The Arkansas State Capitol

Form 990-PFTax year 2024EIN 71-0747091

Olds Foundation Inc

A private foundation in Arkadelphia, AR. Its return for tax year 2024 lists 17 grants and $453,026 paid in grants.

Tax year 2024 (period ending Nov 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Greg Aud
Post Office Box 142
Arkadelphia, AR 71923
(870) 403-7823
Form and materials
Request preprinted application to complete for interview
Deadlines
At least two months prior to start of college terms
Restrictions
None

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $453,026

    Grants listed
    17
    Assets, end of year
    $18,551,277
  • Tax year 2023

    $360,038

    Grants listed
    15
    Assets, end of year
    $18,749,296
  • Tax year 2022

    $374,690

    Grants listed
    16
    Assets, end of year
    $18,512,897
  • Tax year 2021

    $345,154

    Grants listed
    10
    Assets, end of year
    $17,818,509
  • Tax year 2020

    $280,782

    Grants listed
    15
    Assets, end of year
    $17,733,860
  • Tax year 2019

    $274,344

    Grants listed
    14
    Assets, end of year
    $15,170,186

Grants paid in 2024

17 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Caddo Career ConsortiumAmity, AR

    FFA phase 2 project/bathroom and kitchen facility

    $150,000
  2. Individual

    Unrestrictedunrestricted

    $131,500
  3. City of AmityAmity, AR

    Police car

    $64,510
  4. Kirby Public School #32Kirby, AR

    Gym equipment/project

    $50,000
  5. Centerpoint School DistrictAmity, AR

    Backpack program

    $18,500
  6. Kirby Public School #32Kirby, AR

    Library project

    $12,000
  7. Kirby Public School #32Kirby, AR

    Backpack program

    $9,000
  8. City of AmityAmity, AR

    Angel tree

    $5,000
  9. South Central Ar Log-A-LoadLittle Rock, AR

    Unrestricted

    $2,500
  10. Clark County Sheriff's DeptArkadelphia, AR

    U14 tournament grant

    $2,000
  11. Centerpoint FFAAmity, AR

    Pie auction

    $2,000
  12. City of AmityAmity, AR

    Unrestricted

    $2,000
  13. Percy and Donna Maone Child Safety CtrArkadelphia, AR

    Food box

    $2,000
  14. Alpine Rural Fire DepartmentAlpine, AR

    Unrestricted

    $1,000
  15. Arkansas Advocates for ChildrenLittle Rock, AR

    Soup sunday

    $500
  16. Clark County Historical Association IncArkadelphia, AR

    Unrestrictedband uniforms

    $500
  17. Thru PTPArkadelphia, AR

    Unrestricted

    $16

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $150,000100% of the total
  2. Human services1 grant $500<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Arkansas16 grants $321,526

Officers, directors and trustees

7 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Gregery B AudTRUSTEE AND MANAGER Hours 20Pay $105,127
  • Michael E AudTRUSTEE Hours 1Pay $45,644
  • Harry C Erwin IIITRUSTEE Hours 1Pay $7,000
  • Blake WhitleyTRUSTEE Hours 1Pay $7,000
  • Kent ThomasTRUSTEE Hours 1Pay $7,000
  • Garry B JohnsTRUSTEE Hours 1Pay $7,000
  • Carrie AudTRUSTEE Hours 1Pay $7,000

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Roy & Christine Sturgis Charitable & Educational TrustArkadelphia, AR 33 grants Accepts applications $571,463 giving
  2. Ferguson Family Foundation LTDArkadelphia, AR 21 grants Preselected only $671,652 giving
  3. The Ross FoundationArkadelphia, AR 27 grants Accepts applications $747,655 giving
  4. The Buck FoundationRogers, AR 72 grants Preselected only $350,500 giving
  5. Tom J & Edna Mae Carson FoundationFort Smith, AR 17 grants Preselected only $594,525 giving