The Shammah Foundation by the Olson Family

Private foundation · Grantmaker Carlos, MN EIN: 46-1628647

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.

The Shammah Foundation by the Olson Family at a glance

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.

Annual giving (2024)
$475
-98.4% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$475
-98.4% vs 2023
Median grant
$475
Total assets
$981,126
-0.3% vs 2023
Primary geography
Ohio (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who The Shammah Foundation by the Olson Family funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Athletes in Action: $475Athletes in Action$475

The largest 2024 recipient was Athletes in Action ($475).

Grant Size Distribution

13 grants across all recorded years

11<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 13 (85%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of the 2024 grant dollars on its one itemized grant.

Cities

AlexandriaLynchburgCashiersChicagoDuluthKansas CityMinneapolisOttertailPalm Beach GardensXenia

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K4 grants2020 2 grants2021 5 grants2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $475 (2024) to $146K (2020). In 2024 it made 1 grant totaling $475.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Athletes in Action Xenia, OHAthletes in Action Ultimate Training Camp$475
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$981,126$49$2,816$4751$2,816$49$48,430
2023$983,893$51$32,993$30,0001$32,953$51$49,987
2022$1,016,835$52$38,442$36,7005$38,392$52$50,968
2021$1,055,225$93$86,412$85,0002$86,392$93$55,756
2020$1,141,544$359$147,576$146,0004—$359$62,092

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.

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.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 22, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 21, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 30, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Shammah Foundation by the Olson Family's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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