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Donald And Maureen Olson Charitable Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2019. The principal officer is Hope Walsh Wealth Management Phi. It holds total assets of $1.6M. Annual income is reported at $580K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Minnesota and Illinois. According to available records, Donald And Maureen Olson Charitable Trust has made 26 grants totaling $315K, with a median grant of $12K. Annual giving has grown from $60K in 2020 to $82K in 2023. Grantmaking activity was highest in 2022 with $92K distributed across 6 grants. Individual grants have ranged from $105 to $23K, with an average award of $12K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Minnesota, Illinois, Arizona, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$11K
Average Grant
$10K
Largest Grant
$15K
Based on 6 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.
Donald And Maureen Olson Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in MN, IL, AZ.
Donald And Maureen Olson Charitable Trust has distributed a total of $315K across 26 grants. The median grant size is $12K, with an average of $12K. Individual grants have ranged from $105 to $23K.
Donald And Maureen Olson Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Donald And Maureen Olson Charitable Trust is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $24K | $0 | $24K |
Total Giving
$106K
Total Assets
$1.6M
Fair Market Value
$1.7M
Net Worth
$1.6M
Grants Paid
$82K
Contributions
N/A
Net Investment Income
$28K
Distribution Amount
$79K
Total Grants
26
Total Giving
$315K
Average Grant
$12K
Median Grant
$12K
Unique Recipients
6
Most Common Grant
$12K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grace Lutheran ChurchGENERAL SUPPORT | Andover, MN | $20K | 2023 |
| Animal Humane SocietyGENERAL SUPPORT | Minneapolis, MN | $16K | 2023 |
| The Salvation ArmyGENERAL SUPPORT | Hoffman Estates, IL | $16K | 2023 |
| Golden Fleece Ldg 89 Charitable FdnGENERAL SUPPORT | Litchfield, MN | $12K | 2023 |
| Meeker County Historical SocietyGENERAL SUPPORT | Litchfield, MN | $8K | 2023 |
| Twin Cities Public Television IncGENERAL SUPPORT | St Paul, MN | $8K | 2023 |