The Olsen Foundation a New Jersey
The Olsen Foundation A New Jersey is a private foundation based in Princeton, New Jersey. Its 2025 filing reports grants for charitable purposes to organizations in several states, including New Jersey, Virginia, and New York.
Key facts about The Olsen Foundation a New Jersey
In short: The Olsen Foundation a New Jersey gave $120K across 25 grants in 2025 (avg $5K), top state New Jersey. 16% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 26-0029441
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $120,000
- Grants made (2025)
- 25
- Average grant
- $4,800
- Median grant
- $3,000
- New grantees (estimate)
- 16% first-time grantees (4 of 25, 2025)
- Total assets
- $368,161
- Primary geography
- New Jersey (45% of itemized 2025 grant dollars)
- How to apply
- The foundation does not restrict giving to preselected organizations. Full details ↓
- Deadline
- None.
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$368K
+7826.0% YoY
Annual Giving
$120K
+22.3% YoY
Grant Count
25
+4.2% YoY
Avg Grant Size
$5K
+17.4% YoY
Under IRS private-foundation payout rules, The Olsen Foundation a New Jersey reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
Is The Olsen Foundation a New Jersey open to new grantees?
16%
first-time grantees, 2025
In 2025, 4 of 25 grantees (16%) were first-time recipients. First grants averaged $7K; repeat grants $4K. How we count
Medians: $8K first-time, $3K repeat.
- 76% of 2025 grantees were also funded in 2024. Method
- Giving fell 60% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s filings do not state a mission. Its 2025 grants include support for organizations working in varied areas. For example, the Navy SEAL Foundation says it supports “the warriors, veterans, and families of Naval Special Warfare.” Grounds For Sculpture describes its work as combining art and public spaces, while Energy Share of Montana says it provides assistance to families facing emergency heating needs. These are the grantees’ descriptions of their own work, not stated focus areas of the foundation.
Grantmaking
In 2025, the foundation made 25 grants totaling $120,000. Grants ranged from $1,000 to $15,000, with a median of $3,000. The largest award was $15,000 to the Navy SEAL Foundation. Other notable awards were $10,000 each to Culture Is Key, Grounds For Sculpture, Rider University, the University of Michigan, and Rare Book School. The stated purpose for these grants was “assistance for charitable purpose.”
Review Cycle
None.
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Geographic Focus
Where this funder awards grants
In 2025, New Jersey recipients received 45% of grant dollars, Virginia recipients 21%, and recipients in New York and Michigan 8% each. Recipients in the District of Columbia received 5%.
Grant Distribution by State
Share of 2025 grant dollars across all 25 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $98K (2024) to $455K (2019). In 2025 it made 25 grants totaling $120K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Navy Seal Foundation ($15K). Together the top 10 received $85K.
Grant Size Distribution
127 grants across all recorded years
The most common grant size was under $50K: 124 grants of 127 (98%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Navy Seal Foundation Virgina Beach, VA | Assistance for Charitable Purpose | $15,000 |
| Culture Is Key Trenton, NJ | Assistance for Charitable Purpose | $10,000 |
| Grounds for Sculpture Hamilton, NJ | Assistance for Charitable Purpose | $10,000 |
| Rider University Lawrenceville, NJ | Assistance for Charitable Purpose | $10,000 |
| University of Michigan Ann Arbor, MI | Assistance for Charitable Purpose | $10,000 |
| Rare Book School Charlottsville, VA | Assistance for Charitable Purpose | $10,000 |
| Energy Share of Montana Inc Helena, MT | Assistance for Charitable Purpose | $5,000 |
| Explore Mars Washington, DC | Assistance for Charitable Purpose | $5,000 |
| FDNY Foundation Brooklyn, NY | Assistance for Charitable Purpose | $5,000 |
| Lustgarten Foundation Uniondale, NY | Assistance for Charitable Purpose | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $368,161 | $801,616 | $124,056 | $120,000 | 25 |
| 2024 | $4,645 | $174,495 | $103,620 | $98,120 | 24 |
| 2023 | $7,890 | $180,543 | $210,339 | $203,700 | 25 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $368,161 | $4,645 | $7,890 |
| Revenue | $801,616 | $174,495 | $180,543 |
| Expenses | $124,056 | $103,620 | $210,339 |
| Qualifying Distributions | $122,244 | $98,342 | $206,564 |
| Net Investment Income | $323,215 | $73,122 | $70,790 |
| Distributable Amount | $7,658 | $461 | $1,150 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 20, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Gregory H Olsen, Krista J Dibsie, and Kimberly A Lapadula as trustees.
The Olsen Foundation a New Jersey's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Gregory H. Olsen
Trustee
On filings since 2019
1 hr/week
No compensation reported
Kimberly A. Lapadula
Trustee
On filings since 2019
1 hr/week
No compensation reported
Krista J. Dibsie
Trustee
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Gregory H Olsen
Mailing address: 174 Nassau St 272, Princeton, NJ 08542
Phone: (609) 466-4661
Website: https://olsenfamilyfoundation.org
Frequently asked questions about The Olsen Foundation a New Jersey
How much does The Olsen Foundation a New Jersey give each year?
The Olsen Foundation a New Jersey gave $120K across 25 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $98K across 24 grants.
What is The Olsen Foundation a New Jersey's typical grant size?
The Olsen Foundation a New Jersey's median grant in 2025 was $3,000, and its average grant was $4,800, across 25 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Olsen Foundation a New Jersey that year got $7K on average.
Where does The Olsen Foundation a New Jersey give grants?
The Olsen Foundation a New Jersey's top state is New Jersey, with 45% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Virginia (21%) and New York (8%). The most frequent recipient cities were Princeton, NJ (3 grants), Trenton, NJ (2 grants), Lawrenceville, NJ (2 grants) and Washington, DC (2 grants).
Who are The Olsen Foundation a New Jersey's largest grantees?
The Olsen Foundation a New Jersey's largest 2025 grantees include Navy Seal Foundation ($15,000), Culture Is Key ($10,000) and Grounds for Sculpture ($10,000), according to its 2025 IRS Form 990-PF. Together they received 29% of its itemized 2025 grant dollars.
How large is The Olsen Foundation a New Jersey?
The Olsen Foundation a New Jersey reported $368K in total assets on its 2025 IRS Form 990-PF. It paid out $122K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).
What does The Olsen Foundation a New Jersey fund?
The foundation’s filings do not state a mission. Its 2025 grants include support for organizations working in varied areas. For example, the Navy SEAL Foundation says it supports “the warriors, veterans, and families of Naval Special Warfare.” See mission & focus areas ↑
How do I apply for a grant from The Olsen Foundation a New Jersey?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Olsen Foundation a New Jersey's EIN?
The Olsen Foundation a New Jersey's EIN (Employer Identification Number) is 26-0029441. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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