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Jeanne H Olofson Foundation is a private trust based in PALM BEACH, FL. The foundation received its IRS ruling in 2016. It holds total assets of $2.4M. Annual income is reported at $407K. The foundation is governed by 1 officer or trustee. 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 2017 to 2023. The foundation primarily funds organizations in Illinois, Missouri and Minnesota. According to available records, Jeanne H Olofson Foundation has made 46 grants totaling $466K, with a median grant of $5K. The foundation has distributed between $109K and $244K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $244K distributed across 20 grants. Individual grants have ranged from $200 to $70K, with an average award of $10K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Illinois, Missouri, Florida, which account for 83% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$6K
Largest Grant
$25K
Based on 8 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.
Jeanne H Olofson Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in IL, MO, FL.
Jeanne H Olofson Foundation has distributed a total of $466K across 46 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $200 to $70K.
Jeanne H Olofson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jeanne H Olofson Foundation is headquartered in PALM BEACH, FL. While based in FL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeanne H Olofson | TRUSTEE | $0 | $0 | N/A |
Total Giving
$141K
Total Assets
$2.4M
Fair Market Value
$2.6M
Net Worth
$2.4M
Grants Paid
$113K
Contributions
N/A
Net Investment Income
$47K
Distribution Amount
$124K
Total: $2.4M
Total Grants
46
Total Giving
$466K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
23
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Royal Poinciana ChapelOPERATIONS | Palm Beach, FL | $30K | 2023 |
| United WeOPERATIONS | Kansas City, MO | $25K | 2023 |
| IngenuityGENERAL PURPOSE | Chicago, IL | $3K | 2021 |
| 626 Landmark FoundationOPERATIONS | Chicago, IL | $25K | 2023 |
| North Shore ExchangeOPERATIONS | Glencoe, IL | $5K | 2023 |
| Hawaii Community FoundationOPERATIONS | Honolulu, HI | $5K | 2023 |
| Sisters Rising WorldwideOPERATIONS | St Paul, MN | $5K | 2023 |
| Trustees Of Princeton UniversityOPERATIONS | Princeton, NJ | $5K | 2023 |
| Henry Morrison Flagler MuseumOPERATIONS | Palm Beach, FL | $5K | 2023 |
| American Heart AssociationOPERATIONS | Chicago, IL | $4K | 2023 |
| Wayside WaifsOPERATIONS | Kansas City, MO | $2K | 2023 |
| Sisters Of St Joseph Of CarondeletOPERATIONS | Saint Louis, MO | $1K | 2023 |
| The Service Club Of ChicagoOPERATIONS | Chicago, IL | $1K | 2023 |
| Holly Jolly Sympathy FeteOPERATIONS | West Palm Beach, FL | $1K | 2023 |
| The Norton Museum Of ArtGENERAL PURPOSE | West Palm Beach, FL | $25K | 2022 |
| Skutt Catholic High SchoolGENERAL PURPOSE | Omaha, NE | $3K | 2022 |
| Women'S Athletic ClubGENERAL PURPOSE | Chicago, IL | $400 | 2022 |
| Fourth Presbyterian ChurchGENERAL PURPOSE | Chicago, IL | $70K | 2021 |
| Chicago LightsGENERAL PURPOSE | Chicago, IL | $5K | 2021 |
| The Norton CircleGENERAL PURPOSE | West Palm Beach, FL | $2K | 2021 |
| LuminartsGENERAL PURPOSE | Chicago, IL | $1K | 2021 |
| The Lyric Opera Of ChicagoGENERAL PURPOSE | Chicago, IL | $250 | 2021 |
| Joffrey BalletGENERAL PURPOSE | Chicago, IL | $200 | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL