Olgoonik Foundation
Olgoonik Foundation is a private foundation based in Anchorage, Alaska. It supports education for eligible Olgoonik Corporation shareholders and descendants, including scholarships for post-secondary study; its website also describes training awards for eligible shareholders and descendants.
Olgoonik Foundation at a glance
In short: Olgoonik Foundation gave $61K across 16 grants in 2025 (avg $4K), mostly in Alaska. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $60,735
- +23.5% vs 2024
- Grants made (2025)
- 16
- +45.5% vs 2024
- Average grant
- $3,796
- -15.1% vs 2024
- Median grant
- $3,625
- Total assets
- $242,785
- +6.3% vs 2024
- Primary geography
- Alaska (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Olgoonik Foundation
- How to Apply
-
The 2024 filing says to submit an application according to the foundation’s guidelines; the form is available upon request.
- Review Cycle
- The 2024 filing states that applications are due at the beginning of every academic school year.
- Deadline
- The 2024 filing states that applications are due at the beginning of every academic school year.
- Contact
Application contact: Olgoonik Foundation
Mailing address: 3201 C Street Suite 700, Anchorage, AK 99503
Phone: (907) 562-8728
Website: https://www.olgoonik.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Olgoonik Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Margaret Ahmaogak ($8K). Together the top 10 received $52K.
Grant Size Distribution
53 grants across all recorded years
The most common grant size was under $50K: 52 grants of 53 (98%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Alaska. The listed 2025 recipients were in Anchorage.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
States
Cities
How Olgoonik Foundation gives
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 625% of its IRS minimum distribution (the 5% rule). 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 2019 to 2025, annual grant giving ranged from $33K (2023) to $99K (2021). In 2025 it made 16 grants totaling $61K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Margaret Ahmaogak Anchorage, AK | Higher Education | $8,250 |
| Sadie Kautz Anchorage, AK | Higher Education | $7,734 |
| Kathleen Irizzary Anchorage, AK | Higher Education | $7,500 |
| Cassandra Kagak Anchorage, AK | Higher Education | $5,118 |
| Elena Bodfist Anchorage, AK | Higher Education | $5,000 |
| Donna Kagak Anchorage, AK | Higher Education | $4,377 |
| Lynelle Panik Anchorage, AK | Higher Education | $3,750 |
| Nancy Grant Anchorage, AK | Higher Education | $3,750 |
| Camryn Oktooliki Anchorage, AK | Higher Education | $3,500 |
| Serenity Aiken Anchorage, AK | Higher Education | $3,250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $242,785 | $61,800 | $65,283 | $60,735 | 16 | $65,283 | $10,440 |
| 2024 | $228,445 | $1,300 | $59,922 | $49,192 | 11 | $59,922 | $12,777 |
| 2023 | $287,044 | $55,350 | $40,200 | $33,250 | 9 | $40,200 | $12,306 |
| 2022 | $271,942 | $67,751 | $73,819 | $66,451 | 16 | $73,819 | $11,181 |
| 2021 | $277,962 | $101,300 | $106,609 | $99,231 | 1 | $106,609 | $10,859 |
| 2020 | $283,271 | $91,100 | $81,119 | $74,580 | 1 | — | $11,668 |
| 2019 | $278,890 | $21,768 | $69,292 | $57,071 | 1 | — | $14,158 |
Under IRS private-foundation payout rules, Olgoonik Foundation reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement is provided in the available materials. The foundation’s stated programs include scholarships for college and university study and training awards for eligible shareholders and descendants pursuing vocational, certification, or professional licensing programs. Its website describes terminally ill and bereavement assistance as another program.
Grantmaking
In filing year 2025, the foundation reported 16 grants totaling $60,735. Grant amounts ranged from $250 to $8,250, with a median of $3,625. The listed grants were for higher education and went to individual recipients. The largest reported awards were $8,250, $7,734, and $7,500.
The foundation’s 2024 filing says applicants must be Olgoonik Corporation shareholders or descendants, be enrolling or currently enrolled in an accredited college, university, trade, or vocational school, and be working toward a degree or certification useful in the Olgoonik family of companies. Applicants may not attend two separate schools for two separate programs at the same time. The filing says applications must follow the foundation’s guidelines and that the application form is available upon request. The foundation’s scholarship FAQ also describes eligibility requirements, including age, U.S. citizenship, enrollment in a qualifying degree program, and passing grades. For returning scholarship students, its 2025 FAQ lists an intent-to-continue email, class schedule, budget forecast, and student account as required materials.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Carrie Tosoni as board chairman and Michael Mora and Jill Rodgers as board directors.
Olgoonik Foundation is led by Carrie Tosoni, Board Chairman on every filing since 2024; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carrie Tosoni
Board Chairman
On filings since 2024
1 hr/week
No compensation reported
Michael Mora
Board Director
On filings since 2019
No compensation reported
Jill Rodgers
Board Director
On filings since 2022
No compensation reported
Former officers (2)
- Former: Dixie Retherford (2019–2023) — Board Chairman
- Former: Steve Macrae (2019–2021) — Board Director
Data from IRS Form 990 filings, 2019–2025. "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 Olgoonik Foundation
How much does Olgoonik Foundation give each year?
Olgoonik Foundation gave $61K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $49K across 11 grants.
What is Olgoonik Foundation's typical grant size?
Olgoonik Foundation's median grant in 2025 was $3,625, and its average grant was $3,796, across 16 grants on its 2025 IRS Form 990-PF.
Where does Olgoonik Foundation give grants?
Olgoonik Foundation gives mostly in Alaska: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Anchorage, AK (16 grants).
Does Olgoonik Foundation give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on Olgoonik Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Higher Education" (16 grants).
Who are Olgoonik Foundation's largest grantees?
Olgoonik Foundation's largest 2025 grantees include Margaret Ahmaogak ($8,250), Sadie Kautz ($7,734) and Kathleen Irizzary ($7,500), according to its 2025 IRS Form 990-PF. Together they received 39% of its itemized 2025 grant dollars.
How large is Olgoonik Foundation?
Olgoonik Foundation reported $243K in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
What does Olgoonik Foundation fund?
No mission statement is provided in the available materials. The foundation’s stated programs include scholarships for college and university study and training awards for eligible shareholders and descendants pursuing vocational, certification, or professional licensing programs. See mission & focus areas ↑
How do I apply for a grant from Olgoonik Foundation?
The 2024 filing says to submit an application according to the foundation’s guidelines; the form is available upon request. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Olgoonik Foundation's EIN?
Olgoonik Foundation's EIN (Employer Identification Number) is 46-4534280. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 19, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 19, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 4, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 12, 2026)
- IRS filings on file for fiscal years 2019–2025
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