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Dr David & Karen Olson Family Foundation is a private corporation based in LA CROSSE, WI. The foundation received its IRS ruling in 2014. The principal officer is % Foundation Source. It holds total assets of $3.9M. Annual income is reported at $1.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Dr David & Karen Olson Family Foundation has made 65 grants totaling $871K, with a median grant of $10K. The foundation has distributed between $186K and $470K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $470K distributed across 32 grants. Individual grants have ranged from $1K to $43K, with an average award of $13K. The foundation has supported 31 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Dr David & Karen Olson Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in MN.
Dr David & Karen Olson Family Foundation has distributed a total of $871K across 65 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $1K to $43K.
Dr David & Karen Olson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Dr David & Karen Olson Family Foundation is headquartered in LA CROSSE, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank | Agent | $24K | $0 | $24K |
| Trust Point Inc | Agent | $42 | $0 | $42 |
| Karen B Olson | VICE PRES/DIRECTOR | $0 | $0 | $0 |
| Dr David H Olson | PRES/DIRECTOR/SE | $0 | $0 | $0 |
Total Giving
$252K
Total Assets
$3.9M
Fair Market Value
$4.2M
Net Worth
$3.9M
Grants Paid
$215K
Contributions
$0
Net Investment Income
$905K
Distribution Amount
$189K
Total Grants
65
Total Giving
$871K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
31
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL OPERATING | Roseville, MN | $5K | 2021 |
| Friends Of The St Paul ChamberMUSIC AND EDUCATION | Saint Paul, MN | $25K | 2023 |
| Twin Cities Public TelevisionEDUCATION | St Paul, MN | $20K | 2023 |
| Concordia UniversityEDUCATION | St Paul, MN | $20K | 2023 |
| Friends Of The St Paul Public LibraryEDUCATION AND LITERACY | Saint Paul, MN |
| $20K |
| 2023 |
| Minnesota Public RadioEDUCATION | St Paul, MN | $20K | 2023 |
| Planned Parenthood St PaulHUMANITARIAN | St Paul, MN | $20K | 2023 |
| Lutheran Social ServicesHUMANITARIAN | St Paul, MN | $20K | 2023 |
| Second Harvest HeartlandHUMANITARIAN | Brooklyn Park, MN | $20K | 2023 |
| Minnesota OrchestraMUSICAL EDUCATION | Minneapolis, MN | $10K | 2023 |
| Ujamaa PlaceHUMANITARIAN | St Paul, MN | $10K | 2023 |
| People IncorporatedHUMANITARIAN | Eagan, MN | $10K | 2023 |
| Twin Cities Habitat For HumanityHUMANITARIAN | St Paul, MN | $5K | 2023 |
| Penumbra TheatreHUMANITARIAN | St Paul, MN | $5K | 2023 |
| Guthrie TheaterARTS | Minneapolis, MN | $5K | 2023 |
| Immigrant Law CenterHUMANITARIAN | St Paul, MN | $5K | 2023 |
| St Paul Chamber OrchestraMUSIC AND EDUCATION | St Paul, MN | $43K | 2022 |
| Friends Of St Paul LibraryEDUCATION | St Paul, MN | $30K | 2022 |
| Maestro'S CircleMUSIC AND EDUCATION | Minneapolis, MN | $10K | 2022 |
| People Incorporated #600HUMANITARIAN | Eagan, MN | $10K | 2022 |
| Habitat For Humanity - St PaulHUMANITARIAN | St Paul, MN | $5K | 2022 |
| Park Square TheatreARTS | St Paul, MN | $5K | 2022 |
| St Paul Police FoundationGENERAL OPERATING | St Paul, MN | $30K | 2021 |
| Planned Parenthood - St PaulGENERAL PURPOSE | St Paul, MN | $15K | 2021 |
| Habitat For Humanity- St PaulGENERAL OPERATING | St Paul, MN | $10K | 2021 |
| Twin Cities Public Television (Tpt)GENERAL PURPOSE | St Paul, MN | $10K | 2021 |
| Friends Of The St Paul LibraryGENERAL PURPOSE | St Paul, MN | $10K | 2021 |
| Lutheran Social Service Of MinnesotaGENERAL OPERATING | Minneapolis, MN | $10K | 2021 |
| Guthrie Theater FoundationGENERAL OPERATING | Minneapolis, MN | $5K | 2021 |
| Minnesota Orchestral AssociationGENERAL OPERATING | Minneapolis, MN | $5K | 2021 |
| Clare HousingGENERAL OPERATING | Minneapolis, MN | $1K | 2021 |
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