RAUCH | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Project Rescue Flight?
Project Rescue Flight is a private foundation focused on Education, based in SOLVANG, CA. It holds $72K in total assets as of 2024.
How large is Project Rescue Flight?
As of 2024, Project Rescue Flight holds $72K in total assets with $50K in annual revenue. It awarded 2 grants totaling $6K in 2024.
Where does Project Rescue Flight operate?
Project Rescue Flight has awarded grants in California.
What size grants does Project Rescue Flight award?
In 2024, Project Rescue Flight awarded 2 grants totaling $6K — an average of about $3K per grant, based on its IRS Form 990 filings.
What is Project Rescue Flight's EIN?
Project Rescue Flight's EIN (Employer Identification Number) is 74-3042295. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Project Rescue Flight's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.