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Carole And Milo Olson Family Foundation is a private trust based in WAUTOMA, WI. The foundation received its IRS ruling in 2000. The principal officer is Carole Olson. It holds total assets of $231K. Annual income is reported at $93K. Total assets have grown from $91K in 2011 to $189K in 2023. Hope Lutheran Church-a qualifying 501c organization for annual expenses of operations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Carole And Milo Olson Family Foundation has made 18 grants totaling $63K, with a median grant of $3K. Annual giving has grown from $16K in 2020 to $42K in 2022. Individual grants have ranged from $1K to $9K, with an average award of $4K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Wisconsin, Minnesota, Iowa, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Hope Lutheran Church-a qualifying 501c organization for annual expenses of operations
Expenses: $9K
Otter Creek Lutheran Church-a qualifying 501c organization for annual expenses of operations
Expenses: $4K
Immanuel Lutheran Church-a qualifying 501c organization for annual expenses of operations
Expenses: $3K
Luther College-a qualifying 501c organization for annual expenses of operations
Expenses: $3K
Hope Lutheran Church-a qualifying 501c organization for annual expenses of operations. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in WI, MN, IA.
Carole And Milo Olson Family Foundation has distributed a total of $63K across 18 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $1K to $9K.
Carole And Milo Olson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Carole And Milo Olson Family Foundation is headquartered in WAUTOMA, WI. While based in WI, the foundation distributes grants to organizations across 4 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$27K
Total Assets
$189K
Fair Market Value
$741K
Net Worth
$189K
Grants Paid
$27K
Contributions
N/A
Net Investment Income
$49K
Distribution Amount
N/A
Total: $146K
Total Grants
18
Total Giving
$63K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
7
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hope Lutheran ChurchAnnual Operating Expenses | Wautoma, WI | $9K | 2022 |
| Otter Creek Lutheran ChurchAnnual Operating Expenses | Highland, WI | $4K | 2022 |
| Luther CollegeAnnual Operating Expenses | Decorah, IA | $3K | 2022 |
| Immanuel Lutheran ChurchAnnual Operating Expenses | Clayton, WI | $3K | 2022 |
| Gustavus Adolphus CollegeAnnual Operating Expenses | Saint Peter, MN | $2K | 2022 |
| Holy Trinity Lutheran ChurchAnnual Operating Expenses | Chicago, IL | $3K | 2020 |
| Waushara Senior Citizens IncAnnual Operating Expenses | Wautoma, WI | $1K | 2020 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI