Karen Alice Nilsen Olsen Charitable Foundation Inc is located in Parker, CO. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Karen Alice Nilsen Olsen Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Karen Alice Nilsen Olsen Charitable Foundation Inc has awarded 51 individual grants totaling $180,000. 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 |
---|---|---|---|
Steven Corey President / Director | 1 | $2,000 | |
David Johnston Vice President / Director | 1 | $2,000 | |
Brad Johnston Secretary / Treasurer / Di | 1 | $2,000 | |
Lynn Staben Director | 1 | $2,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,089 |
Interest on Savings | $1 |
Dividends & Interest | $8,850 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$19,685 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | -$7,745 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $8,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $3,164 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $8,806 |
Total operating and administrative expenses | $26,784 |
Contributions, gifts, grants paid | $60,000 |
Total expenses and disbursements | $86,784 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $80,000 |
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 | $0 |
Total assets | $465,318 |
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, Karen Alice Nilsen Olsen Charitable Foundation Inc has awarded $60,000 in support to 18 organizations.
Grant Recipient | Amount |
---|---|
BOY SCOUTS OF AMERICA GREATER COLORADO COUNCIL PURPOSE: PREPARE YOUNG PEOPLE TO MAKE ETHICAL AND MORAL CHOICES IN THEIR LIVES | $6,000 |
ALZHEIMER'S ASSOCIATION - OREGON PURPOSE: VOLUNTARY HEALTH ORGANIZATION IN ALZHEIMER CARE, SUPPORT AND RESEARCH | $6,000 |
LEGACY HEALTH - MARK A TERRY ENDOWMENT PURPOSE: CORNEAL CARE RESEARCH AND PATIENT CARECORNEAL CARE | $5,000 |
Manhattan Beach, CA PURPOSE: PROVIDE WIDE RANGE OF MEDICAL NEEDS FOR PATIENTS WITH PANCREATIC CANCER | $5,000 |
Maple Valley, WA PURPOSE: ENLIGHTEN THE MINDS OF YOUNG MUSICIANS, EMBRACE CREATIVITY, ACHIEVEE EXCELLENCE, NURTURE TALENTS AND GIVE BACK TO THE COMMUNITY. | $5,000 |
NORTHWEST CENTER PURPOSE: PROVIDE PROGRAMS AND SERVICES TO HELP CHILDREN & ADULTS WITH DEVELOPMENTAL DISABILITIES. | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
John P Ellbogen Foundation Laramie, WY | $46,423,424 | $5,451,826 |
Caring For Colorado Centennial Fund Denver, CO | $31,808,788 | $10,829,484 |
Business Technology Career Opportunities Inc Wichita, KS | $9,779,338 | $4,681,972 |
Barton Institute For Community Action Denver, CO | $34,619,921 | $16,322,072 |
Forever Young Foundation Bountiful, UT | $7,150,368 | $5,097,036 |
Dreiseszun Family Foundation Overland Park, KS | $64,188,669 | $5,783,291 |
Lensic Performing Arts Center Corporation Santa Fe, NM | $15,012,313 | $4,156,320 |
Marvin And Virgina Schmid Foundation Bellevue, NE | $28,131,628 | $2,731,281 |
The Enrichment Foundation Omaha, NE | $53,133,352 | $2,887,034 |
Clarendon Foundation Sandy, UT | $9,714,248 | $1,864,583 |
Arizona School Choice Trust Inc Chandler, AZ | $1,968,579 | $1,563,755 |
Colorado State Patrol Family Foundation Lakewood, CO | $3,544,334 | $2,358,520 |