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Nancy Nichols Olson Foundtion is a private corporation based in ROCKFORD, IL. The foundation received its IRS ruling in 1997. It holds total assets of $121K. Annual income is reported at $80K. Total assets have decreased from $227K in 2011 to $174K in 2023. 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 2016 to 2023. The foundation primarily funds organizations in Illinois and Indiana. According to available records, Nancy Nichols Olson Foundtion has made 16 grants totaling $38K, with a median grant of $2K. The foundation has distributed between $18K and $20K annually from 2022 to 2023. Individual grants have ranged from $100 to $5K, with an average award of $2K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in Illinois and Indiana and Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$2K
Average Grant
$2K
Largest Grant
$5K
Based on 9 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.
Nancy Nichols Olson Foundtion primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in IL, IN, MN.
Nancy Nichols Olson Foundtion has distributed a total of $38K across 16 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $100 to $5K.
Nancy Nichols Olson Foundtion typically selects its grantees rather than accepting unsolicited proposals.
Nancy Nichols Olson Foundtion is headquartered in ROCKFORD, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nobel D Olson | DIRECTOR | $20K | $0 | $20K |
Total Giving
$40K
Total Assets
$174K
Fair Market Value
$286K
Net Worth
$174K
Grants Paid
$18K
Contributions
N/A
Net Investment Income
$32K
Distribution Amount
$13K
Total: $158K
Total Grants
16
Total Giving
$38K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Marsh Cemetary AssociationCIVIC | Rockford, IL | $5K | 2023 |
| Keith Country Day SchoolCIVIC | Rockford, IL | $5K | 2023 |
| Second Congregational ChurchCIVIC | Rockford, IL | $4K | 2023 |
| Children'S Cancer Research FundCIVIC | Minneapolis, MN | $2K | 2023 |
| Rosecrance FoundationCIVIC | Rockford, IL | $2K | 2023 |
| Shatter Our SilenceCIVIC | Rockford, IL | $500 | 2023 |
| Red Shed SchoolCIVIC | Roscoe, IL | $100 | 2023 |
| Rock Valley College FoundationCIVIC | Rockford, IL | $5K | 2022 |
| Blackhawk Valley Region Boy ScoutsCIVIC | Rockford, IL | $3K | 2022 |
| Alpha Tau Omega FoundationCHARITY | Indianapolis, IN | $2K | 2022 |
| Gigi'S PlayhouseCIVIC | Machesney Park, IL | $1K | 2022 |