Bart and Char Olson Foundation

Private foundation · Grantmaker Merrimac, WI EIN: 39-6702648

Bart and Char Olson Foundation is a private foundation, based in Merrimac, WI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $191K in total assets. In 2024, it awarded 2 grants totaling $5K. Net investment income was $8K.

Bart and Char Olson Foundation at a glance

In short: Bart and Char Olson Foundation gave $5K across 2 grants in 2024 (avg $3K), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$5,000
+0.0% vs 2023
Grants made (2024)
2
+0.0% vs 2023
Average grant
$2,500
+0.0% vs 2023
Median grant
$2,500
Total assets
$191,106
+1.1% vs 2023
Primary geography
Wisconsin (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who Bart and Char Olson Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Merrimac United Methodist Church: $3KMerrimac United MethodistChurch$3KRiverland Conservancy: $3KRiverland Conservancy$3K

The largest 2024 recipient was Merrimac United Methodist Church ($3K). Together the top 2 received $5K.

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

MerrimacSauk CityPrairie Du SacMadison

How Bart and Char Olson Foundation gives

  • Giving grew 1900% from 2021 to 2024. Method
  • In 2024 it paid out 48% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K2 grants2019 3 grants2020 3 grants2021 1 grant2022 2 grants2023 2 grants2024

From 2019 to 2024, annual grant giving ranged from $250 (2021) to $21K (2019). In 2024 it made 2 grants totaling $5K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Merrimac United Methodist Church Merrimac, WICharitable$2,500
Riverland Conservancy Madison, WICharitable$2,500
Your AI grants department

Ready to take the next step with Bart and Char Olson Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$191,106$7,812$5,739$5,0002$5,000$7,712$10,460
2023$189,033$9,358$6,599$5,0002$5,000$7,189$11,643
2022$185,669$-42,461$6,484$5,0001$5,000$1,339$11,508
2021$235,604$3,903$912$2503$250$1,354$11,525
2020$232,613$7,245$6,659$5,3503—$5,732$11,402
2019$232,027$896$21,086$21,0002—$959$13,680

Under IRS private-foundation payout rules, Bart and Char Olson Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Bart and Char Olson Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Bartlett Olson

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Char Olson

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kirk Olson

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Bart and Char Olson Foundation

How much does Bart and Char Olson Foundation give each year?

Bart and Char Olson Foundation gave $5K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 2 grants.

How large is Bart and Char Olson Foundation?

Bart and Char Olson Foundation reported $191K in total assets on its 2024 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Bart and Char Olson Foundation operate?

Bart and Char Olson Foundation has awarded grants in Wisconsin.

What is Bart and Char Olson Foundation's EIN?

Bart and Char Olson Foundation's EIN (Employer Identification Number) is 39-6702648. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 6, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 29, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 7, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 28, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 29, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 5, 2025)
  7. IRS filings on file for fiscal years 2019–2024

Bart and Char Olson Foundation down — hundreds of funders to go?

Want AI to do this for you?