Katherine Olson Foundation is a private foundation focused on Youth Development, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $224K in total assets. In 2024, it awarded 5 grants totaling $31K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$224K
-5.1% YoY
Annual Giving
$31K
+158.3% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$6K
+55.0% YoY
Under IRS private-foundation payout rules, Katherine Olson Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Katherine Olson Foundation
Based on IRS filings
Katherine Olson Foundation is a private foundation focused on Youth Development, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $224K in total assets. In 2024, it awarded 5 grants totaling $31K. Net investment income was $21K.
Focus Areas
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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 | $223,750 | $235,866 | $248,765 |
| Revenue | $23,413 | $5,489 | $13,718 |
| Expenses | $35,529 | $18,388 | $26,353 |
| Qualifying Distributions | $31,000 | $12,000 | $15,000 |
| Net Investment Income | $20,632 | $3,417 | $6,581 |
| Distributable Amount | $11,929 | $11,992 | $12,927 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kuow ($10,000), Cascade Public Media ($10,000), Virginia V Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| KUOW Seattle, WA | Support of public charity | $10,000 |
| Virginia V Foundation Seattle, WA | Support of public charity | $5,000 |
| AARP Foundation Washington, DC | Support of public charity programs | $5,000 |
| Cascade Public Media Seattle, WA | Support of public charity programs | $10,000 |
| Lake Union Civic Orchestra Seattle, WA | Support of public charity programs | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carol Olson | Director | 1 | — |
| Tom Olson | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Katherine Olson Foundation?
Katherine Olson Foundation is a private foundation focused on Youth Development, based in SEATTLE, WA. It holds $224K in total assets as of 2024.
How large is Katherine Olson Foundation?
As of 2024, Katherine Olson Foundation holds $224K in total assets with $23K in annual revenue. It awarded 5 grants totaling $31K in 2024.
Where does Katherine Olson Foundation operate?
Katherine Olson Foundation has awarded grants in District of Columbia, Oregon, Utah, Washington.
What size grants does Katherine Olson Foundation award?
In 2024, Katherine Olson Foundation awarded 5 grants totaling $31K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Katherine Olson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Katherine Olson Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Katherine Olson Foundation's EIN?
Katherine Olson Foundation's EIN (Employer Identification Number) is 91-1703239. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Katherine Olson Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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