The Shammah Foundation by the Olson Family
The Shammah Foundation by the Olson Family is a private foundation, based in Carlos, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $981K in total assets. In 2024, it awarded 1 grant totaling $475. Net investment income was $49.
Key facts about The Shammah Foundation by the Olson Family
In short: The Shammah Foundation by the Olson Family gave $475 across 1 grant in 2024 (avg $475), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- EIN
- 46-1628647
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $475
- Grants made (2024)
- 1
- Average grant
- $475
- Median grant
- $475
- Total assets
- $981,126
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$981K
-0.3% YoY
Annual Giving
$475
-98.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$475
-98.4% YoY
Under IRS private-foundation payout rules, The Shammah Foundation by the Olson Family reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
How The Shammah Foundation by the Olson Family gives
- Giving fell 99% from 2021 to 2024. Method
- In 2024 it paid out 6% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
Share of the 2024 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $475 (2024) to $146K (2020). In 2024 it made 1 grant totaling $475.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Athletes in Action ($475).
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 11 grants of 13 (85%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Athletes in Action Xenia, OH | Athletes in Action Ultimate Training Camp | $475 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $981,126 | $983,893 | $1,016,835 |
| Revenue | $49 | $51 | $52 |
| Expenses | $2,816 | $32,993 | $38,442 |
| Qualifying Distributions | $2,816 | $32,953 | $38,392 |
| Net Investment Income | $49 | $51 | $52 |
| Distributable Amount | $48,430 | $49,987 | $50,968 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 22, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 30, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Shammah Foundation by the Olson Family is led by Amber A. Olson, President, Secretary, Treasurer & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Amber A. Olson
President, Secretary, Treasurer & Director
On filings since 2020
2 hrs/week
No compensation reported
Laurie A. Thompson
Director
On filings since 2020
1 hr/week
No compensation reported
Todd A. Olson
Vice President & Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Shammah Foundation by the Olson Family
How much does The Shammah Foundation by the Olson Family give each year?
The Shammah Foundation by the Olson Family gave $475 across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $30K across 1 grant.
How large is The Shammah Foundation by the Olson Family?
The Shammah Foundation by the Olson Family reported $981K in total assets on its 2024 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $48K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Shammah Foundation by the Olson Family operate?
The Shammah Foundation by the Olson Family has awarded grants in Florida, Georgia, Illinois, Minnesota, Missouri, North Carolina, Ohio, Virginia.
What is The Shammah Foundation by the Olson Family's EIN?
The Shammah Foundation by the Olson Family's EIN (Employer Identification Number) is 46-1628647. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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