The Oley Friends Foundation

LAGUNA HILLS, CA EIN: 84-3990362

The Oley Friends Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAGUNA HILLS, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 4 grants totaling $135K. Net investment income was $407.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-6.2% YoY

Annual Giving

$135K

+22.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$34K

+22.7% YoY

Under IRS private-foundation payout rules, The Oley Friends Foundation reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.

About The Oley Friends Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $100K (41%)

Missouri $100K (41%)

Idaho $45K (18%)

States

California Idaho Missouri

Cities

BreaDana PointSandpointSpringfieldWestminster

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$2,130,502	$2,271,045
Revenue	$732	$7,352
Expenses	$141,275	$143,409
Qualifying Distributions	$135,615	$130,800
Net Investment Income	$407	$7,179
Distributable Amount	$111,544	$118,222

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Convoy of Hope ($100,000), Ocean Institute ($20,000), Sandpoint Resource Center Inc ($10,000).

Recipient	Purpose	Amount
BREA HISTORICAL SOCIETY BREA, CA	TO PRESERVE THE CITY'S CUSTOMS AND CULTURE.	$5,000
OCEAN INSTITUTE DANA POINT, CA	USING THE OCEAN AS THEIR CLASSROOM, INSPIRING CHILDREN TO LEARN, HELP CHILDREN IN POVERTY EXPERIENCE THE OCEAN.	$20,000
SANDPOINT RESOURCE CENTER INC SANDPOINT, ID	HAVING ONE CENTRAL PLACE WHERE PEOPLE IN NEED CAN GO TO RECEIVE HELP.	$10,000
CONVOY OF HOPE SPRINGFIELD, MO	TO ASSIST THE COMMUNITY BY FEEDING CHILDREN INITIATIVES, COMMUNITY OUTREACH, DISASTER RESPONSE, AND STRATEGIC PROGRAM PARTNERS.	$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TERRANCE OLSON	DIRECTOR/CEO	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Oley Friends Foundation?

The Oley Friends Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAGUNA HILLS, CA. It holds $2.1M in total assets as of 2024.

How large is The Oley Friends Foundation?

As of 2024, The Oley Friends Foundation holds $2.1M in total assets with $732 in annual revenue. It awarded 4 grants totaling $135K in 2024.

Where does The Oley Friends Foundation operate?

The Oley Friends Foundation has awarded grants in California, Idaho, Missouri.

What size grants does The Oley Friends Foundation award?

In 2024, The Oley Friends Foundation awarded 4 grants totaling $135K — an average of about $34K per grant, based on its IRS Form 990 filings.

How much is The Oley Friends Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Oley Friends Foundation reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.