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Carol And Robert Olson Foundation is a private corporation based in KENNEBUNK, ME. The foundation received its IRS ruling in 2001. The principal officer is Carol Olster. It holds total assets of $367K. Annual income is reported at $12K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Funding is distributed across 6 states, including Maine, Indiana, New York. According to available records, Carol And Robert Olson Foundation has made 36 grants totaling $81K, with a median grant of $1K. Annual giving has grown from $14K in 2021 to $18K in 2024. Grantmaking activity was highest in 2023 with $49K distributed across 20 grants. Individual grants have ranged from $500 to $8K, with an average award of $2K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Maine, Massachusetts, New York, which account for 78% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Carol And Robert Olson Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in ME, MA, NY.
Carol And Robert Olson Foundation has distributed a total of $81K across 36 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $8K.
Carol And Robert Olson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Carol And Robert Olson Foundation is headquartered in KENNEBUNK, ME. While based in ME, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Oster | President | $0 | $0 | N/A |
Total Giving
$19K
Total Assets
$371K
Fair Market Value
$191K
Net Worth
$371K
Grants Paid
$18K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total: $119K
Total Grants
36
Total Giving
$81K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
11
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trinity United Methodist ChurchASSISTANCE | Fernandina Beach, FL | $2K | 2023 |
| Church On The CapeASSISTANCE | Cape Porpoise, ME | $8K | 2024 |
| Partners In DevelopmentASSISTANCE | Ipswich, MA | $3K | 2024 |
| Alfred UniversitySCHOLARSHIP | Alfred, NY | $2K | 2024 |
| Safe Haven Humane SocietyASSISTANCE | Wells, ME | $2K | 2024 |
| Brunswick United Methodist ChurchASSISTANCE | Brunswick, ME | $1K | 2024 |
| World Vision IntlASSISTANCE | Monrovia, CA | $998 | 2024 |
| Laudholm FarmASSISTANCE | Wells, ME | $500 | 2024 |
| Church Community Outreach ServicesASSISTANCE | Kennebunk, ME | $500 | 2024 |
| Church Growth CenterASSISTANCE | Corunna, IN | $500 | 2023 |
| York County Shelter ProgramsASSISTANCE | Alfred, ME | $1K | 2021 |