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Elis Olsson Memorial Foundation is a private corporation based in WEST POINT, VA. The foundation received its IRS ruling in 1966. The principal officer is Sture G Olsson. It holds total assets of $10M. Annual income is reported at $2.6M. Total assets have decreased from $20.6M in 2011 to $10M in 2023. The foundation is governed by 6 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Virginia. According to available records, Elis Olsson Memorial Foundation has made 278 grants totaling $1.6M, with a median grant of $5K. The foundation has distributed between $398K and $800K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $800K distributed across 138 grants. Individual grants have ranged from $595 to $20K, with an average award of $6K. The foundation has supported 86 unique organizations. The foundation primarily supports organizations in Virginia, North Carolina, Florida, which account for 83% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$13K
Largest Grant
$215K
Based on 72 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.
Elis Olsson Memorial Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 278 grants. Its grantmaking reaches organizations primarily in VA, NC, FL.
Elis Olsson Memorial Foundation has distributed a total of $1.6M across 278 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $595 to $20K.
The application deadline is APPLICATIONS ARE ACCEPTED THROUGHOUT THE YEAR. THE APPLICANT'S EXEMPT STATUS MUST BE CURRENT.. Grants are limited to 501(c)(3) exempt organizations.
Elis Olsson Memorial Foundation is headquartered in WEST POINT, VA. While based in VA, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| C Elis Olsson | PRESIDENT & CHAIRMAN | $0 | $0 | N/A |
| Shirley C Olsson | VICE PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Thelma L Downey | EXECUTIVE DIRECTOR | $0 | $0 | N/A |
| Anne O Loebs | DIRECTOR | $0 | $0 | N/A |
| Inga O Rogers | DIRECTOR | $0 | $0 | N/A |
| Lisa O Everett | SECRETARY/TREASURER & DIRECTOR | $0 | $0 | N/A |
Total Giving
$521K
Total Assets
$10M
Fair Market Value
$10.8M
Net Worth
$10M
Grants Paid
$400K
Contributions
N/A
Net Investment Income
$149K
Distribution Amount
$519K
Total: $9.6M
Total Grants
278
Total Giving
$1.6M
Average Grant
$6K
Median Grant
$5K
Unique Recipients
86
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Virginia Union UniversityGENERAL PURPOSE | Richmond, VA | $5K | 2023 |
| Arts Alive IncGENERAL PURPOSE | West Point, VA | $20K | 2023 |
| West Point Volunter Fire Dept & Rescue SquadGENERAL PURPOSE | West Point, VA | $15K | 2023 |
| The National Multiple Sclerosis SocietyGENERAL PURPOSE | Ark, VA | $15K | 2023 |
| The International Women'S Fishing AssociationGENERAL PURPOSE | Palm Beach Gardens, FL | $15K | 2023 |
| Cure Alzheimers FundGENERAL PURPOSE | Wellesley Hills, MA | $15K | 2023 |
| Thrive VirginiaGENERAL PURPOSE | New Kent, VA | $15K | 2023 |
| Bay AgingGENERAL PURPOSE | Urbanna, VA | $15K | 2023 |
| Melvin Rosson Veterans Of Foreign Wars Post 8356GENERAL PURPOSE | West Point, VA | $13K | 2023 |
| Greater West Point Family YmcaGENERAL PURPOSE | West Point, VA | $13K | 2023 |
| International Rescue Committee IncCRISIS IN UKRAINE | Albert Lea, MN | $10K | 2023 |
| St Margarets School100 YR IN HONOR OF STURE & SHIRLEY OLSSON | Tappahannock, VA | $10K | 2023 |
| St Andrews SchoolGENERAL PURPOSE | Richmond, VA | $10K | 2023 |
| Northern Neck-Middlesex Free Health ClinicGENERAL PURPOSE | Kilmarnock, VA | $10K | 2023 |
| Walkerton Community Fire AssociationGENERAL PURPOSE | Walkerton, VA | $8K | 2023 |
| Jacob'S Ladder IncGENERAL PURPOSE | Urbanna, VA | $7K | 2023 |
| West Point Public SchoolsVARIOUS | West Point, VA | $6K | 2023 |
| Victory Junction Gang IncGENERAL PURPOSE | Randleman, NC | $5K | 2023 |
| Virginia Commonwealth University - Massey Cancer CenterGENERAL PURPOSE | Hampton, VA | $5K | 2023 |
| West Point Ministers AssociationGENERAL PURPOSE | West Point, VA | $5K | 2023 |
| Community Foundation Of Washington CountyTORNADO VICTIMS | Hagerstown, MD | $5K | 2023 |
| American Red CrossHAWAII RED CROSS FIRE RELIEF | Honolulu, HI | $5K | 2023 |
| International Medical CorpsMOROCCO RELIEF EFFORTS | Washington, DC | $5K | 2023 |
| Jewish Agency For Israel - UsGENERAL PURPOSE | New York, NY | $5K | 2023 |
| Mercy Medical AngelsGENERAL PURPOSE | Virginia Beach, VA | $5K | 2023 |
| Proclaiming Grace OutreachGENERAL PURPOSE | Barhamsville, VA | $5K | 2023 |
| Our Lady Of The Blessed Sacrament PreschoolGENERAL PURPOSE | West Point, VA | $5K | 2023 |
| Science Museum Of Virginia FoundationGENERAL PURPOSE | Richmond, VA | $5K | 2023 |
| Angels Of Mercy Medical ClinicGENERAL PURPOSE | Williamsburg, VA | $5K | 2023 |
| Beach Food Pantry IncGENERAL PURPOSE | Kill Devil Hills, NC | $5K | 2023 |
| Childrens Hospital FoundationGENERAL PURPOSE | Richmond, VA | $5K | 2023 |
| Childrens Hospital Of The Kings DaughtersGENERAL PURPOSE | Norfolk, VA | $5K | 2023 |
| Doctors Without BordersGAZA | New York, NY | $5K | 2023 |
| FeedmoreGENERAL PURPOSE | Richmond, VA | $5K | 2023 |
| Friends Of Pitt County Animal ShelterGENERAL PURPOSE | Greenville, NC | $5K | 2023 |
| Gloucester-Mathews Care ClinicGENERAL PURPOSE | Hayes, VA | $5K | 2023 |
| Hands Across MathewsGENERAL PURPOSE | Mathews, VA | $5K | 2023 |
| Community Care Clinic Of DareGENERAL PURPOSE | Kitty Hawk, NC | $5K | 2023 |
| Rappahannock Community College - Nursing ProgramGENERAL PURPOSE | Warsaw, VA | $5K | 2023 |
| Spay Today IncGENERAL PURPOSE | Greenville, NC | $5K | 2023 |
| The DoorwaysGENERAL PURPOSE | Richmond, VA | $5K | 2023 |
| The Menokin FoundationGENERAL PURPOSE | Warsaw, VA | $5K | 2023 |
| Remote Area MedicalGENERAL PURPOSE | Rockford, TN | $5K | 2023 |
| Boykin Spaniel FoundationGENERAL PURPOSE | Camden, SC | $5K | 2023 |
| Outer Banks SpcaGENERAL PURPOSE | Maneo, NC | $5K | 2023 |
| The Cornerstone Community Development CenterGENERAL PURPOSE | Aylett, VA | $5K | 2023 |
| Virginia Institute Of Marine Science FoundationGENERAL PURPOSE | Gloucester Point, VA | $5K | 2023 |
| Bridges Of ChangeGENERAL PURPOSE | New Kent, VA | $5K | 2023 |
| West Point Schools Combined PtoGENERAL PURPOSE | West Point, VA | $3K | 2023 |