Pete and Wilma Olsen Foundation
The Pete and Wilma Olsen Foundation is a private foundation based in Seattle, Washington. It gave $140,000 in grants to 11 organizations in filing year 2025, including charities serving children and families, veterans, and Coast Guard members.
Pete and Wilma Olsen Foundation at a glance
In short: Pete and Wilma Olsen Foundation gave $140K across 11 grants in 2025 (avg $13K), mostly in Washington. 9% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $140,000
- -3.4% vs 2024
- Grants made (2025)
- 11
- -15.4% vs 2024
- Average grant
- $12,727
- +14.1% vs 2024
- Median grant
- $10,000
- Total assets
- $1,809,275
- -0.7% vs 2024
- New grantees (estimate)
- 9% first-time grantees (1 of 11, 2025; small sample)
- Primary geography
- Washington (86% 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 Pete and Wilma Olsen Foundation
- 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: Co E Hedlund 2101 4Th Ave 930, Seattle, WA 98121
Phone: (206) 443-9017
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Pete and Wilma Olsen Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Ronald McDonald House Charities of Western Washington & Alaska ($40K). Together the top 10 received $130K.
Grant Size Distribution
58 grants across all recorded years
The most common grant size was under $50K: 58 grants of 58 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 86% of grant dollars went to recipients in Washington, 7% to recipients in Connecticut, and 7% to recipients in Kansas.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
Is Pete and Wilma Olsen Foundation open to new grantees?
9%
first-time grantees, 2025
In 2025, 1 of 11 grantees (9%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $10K; repeat grants $13K. How we count
Medians: $10K first-time, $10K repeat.
- 82% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+8%). Method
- In 2025 it paid out 122% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). 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 2021 to 2025, annual grant giving ranged from $100K (2021) to $145K (2024). In 2025 it made 11 grants totaling $140K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ronald McDonald House Charities of Western Washington & Alaska Seattle, WA | General Support | $40,000 |
| 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 |
| 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 |
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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 | $1,809,275 | $163,392 | $176,927 | $140,000 | 11 | $142,615 | $134,080 | $116,898 |
| 2024 | $1,822,810 | $269,195 | $181,660 | $145,000 | 13 | $148,735 | $236,270 | $110,264 |
| 2023 | $1,735,275 | $93,115 | $160,183 | $125,000 | 11 | $128,440 | $57,472 | $107,164 |
| 2022 | $1,802,343 | $131,496 | $179,127 | $130,000 | 13 | $139,846 | $92,215 | $126,707 |
| 2021 | $1,849,974 | $156,118 | $157,980 | $100,000 | 10 | — | $122,286 | $114,136 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants went to organizations including Ronald McDonald House Charities of Western Washington & Alaska, Camp Korey, Make-A-Wish Foundation of Alaska & Washington, and the Coast Guard Foundation.
The grantees describe their own work as follows: Camp Korey provides free camp experiences with specialized medical support for children and families living with life-altering medical conditions. The Coast Guard Foundation supports Coast Guard members through education, morale, wellness, and recognition programs, and supports their spouses and children. Youth Eastside Services describes its work as intervention, outreach, and prevention for young people and families facing challenges such as emotional distress, substance abuse, and violence.
Grantmaking
In filing year 2025, the foundation awarded 11 grants totaling $140,000. Grants ranged from $10,000 to $40,000, with a median grant of $10,000. The largest grant was $40,000 to Ronald McDonald House Charities of Western Washington & Alaska for general support. Other listed grants included $10,000 each to Camp Korey, the Coast Guard Foundation, and Youth Eastside Services, all for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Barbara R. Olsen and Cynthia Adams as directors.
Pete and Wilma Olsen Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Barbara R. Olsen
Director
On filings since 2021
1 hr/week
No compensation reported
Cynthia Adams
Director
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Cyndy Adams (2024) — Director
- Former: Richard D. Olsen (2021–2022) — Director
Data from IRS Form 990 filings, 2021–2025. "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 Pete and Wilma Olsen Foundation
How much does Pete and Wilma Olsen Foundation give each year?
Pete and Wilma Olsen Foundation gave $140K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $145K across 13 grants.
What is Pete and Wilma Olsen Foundation's typical grant size?
Pete and Wilma Olsen Foundation's median grant in 2025 was $10,000, and its average grant was $12,727, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Pete and Wilma Olsen Foundation that year got $10K on average.
Where does Pete and Wilma Olsen Foundation give grants?
Pete and Wilma Olsen Foundation gives mostly in Washington: 86% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Connecticut (7%) and Kansas (7%). The most frequent recipient cities were Seattle, WA (4 grants), Spokane, WA (2 grants) and Bellevue, WA (2 grants).
Does Pete and Wilma Olsen Foundation give general operating support?
Yes: 100% of Pete and Wilma Olsen Foundation's 2025 grants with a stated purpose (11 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Pete and Wilma Olsen Foundation's largest grantees?
Pete and Wilma Olsen Foundation's largest 2025 grantees include Ronald McDonald House Charities of Western Washington & Alaska ($40,000), Benaroya Research Institute ($10,000) and Camp Korey ($10,000), according to its 2025 IRS Form 990-PF. Together they received 43% of its itemized 2025 grant dollars.
How large is Pete and Wilma Olsen Foundation?
Pete and Wilma Olsen Foundation reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $143K in qualifying distributions that year, against a required minimum of $117K (roughly 5% of its investment assets).
What does Pete and Wilma Olsen Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants went to organizations including Ronald McDonald House Charities of Western Washington & Alaska, Camp Korey, Make-A-Wish Foundation of Alaska & Washington, and the Coast Guard Foundation. See mission & focus areas ↑
How do I apply for a grant from Pete and Wilma Olsen Foundation?
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 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.
Does Pete and Wilma Olsen Foundation 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). Pete and Wilma Olsen Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/pete-and-wilma-olsen-foundation-morg_faef3b80cdbe49c0bd690af9772a3905
BibTeX
@misc{grantable_912055630_2026,
author = {{Grantable}},
title = {{Pete and Wilma Olsen Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/pete-and-wilma-olsen-foundation-morg_faef3b80cdbe49c0bd690af9772a3905},
note = {Accessed 2026-10-16. 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 Pete and Wilma Olsen Foundation'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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