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Lottie E Olberg Testamentary Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 1975. The principal officer is B Of A Nt & Sa Tree. It holds total assets of $555K. Annual income is reported at $199K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2024. The foundation primarily funds organizations in Minnesota, Florida and California. According to available records, Lottie E Olberg Testamentary Trust has made 21 grants totaling $128K, with a median grant of $3K. The foundation has distributed between $32K and $64K annually from 2022 to 2024. Grantmaking activity was highest in 2023 with $64K distributed across 10 grants. Individual grants have ranged from $500 to $11K, with an average award of $6K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Florida and Minnesota and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$5K
Largest Grant
$11K
Based on 6 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.
Lottie E Olberg Testamentary Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in FL, MN, CA.
Lottie E Olberg Testamentary Trust has distributed a total of $128K across 21 grants. The median grant size is $3K, with an average of $6K. Individual grants have ranged from $500 to $11K.
Lottie E Olberg Testamentary Trust typically selects its grantees rather than accepting unsolicited proposals.
Lottie E Olberg Testamentary Trust is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $10K | $0 | $10K |
Total Giving
N/A
Total Assets
$555K
Fair Market Value
N/A
Net Worth
$555K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
21
Total Giving
$128K
Average Grant
$6K
Median Grant
$3K
Unique Recipients
6
Most Common Grant
$3K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Minnesota Masonic CharitiesGENERAL OPERATING | Bloomington, MN | $11K | 2024 |
| Shriners Hospitals For ChildrenGENERAL OPERATING | Tampa, FL | $11K | 2024 |
| University Of Minnesota FoundationGENERAL OPERATING | Minneapolis, MN | $3K | 2024 |
| American Heart AssociationGENERAL OPERATING | St Petersburg, FL | $3K | 2024 |
| San Diego State Univ FoundationGENERAL OPERATING | San Diego, CA | $3K | 2024 |
| Regents Of The U Of MGENERAL OPERATING | Minneapolis, MN | $3K | 2023 |