Riley Olson Memorial Fund Inc DBA Rileys Village
RILEY OLSON MEMORIAL FUND INC is a private foundation based in Queensbury, New York. Its website describes Riley’s Village as supporting nursing education and local communities, and the fund’s 2024 grants included support for health care, education, golf, and community needs.
Key facts about Riley Olson Memorial Fund Inc DBA Rileys Village
In short: Riley Olson Memorial Fund Inc DBA Rileys Village gave $31K across 11 grants in 2024 (avg $3K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 82-3393636
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $30,676
- Grants made (2024)
- 11
- Average grant
- $2,789
- Median grant
- $1,206
- Total assets
- $9,686
- Primary geography
- New York (96% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-52.8% YoY
Annual Giving
$31K
+15.8% YoY
Grant Count
11
+175.0% YoY
Avg Grant Size
$3K
-57.9% YoY
Under IRS private-foundation payout rules, Riley Olson Memorial Fund Inc DBA Rileys Village reported a distributable amount of $477 for 2024 — the minimum it must pay out in qualifying distributions.
How Riley Olson Memorial Fund Inc DBA Rileys Village gives
- 0% of 2024 grantees were also funded in 2023. Method
- Giving grew 320% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The website states that Riley’s Village’s mission is rooted in the care Riley received and the compassion shown by nurses and the community. It describes support for nursing education, community needs, the American Red Cross Blood Drive, and junior golf.
The 2024 grant list shows giving for dental equipment, an emergency-room nursing seminar, nursing staff, a golf team, a college award, a blood drive, and other local needs.
Grantmaking
In 2024, the fund reported 11 grants totaling $30,676. Grant amounts ranged from $39 to $12,500, with a median of $1,206.
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Geographic Focus
Where this funder awards grants
The fund is based in Queensbury, New York. In 2024, 96% of grant dollars went to recipients in New York and 4% to recipients in Vermont.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $4K (2020) to $31K (2024). In 2024 it made 11 grants totaling $31K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Hudson Headwaters ($13K). Together the top 10 received $31K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 22 grants of 22 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hudson Headwaters Queensbury, NY | Purchase of Dental Equipment | $12,500 |
| Glens Falls Hospital Glens Falls, NY | Er Nursing Seminar | $10,000 |
| SUNY Adirondack Foundation Queensbury, NY | Golf Team | $2,500 |
| Open Door Mission Glens Falls, NY | Dishwasher/Clothes/Xmas Gifts | $1,429 |
| Hudson Headwaters- Nurses Queensbury, NY | Panera Gift Cards for Nurses | $1,254 |
| University of Vermont Burlington, VT | Panera Gift Cards for Nurses | $1,206 |
| Queensbury Country Club Lake George, NY | Food/Drinks Golf Tournament | $703 |
| Queensbury High School Queendsbury, NY | College Award | $500 |
| Glens Falls Hospital Glens Falls, NY | Food for Staff | $329 |
| Pet Rescue -North Country Subaru Queensbury, NY | Supplies for Pet Rescue Agency | $216 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $9,686 | $21,965 | $32,794 | $30,676 |
| 2023 | $20,515 | $27,198 | $33,672 | $26,500 |
| 2022 | $26,989 | $38,639 | $28,057 | $11,000 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,686 | $20,515 | $26,989 |
| Revenue | $21,965 | $27,198 | $38,639 |
| Expenses | $32,794 | $33,672 | $28,057 |
| Qualifying Distributions | $32,794 | $33,672 | $13,647 |
| Distributable Amount | $477 | $1,010 | $88 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Erin Steinbach as president, Ryan Steinbach as vice preside, Marybeth Hayes as treasurer, Melinda B White as secretary, and Michael T White as CFO.
Riley Olson Memorial Fund Inc DBA Rileys Village is led by Erin Steinbach, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Erin Steinbach
President
On filings since 2020
No compensation reported
Marybeth Hayes
Treasurer
On filings since 2020
No compensation reported
Melinda B. White
Secretary
On filings since 2020
No compensation reported
Michael T. White
CFO
On filings since 2020
No compensation reported
Ryan Steinbach
Vice President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 20 Pinion Pine Lane, Queensbury, NY 12804-9015
Phone: (518) 222-4664
Website: https://www.rileysvillage.org
Frequently asked questions about Riley Olson Memorial Fund Inc DBA Rileys Village
How much does Riley Olson Memorial Fund Inc DBA Rileys Village give each year?
Riley Olson Memorial Fund Inc DBA Rileys Village gave $31K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $27K across 4 grants.
What is Riley Olson Memorial Fund Inc DBA Rileys Village's typical grant size?
Riley Olson Memorial Fund Inc DBA Rileys Village's median grant in 2024 was $1,206, and its average grant was $2,789, across 11 grants on its 2024 IRS Form 990-PF.
Where does Riley Olson Memorial Fund Inc DBA Rileys Village give grants?
Riley Olson Memorial Fund Inc DBA Rileys Village gives mostly in New York: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Queensbury, NY (4 grants) and Glens Falls, NY (4 grants).
Does Riley Olson Memorial Fund Inc DBA Rileys Village give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on Riley Olson Memorial Fund Inc DBA Rileys Village's 2024 IRS Form 990-PF were described as general or operating support.
Who are Riley Olson Memorial Fund Inc DBA Rileys Village's largest grantees?
Riley Olson Memorial Fund Inc DBA Rileys Village's largest 2024 grantees include Hudson Headwaters ($12,500), Glens Falls Hospital ($10,329 across 2 grants) and SUNY Adirondack Foundation ($2,500), according to its 2024 IRS Form 990-PF. Together they received 83% of its itemized 2024 grant dollars.
How large is Riley Olson Memorial Fund Inc DBA Rileys Village?
Riley Olson Memorial Fund Inc DBA Rileys Village reported $10K in total assets on its 2024 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $477 (roughly 5% of its investment assets).
What does Riley Olson Memorial Fund Inc DBA Rileys Village fund?
The website states that Riley’s Village’s mission is rooted in the care Riley received and the compassion shown by nurses and the community. It describes support for nursing education, community needs, the American Red Cross Blood Drive, and junior golf. See mission & focus areas ↑
How do I apply for a grant from Riley Olson Memorial Fund Inc DBA Rileys Village?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Riley Olson Memorial Fund Inc DBA Rileys Village's EIN?
Riley Olson Memorial Fund Inc DBA Rileys Village's EIN (Employer Identification Number) is 82-3393636. IRS Form 990 filing data is available on this page for 2020–2024.
Does Riley Olson Memorial Fund Inc DBA Rileys Village accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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