The Olsen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17K in total assets. In 2024, it awarded 1 grants totaling $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17K
-6.7% YoY
Annual Giving
$1K
+66.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1K
+66.7% YoY
Under IRS private-foundation payout rules, The Olsen Foundation reported a distributable amount of $918 for 2024 — the minimum it must pay out in qualifying distributions.
About The Olsen Foundation
Based on IRS filings
The Olsen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17K in total assets. In 2024, it awarded 1 grants totaling $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,432 | $18,691 | $19,550 |
| Revenue | $11 | $11 | $6 |
| Expenses | $1,270 | $870 | $270 |
| Qualifying Distributions | $1,000 | $600 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $918 | $961 | $975 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Our Lady of Wisdom Church ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Our Lady of Wisdom Church Lafayette, LA | RELIGIOUS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Richard G Zepernick Jr | Member and Director | — | — |
| Sheila Matte Zepernick | Member and Director | — | — |
| Lee J Matherne | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Olsen Foundation?
The Olsen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $17K in total assets as of 2024.
How large is The Olsen Foundation?
As of 2024, The Olsen Foundation holds $17K in total assets with $11 in annual revenue. It awarded 1 grants totaling $1K in 2024.
Where does The Olsen Foundation operate?
The Olsen Foundation has awarded grants in Louisiana.
What size grants does The Olsen Foundation award?
In 2024, The Olsen Foundation awarded 1 grants totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Olsen Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Olsen Foundation reported a distributable amount of $918 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Olsen Foundation's EIN?
The Olsen Foundation's EIN (Employer Identification Number) is 26-0423044. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Olsen Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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