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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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