Nonprofit · EIN 36-3652262
OLSSON FOUNDATION
Tax-exempt · LINCOLN, NE 68516
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $103,645 | $92,096 | $11,549 | $1,654,227 | $0 | $1,654,227 |
| December 31, 2024 | 990-PF | $71,948 | $80,168 | -$8,220 | $1,642,678 | $0 | $1,642,678 |
| December 31, 2023 | 990-PF | -$10,071 | $83,960 | -$94,031 | $1,650,898 | $0 | $1,650,898 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $44,021
- Net gain from sales of assets
- $59,624
Expenses
- Grants and similar amounts paid
- $80,600
- Disbursements for charitable purposes
- $82,963
- Excise tax on investment income
- $1,309
Balance sheet and other
- Total assets, start of year
- $1,642,678
- Total assets, end of year
- $1,654,227
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,654,227
- Fair market value of assets
- $1,907,249
- Qualifying distributions
- $82,963
- Net investment income
- $101,803
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 |
|---|---|---|---|
| JOHN S OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | PRESIDENT | 1 | $0 |
| ELIZABETH OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | VICE PRESIDENT | 1 | $0 |
| MATTHEW J OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | TRUSTEE | 1 | $0 |
| JOHN LEWIS 3630 POTOMAC LN, LINCOLN, NE 68516 | SECRETARY / TREASURER | 1 | $0 |
| JACK A OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN S OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | PRESIDENT | 1 | $0 |
| ELIZABETH OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | VICE PRESIDENT | 1 | $0 |
| MATTHEW J OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | TRUSTEE | 1 | $0 |
| JOHN LEWIS 3630 POTOMAC LN, LINCOLN, NE 68516 | SECRETARY/TREASURER | 1 | $0 |
| JACK A OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN S OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | PRESIDENT | 0 | $0 |
| LIZ OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | SECRETARY & TREASURER | 0 | $0 |
| MATT OLSSON 3630 POTOMAC LN, LINCOLN, NE 68516 | TRUSTEE | 0 | $0 |
| JOHN LEWIS 3630 POTOMAC LN, LINCOLN, NE 68516 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3630 POTOMAC LN, LINCOLN, NE 68516-5477
- In care of
- % JOHN S OLSSON
- Signed the 990-PF
- JOHN S OLSON, PRESIDENT
- Phone
- (402) 421-7241
- Return prepared by
- Forvis Mazars LLP
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
- 36-3652262
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,654,227
- Income (IRS master file)
- $390,066
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $103,645 | $92,096 | $1,654,227 | XML |
| 990-PF | December 2024 | $71,948 | $80,168 | $1,642,678 | IRS |
| 990-PF | December 2023 | -$10,071 | $83,960 | $1,650,898 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 36-3652262).
Questions about OLSSON FOUNDATION
- What is the EIN of OLSSON FOUNDATION?
- The employer identification number (EIN) of OLSSON FOUNDATION is 36-3652262.
- Is OLSSON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to OLSSON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does OLSSON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of OLSSON 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 OLSSON 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 OLSSON FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does OLSSON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $103,645, expenses of $92,096 and total assets of $1,654,227 at year end.
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