Rachel Olson Charitable Trust
Rachel Olson Charitable Trust is a private foundation focused on Education, based in Mapleton, IA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 7 grants totaling $11K. Net investment income was $8K.
Rachel Olson Charitable Trust at a glance
In short: Rachel Olson Charitable Trust gave $11K across 7 grants in 2023 (avg $2K), mostly in Iowa. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $11,000
- +266.7% vs 2022
- Grants made (2023)
- 7
- +16.7% vs 2022
- Average grant
- $1,571
- +214.3% vs 2022
- Median grant
- $2,000
- Primary geography
- Iowa (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Rachel Olson Charitable Trust funds
How this funder distributes its grants
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 23 grants of 23 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 7 itemized grants.
States
Cities
How Rachel Olson Charitable Trust gives
- Giving grew 267% from 2020 to 2023. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $3K (2021) to $11K (2023). In 2023 it made 7 grants totaling $11K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 7 individual scholarships Recipients not named | — | $11,000 |
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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 |
|---|---|---|---|---|---|---|---|
| 2023 | — | $7,882 | $12,121 | $11,000 | 7 | $11,000 | $7,882 |
| 2022 | $203,839 | $2,193 | $3,920 | $3,000 | 6 | $3,000 | $2,193 |
| 2021 | $205,566 | $4,689 | $3,360 | $2,500 | 4 | $2,500 | $4,689 |
| 2020 | $204,238 | $4,675 | $4,106 | $3,000 | 6 | — | $4,675 |
Leadership & Key People
Officers and directors from IRS filings
Rachel Olson Charitable Trust's 2023 filing lists 5 officers; none of the 5 officers listed in 2023 report compensation.
Officers on the 2023 filing
Thomas R. Mohrhauser
Trustee
On filings since 2020
1 hr/week
No compensation reported
Angie Schrunk
Board Member
On filings since 2020
1 hr/week
No compensation reported
Jeff Thelander
Board Member
On filings since 2020
1 hr/week
No compensation reported
Tamara Flanigan
Board Member
On filings since 2020
1 hr/week
No compensation reported
Pastor Of The Soldier Church
Board Member
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Pastor Marsha Smith (2020–2021) — Board Member
Data from IRS Form 990 filings, 2020–2023. "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 Rachel Olson Charitable Trust
How much does Rachel Olson Charitable Trust give each year?
Rachel Olson Charitable Trust gave $11K across 7 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $3K across 6 grants.
What is Rachel Olson Charitable Trust's typical grant size?
Rachel Olson Charitable Trust's median grant in 2023 was $2,000, and its average grant was $1,571, across 7 grants on its 2023 IRS Form 990-PF.
Where does Rachel Olson Charitable Trust give grants?
Rachel Olson Charitable Trust gives mostly in Iowa: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there.
Does Rachel Olson Charitable Trust give general operating support?
Not in 2023: none of the 7 grants with a stated purpose on Rachel Olson Charitable Trust's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (7 grants).
What is Rachel Olson Charitable Trust?
Rachel Olson Charitable Trust is a private foundation focused on Education, based in Mapleton, IA.
What is Rachel Olson Charitable Trust's EIN?
Rachel Olson Charitable Trust's EIN (Employer Identification Number) is 42-6582650. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 19, 2024)
- IRS filings on file for fiscal years 2020–2023
Explore Open Grants
Browse active grant opportunities in Rachel Olson Charitable Trust's focus areas in our free grants database
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