The Olmstead Family Foundation

Private foundation · Grantmaker Tulsa, OK EIN: 46-1612234

The Olmstead Family Foundation is a private foundation, based in Tulsa, OK. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $15K.

Key facts about The Olmstead Family Foundation

In short: The Olmstead Family Foundation gave $15K across 2 grants in 2021 (avg $8K), mostly in Oklahoma. Source: 2021 IRS Form 990-PF.

EIN
46-1612234
Latest 990 filing
Form 990-PF, 2021
Annual giving (2021)
$15,475
Grants made (2021)
2
Average grant
$7,738
Median grant
$7,738
Primary geography
Oklahoma (100% of itemized 2021 grant dollars)

Data from IRS Form 990-PF, 2021; updated October 2026.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$15K

-22.6% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$8K

-61.3% YoY

Under IRS private-foundation payout rules, The Olmstead Family Foundation reported a distributable amount of $1K for 2021 — the minimum it must pay out in qualifying distributions.

How The Olmstead Family Foundation gives

  • In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2021 grant dollars across all 2 itemized grants.

Cities

TulsaDallas

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K1 grant2020 2 grants2021

From 2020 to 2021, annual grant giving ranged from $15K (2021) to $20K (2020). In 2021 it made 2 grants totaling $15K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2021

Oral Roberts University Mike Carter Athletic Center: $15K across 2 grantsOral Roberts University MikeCarter Athletic Center$15K · 2 grants

The largest 2021 recipient was Oral Roberts University Mike Carter Athletic Center ($15K across 2 grants).

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Oral Roberts University Mike Carter Athletic Center Tulsa, OKMike Carter Athletic Center$15,228
Oral Roberts University Mike Carter Athletic Center Tulsa, OKMike Carter Athletic Center$247

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$10K$20K$30K2020 2021
Metric20212020
Total Assets—$5,976
Revenue$1,830$25
Expenses$15,485$23,417
Qualifying Distributions$15,475—
Distributable Amount$1,234$769

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
  3. IRS filings on file for fiscal years 2020–2021

Leadership & Key People

Officers and directors from IRS filings

The Olmstead Family Foundation's 2021 filing lists 2 officers; none of the 2 officers listed in 2021 report compensation.

Officers on the 2021 filing

  • Ann O. Weber

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Charles R. Mardeen Olmstead

    Trustees

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2021. "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 The Olmstead Family Foundation

How much does The Olmstead Family Foundation give each year?

The Olmstead Family Foundation gave $15K across 2 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $20K across 1 grant.

Where does The Olmstead Family Foundation operate?

The Olmstead Family Foundation has awarded grants in Oklahoma, Texas.

How much is The Olmstead Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, The Olmstead Family Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Olmstead Family Foundation's EIN?

The Olmstead Family Foundation's EIN (Employer Identification Number) is 46-1612234. IRS Form 990 filing data is available on this page for 2020–2021.

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

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