William H Olson MD Scholarship

Foundation · Grantmaker Campbellsville, KY EIN: 20-6202481

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.

Key facts about William H Olson MD Scholarship

EIN: 20-6202481
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $39,000
Grants made (2024): 8
Average grant: $4,875
Median grant: $2,000
Total assets: $1,438,049
Primary geography: Kentucky (100% of itemized 2024 grant dollars)

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

Who William H Olson MD Scholarship funds

By grant dollars, the top recipient states for William H Olson MD Scholarship's 8 itemized 2024 grants were Kentucky (100%). The most frequent recipient cities were Campbellsville, KY (5 grants). None of its 8 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (7 grants).

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.

Next steps with William H Olson MD Scholarship

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+0.1% YoY

Annual Giving

$39K

+81.4% YoY

Grant Count

-11.1% YoY

Avg Grant Size

$5K

+104.1% YoY

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.

About William H Olson MD Scholarship

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $39K (100%)

Share of all 8 itemized 2024 grant dollars.

States

Kentucky

Cities

CampbellsvilleColumbiaCampellsvilleGreensburgBuffaloLexington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,438,049	$1,436,122	$1,429,132
Revenue	$57,582	$37,150	$22,928
Expenses	$55,655	$30,160	$30,883
Qualifying Distributions	$39,000	$21,500	$22,000
Net Investment Income	$57,582	$37,150	$22,928
Distributable Amount	$70,941	$70,430	$70,604

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 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 8 recipients in 2024

Grant Size Distribution

57 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Taylor Regional Hospital ($25,000), Morgan Melton ($3,000), Morgan York ($2,500).

Recipient	Purpose	Amount
TAYLOR REGIONAL HOSPITAL Campbellsville, KY	SCHOLARSHIPS	$25,000
MORGAN MELTON Lexington, KY	SCHOLARSHIP	$3,000
MORGAN YORK Campellsville, KY	SCHOLARSHIP	$2,500
ALYSON ROSE Greensburg, KY	SCHOLARSHIP	$2,500
LILA STONE Campbellsville, KY	SCHOLARSHIP	$1,500
ISAAC GARRISON Campbellsville, KY	SCHOLARSHIP	$1,500
JENNA BOTTOMS Campbellsville, KY	SCHOLARSHIP	$1,500
SARA PERKINS Campbellsville, KY	SCHOLARSHIP	$1,500

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
Mark U Johnson	Trustee	—	—
Craig Cox	Trustee	—	—
Stephen Hinton MD	Trustee	—	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

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.

How large is William H Olson MD Scholarship?

As of 2024, William H Olson MD Scholarship holds $1.4M in total assets with $58K in annual revenue. It awarded 8 grants totaling $39K in 2024.

Where does William H Olson MD Scholarship operate?

William H Olson MD Scholarship has awarded grants in Kentucky.

What size grants does William H Olson MD Scholarship award?

In 2024, William H Olson MD Scholarship awarded 8 grants totaling $39K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is William H Olson MD Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William H Olson MD Scholarship reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.