Katherine Olson Foundation
- Assets
- $248.8k
- Revenue
- $13.7k
- Investments
- $243.2k
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 04/1997
- Data as of
- 12/2022
- EIN
- 91-1703239
Organization Overview
Katherine Olson Foundation is located in Seattle, WA. The organization was established in 1997. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Katherine Olson 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 12/2022, Katherine Olson Foundation generated $13.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $26.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Katherine Olson Foundation has awarded 61 individual grants totaling $135,100. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Olson Director | 1 | $0 | |
Tom Olson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,454 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,264 |
| Capital Gain Net Income | $2,264 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $214 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,187 |
| Total operating and administrative expenses | $11,353 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $26,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,064 |
| Savings and temporary cash investments | $3,490 |
| 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 | $248,765 |
| 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, Katherine Olson Foundation has awarded $15,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SEATTLE NIGHTWATCH PURPOSE: SUPPORT OF PUBLIC CHARITY | $500 |
PAGE AHEAD PURPOSE: SUPPORT OF PUBLIC CHARITY | $500 |
CHOLANIOCARCINOMA FDN PURPOSE: SUPPORT OF PUBLIC CHARITY PROGRAMS | $5,000 |
PLANNED PARENTHOOD OF WA PURPOSE: SUPPORT OF PUBLIC CHARITY PROGRAMS | $4,000 |
INSPIRING GIRLS EXPEDITIONS PURPOSE: SUPPORT OF PUBLIC CHARITY PROGRAMS | $5,000 |