Riley Olson Memorial Fund Inc is a private foundation focused on Employment, based in QUEENSBURY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 11 grants totaling $31K.
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 reported a distributable amount of $477 for 2024 — the minimum it must pay out in qualifying distributions.
About Riley Olson Memorial Fund Inc
Based on IRS filings
Riley Olson Memorial Fund Inc is a private foundation focused on Employment, based in QUEENSBURY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 11 grants totaling $31K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
| Net Investment Income | — | — | — |
| Distributable Amount | $477 | $1,010 | $88 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hudson Headwaters ($12,500), Glens Falls Hospital ($10,000), Suny Adirondack Foundation ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SUNY ADIRONDACK FOUNDATION QUEENSBURY, NY | GOLF TEAM | $2,500 |
| GLENS FALLS HOSPITAL GLENS FALLS, NY | ER NURSING SEMINAR | $10,000 |
| GLENS FALLS HOSPITAL GLENS FALLS, NY | FOOD FOR STAFF | $329 |
| HUDSON HEADWATERS QUEENSBURY, NY | PURCHASE OF DENTAL EQUIPMENT | $12,500 |
| 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 HIGH SCHOOL QUEENDSBURY, NY | COLLEGE AWARD | $500 |
| QUEENSBURY COUNTRY CLUB LAKE GEORGE, NY | FOOD/DRINKS GOLF TOURNAMENT | $703 |
| PET RESCUE -NORTH COUNTRY SUBARU QUEENSBURY, NY | SUPPLIES FOR PET RESCUE AGENCY | $216 |
| AMERICAN RED CROSS GLENS FALLS, NY | DONUTS FOR BLOOD DRIVE | $39 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIN STEINBACH | PRESIDENT | — | — |
| RYAN STEINBACH | VICE PRESIDE | — | — |
| MARYBETH HAYES | TREASURER | — | — |
| MELINDA B WHITE | SECRETARY | — | — |
| MICHAEL T WHITE | CFO | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Riley Olson Memorial Fund Inc?
Riley Olson Memorial Fund Inc is a private foundation focused on Employment, based in QUEENSBURY, NY. It holds $10K in total assets as of 2024.
How large is Riley Olson Memorial Fund Inc?
As of 2024, Riley Olson Memorial Fund Inc holds $10K in total assets with $22K in annual revenue. It awarded 11 grants totaling $31K in 2024.
Where does Riley Olson Memorial Fund Inc operate?
Riley Olson Memorial Fund Inc has awarded grants in New York, Vermont.
What size grants does Riley Olson Memorial Fund Inc award?
In 2024, Riley Olson Memorial Fund Inc awarded 11 grants totaling $31K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Riley Olson Memorial Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Riley Olson Memorial Fund Inc reported a distributable amount of $477 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Riley Olson Memorial Fund Inc's EIN?
Riley Olson Memorial Fund Inc's EIN (Employer Identification Number) is 82-3393636. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Riley Olson Memorial Fund Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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