Olson Family Foundation Inc
Olson Family Foundation Inc is a private family foundation based in Suquamish, Washington. Established in 2002, the foundation operates as a grantmaking organization dedicated to supporting charitable causes in specific geographic communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.8M
-2.9% YoY
Annual Giving
$2.0M
-8.3% YoY
Grant Count
55
+129.2% YoY
Avg Grant Size
$36K
-60.0% YoY
Under IRS private-foundation payout rules, Olson Family Foundation Inc reported a distributable amount of $2.2M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to develop relations with charitable organizations that serve local needs in education, family, health and wellness, enrichment, and environment. The foundation was created exclusively to provide financial assistance for religious, scientific, literary, or educational purposes, or the prevention of cruelty to animals or children within the United States or its possessions.
Primary funding areas include:
- Education
- Family support
- Health and wellness
- Environment
- Enrichment
Grantmaking
How to Apply
** The foundation accepts grant applications for projects implemented in and serving residents of their geographic focus areas.
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Geographic Focus
Where this funder awards grants
The foundation concentrates 100% of its funding in two primary regions:
- Omaha, Nebraska and surrounding communities
- Stanwood, Washington and surrounding communities
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $27,568,756 (as of most recent filing)
Total Annual Giving: $2,139,840 (2023)
Cumulative Giving: $81,248,423 awarded through 965 grants since 1992
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,756,320 | $27,568,756 | $28,661,134 |
| Revenue | $1,227,379 | $1,139,456 | $12,780,180 |
| Expenses | $2,039,815 | $2,231,834 | $1,710,647 |
| Qualifying Distributions | $1,962,158 | $2,139,840 | $1,610,250 |
| Net Investment Income | $1,164,440 | $1,064,026 | $1,340,235 |
| Distributable Amount | $2,193,142 | $1,743,982 | $1,219,867 |
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
125 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wings ($234,408), Wild Care Foundation ($120,000), Oklahoma Zoological Society ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A CHANCE TO CHANGE OKLAHOMA CITY, OK | GENERAL | $2,500 |
| BELLA FOUNDATION OKLAHOMA CITY, OK | GENERAL | $2,500 |
| BEST FRIENDS ANIMAL SOCIETY KANAB, UT | GENERAL | $27,000 |
| BLAZE'S TRIBUTE EQUINE RESCUE HARRAH, OK | GENERAL | $61,000 |
| CATO INSTITUTE WASHINGTON, DC | GENERAL | $34,750 |
| CITIZENS CARING FOR CHILDREN OKLAHOMA CITY, OK | GENERAL | $2,500 |
| DEFENDERS OF WILDLIFE WASHINGTON, DC | GENERAL | $7,000 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | GENERAL | $67,000 |
| ENVIRONMENTAL DEFENSE FUND WASHINGTON, DC | GENERAL | $54,000 |
| FOUNDATION FOR PRADER-WILLI RESEARCH PASADENA, CA | GENERAL | $33,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREGORY OLSON | SECRETARY/TREASURER/DIRECT | 0.5 | — |
| SANDRA J OLSON | PRESIDENT/DIRECTOR | 0.5 | — |
| DONNA COSSANDRA OLSON | HONORARY DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported notable programs and initiatives including:
**Little Arrowhead Nature Explore (L.A.N.E.)** - Located on Camano Island, Washington, supporting environmental education
**Connect Casino Road** - Based in Everett, Washington, supporting family and education initiatives
**Kindergarten Readiness Initiative** - Operating in Stanwood, Washington
The foundation has provided significant support to organizations including Siena Francis House in Omaha (supporting individuals experiencing homelessness) and TeamMates Mentoring (a school-based mentoring program that has served 43,000 matches since 1991).
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Olson Family Foundation Inc fund?
The foundation's mission is to develop relations with charitable organizations that serve local needs in education, family, health and wellness, enrichment, and environment. The foundation was created exclusively to provide financial assistance for religious, scientific, literary, or educational purposes, or the prevention of cruelty to animals or children within the United States or its possessions. Primary funding areas include: • Education • Family support • Health and wellness • Environment…
How do I apply for a grant from Olson Family Foundation Inc?
**Grant Amounts:** Grants typically range from $10,000 to $75,000, with historical awards ranging from $250 to $1,965,340. **Annual Giving:** The foundation awarded $2,139,840 in total giving based on the most recent IRS Form 990 filing (2023). Over its history, the foundation has awarded $81,248,423 through 965 grants. **Funding Cycle:** The foundation operates on an annual funding cycle running from January 1st to December 31st. The exact amount of funds available for awards and the number of…
Where does Olson Family Foundation Inc make grants?
The foundation concentrates 100% of its funding in two primary regions: • Omaha, Nebraska and surrounding communities • Stanwood, Washington and surrounding communities
What size grants does Olson Family Foundation Inc award?
In 2024, Olson Family Foundation Inc awarded 55 grants totaling $2.0M — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is Olson Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Olson Family Foundation Inc reported a distributable amount of $2.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Olson Family Foundation Inc's EIN?
Olson Family Foundation Inc's EIN (Employer Identification Number) is 35-2192036. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Olson Family Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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