2021-05-17T14:04:25-05:00 2020-12-31 861065772 DELOITTE TAX LLP 50 SOUTH SIXTH STREET MINNEAPOLIS MN 55402 990PF 2020-01-01 411875950 THE OLSETH FOUNDATION OLSE 6122673287 601 CARLSON PARKWAY SUITE 1050 MINNETONKA MN 55305 CHERYL OLSETH PRESIDENT 6122673287 2021-05-17 1 CHERYL OLSETH 999009999 KATHERINE POPPEN P01696738 6123974000 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X 30004923 X X 53569 61853 396667 404962 91615 1208731 75019 541851 541834 284996 0 284996 66000 0 66000 24270 0 24270 30443 10227 22322 2046 0 2046 164585 156171 8133 572340 166398 407767 908000 908000 1480340 166398 1315767 -938489 375436 1629423 1187703 1187703 10064267 9607906 17049159 11070378 11029379 11768061 22764068 21824988 30004923 0 0 X 0 0 0 0 22764068 21824988 22764068 21824988 22764068 21824988 22764068 -938489 0 21825579 591 21824988 RBC FINANCIAL - CAPITAL GAIN DISTRIBUTION P 80942 80942 80942 PUBLICLY TRADED SECURITIES P 1127789 1133712 -5923 -5923 75019 5219 0 5219 0 5219 3800 0 0 0 3800 X 19 1438 0 0 0 0 0 0 0 0 0 0 1 1 MN OR 1 0 0 0 0 1 HTTP://WWW.OLSETHFAMILYFOUNDATION.ORG/ KAREN SOLOMON 6128029751 601 CARLSON PARKWAY SUITE 1050 MINNETONKA MN 55305 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KAREN L SOLOMON 601 CARLSON PARKWAY SUITE 1050 MINNETONKA MN 55305 TREASURER 20.00 95000 0 0 JON P OLSETH 601 CARLSON PARKWAY SUITE 1050 MINNETONKA MN 55305 VICE-PRESIDENT/SECRETARY 20.00 94996 0 0 CHERYL A OLSETH 601 CARLSON PARKWAY SUITE 1050 MINNETONKA MN 55305 PRESIDENT 20.00 95000 0 0 MARGARET CRONIN 601 CARLSON PARKWAY SUITE 1050 MINNETONKA MN 55305 ADMINISTRATIVE OFFICER 3.60 0 0 0 NONE 0 RBC CAPITAL MARKETS LLC PO BOX 1510 MINNEAPOLIS MN 55440 WEALTH MANAGEMENT AND ADVISORY SERVICES 156452 BRIDGEVIEW LEGAL ADVISORS 601 CARLSON PARKWAY SUITE 1050 MINNETONKA MN 55305 ADVISORY SERVICES 66000 0 SEE STATEMENT 9 4500 0 0 0 NONE 0 0 0 25453890 1299228 0 26753118 0 0 26753118 401297 26351821 1317591 1317591 5219 5219 1312372 0 1312372 0 1312372 1315767 0 1315767 0 1315767 1312372 0 0 11763 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FEED THE MASS 2305 SE 50TH AVENUE SUITE 100 PORTLAND OR 97215 PC OPERATING 5000 FORT LEWIS COLLEGE FOUNDATION 1000 RIM DRIVE DURANGO CO 81301 PC OPERATING 10000 FREE GEEK 1731 SE 10TH AVE PORTLAND OR 97214 PC OPERATING 20000 FRIENDS OF SAX-ZIMBOG PO BOX 3585 DULUTH MN 55803 PC OPERATING 1000 GIVING VOICE INITIATIVE 7801 EAST BUSH LAKE ROAD 120 BLOOMINGTON MN 55439 PC OPERATING 7500 JUNGLE THEATRE 2951 LYNDALE AVE S MINNEAPOLIS MN 55408 PC OPERATING 21000 KLAMATH-SISKIYOU WILDLANDS CENTER (KS WILD) PO BOX 102 ASHLAND OR 97520 PC OPERATING 5000 MANKATO CALEDONIAN CURLING CLUB INC 600 HOPE ST PO BOX 75 MANKATO MN 56002 PC OPERATING 5000 MERELY PLAYERS COMMUNITY THEATRE INC PO BOX 3637 MANKATO MN 56002 PC OPERATING 1000 MINNESOTA ENGATEMENT ON SHELTER & HOUSING 740 EAST 17TH ST MINNEAPOLIS MN 55404 PC OPERATING 5000 MINNESOTA PUBLIC RADIO 480 CEDAR STREET ST PAUL MN 55101 PC OPERATING 10000 NEIGHBORHOOD HOUSE INC 7780 SW CAPITOL HWY PORTLAND OR 97219 PC OPERATING 5000 OPEN DOOR HEALTH CENTER 309 HOLLY LANE MANKATO MN 56001 PC OPERATING 5000 OREGON FOOD BANK INC 7900 NE 33RD DRIVE PORTLAND OR 97211 PC OPERATING 30000 OREGON INNOCENCE PROJECT OREGON JUSTICE RESOURCE CENTER PO BOX 5248 PORTLAND OR 97208 PC OPERATING 2000 OREGON PUBLIC BROADCASTING 7140 SW MACADAM AVENUE PORTLAND OR 97219 PC OPERATING 10000 OREGON NATURAL RESOURCES COUNCIL FUND (OREGON WILD) 5825 N GREELEY AVE PORTLAND OR 97217 PC OPERATING 35000 OREGON WILDLIFE FOUNDATION 901 SE OAK STREET SUITE 103 PORTLAND OR 97214 PC GILCHRIST WILDLIFE UNDERPASS 5000 PEAR 338 NW 6TH AVE PORTLAND OR 97209 PC OPERATING 5000 PLANNED PARENTHOOD COLUMBIA WILLAMETTE 3727 NE MARTIN LUTHER KING JR BLVD PORTLAND OR 97212 PC OPERATING 25000 PORTLAND HOMELESS FAMILY SOLUTIONS 6220 SE 92ND AVE PORTLAND OR 97266 PC ADOPT-A-ROOM PROGRAM 12500 RALALA (ROOSEVELT AND LAWRENCE LAKES ASSOCIATION) PO BOX 139 OUTING MN 56662 PC OPERATING 2000 RECHARGE AMERICA 88 DOMINGA AVE FAIRFAX CA 94930 PC OPERATING 60000 RECHARGE MINNESOTA 89 DOMINGA AVE FAIRFAX CA 94930 PC OPERATING 2500 SATURDAY ACADEMY (FRIENDS OF SATURDAY ACADEMY) 5000 N WILLAMETTE BLVD PORTLAND OR 97203 PC INTERNSHIPS 10000 SECOND HARVEST HEARTLAND 7101 WINNETKA AVE NORTH BROOKLYN PARK MN 55428 PC OPERATING 20000 SOUTHWEST ENVIRONMENTAL CENTER 275 NORTH DOWNTOWN MALL LAS CRUCES NM 88001 PC OPERATING 5000 ST OLAF COLLEGE 1520 ST OLAF AVENUE NORTHFIELD MN 55057 PC SCHOLARSHIP FUND 60000 THE LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY 620 SW FIFTH AVENUE SUITE 1025 PORTLAND OR 97204 PC OPERATING 30000 UNCF 1805 7TH STREET NW WASHINGTON DC 20001 PC OPERATING 5000 UNIVERSITY OF WISCONSIN FOUNDATION 1848 UNIVERSITY AVENUE MADISON WI 53726 PC PREDATOR RESEARCH ($5,000); MATH DEPARTMENT ($5,000) 10000 VINE FAITH IN ACTION 421 E HICKORY ST MANKATO MN 56001 PC OPERATING 5000 WAVES OF CHANGE 27010 EDGEWOOD RD EXCELSIOR MN 55331 PC OPERATING 2000 WORLD WILDLIFE FUND INC (WWF) 1250 24TH ST NW WASHINGTON DC 20037 PC OPERATING 100000 ADVOCATES FOR HUMAN RIGHTS 330 SECOND AVENUE SOUTH SUITE 800 MINNEAPOLIS MN 55401 PC OPERATING 9500 CHILDREN'S MUSEUM OF SOUTHERN MINNESOTA 224 LAMM ST MANKATO MN 56001 PC OPERATING ($10,000); LEVEL 2 CHARGER ($5,000) 15000 CLIMATE GENERATION A WILL STEGER LEGACY 2801 21ST AVENUE SUITE 110 MINNEAPOLIS MN 55407 PC OPERATING 30000 FRIENDS OF THE HENNEPIN COUNTY LIBRARY 300 NICOLLET MALL SUITE N-290 MINNEAPOLIS MN 55401 PC OPERATING 25000 FRESH ENERGY 408 SAINT PETER STREET SUITE 220 ST PAUL MN 55102 PC OPERATING 15000 GREATER MANKATO AREA UNITED WAY INC 127 S 2ND STREET SUITE 190 MANKATO MN 56001 PC OPERATING ($20,000); BOOKS FOR KIDS PROGRAM ($14,000) 34000 MANKATO AREA FOUNDATION 212 E WALNUT STREET MANKATO MN 56001 PC OPERATING ($15,000); COMMUNITY COVID RELIEF ($10,000) 25000 MEALS ON WHEELS PEOPLE INC 7710 SW 31ST AVENUE PORTLAND OR 97219 PC OPERATING 20000 MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INCORPORATED 309 WIGLEY ADMINISTRATION CENTER MANKATO MN 56001 PC STUDENT SCHOLARSHIPS ($5,000); MAV CARES FUND ($5,000); THEATRE ($2,000) 12000 OFF THE BLUE COUCH 3119 IRVING AVENUE NORTH MINNEAPOLIS MN 55411 PC OPERATING 3000 PEOPLE SERVING PEOPLE INC 614 3RD STREET S MINNEAPOLIS MN 55415 PC OPERATING 10000 PLANNED PARENTHOOD NORTH CENTRAL STATES 671 VANDALIA ST ST PAUL MN 55114 PC OPERATING ($50,000); UPTOWN CLINIC ($20,000) 70000 RIVERLAND COMMUNITY COLLEGE FOUNDATION 1900 EIGHTH AVENUE NORTHWEST AUSTIN MN 55912 PC VERSE LIKE WATER ($10,000); SCHOLARSHIPS ($5,000); THEATER ($2,000) 17000 THE HISTORY THEATRE INC 30 E 10TH ST ST PAUL MN 55101 PC OPERATING 20000 UNIVERSITY OF MINNESOTA FOUNDATION 200 OAK STREET SE MINNEAPOLIS MN 55455 PC RAPTOR CENTER FUND ($5,000); STUDENT PARENT HELP CENTER ($10,000); CENTER FOR FOREST ECOLOGY ($10,000) 25000 908000 0 14 53569 14 396667 18 91615 0 541851 0 541851 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 24270 0 24270 NONE 0 SUMMARY OF DIRECT CHARITABLE ACTIVITY FORM 990-PF, PART IX-A, LINE 1 THE OLSETH FOUNDATION CONTINUED TO ENGAGE IN SEVERAL DIRECT CHARITABLE ACTIVITIES DURING THE YEAR 2020. IN-PERSON EVENTS AND ACTIVITIES WERE LIMITED DUE TO COVID-19, BUT THE FOUNDATION WAS STILL ABLE TO DIRECTLY SUPPORT ITS MISSION THROUGH CHARITABLE ACTIVITIES AND VIRTUAL EVENTS. A SIGNIFICANT DIRECT CHARITABLE ACTIVITY LEAD BY FOUNDATION BOARD MEMBER/OFFICER JON OLSETH WAS AN INAUGURAL RECHARGE MINNESOTA RECOGNITION EVENT HELD ON SEPTEMBER 22, 2020 TO ACKNOWLEDGE ORGANIZATIONS IN MINNESOTA WHO HAVE EACH PLEDGED TO TAKE POSITIVE ACTIONS RELATED TO ELECTRIC VEHICLES THAT FIT THEIR CIRCUMSTANCE AND SHARE THEIR EXPERIENCES TO HELP OTHERS LEARN. MORE INFORMATION REGARDING RECHARGE MINNESOTA AND THE RECOGNITION EVENT IS LOCATED HERE: HTTPS://WWW.RECHARGE-MINNESOTA.ORG. THIS RECOGNITION EVENT IS A MODEL THAT THE FOUNDATION IS HOPING TO BRING TO OTHER COMMUNITIES IN MINNESOTA AND THROUGHOUT THE UNITED STATES. IN ADDITION, THE FOUNDATION HAS CONTINUED TO DEVELOP PHILANTHROPIC, COMMUNITY, EDUCATIONAL, AND GOVERNMENTAL COLLABORATIONS DESIGNED TO BUILD AWARENESS OF THE ECONOMIC AND ENVIRONMENTAL BENEFITS OF ELECTRIC VEHICLES AND SUPPORT THE INFRASTRUCTURE THAT WILL ALLOW ELECTRIC VEHICLES TO BECOME MORE WIDELY ADOPTED. CHERYL OLSETH COMPLETED CLIMATE CHANGE EDUCATION TRAINING WITH CLIMATE REALITY PROJECT IN 2019 AND CONTINUES TO GIVE EDUCATIONAL PRESENTATIONS ON CLIMATE CHANGE TO LOCAL GROUPS.ANOTHER DIRECT CHARITABLE ACTIVITY OF THE FOUNDATION IN 2020 WAS A PARTNERSHIP BETWEEN THE FOUNDATION AND CENTRAL LAKE COLLEGE'S VERSE LIKE WATER PROGRAM TO DELIVER 1,000 COPIES OF POET LAUREATE JOY HARJO'S BOOK TO STUDENTS IN THE BRAINERD LAKES AREA OF MINNESOTA (HTTPS://WWW.BRAINERDDISPATCH.COM/ENTERTAINMENT/BOOKS/6750199-VERSE-LIKE-WATER-PRESENTS-U.S.-POET-LAUREATE-JOY-HARJO-IN-VIRTUAL-EVENT). THE FOUNDATION'S BOOK DISTRIBUTION WAS ACCOMPANIED BY A VIRTUAL POETRY READING EVENT FEATURING JOY HARJO.THESE DIRECT CHARITABLE ACTIVITIES FURTHER THE EXEMPT PURPOSES OF THE OLSETH FOUNDATION. CHARITABLE MISSION OF THE OLSETH FOUNDATION FORM 990-PF THE CHARITABLE MISSION OF THE OLSETH FOUNDATION IS TO WORK TO IMPROVE OUR COMMUNITIES THROUGH SUPPORT OF THE ARTS, EDUCATION, THE ENVIRONMENT, AND THE UNDERSERVED. THE OLSETH FOUNDATION BOARD MEMBERS DEMONSTRATE THEIR COMMITMENT TO THE FOUR PILLARS OF THEIR MISSION THROUGH BOARD SERVICE AND COLLABORATION WITH OTHER CHARITABLE ORGANIZATIONS WHOSE CHARITABLE OBJECTIVES ARE SIMILAR IN FOCUS. BOARD MEMBERS OF THE OLSETH FOUNDATION SERVE AS BOARD MEMBERS OR ADVISORS OF WORLD WILDLIFE FUND (WWF), WWF NORTHERN GREAT PLAINS, PLANNED PARENTHOOD NORTH CENTRAL STATES, FRIENDS OF THE HENNEPIN COUNTY LIBRARY, CLIMATE GENERATION, AND RECHARGE AMERICA. THEY PROVIDE EDUCATIONAL TRAINING ON CLIMATE CHANGE TO GROUPS OF ALL AGES. IN PARTNERSHIP WITH THEIR GRANTEES, THEY AUTHOR ARTICLES ON ELECTRIC VEHICLE USE, FOOD INSECURITY AND RACIAL INJUSTICE. THEY ARE LEADERS IN THE EFFORT TO EXPAND THE ADOPTION OF ELECTRIC VEHICLES IN THE COMMUNITY OF MANKATO, THROUGHOUT THE STATE OF MINNESOTA, AND NATIONALLY. PLEASE VISIT WWW.OLSETHFAMILYFOUNDATION.ORG FOR MORE INFORMATION ABOUT THE CHARITABLE PARTNERSHIPS AND COLLABORATIONS OF THE OLSETH FOUNDATION. 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