Pete and Wilma Olsen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 11 grants totaling $140K. Net investment income was $134K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.8M
-0.7% YoY
Annual Giving
$140K
-3.4% YoY
Grant Count
11
-15.4% YoY
Avg Grant Size
$13K
+14.1% YoY
Under IRS private-foundation payout rules, Pete and Wilma Olsen Foundation reported a distributable amount of $117K for 2025 — the minimum it must pay out in qualifying distributions.
About Pete and Wilma Olsen Foundation
Based on IRS filings
Pete and Wilma Olsen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 11 grants totaling $140K. Net investment income was $134K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,809,275 | $1,822,810 | $1,735,275 |
| Revenue | $163,392 | $269,195 | $93,115 |
| Expenses | $176,927 | $181,660 | $160,183 |
| Qualifying Distributions | $142,615 | $148,735 | $128,440 |
| Net Investment Income | $134,080 | $236,270 | $57,472 |
| Distributable Amount | $116,898 | $110,264 | $107,164 |
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 2025
Grant Size Distribution
58 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Ronald Mcdonald House Charities of Western Washington & Alaska ($40,000), Benaroya Research Institute ($10,000), Camp Korey ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BENAROYA RESEARCH INSTITUTE SEATTLE, WA | GENERAL SUPPORT | $10,000 |
| CAMP KOREY MOUNT VERNON, WA | GENERAL SUPPORT | $10,000 |
| COAST GUARD FOUNDATION INC STONINGTON, CT | GENERAL SUPPORT | $10,000 |
| FRIENDS OF THE VA PUGET SOUND FISHER HOUSE SEATTLE, WA | GENERAL SUPPORT | $10,000 |
| MAKE A WISH FOUNDATION OF ALASKA & WASHINGTON (WESTERN WASHINGTON) SEATTLE, WA | GENERAL SUPPORT | $10,000 |
| MAKE A WISH FOUNDATION OF ALASKA & WASHINGTON (EASTERN WASHINGTON) SPOKANE, WA | GENERAL SUPPORT | $10,000 |
| RONALD MCDONALD HOUSE CHARITIES OF WESTERN WASHINGTON & ALASKA SEATTLE, WA | GENERAL SUPPORT | $40,000 |
| SHRINER'S CHILDREN HOSPITAL FOR CHILDREN (SPOKANE WA) SPOKANE, WA | GENERAL SUPPORT | $10,000 |
| WOUNDED WARRIOR PROJECT INC TOPEKA, KS | GENERAL SUPPORT | $10,000 |
| YOUNG LIFE BELLEVUE, WA | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARBARA R OLSEN | DIRECTOR | 1 | — |
| CYNTHIA ADAMS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pete and Wilma Olsen Foundation?
Pete and Wilma Olsen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. It holds $1.8M in total assets as of 2025.
How large is Pete and Wilma Olsen Foundation?
As of 2025, Pete and Wilma Olsen Foundation holds $1.8M in total assets with $163K in annual revenue. It awarded 11 grants totaling $140K in 2025.
Where does Pete and Wilma Olsen Foundation operate?
Pete and Wilma Olsen Foundation has awarded grants in Connecticut, Kansas, Washington.
What size grants does Pete and Wilma Olsen Foundation award?
In 2025, Pete and Wilma Olsen Foundation awarded 11 grants totaling $140K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Pete and Wilma Olsen Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Pete and Wilma Olsen Foundation reported a distributable amount of $117K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pete and Wilma Olsen Foundation's EIN?
Pete and Wilma Olsen Foundation's EIN (Employer Identification Number) is 91-2055630. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Pete and Wilma Olsen Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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