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The Olseth Foundation Dba The Olseth Family Foundation is a private corporation based in HOPKINS, MN. The foundation received its IRS ruling in 1998. The principal officer is Margaret A Cronin. It holds total assets of $18.5M. Annual income is reported at $4.3M. Total assets have grown from $663K in 2011 to $19M in 2023. 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 2020 to 2023. The foundation primarily funds organizations in Minnesota and Oregon. According to available records, The Olseth Foundation Dba The Olseth Family Foundation has made 197 grants totaling $3.6M, with a median grant of $10K. The foundation has distributed between $907K and $1.8M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.8M distributed across 94 grants. Individual grants have ranged from $1K to $100K, with an average award of $19K. The foundation has supported 73 unique organizations. The foundation primarily supports organizations in Minnesota, Oregon, District of Columbia, which account for 92% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$16K
Largest Grant
$100K
Based on 58 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.
The Olseth Foundation Dba The Olseth Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 197 grants. Its grantmaking reaches organizations primarily in MN, OR, DC.
The Olseth Foundation Dba The Olseth Family Foundation has distributed a total of $3.6M across 197 grants. The median grant size is $10K, with an average of $19K. Individual grants have ranged from $1K to $100K.
The Olseth Foundation Dba The Olseth Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Olseth Foundation Dba The Olseth Family Foundation is headquartered in HOPKINS, MN. While based in MN, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jon P Olseth | VICE-PRESIDENT/SECRETARY | $105K | $6K | $111K |
| Karen L Solomon | TREASURER | $105K | $6K | $111K |
| Cheryl A Olseth | PRESIDENT | $105K | $6K | $111K |
| Margaret Cronin | ADMINISTRATIVE OFFICER | $0 | $0 | N/A |
Total Giving
$1.5M
Total Assets
$19M
Fair Market Value
$27M
Net Worth
$19M
Grants Paid
$907K
Contributions
N/A
Net Investment Income
$995K
Distribution Amount
$1.3M
Total: $9.2M
Total Grants
197
Total Giving
$3.6M
Average Grant
$19K
Median Grant
$10K
Unique Recipients
73
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| World Wildlife Fund Inc (Wwf)OPERATING | Washington, DC | $100K | 2023 |
| Recharge America IncAMERICA/ MINNESOTA/ MANKATO | Fairfax, CA | $90K | 2023 |
| St Olaf CollegeSCHOLARSHIP FUND | Northfield, MN | $60K | 2023 |
| Advocates For Human RightsOPERATING ($37,500), UN ADVOCACY TRIP ($4,500), WOMEN'S RIGHTS PROGRAM ($7,500) | Minneapolis, MN | $50K | 2023 |
| Planned Parenthood North Central StatesMETRO TEEN COUNCIL ($20,000); UPTOWN CLINIC ($20,000) | St Paul, MN | $40K | 2023 |
| Greater Mankato Area United Way IncOPERATING ($20,000), BOOKS FOR KIDS PROGRAM ($17,300), KINDNESS BOOK PROJECT ($2,000) | Mankato, MN | $39K | 2023 |
| Oregon Natural Resources Council Fund (Oregon Wild)OPERATING | Portland, OR | $35K | 2023 |
| Path Home (Formerly Phfs)GENERAL OPERATING ($20,000); PREVENTION PROGRAM ($10,000) | Portland, OR | $30K | 2023 |
| The Library Foundation Inc Serving The People Of Multnomah CountyOPERATING | Portland, OR | $30K | 2023 |
| Mankato Area FoundationOPERATING ($20,000); RECHARGE FUND ($5,000) | Mankato, MN | $25K | 2023 |
| Oregon Wildlife FoundationWILDLIFE FEASIBILITY STUDY | Portland, OR | $25K | 2023 |
| Oregon Food Bank IncOPERATING | Portland, OR | $20K | 2023 |
| Friends Of Saturday AcademySCHOOL RESIDENCY CLASSES | Portland, OR | $20K | 2023 |
| Steger Center For Innovation & LeadershipOPERATING | St Paul, MN | $20K | 2023 |
| Jungle TheaterOPERATING | Minneapolis, MN | $20K | 2023 |
| Friends Of The Hennepin County LibraryOPERATING | Minneapolis, MN | $20K | 2023 |
| Meals On Wheels People IncOPERATING | Portland, OR | $20K | 2023 |
| Planned Parenthood Columbia WillametteOPERATING | Portland, OR | $20K | 2023 |
| People Serving People IncOPERATING | Minneapolis, MN | $20K | 2023 |
| University Of Minnesota FoundationRAPTOR CENTER FUND ($5,000); CENTER FOR FOREST ECOLOGY ($10,000), FUND FOR EXCELLENCE IN EDUCATION ($4,477) | Minneapolis, MN | $19K | 2023 |
| Playwright'S CenterOPERATING | Minneapolis, MN | $15K | 2023 |
| PearOPERATING | Portland, OR | $15K | 2023 |
| Committee Against Domestic Abuse Inc (Cada)OPERATING | Mankato, MN | $15K | 2023 |
| Minnesota State University Mankato Foundation IncorporatedSTUDENT SCHOLARSHIPS ($5,000); AUTOMOTIVE TECHNOLOGY ($5,000); THEATRE ($2,000) | Mankato, MN | $12K | 2023 |
| Oregon Public BroadcastingOPERATING | Portland, OR | $10K | 2023 |
| Feeding Our Communities PartnersBACKPACK FOOD PROGRAM | Mankato, MN | $10K | 2023 |
| Fresh EnergyOPERATING | St Paul, MN | $10K | 2023 |
| The History Theatre IncOPERATING | St Paul, MN | $10K | 2023 |
| Multnomah Arts Center AssociationART PODS | Portland, OR | $10K | 2023 |
| Whitefish Skatepark AssociationOPERATING | Columbia Falls, MT | $10K | 2023 |
| Children'S Museum Of Southern MinnesotaOPERATING | Mankato, MN | $10K | 2023 |
| The Nature ConservancyNATURAL CLIMATE SOLUTIONS | Minneapolis, MN | $10K | 2023 |
| Riverland Community College FoundationSCHOLARSHIPS ($5,000); THEATER ($2,000) | Austin, MN | $7K | 2023 |
| Neighborhood House IncOPERATING | Portland, OR | $5K | 2023 |
| Mankato Youth Place Inc (My Place)OPERATING | Mankato, MN | $5K | 2023 |
| Council Of Contributors IncOPERATING | Minneapolis, MN | $5K | 2023 |
| Living Earth CenterOPERATING | Mankato, MN | $5K | 2023 |
| Minnesota Engagement On Shelter & HousingOPERATING | Minneapolis, MN | $5K | 2023 |
| Klamath-Siskiyou Wildlands Center (Ks Wild)OPERATING | Ashland, OR | $5K | 2023 |
| Emergency Community Help Organization EchoOPERATING | Mankato, MN | $5K | 2023 |
| Giving Voice InitiativeOPERATING | Bloomington, MN | $5K | 2023 |
| American Civil Liberties Foundation Of Oregon IncOPERATING | Portland, OR | $5K | 2023 |
| University Of Wisconsin FoundationPREDATOR RESEARCH | Madison, WI | $5K | 2023 |
| Off The Blue CouchOPERATING | Minneapolis, MN | $5K | 2023 |
| Fort Lewis College FoundationOPERATING | Durango, CO | $5K | 2023 |