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Katherine Olson Foundation

Seattle, WA 911703239

The Katherine Olson Foundation, based in Seattle, supports arts, culture, and education projects in WA, OR, and UT, with directors Carol and Tom Olson leading its operations without compensation.

Overview

About Katherine Olson Foundation

The Katherine Olson Foundation is a philanthropic organization based in Seattle, Washington, with a focus on supporting initiatives in the arts, culture, and education sectors. Despite having modest financial resources, with assets totaling $235,866, the foundation actively contributes to various communities, particularly in the states of Washington, Oregon, and Utah. It has funded projects in cities such as Corvallis, Herriman, Olympia, Seattle, and Yakima. The foundation operates with minimal expenses, amounting to $18,388, and generates a revenue of $5,489. The foundation is led by Carol Olson and Tom Olson, both serving as directors without compensation, dedicating a minimal amount of time to the foundation's operations.

Focus Areas

Arts and cultureEducation

Geographic Focus

ORUTWA
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $236K
Total Awarded This Year $12K
Average Grant Size $4K
Total Grants (Previous Year) 1,192
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
Seattle, WA US
Geographic Funding Distribution

Financials

Total Assets
$235,866

in 2024, compared to $248,765 in 2023

Annual Grants
$12,000

3 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$10,000Community Fnd of South Puget SoundSupport of public charity programs212 Union Ave SE Ste 102 Olympia, WA US2022
$5,000Univ of Wa FoundationSupport of public charityBox 351210 Seattle, WA US2022
$5,000Cholaniocarcinoma FdnSupport of public charity programs5526 West 134000 South 510 Herriman, UT US2023
$5,000Inspiring Girls ExpeditionsSupport of public charity programsOregon State Univ 4238 SW Research Corvallis, OR US2023
$5,000KUOWSupport of public charity45218 University Way Seattle, WA US2024
$5,000KCTSSupport of public charity401 Mercer Street Seattle, WA US2024
$4,000Planned Parenthood of WaSupport of public charity programs1117 Tieton Dr Yakima, WA US2023
$3,000KUOWSupport of public charity45218 University Way Seattle, WA US2022
$2,000KCTSSupport of public charity401 Mercer Street Seattle, WA US2022
$2,000CASA Family Law of King CountySupport of public charity810 Third Ave Ste 700 Seattle, WA US2024
15 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
CO
Carol Olson
Director$02022
TO
Tom Olson
Director$02022
CO
Carol Olson
Director$02023
TO
Tom Olson
Director$02023
CO
Carol Olson
Director$02024
TO
Tom Olson
Director$02024
6 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024