Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Olga B Hart Education Foundation is a private trust based in TWO HARBORS, MN. The foundation received its IRS ruling in 2001. The principal officer is Robert J Wasko. It holds total assets of $4.7M. Annual income is reported at $996K. 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. Grantmaking is concentrated in Minnesota. According to available records, Olga B Hart Education Foundation has made 77 grants totaling $897K, with a median grant of $9K. The foundation has distributed between $207K and $460K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $460K distributed across 40 grants. Individual grants have ranged from $2K to $25K, with an average award of $12K. The foundation has supported 34 unique organizations. Grants have been distributed to organizations in Minnesota and Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$7K
Average Grant
$10K
Largest Grant
$25K
Based on 20 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.
Olga B Hart Education Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 77 grants. Its grantmaking reaches organizations primarily in MN, IA.
Olga B Hart Education Foundation has distributed a total of $897K across 77 grants. The median grant size is $9K, with an average of $12K. Individual grants have ranged from $2K to $25K.
Olga B Hart Education Foundation typically selects its grantees rather than accepting unsolicited proposals.
Olga B Hart Education Foundation is headquartered in TWO HARBORS, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert J Wasko | Trustee | $60K | $0 | $60K |
Total Giving
$302K
Total Assets
$4.8M
Fair Market Value
$4.2M
Net Worth
$4.8M
Grants Paid
$230K
Contributions
N/A
Net Investment Income
$142K
Distribution Amount
$205K
Total: N/A
Total Grants
77
Total Giving
$897K
Average Grant
$12K
Median Grant
$9K
Unique Recipients
34
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Luther SeminaryFor educational purposes | St Paul, MN | $25K | 2023 |
| U Of M Foundation BaseballFor educational purpose | Minneapolis, MN | $25K | 2023 |
| Lcms Mn So DistFor educational purspose | Burnsville, MN | $25K | 2023 |
| Scsu FoundationFor educational purposes | Saint Cloud, MN | $25K | 2023 |
| So St Paul Ed FdFor educational purposes | St Paul, MN | $18K | 2023 |
| Dollars For ScholarsFor educational purposes | Madison, MN | $15K | 2023 |
| St Paul Public SchoolsFor educational purposes | St Paul, MN | $14K | 2023 |
| Ebenzer FoundationFor educational purpose | Minneapolis, MN | $12K | 2023 |
| Pic Lutheran ChurchFor educational purpose | Hermantown, MN | $10K | 2023 |
| Ascension Cath SchoolFor educational purposes | Minneapolis, MN | $9K | 2023 |
| U Of M Torske KlubbenFor educational purposes | Minneapolis, MN | $9K | 2023 |
| Camp OmegaFor educational purposes | Waterville, MN | $7K | 2023 |
| Trinity Loan Oak SchoolFor educational purposes | Eagan, MN | $7K | 2023 |
| Udac IncFor educational purposes | Duluth, MN | $6K | 2023 |
| Mn Adult Teen ChallengeFor educational purposes | Duluth, MN | $6K | 2023 |
| Choice UnlimitedEducation | Duluth, MN | $6K | 2023 |
| St Olaf CollegeFor educational purposes | Northfield, MN | $5K | 2023 |
| Wartburg Theological SeminaryFor educational purposes | Dubuque, IA | $5K | 2023 |
| Msl NorthlandFor educational purposes | Dultuh, MN | $2K | 2023 |
| Mpls Southwest Hs FdFor educational purposes | Minneapolis, MN | $10K | 2022 |
| Duluth Choice UnlimitedFor educational purposes | Duluth, MN | $6K | 2022 |