Olsten Family C Foundation

Organization Overview

Olsten Family C Foundation is located in New Hope, PA. The organization was established in 2005. 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. Olsten Family C Foundation 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, Olsten Family C Foundation generated $197.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $261.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Olsten Family C Foundation has awarded 27 individual grants totaling $450,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

PLEASE NOTE: THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).


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)Compensation
Cheryl Olsten
Director
$0
Sanford Ehrenkranz
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $25,000
Interest on Savings $2
Dividends & Interest $28,987
Net Rental Income$0
Net Gain on Sale of Assets $143,486
Capital Gain Net Income $143,486
Net ST Capital Gain $28,350
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $197,475

Grants Awarded

Over the last fiscal year, Olsten Family C Foundation has awarded $230,900 in support to 12 organizations.

Grant RecipientAmount

MOUNT SINAI MEDICAL CENTER

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$100,000

EQUUS FOUNDATION INC

Org PageRecipient Profile

Westport, CT

PURPOSE: GENERAL SUPPORT

$36,000

Watkins Glen, NY

PURPOSE: GENERAL SUPPORT

$35,000

Lambertville, NJ

PURPOSE: GENERAL SUPPORT

$25,000

STANDARDBRED RETIREMENT FOUNDATION

PURPOSE: GENERAL SUPPORT

$20,000

KEVIN BABINGTON FOUNDATION

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Profile

Create an account to unlock the data you need.

or