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.
The Olukotun Family Foundation at a glance
In short: The Olukotun Family Foundation gave $11K across 9 grants in 2021 (avg $1K), mostly in California. Source: 2021 IRS Form 990-PF.
- 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)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who The Olukotun Family Foundation funds
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%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 9 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 9 grants totaling $11K.
Grants by year
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 |
Ready to take the next step with The Olukotun Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2021 | $197,632 | $18,647 | $14,650 | $11,000 | 9 | $11,000 | $14,997 | $7,206 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2021
Live grants for the work The Olukotun Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Olukotun Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Halcyon Foundation
Ann Arbor, MI
Assets
$288K
Grants
39
Total Given
$88K
Tall Pines Charitable Foundation Inc
Vero Beach, FL
Assets
$2.0M
Grants
1
Total Given
$89K
The Bilici Foundation
Los Alamitos, CA
Assets
$7K
Grants
5
Total Given
$1K
Ralph J Baudhuin Foundation
Roscoe, IL
The Ralph J. Baudhuin Foundation funds scholarships, religious organizations, and humanitarian services, with most grant dollars going to Illinois and additional support in other states and Haiti. Its 2025 grants ranged from $1,000 to $22,000, with a median of $2,000. It accepts unsolicited community support requests by letter; first-time requests are reviewed at the board’s annual meeting in early December.
Assets
$5.2M
Grants
107
Total Given
$392K
Elaine & Robert Lang Foundation
Kula, HI
Assets
$234K
Grants
9
Total Given
$4K
Mary Bartsas Charitable Foundation
Las Vegas, NV
Assets
$56.9M
Grants
9
Total Given
$75K
More similar funders
More Funders in California
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Olukotun Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Olukotun Family Foundation down — hundreds of funders to go?