Olson Fam Foundation Tr 100794
- Assets
- $3.1m
- Revenue
- $50.1k
- Investments
- $2.2m
- Employees
- 0
- Location
- Orange, CA
- Founding
- 03/1995
- Data as of
- 12/2022
- EIN
- 33-6156479
Organization Overview
Olson Fam Foundation Tr 100794 is located in Orange, CA. The organization was established in 1995. 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. Olson Fam Foundation Tr 100794 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 12/2022, Olson Fam Foundation Tr 100794 generated $50.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $333.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Olson Fam Foundation Tr 100794 has awarded 25 individual grants totaling $621,400. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Olson Trustee | 0 | $0 | |
Jane Olson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $62,321 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,224 |
| Capital Gain Net Income | $601 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,018 |
| Total Revenue | $50,115 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $957 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $25,144 |
| Contributions, gifts, grants paid | $308,200 |
| Total expenses and disbursements | $333,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,158 |
| 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 | $825,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $243,319 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,054,527 |
| 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 |
Grants Awarded
Over the last fiscal year, Olson Fam Foundation Tr 100794 has awarded $308,200 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL ASSISTANCE LEAGUE OF ORANGE PURPOSE: GENERAL | $5,000 |
CONCORDIA SEMINARY ST LOUIS PURPOSE: GENERAL | $35,000 |
FAITH COMES BY HEARING PURPOSE: GENERAL | $18,200 |
CONCORDIA UNIVERSITY IRVINE- MUSIC PURPOSE: GENERAL | $5,000 |
FIKISHA PURPOSE: GENERAL | $10,000 |
LUTHERAN BIBLE TRANSLATORS PURPOSE: GENERAL | $80,000 |