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Jeannette And Curt Olson Foundation is a private corporation based in GRANITE FALLS, MN. The foundation received its IRS ruling in 2011. The principal officer is Craig Erickson. It holds total assets of $2.2M. Annual income is reported at $433K. Total assets have grown from $166K in 2011 to $2.2M in 2024. 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 2015 to 2024. Grantmaking is concentrated in Minnesota. According to available records, Jeannette And Curt Olson Foundation has made 34 grants totaling $234K, with a median grant of $4K. Individual grants have ranged from $1K to $20K, with an average award of $7K. The foundation has supported 15 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$6K
Largest Grant
$20K
Based on 19 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.
Jeannette And Curt Olson Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in MN.
Jeannette And Curt Olson Foundation has distributed a total of $234K across 34 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $1K to $20K.
Jeannette And Curt Olson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jeannette And Curt Olson Foundation is headquartered in GRANITE FALLS, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brad Peterson | SECRETARY | $0 | $0 | N/A |
| Spencer H Kvam | PRESIDENT | $0 | $0 | N/A |
| John Virnig | VICE-PRESIDE | $0 | $0 | N/A |
| Barry Evenstad | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.2M
Fair Market Value
N/A
Net Worth
$2.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
34
Total Giving
$234K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
15
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Of Granite FallsRECREATION FIELDS | Granite Falls, MN | $20K | 2022 |
| Yellow Medicine EastSCHOLARSHIPS TO HIGH SCHOOL SENIORS | Granite Falls, MN | $20K | 2022 |
| Neighbors United Resource CenterFEED THE NEEDY | Granite Falls, MN | $15K | 2022 |
| Granite Area Arts CouncilOPERATING EXPENSES | Granite Falls, MN | $9K | 2022 |
| Granite Falls Lutheran ChurchOPERATIONAL EXPENSES | Granite Falls, MN | $5K | 2022 |
| Granite Falls CongregationalOPERATIONAL EXPENSES | Granite Falls, MN | $5K | 2022 |
| Granite Falls Living AtHEALTH SERVICES TO ELDERLY RESIDENTS | Granite Falls, MN | $5K | 2022 |
| Minnesota West FoundationSCHOLARSHIPS | Canby, MN | $4K | 2022 |
| Granite Falls Historical SocietyCHARITABLE ACTIVITIES | Granite Falls, MN | $3K | 2022 |
| Project TurnaboutCHARITABLE ACTIVITIES | Granite Falls, MN | $3K | 2022 |
| The Yes HouseCHARITABLE ACTIVITIES | Granite Falls, MN | $3K | 2022 |
| United Way Of Sw MinnesotaCHARITABLE PURPOSE | Marshall, MN | $2K | 2022 |
| The Salvation ArmyASSIST THE NEEDY | Roseville, MN | $2K | 2022 |
| Yellow Medicine CountyOPERATIONAL EXPENSES | Granite Falls, MN | $2K | 2022 |
| Pioneer PbsOPERATING EXPENSES | Granite Falls, MN | $1K | 2022 |