THE OLSETH FOUNDATION DBA THE OLSETH FAMILY FOUNDATION

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Plain text THE OLSETH FOUNDATION DBA THE OLSETH FAMILY FOUNDATION. furp.org, nonprofit organization profile, tax years 2020–2025. https://furp.org/org/the-olseth-foundation-dba-the-olseth-family-foundation-411875950. Retrieved 2026-11-02.

APA furp.org. (n.d.). THE OLSETH FOUNDATION DBA THE OLSETH FAMILY FOUNDATION [Nonprofit organization profile; tax years 2020–2025]. Retrieved November 2, 2026, from https://furp.org/org/the-olseth-foundation-dba-the-olseth-family-foundation-411875950

MLA “THE OLSETH FOUNDATION DBA THE OLSETH FAMILY FOUNDATION.” furp.org, tax years 2020–2025, https://furp.org/org/the-olseth-foundation-dba-the-olseth-family-foundation-411875950. Accessed 2 Nov. 2026.

Retrieved 2026-11-02; covers tax years 2020–2025. Data: furp.org, CC BY 4.0.

2025 · Form 990PF · revenue $2.0M · expenses $1.7M · assets $18.8M

EIN
41-1875950
Address
601 CARLSON PKWY STE 1050, HOPKINS, MN 55305-5219
Website
HTTP://WWW.OLSETHFAMILYFOUNDATION.ORG
NTEE code
T90
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
August 1998 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
Foundation status
Private non-operating foundation
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

3 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Cheryl A Olseth PRESIDENT2020-2025 $138,414$673,887 1
Karen L Solomon TREASURER2020-2025 $138,414$673,885 1
Jon P Olseth VICE-PRESIDENT/SECRETARY2020-2025 $138,414$673,881 1

Officers and directors, no compensation reported

1 person listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Margaret Cronin ADMINISTRATIVE OFFICER2020-2025 3 $0 reported 1

People by year

2025 · 4 people listed · 3 paid, $415K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
KAREN L SOLOMON TREASURER20 $111,190-$27,224 $138,4141
JON P OLSETH VICE-PRESIDENT/SECRETARY20 $111,190-$27,224 $138,4141
CHERYL A OLSETH PRESIDENT20 $111,190-$27,224 $138,4141
MARGARET CRONIN ADMINISTRATIVE OFFICER3 $0-$0 $01
2024 · 4 people listed · 3 paid, $397K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHERYL A OLSETH PRESIDENT20 $107,951-$24,330 $132,2811
KAREN L SOLOMON TREASURER20 $107,951-$24,329 $132,2801
JON P OLSETH VICE-PRESIDENT/SECRETARY20 $107,951-$24,329 $132,2801
MARGARET CRONIN ADMINISTRATIVE OFFICER3 $0-$0 $01
2023 · 4 people listed · 3 paid, $332K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHERYL A OLSETH PRESIDENT20 $104,807-$5,709 $110,5161
KAREN L SOLOMON TREASURER20 $104,807-$5,708 $110,5151
JON P OLSETH VICE-PRESIDENT/SECRETARY20 $104,807-$5,708 $110,5151
MARGARET CRONIN ADMINISTRATIVE OFFICER3 $0-$0 $01
2022 · 4 people listed · 3 paid, $302K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
KAREN L SOLOMON TREASURER20 $100,776-$0 $100,7761
JON P OLSETH VICE-PRESIDENT/SECRETARY20 $100,776-$0 $100,7761
CHERYL A OLSETH PRESIDENT20 $100,776-$0 $100,7761
MARGARET CRONIN ADMINISTRATIVE OFFICER3 $0-$0 $01
2021 · 4 people listed · 3 paid, $291K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
KAREN L SOLOMON TREASURER20 $96,900-$0 $96,9001
JON P OLSETH VICE-PRESIDENT/SECRETARY20 $96,900-$0 $96,9001
CHERYL A OLSETH PRESIDENT20 $96,900-$0 $96,9001
MARGARET CRONIN ADMINISTRATIVE OFFICER3 $0-$0 $01
2020 · 4 people listed · 3 paid, $285K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
KAREN L SOLOMON TREASURER20 $95,000-$0 $95,0001
CHERYL A OLSETH PRESIDENT20 $95,000-$0 $95,0001
JON P OLSETH VICE-PRESIDENT/SECRETARY20 $94,996-$0 $94,9961
MARGARET CRONIN ADMINISTRATIVE OFFICER3 $0-$0 $01

Highest-paid independent contractors

2025 · 2 contractors · $254K
NameLocationServicePaid
RBC CAPITAL MARKETS LLCMINNEAPOLIS, MNWEALTH MANAGEMENT AND ADVISORY SERVICES$171,308
BRIDGEVIEW LEGAL ADVISORSMINNETONKA, MNADVISORY SERVICES$82,260
2024 · 2 contractors · $244K
NameLocationServicePaid
RBC CAPITAL MARKETS LLCMINNEAPOLIS, MNWEALTH MANAGEMENT AND ADVISORY SERVICES$167,089
BRIDGEVIEW LEGAL ADVISORSMINNETONKA, MNADVISORY SERVICES$76,869
2023 · 2 contractors · $227K
NameLocationServicePaid
RBC CAPITAL MARKETS LLCMINNEAPOLIS, MNWEALTH MANAGEMENT AND ADVISORY SERVICES$152,790
BRIDGEVIEW LEGAL ADVISORSMINNETONKA, MNADVISORY SERVICES$74,391
2022 · 2 contractors · $235K
NameLocationServicePaid
RBC CAPITAL MARKETS LLCMINNEAPOLIS, MNWEALTH MANAGEMENT AND ADVISORY SERVICES$163,650
BRIDGEVIEW LEGAL ADVISORSMINNETONKA, MNADVISORY SERVICES$71,760
2021 · 2 contractors · $253K
NameLocationServicePaid
RBC CAPITAL MARKETS LLCMINNEAPOLIS, MNWEALTH MANAGEMENT AND ADVISORY SERVICES$183,530
BRIDGEVIEW LEGAL ADVISORSMINNETONKA, MNADVISORY SERVICES$69,000
2020 · 2 contractors · $222K
NameLocationServicePaid
RBC CAPITAL MARKETS LLCMINNEAPOLIS, MNWEALTH MANAGEMENT AND ADVISORY SERVICES$156,452
BRIDGEVIEW LEGAL ADVISORSMINNETONKA, MNADVISORY SERVICES$66,000

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2025 · 51 grants to organizations · $913K · 6 grants to individuals · $14K
2024 · 45 grants to organizations · $896K
2023 · 45 grants to organizations · $907K
2022 · 47 grants to organizations · $917K
2021 · 59 grants to organizations · $1.1M
2020 · 58 grants to organizations · $908K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

No contributors are listed on Schedule B in the e-filed returns we have for this organization.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2025 · Form 990PF period ending 2025-12-31 · view filing · original 990 ↗
$1,998,578$1,671,318 $18,828,292$18,828,292 -- $333,570--
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$1,099,158$1,635,075 $18,501,055$18,501,055 -- $323,853--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$1,150,660$1,542,945 $19,037,022$19,037,022 -- $222,283--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
-$292,385$1,546,795 $19,429,822$19,429,822 -- $302,328--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$1,153,317$1,707,543 $21,271,180$21,271,180 -- $290,700--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$541,851$1,480,340 $21,824,988$21,824,988 -- $284,996--

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
MURPHY FAMILY FOUNDATIONMNT90 $1,337,893$1,221,446 DIRECTOR$19,800 Same NTEE code T90, revenue within 2x, same state, similar name
MARILYN AND GLEN NELSON FAMILY FOUNDATIONMNT90 $1,089,758$767,400 PRESIDENT, CFO & TREASURER$0 Same NTEE code T90, revenue within 2x, same state
JAY AND ROSE PHILLIPS FAMILY FOUNDATION OF MINNESOTAMNT90 $3,849,527$4,179,922 PRESIDENT$0 Same NTEE code T90, revenue within 2x, same state
DONALD W & MARGARET M ANDERSON FOUNDATIONMNT90 $1,088,431$1,423,836 TRUSTEE$0 Same NTEE code T90, revenue within 2x, same state
CIRESI WALBURN FOUNDATION FOR CHILDRENMNT90 $2,339,525$3,161,024 EXECUTIVE DIRECTOR$309,765 Same NTEE code T90, revenue within 2x, same state
EMILY VAN NUYS CHARITABLE REMAINDER TRUST NECTMNT90 $1,561,257$1,657,592 TRUSTEE$221,330 Same NTEE code T90, revenue within 2x, same state
DIXON FAMILY FOUNDATIONNET90 $2,876,424$1,526,094 PRESIDENT & CEO$296,094 Same NTEE code T90, revenue within 2x, similar name
THE SWYER FAMILY FOUNDATION INCNYT90 $3,447,205$2,928,416 PRESIDENT / TRUSTEE$0 Same NTEE code T90, revenue within 2x, similar name
THE BERWICK DEGEL FAMILY FOUNDATIONWAT90 $1,952,973$5,072,115 DIRECTOR$0 Same NTEE code T90, revenue within 2x, similar name
DAVIS FAMILY FOUNDATIONMET90 $3,692,698$3,710,386 Chief Finance and Administrative Officer$66,277 Same NTEE code T90, revenue within 2x, similar name
DWOSKIN FAMILY FOUNDATIONVAT90 $1,117,600$1,075,610 PRESIDENT AND DIRECTOR$0 Same NTEE code T90, revenue within 2x, similar name
BESS FAMILY FOUNDATIONMAT90 $2,055,524$1,534,299 PROGRAM COORDINATOR$66,884 Same NTEE code T90, revenue within 2x, similar name
MUSE FAMILY FOUNDATIONTXT90 $1,825,938$2,283,026 DIRECTOR/EXECUTIVE DIRECTOR$167,541 Same NTEE code T90, revenue within 2x, similar name
PUGH FAMILY FOUNDATIONLAT90 $2,261,648$2,363,643 EXECUTIVE DIRECTOR$180,929 Same NTEE code T90, revenue within 2x, similar name
COOK FAMILY FOUNDATIONMOT90 $1,038,268$1,030,997 PRESIDENT/DIRECTOR$0 Same NTEE code T90, revenue within 2x, similar name
SIMON FAMILY FOUNDATIONKST90 $1,030,583$202,770 TRUSTEE$0 Same NTEE code T90, revenue within 2x, similar name
BOGLE FAMILY FOUNDATIONMAT90 $1,660,248$887,778 TRUSTEE$0 Same NTEE code T90, revenue within 2x, similar name
JOBSON FAMILY FOUNDATIONMAT90 $2,600,167$1,095,611 TRUSTEE$0 Same NTEE code T90, revenue within 2x, similar name
BROWN FAMILY FOUNDATIONSCT90 $2,675,013$546,283 CHAIR OF TRUSTEES$0 Same NTEE code T90, revenue within 2x, similar name
FAWCETT FAMILY FOUNDATIONMIT90 $1,129,542$38,062 PRESIDENT/SECRETARY$0 Same NTEE code T90, revenue within 2x, similar name
GOREN FAMILY FOUNDATIONCAT90 $1,074,334$3,487,020 ASSISTANT TREASURER$369,842 Same NTEE code T90, revenue within 2x, similar name
KNIER FAMILY FOUNDATIONNCT90 $1,045,094$143,085 TRUSTEE$0 Same NTEE code T90, revenue within 2x, similar name
FEENEY FAMILY FOUNDATIONOHT90 $1,034,243$583,771 President$0 Same NTEE code T90, revenue within 2x, similar name
AUSTIN FAMILY FOUNDATIONORT90 $2,016,891$4,050,600 DIRECTOR$0 Same NTEE code T90, revenue within 2x, similar name
WISNER FAMILY FOUNDATIONDET90 $1,695,519$232,394 Dir$0 Same NTEE code T90, revenue within 2x, similar name

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
WALTER SCOTT FAMILY FOUNDATION Private foundation$15,996,8004 22019–2020 DIXON FAMILY FOUNDATION; PARKER FAMILY FOUNDATION
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC DAF sponsor$156,0002 12023–2024 NELSON FAMILY LIFE FOUNDATION INC
DONOR ADVISED CHARITABLE GIVING DAF sponsor$124,0003 22023–2024 NELSON FAMILY LIFE FOUNDATION INC; BROOKINGS FOUNDATION
PINCUS FAMILY FUND Private foundation$107,5001 12020–2020 THE SARAH MIN AND MATT PINCUS FOUNDATION
COMMUNITIES FOUNDATION OF TEXAS DAF sponsor$67,4861 12024–2024 THE GOOD FOUNDATION OF TEXAS
THRIVENT CHARITABLE IMPACT & INVESTING DAF sponsor$41,4644 12022–2025 BROOKINGS FOUNDATION
CHANDRAMOHAN FAMILY FOUNDATION Private foundation$35,0002 12015–2024 SRI LANKA FOUNDATION
CENTRAL TEXAS COMMUNITY FOUNDATION INC DAF sponsor$15,0002 12020–2021 NELSON FAMILY LIFE FOUNDATION INC
NATIONAL CHRISTIAN CHARITABLE FOUNDATION DAF sponsor$10,0001 12021–2021 NELSON FAMILY LIFE FOUNDATION INC
AMERICAN ENDOWMENT FOUNDATION DAF sponsor$8,5001 12024–2024 NELSON FAMILY LIFE FOUNDATION INC
SOUTH DAKOTA COMMUNITY FOUNDATION DAF sponsor$6,0001 12020–2020 BROOKINGS FOUNDATION
SMALL WORLD FOUNDATION Private foundation$5,9304 12022–2025 BRANDENBURG FAMILY FOUNDATION
ROBERT E & PATRICIA S FISHBACK FOUNDATION Private foundation$2,0001 12024–2024 BROOKINGS FOUNDATION
TULL CHARITABLE FOUNDATION INC Private foundation$1,0001 12024–2024 BREMAN FOUNDATION INC
THE DEAN M GRAHAM FOUNDATION Private foundation$2001 12010–2010 SUNSHINE FOUNDATION

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2025 · Form 990PF · $1,671,318 spent · pay $436,971 · grants $926,738 · events $21,341
LineAs describedTotalShare
Contributions, gifts, grants paid $926,738 55.4%
Pay: officers, directors, trustees $333,570 20.0%
Fees: other professional $255,444 15.3%
Pension plans and employee benefits $103,401 6.2%
Travel, conferences and meetings $21,341 1.3%
Fees: accounting $15,746 0.9%
Taxes $13,390 0.8%
Other expenses $1,688 0.1%
Total$1,671,318100%

View the filing

2024 · Form 990PF · $1,635,075 spent · pay $426,126 · grants $896,500 · events $16,850
LineAs describedTotalShare
Contributions, gifts, grants paid $896,500 54.8%
Pay: officers, directors, trustees $323,853 19.8%
Fees: other professional $249,503 15.3%
Pension plans and employee benefits $102,273 6.3%
Taxes $25,982 1.6%
Travel, conferences and meetings $16,850 1.0%
Fees: accounting $14,580 0.9%
Other expenses $5,534 0.3%
Total$1,635,075100%

View the filing

2023 · Form 990PF · $1,542,945 spent · pay $356,113 · grants $907,277 · events $21,929
LineAs describedTotalShare
Contributions, gifts, grants paid $907,277 58.8%
Pay: officers, directors, trustees $222,283 14.4%
Fees: other professional $158,061 10.2%
Pension plans and employee benefits $133,830 8.7%
Fees: legal $74,391 4.8%
Travel, conferences and meetings $21,929 1.4%
Fees: accounting $17,468 1.1%
Taxes $6,261 0.4%
Other expenses $1,445 0.1%
Total$1,542,945100%

View the filing

2022 · Form 990PF · $1,546,795 spent · pay $302,328 · grants $916,703 · events $14,419
LineAs describedTotalShare
Contributions, gifts, grants paid $916,703 59.3%
Pay: officers, directors, trustees $302,328 19.5%
Other expenses $187,232 12.1%
Fees: legal $71,760 4.6%
Taxes $37,353 2.4%
Fees: accounting $17,000 1.1%
Travel, conferences and meetings $14,419 0.9%
Total$1,546,795100%

View the filing

2021 · Form 990PF · $1,707,543 spent · pay $290,700 · grants $1,101,000 · events $5,780
LineAs describedTotalShare
Contributions, gifts, grants paid $1,101,000 64.5%
Pay: officers, directors, trustees $290,700 17.0%
Other expenses $194,130 11.4%
Fees: legal $69,000 4.0%
Taxes $30,880 1.8%
Fees: accounting $16,053 0.9%
Travel, conferences and meetings $5,780 0.3%
Total$1,707,543100%

View the filing

2020 · Form 990PF · $1,480,340 spent · pay $284,996 · grants $908,000 · events $2,046
LineAs describedTotalShare
Contributions, gifts, grants paid $908,000 61.3%
Pay: officers, directors, trustees $284,996 19.3%
Other expenses $164,585 11.1%
Fees: legal $66,000 4.5%
Taxes $30,443 2.1%
Fees: accounting $24,270 1.6%
Travel, conferences and meetings $2,046 0.1%
Total$1,480,340100%

View the filing

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