Pearl Olsen Charitable Trust

HUNTINGTON BEACH, CA EIN: 47-6274930

Pearl Olsen Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUNTINGTON BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $84K. Net investment income was $21K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-6.3% YoY

Annual Giving

$84K

-9.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$84K

-9.1% YoY

Under IRS private-foundation payout rules, Pearl Olsen Charitable Trust reported a distributable amount of $88K for 2024 — the minimum it must pay out in qualifying distributions.

About Pearl Olsen Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $439K (100%)

States

Washington

Cities

Seattle

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,084,992	$1,157,920	$1,223,960
Revenue	$36,215	$40,268	$-23,623
Expenses	$107,506	$114,683	$116,884
Qualifying Distributions	$107,506	$114,683	$92,145
Net Investment Income	$20,795	$23,992	$10,713
Distributable Amount	$88,323	$82,794	$86,009

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Seattle Pacific Foundation ($83,758).

Recipient	Purpose	Amount
SEATTLE PACIFIC FOUNDATION Seattle, WA	GENERAL OPERATING	$83,758

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DENNIS PETERSON	TRUSTEE	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Pearl Olsen Charitable Trust?

Pearl Olsen Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUNTINGTON BEACH, CA. It holds $1.1M in total assets as of 2024.

How large is Pearl Olsen Charitable Trust?

As of 2024, Pearl Olsen Charitable Trust holds $1.1M in total assets with $36K in annual revenue. It awarded 1 grants totaling $84K in 2024.

Where does Pearl Olsen Charitable Trust operate?

Pearl Olsen Charitable Trust has awarded grants in Washington.

What size grants does Pearl Olsen Charitable Trust award?

In 2024, Pearl Olsen Charitable Trust awarded 1 grants totaling $84K — an average of about $84K per grant, based on its IRS Form 990 filings.

How much is Pearl Olsen Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pearl Olsen Charitable Trust reported a distributable amount of $88K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.