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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. Total assets have grown from $860K in 2013 to $3.9M in 2023. The foundation is governed by 4 officers and trustees. 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 2020 to 2023. Grantmaking is concentrated in Minnesota. 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.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$15K
Largest Grant
$105K
Based on 13 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.
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 | N/A | $0 | N/A |
| Karen B Olson | VICE PRES/DIRECTOR | $0 | $0 | N/A |
| Dr David H Olson | PRES/DIRECTOR/SE | $0 | $0 | N/A |
Total Giving
$252K
Total Assets
$3.9M
Fair Market Value
$4.2M
Net Worth
$3.9M
Grants Paid
$215K
Contributions
N/A
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 |
|---|---|---|---|
| Friends Of The St Paul ChamberMUSIC AND EDUCATION | Saint Paul, MN | $25K | 2023 |
| Second Harvest HeartlandHUMANITARIAN | Brooklyn Park, MN | $20K | 2023 |
| Concordia UniversityEDUCATION | St Paul, MN | $20K | 2023 |
| Twin Cities Public TelevisionEDUCATION | St Paul, MN | $20K | 2023 |
| Lutheran Social ServicesHUMANITARIAN | St Paul, MN | $20K | 2023 |
| Planned Parenthood St PaulHUMANITARIAN | 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 |
| Ujamaa PlaceHUMANITARIAN | St Paul, MN | $10K | 2023 |
| Minnesota OrchestraMUSICAL EDUCATION | Minneapolis, MN | $10K | 2023 |
| People IncorporatedHUMANITARIAN | Eagan, MN | $10K | 2023 |
| Penumbra TheatreHUMANITARIAN | St Paul, MN | $5K | 2023 |
| Guthrie TheaterARTS | Minneapolis, MN | $5K | 2023 |
| Twin Cities Habitat For HumanityHUMANITARIAN | St Paul, 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 |
| Park Square TheatreARTS | St Paul, MN | $5K | 2022 |
| Habitat For Humanity - St PaulHUMANITARIAN | 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 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI