Donald and Maureen Olson Charitable Trust
Donald and Maureen Olson Charitable Trust is a private foundation, based in Saint Louis, MO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 6 grants totaling $75K. Net investment income was $45K.
Donald and Maureen Olson Charitable Trust at a glance
In short: Donald and Maureen Olson Charitable Trust gave $75K across 6 grants in 2025 (avg $13K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $75,000
- -14.8% vs 2024
- Grants made (2025)
- 6
- +0.0% vs 2024
- Average grant
- $12,500
- -14.8% vs 2024
- Median grant
- $13,125
- Total assets
- $1,517,611
- -2.2% vs 2024
- Primary geography
- Minnesota (80% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Donald and Maureen Olson Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Grace Lutheran Church ($19K). Together the top 6 received $75K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 32 grants of 32 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How Donald and Maureen Olson Charitable Trust gives
- Giving held roughly steady from 2022 to 2025 (−19%). Method
- In 2025 it paid out 92% 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
From 2020 to 2025, annual grant giving ranged from $60K (2020) to $92K (2022). In 2025 it made 6 grants totaling $75K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grace Lutheran Church Andover, MN | General Support | $18,750 |
| The Salvation Army Hoffman Estates, IL | General Support | $15,000 |
| Animal Humane Society Minneapolis, MN | General Support | $15,000 |
| Golden Fleece LDG 89 Charitable Fdn Litchfield, MN | General Support | $11,250 |
| Twin Cities Public Television Inc St. Paul, MN | General Support | $7,500 |
| Meeker County Historical Society Litchfield, MN | General Support | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,517,611 | $68,332 | $102,231 | $75,000 | 6 | $78,682 | $45,298 | $85,293 |
| 2024 | $1,551,208 | $51,702 | $112,977 | $88,000 | 6 | $91,440 | $32,457 | $81,177 |
| 2023 | $1,612,145 | $43,449 | $105,792 | $81,789 | 8 | $85,183 | $27,682 | $79,307 |
| 2022 | $1,674,505 | $-4,964 | $121,029 | $92,026 | 6 | $95,516 | $19,613 | $85,279 |
| 2021 | $1,800,912 | $195,277 | $111,154 | $81,263 | 6 | $85,011 | $170,283 | $95,773 |
| 2020 | $1,716,367 | $116,205 | $88,516 | $60,000 | 6 | — | $93,368 | $88,198 |
Under IRS private-foundation payout rules, Donald and Maureen Olson Charitable Trust reported a distributable amount of $85K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Donald and Maureen Olson Charitable Trust's only listed officer is Wells Fargo Bank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Wells Fargo Bank N A
Trustee
On filings since 2020
1 hr/week
$25K (2020) → $25K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $25K, to Wells Fargo Bank N a (Trustee).
Frequently asked questions about Donald and Maureen Olson Charitable Trust
How much does Donald and Maureen Olson Charitable Trust give each year?
Donald and Maureen Olson Charitable Trust gave $75K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $88K across 6 grants.
What is Donald and Maureen Olson Charitable Trust's typical grant size?
Donald and Maureen Olson Charitable Trust's median grant in 2025 was $13,125, and its average grant was $12,500, across 6 grants on its 2025 IRS Form 990-PF.
Where does Donald and Maureen Olson Charitable Trust give grants?
Donald and Maureen Olson Charitable Trust gives mostly in Minnesota: 80% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Illinois (20%). The most frequent recipient cities were Litchfield, MN (2 grants).
Does Donald and Maureen Olson Charitable Trust give general operating support?
Yes: 100% of Donald and Maureen Olson Charitable Trust's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Donald and Maureen Olson Charitable Trust's largest grantees?
Donald and Maureen Olson Charitable Trust's largest 2025 grantees include Grace Lutheran Church ($18,750), The Salvation Army ($15,000) and Animal Humane Society ($15,000), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.
How large is Donald and Maureen Olson Charitable Trust?
Donald and Maureen Olson Charitable Trust reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $79K in qualifying distributions that year, against a required minimum of $85K (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.
What is Donald and Maureen Olson Charitable Trust's EIN?
Donald and Maureen Olson Charitable Trust's EIN (Employer Identification Number) is 36-7674923. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2020–2024
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