Olsson Foundation Inc
Olsson Foundation Inc is a private foundation based in Lincoln, Nebraska. Its 2025 filing states that it makes grants to 501(c)(3) organizations and has no direct charitable activities.
Olsson Foundation Inc at a glance
In short: Olsson Foundation Inc gave $883K across 22 grants in 2025 (avg $40K), mostly in Nebraska. 45% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $882,719
- +131.0% vs 2024
- Grants made (2025)
- 22
- +0.0% vs 2024
- Average grant
- $40,124
- +131.0% vs 2024
- Median grant
- $2,500
- Total assets
- $3,539,598
- +9.9% vs 2024
- New grantees (estimate)
- 45% first-time grantees (10 of 22, 2025; small sample)
- Primary geography
- Nebraska (93% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Olsson Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 84608, Lincoln, NE 68501-4608
Phone: (402) 499-3819
Website: https://olsson.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Olsson Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Neb FD ($800K). Together the top 10 received $850K.
Organizations only. It also paid 1 grant to individuals ($6,667), which are not listed by name.
Grant Size Distribution
113 grants across all recorded years
The most common grant size was under $50K: 107 grants of 113 (95%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that 93% of grant dollars went to recipients in Nebraska. It also lists shares of 1% each for Colorado, Arizona, Missouri, and Oklahoma. The reported grants include recipients in additional states, such as Iowa and Arkansas.
Grant Distribution by State
Share of 2025 grant dollars across all 22 itemized grants.
States
Cities
Is Olsson Foundation Inc open to new grantees?
45%
first-time grantees, 2025
In 2025, 10 of 22 grantees (45%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $2K; repeat grants $72K. How we count
Medians: $3K first-time, $7K repeat.
- 50% of 2025 grantees were also funded in 2024. Method
- Giving grew 135% from 2022 to 2025. Method
- In 2025 it paid out 565% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $343K (2020) to $883K (2025). In 2025 it made 22 grants totaling $883K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Neb FD Lincoln, NE | Student and Faculity Programs for Engineers | $800,000 |
| 1 grant to individuals Recipients not named | — | $6,667 |
| Ace Mentor Program of Central Iowa Urbandale, IA | Mentoring for Young Adults | $6,667 |
| Denver Urban Gardners Denver, CO | Mentoring Youthj | $6,667 |
| Girls Inc Omaha, NE | Mentoring Young Women | $6,667 |
| KC STEM Alliance Kansas City, MO | Mentoring on Math and Science | $6,667 |
| Keep Phoenix Beautiful Phoenix, AZ | Mentor Youth on Ecology | $6,667 |
| Arkansas Food Bank Little Rock, AR | Food for Poverty Level | $6,667 |
| Madonna Foundation Lincoln, NE | Rehabilitation Services to Physicaly Injured Peoples | $5,000 |
| Abide Omaha Omaha, NE | Revitalize Inner City Neighborhoods | $2,500 |
Ready to take the next step with Olsson Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,539,598 | $1,003,223 | $884,993 | $882,719 | 22 | $884,993 | $160,949 | $156,712 |
| 2024 | $3,221,366 | $756,519 | $384,381 | $382,149 | 22 | $384,381 | $77,287 | $131,891 |
| 2023 | $2,678,709 | $624,226 | $408,752 | $396,352 | 22 | $408,752 | $74,226 | $104,708 |
| 2022 | $2,051,478 | $483,324 | $385,332 | $375,016 | 24 | $385,332 | $83,324 | $1,797 |
| 2021 | $1,498,069 | $381,794 | $431,306 | $422,502 | 23 | $422,502 | $81,794 | $45,749 |
| 2020 | $1,245,886 | $354,107 | $349,208 | $342,667 | 20 | — | $29,107 | $50,034 |
Under IRS private-foundation payout rules, Olsson Foundation Inc reported a distributable amount of $157K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The grants reported for 2025 show support for a range of organizations and purposes, including engineering education, youth mentoring, environmental education, reading access, food assistance, rehabilitation services, and neighborhood revitalization. These are examples of funded organizations’ work, not a stated foundation mission. For example, DIBS for Kids describes its mission as helping schools provide children with in-home reading experiences on school nights; KEEP PHOENIX BEAUTIFUL describes community cleanup, sustainability education, tree planting, and community garden activities; and MENTOR Nebraska describes its work as increasing the number and quality of youth mentoring opportunities.
Grantmaking
In filing year 2025, the foundation reported 22 grants totaling $882,719. Grants ranged from $2,000 to $800,000, with a median of $2,500. The largest award was $800,000 to UNIVERSITY OF NEB FD in Lincoln for student and faculty programs for engineers. Other reported grants included $6,667 to GIRLS INC for mentoring young women, $6,667 to KC STEM ALLIANCE for math and science mentoring, $2,500 to DIBS for Kids for classroom books in North Omaha, and $2,000 to MENTOR NEBRASKA.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Brad Strittmatter as President, Sean Baker as SEC TREASUER, and John Olsson as Director.
Olsson Foundation Inc is led by Brad Strittmatter, President since 2021 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Brad Strittmatter
President
President Director → President, 2021
On filings since 2020
1 hr/week
No compensation reported
John Olsson
Director
On filings since 2020
1 hr/week
No compensation reported
Sean Baker
Secretary Treasuer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: Jeff Jenkins (2020–2024) — Secretary Treasuer
Data from IRS Form 990 filings, 2020–2025. "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 Olsson Foundation Inc
How much does Olsson Foundation Inc give each year?
Olsson Foundation Inc gave $883K across 22 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $382K across 22 grants.
What is Olsson Foundation Inc's typical grant size?
Olsson Foundation Inc's median grant in 2025 was $2,500, and its average grant was $40,124, across 22 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Olsson Foundation Inc that year got $2K on average.
Where does Olsson Foundation Inc give grants?
Olsson Foundation Inc gives mostly in Nebraska: 93% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Omaha, NE (4 grants), Lincoln, NE (2 grants), Phoenix, AZ (2 grants) and Kansas City, MO (2 grants).
Does Olsson Foundation Inc give general operating support?
Not in 2025: none of the 22 grants with a stated purpose on Olsson Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
Who are Olsson Foundation Inc's largest grantees?
Olsson Foundation Inc's largest 2025 grantees include University of Neb FD ($800,000), Ace Mentor Program of Central Iowa ($6,667) and Denver Urban Gardners ($6,667), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($6,667), which are not listed by name. Together they received 92% of its itemized 2025 grant dollars.
How large is Olsson Foundation Inc?
Olsson Foundation Inc reported $3.5M in total assets on its 2025 IRS Form 990-PF. It paid out $885K in qualifying distributions that year, against a required minimum of $157K (roughly 5% of its investment assets).
What does Olsson Foundation Inc fund?
The grants reported for 2025 show support for a range of organizations and purposes, including engineering education, youth mentoring, environmental education, reading access, food assistance, rehabilitation services, and neighborhood revitalization. See mission & focus areas ↑
How do I apply for a grant from Olsson Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Olsson Foundation Inc's EIN?
Olsson Foundation Inc's EIN (Employer Identification Number) is 47-1210501. IRS Form 990 filing data is available on this page for 2020–2025.
Does Olsson Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 19, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Olsson Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Olsson Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/olsson-foundation-inc-morg_9431b558275b44bbabe6a456f446a65b
BibTeX
@misc{grantable_471210501_2026,
author = {{Grantable}},
title = {{Olsson Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/olsson-foundation-inc-morg_9431b558275b44bbabe6a456f446a65b},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Olsson Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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