The Carol and Robert Olson Foundation

KENNEBUNK, ME EIN: 33-0924734

The Carol and Robert Olson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KENNEBUNK, ME. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $367K in total assets. In 2025, it awarded 7 grants totaling $16K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$367K

-1.0% YoY

Annual Giving

$16K

-10.6% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$2K

+2.1% YoY

About The Carol and Robert Olson Foundation

Based on IRS filings

The Carol and Robert Olson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KENNEBUNK, ME. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $367K in total assets. In 2025, it awarded 7 grants totaling $16K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AlfredBrunswickCape PorpoiseCorunnaFernandina BeachIpswichKennebunkMonroviaWells

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11K$22K$33K$44K20212022202320242025
Metric202520242023
Total Assets$367,018$370,657$381,019
Revenue$12,000$15,000$15,000
Expenses$17,405$19,363$25,603
Qualifying Distributions$16,470$18,428$24,668
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$19K$25K8 grants202110 grants202210 grants20238 grants20247 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

CHURCH ON THE CAPE$10KALFRED UNIVERSITY$2KPARTNERS IN DEVELOPMENT$1KSAFE HAVEN HUMANE SOCIETY$1KWORLD VISION INTL$780LAUDHOLM FARM$500CHURCH COMMUNITY OUTREAC…$500

Grant Size Distribution

43 grants across all recorded years

43<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Church on the Cape ($10,250), Alfred University ($2,000), Partners in Development ($1,440).

RecipientPurposeAmount
LAUDHOLM FARM WELLS, MEASSISTANCE$500
ALFRED UNIVERSITY ALFRED, NYSCHOLARSHIP$2,000
WORLD VISION INTL MONROVIA, CAASSISTANCE$780
CHURCH ON THE CAPE CAPE PORPOISE, MEASSISTANCE$10,250
PARTNERS IN DEVELOPMENT IPSWICH, MAASSISTANCE$1,440
CHURCH COMMUNITY OUTREACH SERVICES KENNEBUNK, MEASSISTANCE$500
SAFE HAVEN HUMANE SOCIETY WELLS, MEASSISTANCE$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
CAROL OSTERPresident20

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Carol and Robert Olson Foundation?

The Carol and Robert Olson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KENNEBUNK, ME. It holds $367K in total assets as of 2025.

How large is The Carol and Robert Olson Foundation?

As of 2025, The Carol and Robert Olson Foundation holds $367K in total assets with $12K in annual revenue. It awarded 7 grants totaling $16K in 2025.

Where does The Carol and Robert Olson Foundation operate?

The Carol and Robert Olson Foundation has awarded grants in California, Florida, Indiana, Massachusetts, Maine, New York.

What size grants does The Carol and Robert Olson Foundation award?

In 2025, The Carol and Robert Olson Foundation awarded 7 grants totaling $16K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is The Carol and Robert Olson Foundation's EIN?

The Carol and Robert Olson Foundation's EIN (Employer Identification Number) is 33-0924734. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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