The Olson Family Foundation
The Olson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIGNAL HILL, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. In 2024, it awarded 1 grants totaling $30K.
Key facts about The Olson Family Foundation
- EIN
- 20-4600940
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $30,000
- Grants made (2024)
- 1
- Average grant
- $30,000
- Median grant
- $30,000
- Total assets
- $13,720
- Primary geography
- California (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
How The Olson Family Foundation gives
- Giving grew 2900% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14K
-0.2% YoY
Annual Giving
$30K
+42.9% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$30K
+328.6% YoY
Under IRS private-foundation payout rules, The Olson Family Foundation reported a distributable amount of $677 for 2024 — the minimum it must pay out in qualifying distributions.
About The Olson Family Foundation
Based on IRS filings
The Olson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIGNAL HILL, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. In 2024, it awarded 1 grants totaling $30K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,720 | $13,745 | $15,840 |
| Revenue | $30,000 | $21,104 | — |
| Expenses | $30,025 | $23,199 | $1,500 |
| Qualifying Distributions | $30,000 | $21,000 | $1,500 |
| Net Investment Income | — | — | — |
| Distributable Amount | $677 | $727 | $851 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Cedar-sinai ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CEDAR-SINAI LOS ANGELES, CA | DESIGNATED SUPPORT FOR LAURENCE AND MARION LAURIE MEMORIAL FUND IN TRANFORMING HEALTHCARE FOR THOSE IN NEED OF HEALING. | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stephen E Olson | Chairman | 1 | — |
| Judith a Laakso | President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Olson Family Foundation?
The Olson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIGNAL HILL, CA. It holds $14K in total assets as of 2024.
How large is The Olson Family Foundation?
As of 2024, The Olson Family Foundation holds $14K in total assets with $30K in annual revenue. It awarded 1 grants totaling $30K in 2024.
Where does The Olson Family Foundation operate?
The Olson Family Foundation has awarded grants in California, New York.
What size grants does The Olson Family Foundation award?
In 2024, The Olson Family Foundation awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is The Olson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Olson Family Foundation reported a distributable amount of $677 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Olson Family Foundation's EIN?
The Olson Family Foundation's EIN (Employer Identification Number) is 20-4600940. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in The Olson Family 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.