The Olukotun Family Foundation
The Olukotun Family Foundation is a private foundation, based in Menlo Park, CA. IRS filing data is available for 2021. As of 2021, the organization holds $198K in total assets. In 2021, it awarded 9 grants totaling $11K. Net investment income was $15K.
Key facts about The Olukotun Family Foundation
In short: The Olukotun Family Foundation gave $11K across 9 grants in 2021 (avg $1K), mostly in California. Source: 2021 IRS Form 990-PF.
- EIN
- 82-3258170
- Latest 990 filing
- Form 990-PF, 2021
- Annual giving (2021)
- $11,000
- Grants made (2021)
- 9
- Average grant
- $1,222
- Median grant
- $500
- Total assets
- $197,632
- Primary geography
- California (64% of itemized 2021 grant dollars)
Data from IRS Form 990-PF, 2021; updated September 2026.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$198K
Annual Giving
$11K
Grant Count
9
Avg Grant Size
$1K
Under IRS private-foundation payout rules, The Olukotun Family Foundation reported a distributable amount of $7K for 2021 — the minimum it must pay out in qualifying distributions.
How The Olukotun Family Foundation gives
- In 2021 it paid out 153% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 9 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 9 grants totaling $11K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2021
The largest 2021 recipient was Menlo School ($5K). Together the top 9 received $11K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Menlo School Atherton, CA | Funding for Financial Aid | $5,000 |
| Stanford University Stanford, CA | General Fund | $2,000 |
| Kita North Berwick, ME | General Fund | $1,000 |
| Malaria Consortium Hermitage, PA | General Fund | $500 |
| Calvin University Grand Rapids, MI | General Fund | $500 |
| Habitat for Humanity Americus, GA | Aid for Housing for the Poor | $500 |
| American Sickle Cell Anemia Assoc Cleveland, OH | Sickle Cell Research and Support | $500 |
| Doctors Without Borders New York, NY | General Fund | $500 |
| Univ of MI Ann Arbor, MI | General Fund | $500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 |
|---|---|
| Total Assets | $197,632 |
| Revenue | $18,647 |
| Expenses | $14,650 |
| Qualifying Distributions | $11,000 |
| Net Investment Income | $14,997 |
| Distributable Amount | $7,206 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2021
Leadership & Key People
Officers and directors from IRS filings
The Olukotun Family Foundation is led by Oyekunle Olukotun, President on the 2021 filing; none of the 3 officers listed in 2021 report compensation.
Officers on the 2021 filing
Oyekunle Olukotun
President
New on the 2021 filing
10 hrs/week
No compensation reported
Iyanu Olukotun
Director
New on the 2021 filing
5 hrs/week
No compensation reported
Ayinde Olukotun
Secretary
New on the 2021 filing
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Olukotun Family Foundation
How much does The Olukotun Family Foundation give each year?
The Olukotun Family Foundation gave $11K across 9 grants in 2021, according to its 2021 IRS Form 990-PF.
What is The Olukotun Family Foundation's typical grant size?
The Olukotun Family Foundation's median grant in 2021 was $500, and its average grant was $1,222, across 9 grants on its 2021 IRS Form 990-PF.
Where does The Olukotun Family Foundation give grants?
The Olukotun Family Foundation gives mostly in California: 64% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest states were Maine (9%) and Michigan (9%).
Does The Olukotun Family Foundation give general operating support?
Yes: 67% of The Olukotun Family Foundation's 2021 grants with a stated purpose (6 of 9) were for general or operating support, per its 2021 IRS Form 990-PF.
Who are The Olukotun Family Foundation's largest grantees?
The Olukotun Family Foundation's largest 2021 grantees include Menlo School ($5,000), Stanford University ($2,000) and Kita ($1,000), according to its 2021 IRS Form 990-PF. Together they received 73% of its itemized 2021 grant dollars.
How large is The Olukotun Family Foundation?
The Olukotun Family Foundation reported $198K in total assets on its 2021 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).
What is The Olukotun Family Foundation's EIN?
The Olukotun Family Foundation's EIN (Employer Identification Number) is 82-3258170. IRS Form 990 filing data is available on this page for 2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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