Olsson Foundation
- Assets
- $1.7m
- Revenue
- -$10.1k
- Investments
- $1.6m
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 09/1989
- Data as of
- 12/2023
- EIN
- 36-3652262
Organization Overview
Olsson Foundation is located in Lincoln, NE. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Olsson Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Olsson Foundation has awarded 108 individual grants totaling $520,240. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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 |
|---|---|---|---|
Name Not Listed President | 0 | $0 | |
Name Not Listed Secretary & Treasurer | 0 | $0 | |
Name Not Listed Trustee | 0 | $0 | |
Name Not Listed Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,342 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$49,793 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,380 |
| Total Revenue | -$10,071 |
| 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 | $1,154 |
| Total operating and administrative expenses | $8,460 |
| Contributions, gifts, grants paid | $75,500 |
| Total expenses and disbursements | $83,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,819 |
| Savings and temporary cash investments | $0 |
| 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 | $1,637,079 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,650,898 |
| 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, Olsson Foundation has awarded $75,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
NEBRASKA TRAILS FOUNDATION PURPOSE: GENERAL | $2,000 |
BRIGHT LIGHTS PURPOSE: GENERAL | $4,000 |
CENTER FOR PEOPLE IN NEED PURPOSE: GENERAL | $7,500 |
FOOD BANK OF LINCOLN PURPOSE: GENERAL | $2,500 |
HOPESPOKE PURPOSE: GENERAL | $5,000 |
JUNIOR ACHIEVEMENT OF LINCOLN PURPOSE: GENERAL | $10,000 |