Olive Rice Reierson Foundation
Historical FunderRapid City, South Dakota · EIN 36-3463190 · Private foundation · Website
Half of its grants to organizations were between $2,000 and $3,500.
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):
| Contact | First Trust Company LLC |
|---|---|
| Address | 1919 Hope Court, Rapid City SD 57701 |
| Phone | 6057910837 |
| tdenhoed@firsttrustcompany.com | |
| Form and materials | PLEASE SEE THE ATTACHED APPLICATION INFORMATION |
| Deadlines | April 1st |
| Restrictions | -BE A RESIDENT OF POWELL COUNTY, MONTANA-BE WORTHY AND DESERVING HIGH SCHOOL SENIORS OR GRADUATES OF HIGH SCHOOL IN THE AREA OF POWELL COUNTY, MONTANA-EXHIBIT PRIDE IN THEIR PERSONAL APPEARANCE-EXHIBIT AN EARNEST DESIRE TO PURSUE THEIR EDUCATION TO THE POINT THAT THEY WILL ENTER THE WORLD OF EMPLOYMENT AS PRODUCTIVE CITIZENS,WILLING THEN TO LEND A HAND TO OTHERS-BE PLANNING TO ATTEND FULL-TIME AN ACCREDITED TWO-YEAR OR FOUR-YEAR COLLEGE, UNIVERSITY, TECHNICAL COLLEGE, TRADE OR VOCATIONAL SCHOOL LOCATED IN THE UNITED STATES.ADDITIONAL DESIRED QUALIFICATIONS:-DEMONSTRATION OF FINANCIAL NEED-DEMONSTRACTION OF ACADEMC ACHIEVEMENT |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
100% of grants went outside South Dakota.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Powell County Medical Foundation | Deer Lodge, MT | General Support | $21,000 |
| Montana State Univ | Bozeman, MT | Scholarship | $5,000 |
| University of | Missoula, MT | Scholarship | $4,500 |
| University Of Montana | Dillon, MT | Scholarship | $3,500 |
| Skyla Pierson CO Miles Community Co | Miles City, MT | Scholarship | $3,500 |
| Utah State Univ | Logan, UT | Scholarship | $3,500 |
| Utah State University | Logan, UT | Scholarship | $2,000 |
| University of Mo | Dillon, MT | Scholarship | $2,000 |
| University fo Mon | Dillon, MT | Scholarship | $2,000 |
| University of Montan | Missoula, MT | Scholarship | $2,000 |
| University of Monta | Missoula, MT | Scholarship | $1,000 |
| University of Montan | Missoula, MT | Scholarship | $1,000 |
The return also lists 9 grants to individuals ($29,000). We do not publish the names of individual recipients.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $80,000 | 21 |
| 2023 | $72,000 | 19 |
| 2022 | $79,000 | 17 |
Sources
- IRS Form 990-PF, tax year 2024, filed Jan 29, 2026 - IRS e-file batch, object ID 202630299349100323
- IRS Tax Exempt Organization Search for EIN 36-3463190
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.