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EIN 38-6083080

Oleson Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Traverse City
State
Michigan
Year formed
1962
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Oleson Foundation is a private foundation located in Traverse City, MI. Last year, it made 52 grants. Its trustees are Donald W Oleson, Gerald E Oleson, and Richard Ford. Grantees include Northwestern Michigan College Foundation.
Total revenues
$1,803,835
2023
Total expenses
$2,009,705
2023
Total assets
$24,084,846
2023
Num. employees
1
2023

Grants made by Oleson Foundation

GranteeGrant descriptionAmount
Grand Traverse Bay YmcaGrant for Splash Program$200,000
Grand Traverse Regional Land Conservancy (GTRLC)Grant for Improvements at Oleson Preserve & Directors Fund Don Oleson & Richard Ford. 2023 Grant.$54,000
Safe Harbor of Grand TraverseGrant for Hvac Upgrades for SH$51,000
...and 46 more grants made totalling $1,008,904

Personnel at Oleson Foundation

NameTitleCompensation
Kathy HuschkeExecutive Director$68,422

Financials for Oleson Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,600
Investment income and dividends$456,044
Net rental income$554,052
Net gain from sale of non-inventory assets$446,542
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,803,835

Form 990s for Oleson Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990PFView PDF
2022-122023-06-28990PFView PDF
2021-122022-09-19990PFView PDF
2020-122021-07-20990PFView PDF
2019-122021-06-09990PFView PDF
...and 8 more Form 990s

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Helicopters for HeroesDallas, TX$572,189
John A McNeice Jr Charitable FoundationBoston, MA$2,872,143
The Weil FoundationTucson, AZ$1,236,451
Elsie & William Viles FoundationAugusta, ME$1,086,883
Reva and David Logan FoundationChicago, IL$4,226,313
Colgan FoundationCollegeville, PA$1,382,019
The Clemens FoundationAlsea, OR$3,771,995
Hatch FoundationSpringfield, MO$621,844
Lyon FoundationBartlesville, OK$1,255,438
Data update history
August 20, 2024
Posted financials
Added Form 990PF for fiscal year 2023
February 20, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
February 23, 2023
Updated personnel
Identified 3 new personnel
October 13, 2021
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donationsAccepts online donations
General information
Address
PO Box 904
Traverse City, MI 49685
County
Grand Traverse County, MI
Website URL
olesonfoundation.org/ 
Phone
(231) 946-9349
IRS details
EIN
38-6083080
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1962
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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