Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 35-2192036

OLSON FAMILY FOUNDATION INC

Tax-exempt · LIVINGSTON, TX 77399

Financials

$1.1M$2.2M2023$1.2M$2M2024$3.1M$2.5M2025
Revenue Expenses · by fiscal year end
Financials of OLSON FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$3,127,228$2,536,621$590,607$27,346,927$0$27,346,927
December 31, 2024990-PF$1,227,379$2,039,815-$812,436$26,756,320$0$26,756,320
December 31, 2023990-PF$1,139,456$2,231,834-$1,092,378$27,568,756$0$27,568,756
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$329,782
Net gain from sales of assets
$2,797,446

Expenses

Grants and similar amounts paid
$2,463,907
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,463,907
Excise tax on investment income
$42,865

Balance sheet and other

Total assets, start of year
$26,756,320
Total assets, end of year
$27,346,927
Total liabilities, end of year
$0
Net assets, end of year
$27,346,927
Fair market value of assets
$51,279,382
Qualifying distributions
$2,463,907
Net investment income
$3,127,228

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.

NameTitleHours / weekCompensation
GREGORY OLSON
101 RAINBOW DRIVE PMB 7465, LIVINGSTON, TX 77399
SECRETARY/TREASURER/DIRECT0.5$0
SANDRA J OLSON
101 RAINBOW DRIVE PMB 7465, LIVINGSTON, TX 77399
PRESIDENT/DIRECTOR0.5$0
DONNA COSSANDRA OLSON
101 RAINBOW DRIVE PMB 7465, LIVINGSTON, TX 77399
HONORARY DIRECTOR0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
GREGORY OLSON
PO BOX 926, SUQUAMISH, WA 98392
SECRETARY/TREASURER/DIRECT0.5$0
SANDRA J OLSON
PO BOX 926, SUQUAMISH, WA 98392
PRESIDENT/DIRECTOR0.5$0
DONNA COSSANDRA OLSON
PO BOX 926, SUQUAMISH, WA 98392
HONORARY DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
GREGORY OLSON
PO BOX 926, SUQUAMISH, WA 98392
SECRETARY/TREASURER/DIRECT0.5$0
SANDRA J OLSON
PO BOX 926, SUQUAMISH, WA 98392
PRESIDENT/DIRECTOR0.5$0
DONNA COSSANDRA OLSON
PO BOX 926, SUQUAMISH, WA 98392
HONORARY DIRECTOR0$0

Address and contacts

Address (IRS master file)
101 RAINBOW DR PMB 7465, LIVINGSTON, TX 77399-9301
In care of
% GREGORY W OLSON
Signed the 990-PF
GREGORY OLSON, SECRETARY/TREASURER
Phone
(405) 478-3300
Return prepared by
SMITH CARNEY & CO PC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
35-2192036
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
2003
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$27,346,927
Income (IRS master file)
$14,861,188

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$3,127,228$2,536,621$27,346,927IRS
990-PFDecember 2024$1,227,379$2,039,815$26,756,320IRS
990-PFDecember 2023$1,139,456$2,231,834$27,568,756XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 35-2192036).

Questions about OLSON FAMILY FOUNDATION INC

What is the EIN of OLSON FAMILY FOUNDATION INC?
The employer identification number (EIN) of OLSON FAMILY FOUNDATION INC is 35-2192036.
Is OLSON FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to OLSON FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does OLSON FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of OLSON FAMILY FOUNDATION INC 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 OLSON FAMILY FOUNDATION INC 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 OLSON FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does OLSON FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,127,228, expenses of $2,536,621 and total assets of $27,346,927 at year end.

Other nonprofits in LIVINGSTON

All nonprofits in LIVINGSTON · Texas · Philanthropy, voluntarism and grantmaking foundations