Karen Alice Nilsen Olsen is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARKER, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $474K in total assets. In 2024, it awarded 18 grants totaling $59K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$474K
-1.1% YoY
Annual Giving
$59K
-1.7% YoY
Grant Count
18
-5.3% YoY
Avg Grant Size
$3K
+3.8% YoY
Under IRS private-foundation payout rules, Karen Alice Nilsen Olsen reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
About Karen Alice Nilsen Olsen
Based on IRS filings
Karen Alice Nilsen Olsen is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARKER, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $474K in total assets. In 2024, it awarded 18 grants totaling $59K. Net investment income was $39K.
Focus Areas
Ready to take the next step with Karen Alice Nilsen Olsen?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $474,355 | $479,851 | $465,318 |
| Revenue | $86,233 | $74,080 | $-7,745 |
| Expenses | $76,729 | $74,547 | $86,784 |
| Qualifying Distributions | $59,000 | $60,000 | $60,000 |
| Net Investment Income | $39,393 | $14,867 | — |
| Distributable Amount | $29,700 | $24,957 | $27,900 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
88 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Leukemia & Lymphoma Society ($10,000), Boy Scouts of America Greater Colorado Council ($6,000), Anderson Family Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FOOD BANK OF THE ROCKIES DENVER, CO | PROVIDE FOOD TO THOSE IN NEED | $1,000 |
| AMATEUR RADIO RELAY ALOHA, OR | PROVIDES COMMUNICATION REPEATERS, RADIOS AND SUPPORT AT NO COST TO THE AMATEUR RADIO COMMUNITY | $2,000 |
| ANDERSON FAMILY FOUNDATION WELLINGTON, FL | PROVIDING COLLEGE SCHOLARSHIPS BASED ON COMMUNITY SERVICE, LEADERSHIP AND/OR PARTICIPATION IN HIGH SCHOOL OR CLUB ATHLETICS. | $5,000 |
| ARRL FOUNDATION NEWINGTON, CT | SUPPORTS THE AMATEUR RADIO COMMUNITY | $2,000 |
| BOY SCOUTS OF AMERICA GREATER COLORADO COUNCIL LAKEWOOD, CO | PREPARE YOUNG PEOPLE TO MAKE ETHICAL AND MORAL CHOICES IN THEIR LIVES | $6,000 |
| COLORADO CONNECTION REPEATERS INC DENVER, CO | SUPPORTS THE COLORADO EMERGENCY REPORTING NETWORK | $1,000 |
| DENVER ZOOLOGICAL FOUNDATION INC DENVER, CO | PROVIDE HOMES AND CARE FOR ANIMALS | $1,200 |
| K9'S FOR WARRIORS PONTE VEDRA, FL | PROVIDING HIGHLY TRAINED SERVICE DOGS TO WARRIORS | $1,000 |
| MAPLE VALLEY YOUTH SYMPHONY MAPLE VALLEY, WA | ENLIGHTEN THE MINDS OF YOUNG MUSICIANS, EMBRACE CREATIVITY, ACHIEVEE EXCELLENCE, NURTURE TALENTS AND GIVE BACK TO THE COMMUNITY. | $5,000 |
| OPERATION WARM PHILADELPHIA, PA | PROVIDES WARMTH, CONFIDENCE AND HOPE TO CHILDREN IN NEED THROUGH GIFTS OF WINTER COATS, FLU SHOTS AND NEW BOOKS | $800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN COREY | PRESIDENT / DIRECTOR | 1 | $2,500 |
| DAVID JOHNSTON | VICE PRESIDENT / DIRECTOR | 1 | $2,500 |
| BRAD JOHNSTON | SECRETARY / TREASURER / DI | 1 | $2,500 |
| LYNN STABEN | DIRECTOR | 1 | $2,500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Karen Alice Nilsen Olsen?
Karen Alice Nilsen Olsen is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARKER, CO. It holds $474K in total assets as of 2024.
How large is Karen Alice Nilsen Olsen?
As of 2024, Karen Alice Nilsen Olsen holds $474K in total assets with $86K in annual revenue. It awarded 18 grants totaling $59K in 2024.
Where does Karen Alice Nilsen Olsen operate?
Karen Alice Nilsen Olsen has awarded grants in California, Colorado, Connecticut, Florida, Idaho, Oregon, Pennsylvania, Washington.
What size grants does Karen Alice Nilsen Olsen award?
In 2024, Karen Alice Nilsen Olsen awarded 18 grants totaling $59K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Karen Alice Nilsen Olsen required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karen Alice Nilsen Olsen reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karen Alice Nilsen Olsen's EIN?
Karen Alice Nilsen Olsen's EIN (Employer Identification Number) is 46-3709161. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Karen Alice Nilsen Olsen's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Larimer County Farm Bureau
WELLINGTON, CO
Assets
$986K
Grants
1
Total Given
$16K
Knight Family Foundation
BASALT, CO
Assets
$9.6M
Grants
22
Total Given
$420K
Jumping Mouse Foundation
BOULDER, CO
Assets
$10.0M
Grants
19
Total Given
$700K
Delta Dental of Colorado
CENTENNIAL, CO
Assets
$106.6M
Grants
42
Total Given
$2.8M
German American Chamber of Commerce -
DENVER, CO
Assets
$2.8M
Grants
2
Total Given
$63K
Terra Foundation Inc
NIWOT, CO
Assets
$2.2M
Grants
3
Total Given
$82K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Karen Alice Nilsen Olsen on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Karen Alice Nilsen Olsen to a real strategy.