The Olive Foundation
The Olive Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Woodland Hills, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $500K in total assets. Net investment income was $8K.
Key facts about The Olive Foundation
- EIN
- 82-3392807
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $500,341
Data from IRS Form 990-PF, 2024; updated September 2026.
How The Olive Foundation gives
- Giving fell 99% from 2020 to 2023. Method
- In 2023 it paid out 11% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Olive Foundation
- How to evaluate The Olive Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$500K
+2.1% YoY
Revenue
$15K
-43.8% YoY
Net Investment Income
$8K
-62.2% YoY
Expenses
$5K
-32.3% YoY
Under IRS private-foundation payout rules, The Olive Foundation reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.
About The Olive Foundation
Based on IRS filings
The Olive Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Woodland Hills, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $500K in total assets. Net investment income was $8K.
Focus Areas
Ready to take the next step with The Olive Foundation?
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 | $500,341 | $489,955 | $470,040 |
| Revenue | $15,201 | $27,028 | $8,363 |
| Expenses | $4,815 | $7,113 | $28,696 |
| Qualifying Distributions | — | $2,500 | $25,000 |
| Net Investment Income | $8,470 | $22,415 | $6,074 |
| Distributable Amount | $26,877 | $23,325 | $23,433 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Charles McClaskey | President | 1 | — |
| Wallace McCloskey | Director | 1 | — |
| Donald Reordan | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Olive Foundation?
The Olive Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Woodland Hills, CA. It holds $500K in total assets as of 2024.
How large is The Olive Foundation?
As of 2024, The Olive Foundation holds $500K in total assets with $15K in annual revenue.
Where does The Olive Foundation operate?
The Olive Foundation has awarded grants in Arkansas.
How much is The Olive Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Olive Foundation reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Olive Foundation's EIN?
The Olive Foundation's EIN (Employer Identification Number) is 82-3392807. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.