William H Olson MD Scholarship
William H Olson MD Scholarship is a private foundation focused on Education, based in Campbellsville, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 8 grants totaling $39K. Net investment income was $58K.
William H Olson MD Scholarship at a glance
In short: William H Olson MD Scholarship gave $39K across 8 grants in 2024 (avg $5K), mostly in Kentucky. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $39,000
- +81.4% vs 2023
- Grants made (2024)
- 8
- -11.1% vs 2023
- Average grant
- $4,875
- +104.1% vs 2023
- Median grant
- $2,000
- Total assets
- $1,438,049
- +0.1% vs 2023
- Primary geography
- Kentucky (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who William H Olson MD Scholarship funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Taylor Regional Hospital ($25K).
Organizations only. It also paid 7 individual scholarships ($14,000), which are not listed by name.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was under $50K: 57 grants of 57 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
States
Cities
How William H Olson MD Scholarship gives
- Giving grew 200% from 2021 to 2024. Method
- In 2024 it paid out 55% 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
From 2020 to 2024, annual grant giving ranged from $13K (2021) to $39K (2024). In 2024 it made 8 grants totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Taylor Regional Hospital Campbellsville, KY | Scholarships | $25,000 |
| 7 individual scholarships Recipients not named | — | $14,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,438,049 | $57,582 | $55,655 | $39,000 | 8 | $39,000 | $57,582 | $70,941 |
| 2023 | $1,436,122 | $37,150 | $30,160 | $21,500 | 9 | $21,500 | $37,150 | $70,430 |
| 2022 | $1,429,132 | $22,928 | $30,883 | $22,000 | 12 | $22,000 | $22,928 | $70,604 |
| 2021 | $1,437,087 | $24,474 | $16,994 | $13,000 | 13 | $13,000 | $24,474 | $70,362 |
| 2020 | $1,429,607 | $25,925 | $16,915 | $15,000 | 15 | — | $25,925 | $60,285 |
Under IRS private-foundation payout rules, William H Olson MD Scholarship reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
William H Olson MD Scholarship's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Craig Cox
Trustee
On filings since 2020
No compensation reported
Mark U. Johnson
Trustee
On filings since 2020
No compensation reported
Stephen Hinton MD
Trustee
On filings since 2020
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 William H Olson MD Scholarship
How much does William H Olson MD Scholarship give each year?
William H Olson MD Scholarship gave $39K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $22K across 9 grants.
What is William H Olson MD Scholarship's typical grant size?
William H Olson MD Scholarship's median grant in 2024 was $2,000, and its average grant was $4,875, across 8 grants on its 2024 IRS Form 990-PF.
Where does William H Olson MD Scholarship give grants?
William H Olson MD Scholarship gives mostly in Kentucky: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does William H Olson MD Scholarship give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on William H Olson MD Scholarship's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (7 grants).
How large is William H Olson MD Scholarship?
William H Olson MD Scholarship reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $39K in qualifying distributions that year, against a required minimum of $71K (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.
What is William H Olson MD Scholarship?
William H Olson MD Scholarship is a private foundation focused on Education, based in Campbellsville, KY. It holds $1.4M in total assets as of 2024.
What is William H Olson MD Scholarship's EIN?
William H Olson MD Scholarship's EIN (Employer Identification Number) is 20-6202481. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work William H Olson MD Scholarship funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in William H Olson MD Scholarship's focus areas in our free grants database
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