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Nonprofit · EIN 46-4203595

DR DAVID & KAREN OLSON FAMILY FOUNDATION

Tax-exempt · LA CROSSE, WI 54601

Financials

$940K$252K2023$232K$251K2024$289K$250K2025
Revenue Expenses · by fiscal year end
Financials of DR DAVID & KAREN OLSON FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$288,939$250,266$38,673$3,936,743$0$3,936,743
December 31, 2024990-PF$232,151$250,546-$18,395$3,899,145$0$3,899,145
December 31, 2023990-PF$940,073$251,753$688,320$3,916,424$0$3,916,424
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$135,139
Net gain from sales of assets
$143,633
Other income
$10,167

Expenses

Grants and similar amounts paid
$205,000
Compensation of officers, directors and key employees
$474
Disbursements for charitable purposes
$207,533
Excise tax on investment income
$3,422

Balance sheet and other

Total assets, start of year
$3,899,145
Total assets, end of year
$3,936,743
Total liabilities, end of year
$0
Net assets, end of year
$3,936,743
Fair market value of assets
$4,730,119
Qualifying distributions
$207,533
Net investment income
$288,939

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
CT Corporation
PO Box 4349, Carol Stream, IL 60197
Agent1$474
Dr David H Olson
2190 Hillcrest Ave 2624, St Paul, MN 55116
PRES/DIRECTOR/SE1$0
Karen B Olson
2190 Hillcrest Ave 2624, St Paul, MN 55116
VICE PRES/DIRECTOR1$0
Amy Olson
977 Summit Ave B, St Paul, WI 54601
SECRETARY1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
CT Corporation
PO Box 4349, Carol Stream, IL 60197
Agent1$452
Dr David H Olson
2190 Hillcrest Ave 2624, St Paul, MN 55116
PRES/DIRECTOR/SE1$0
Karen B Olson
2190 Hillcrest Ave 2624, St Paul, MN 55116
VICE PRES/DIRECTOR1$0
Amy Olson
977 Summit Ave B, St Paul, WI 54601
SECRETARY1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Trust Point Inc
230 Front Street N, La Crosse, WI 54601
Agent1$31,606
CT Corporation
PO Box 4349, Carol Stream, IL 60197
Agent1$374
Dr David H Olson
977 Summit Avenue A, St Paul, MN 55105
PRES/DIRECTOR/SE1$0
Karen B Olson
977 Summit Avenue A, St Paul, MN 55105
VICE PRES/DIRECTOR1$0

Address and contacts

Address (IRS master file)
230 FRONT ST N, LA CROSSE, WI 54601-3219
In care of
% FOUNDATION SOURCE
Signed the 990-PF
DR DAVID OLSON, PRESIDENT
Return prepared by
TRUST POINT INC

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
46-4203595
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
Assets (IRS master file)
$3,936,743
Income (IRS master file)
$1,282,375

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$288,939$250,266$3,936,743IRS
990-PFDecember 2024$232,151$250,546$3,899,145IRS
990-PFDecember 2023$940,073$251,753$3,916,424XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 46-4203595).

Questions about DR DAVID & KAREN OLSON FAMILY FOUNDATION

What is the EIN of DR DAVID & KAREN OLSON FAMILY FOUNDATION?
The employer identification number (EIN) of DR DAVID & KAREN OLSON FAMILY FOUNDATION is 46-4203595.
Is DR DAVID & KAREN OLSON FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to DR DAVID & KAREN OLSON FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DR DAVID & KAREN OLSON FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of DR DAVID & KAREN 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 DR DAVID & KAREN 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 DR DAVID & KAREN OLSON FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $474 (CT Corporation, Agent).
How much revenue does DR DAVID & KAREN OLSON FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $288,939, expenses of $250,266 and total assets of $3,936,743 at year end.

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