Nonprofit · EIN 46-1639212
TOM & CYNTHIA OLSON FAMILY FOUNDATION
Tax-exempt · LINCOLN, NE 68512
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $263,446 | $114,986 | $148,460 | $1,220,273 | $0 | $1,220,273 |
| December 31, 2024 | 990-PF | $119,913 | $86,541 | $33,372 | $1,071,500 | $0 | $1,071,500 |
| December 31, 2023 | 990-PF | $34,009 | $90,011 | -$56,002 | $1,037,920 | $0 | $1,037,920 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $39,549
- Interest
- $215
- Net gain from sales of assets
- $223,032
- Other income
- $650
Expenses
- Grants and similar amounts paid
- $86,200
- Disbursements for charitable purposes
- $88,923
- Excise tax on investment income
- $3,314
Balance sheet and other
- Total assets, start of year
- $1,071,500
- Total assets, end of year
- $1,220,273
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,220,273
- Fair market value of assets
- $2,304,837
- Qualifying distributions
- $88,923
- Net investment income
- $262,796
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 |
|---|---|---|---|
| THOMAS H OLSON JR 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | PRESIDENT, SECRETARY, & TREASURER | 1 | $0 |
| CYNTHIA A OLSON 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | DIRECTOR | 1 | $0 |
| KERSTIN O ECKSTROM 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | DIRECTOR | 1 | $0 |
| LYNNE O PETRO 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA A OLSON 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | DIRECTOR | 1 | $0 |
| KERSTIN O ECKSTROM 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | DIRECTOR | 1 | $0 |
| LYNNE O PETRO 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | DIRECTOR | 1 | $0 |
| THOMAS H OLSON JR 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | PRESIDENT, SECRETARY, & TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS H OLSON JR 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | PRESIDENT, SECRETARY, & TREASURER | 1 | $0 |
| CYNTHIA A OLSON 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | DIRECTOR | 1 | $0 |
| KERSTIN O ECKSTROM 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | DIRECTOR | 1 | $0 |
| LYNNE O PETRO 9819 THORNWOOD CIRCLE, LINCOLN, NE 68512 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 9819 THORNWOOD CIR, LINCOLN, NE 68512-4869
- In care of
- % THOMAS H OLSON JR
- Signed the 990-PF
- THOMAS H OLSON JR, PRESIDENT
- Phone
- (402) 475-5100
- 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
- 46-1639212
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Unknown (Z99)
- Assets (IRS master file)
- $1,220,273
- Income (IRS master file)
- $454,852
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $263,446 | $114,986 | $1,220,273 | IRS |
| 990-PF | December 2024 | $119,913 | $86,541 | $1,071,500 | IRS |
| 990-PF | December 2023 | $34,009 | $90,011 | $1,037,920 | 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 46-1639212).
Questions about TOM & CYNTHIA OLSON FAMILY FOUNDATION
- What is the EIN of TOM & CYNTHIA OLSON FAMILY FOUNDATION?
- The employer identification number (EIN) of TOM & CYNTHIA OLSON FAMILY FOUNDATION is 46-1639212.
- Is TOM & CYNTHIA OLSON FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to TOM & CYNTHIA OLSON FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TOM & CYNTHIA OLSON FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TOM & CYNTHIA OLSON 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 TOM & CYNTHIA OLSON 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 TOM & CYNTHIA OLSON FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does TOM & CYNTHIA OLSON FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $263,446, expenses of $114,986 and total assets of $1,220,273 at year end.
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