Nonprofit · EIN 06-1485843
DAVID & ROBERTA OLSEN FAMILY FOUNDATION
Also known as OLSEN DAVID A TTEE
Tax-exempt · DALLAS, TX 75265
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $740,279 | $1,653,920 | -$913,641 | $1,482,784 | $0 | $1,482,784 |
| December 31, 2024 | 990-PF | $1,433,580 | $367,153 | $1,066,427 | $2,396,079 | $0 | $2,396,079 |
| December 31, 2023 | 990-PF | $1,161,686 | $102,427 | $1,059,259 | $2,084,645 | $0 | $2,084,645 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $67,841
- Net gain from sales of assets
- $672,438
Expenses
- Grants and similar amounts paid
- $1,622,850
- Compensation of officers, directors and key employees
- $19,055
- Disbursements for charitable purposes
- $1,630,972
- Excise tax on investment income
- $10,078
Balance sheet and other
- Total assets, start of year
- $2,396,079
- Total assets, end of year
- $1,482,784
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,482,784
- Fair market value of assets
- $1,904,451
- Qualifying distributions
- $1,630,972
- Net investment income
- $740,227
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A PO BOX 653067, DALLAS, TX 752653067 | AGENT FOR FIDUCIARY | 1 | $19,055 |
| MRS ROBERTA OLSEN C/O US TRUST, NEW YORK, NY 10036 | TRUSTEE | 1 | $0 |
| BRADLEY OLSEN C/O US TRUST, NEW YORK, NY 10036 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A 114 W 47TH ST FL 10, NEW YORK, NY 10036 | AGENT FOR FIDUCIARY | 1 | $15,977 |
| MRS ROBERTA OLSEN C/O US TRUST, NEW YORK, NY 10036 | TRUSTEE | 1 | $0 |
| BRADLEY OLSEN C/O US TRUST, NEW YORK, NY 10036 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A 114 W 47TH ST FL 10, NEW YORK, NY 10036 | AGENT FOR FIDUCIARY | 1 | $11,590 |
| MRS ROBERTA OLSEN C/O US TRUST, NEW YORK, NY 10036 | TRUSTEE | 1 | $0 |
| BRADLEY OLSEN C/O US TRUST, NEW YORK, NY 10036 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 653067, DALLAS, TX 75265-3067
- In care of
- % US TRUST
- Signed the 990-PF
- ROBERTA OLSEN, TRUSTEE
- Phone
- (888) 866-3275
- Return prepared by
- BANK OF AMERICA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 06-1485843
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $1,482,784
- Income (IRS master file)
- $2,343,563
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $740,279 | $1,653,920 | $1,482,784 | IRS |
| 990-PF | December 2024 | $1,433,580 | $367,153 | $2,396,079 | XML |
| 990-PF | December 2023 | $1,161,686 | $102,427 | $2,084,645 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1485843).
Questions about DAVID & ROBERTA OLSEN FAMILY FOUNDATION
- What is the EIN of DAVID & ROBERTA OLSEN FAMILY FOUNDATION?
- The employer identification number (EIN) of DAVID & ROBERTA OLSEN FAMILY FOUNDATION is 06-1485843.
- Is DAVID & ROBERTA OLSEN FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to DAVID & ROBERTA OLSEN FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DAVID & ROBERTA OLSEN FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DAVID & ROBERTA OLSEN FAMILY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAVID & ROBERTA OLSEN FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of DAVID & ROBERTA OLSEN FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $19,055 (BANK OF AMERICA N A, AGENT FOR FIDUCIARY).
- How much revenue does DAVID & ROBERTA OLSEN FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $740,279, expenses of $1,653,920 and total assets of $1,482,784 at year end.
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