The Olsen Foundation A New Jersey Nonprofit Corporation is located in Princeton, NJ. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olsen Foundation A New Jersey Nonprofit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Olsen Foundation A New Jersey Nonprofit Corporation generated $144.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (31.7%) each year. All expenses for the organization totaled $362.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Olsen Foundation A New Jersey Nonprofit Corporation has awarded 182 individual grants totaling $2,460,825. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory H Olsen Trustee | 1 | $0 | |
Krista J Dibsie Trustee | 1 | $0 | |
Kimberly A Lapadula Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $31,677 |
Interest on Savings | $0 |
Dividends & Interest | $1,848 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $110,470 |
Capital Gain Net Income | $110,470 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $143,995 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $464 |
Total operating and administrative expenses | $4,521 |
Contributions, gifts, grants paid | $358,240 |
Total expenses and disbursements | $362,761 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $16,285 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $4,200 |
Total assets | $20,485 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, The Olsen Foundation A New Jersey Nonprofit Corporation has awarded $358,240 in support to 28 organizations.
Grant Recipient | Amount |
---|---|
THE BEAUTY FOUNDATION PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $50,000 |
BIG BROTHERSBIG SISTERS PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $50,000 |
NYPD PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $48,625 |
BOYS & GIRLS CLUB OF TRENTON MERCER PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $40,000 |
Webster, TX PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $30,000 |
FDU PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |
Paul E Singer Foundation New York, NY | $412,018,579 | $19,273,091 |
Bernard And Anne Spitzer Charitable Tr New York, NY | $0 | $17,565,686 |