THE OLSETH FOUNDATION DBA THE OLSETH FAMILY FOUNDATION
Cite this
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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Cheryl A Olseth | PRESIDENT | 2020-2025 | $138,414 | $673,887 | 1 |
| Karen L Solomon | TREASURER | 2020-2025 | $138,414 | $673,885 | 1 |
| Jon P Olseth | VICE-PRESIDENT/SECRETARY | 2020-2025 | $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.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Margaret Cronin | ADMINISTRATIVE OFFICER | 2020-2025 | 3 | $0 reported | 1 |
People by year
2025 · 4 people listed · 3 paid, $415K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| KAREN L SOLOMON | TREASURER | 20 | $111,190 | - | $27,224 | $138,414 | 1 |
| JON P OLSETH | VICE-PRESIDENT/SECRETARY | 20 | $111,190 | - | $27,224 | $138,414 | 1 |
| CHERYL A OLSETH | PRESIDENT | 20 | $111,190 | - | $27,224 | $138,414 | 1 |
| MARGARET CRONIN | ADMINISTRATIVE OFFICER | 3 | $0 | - | $0 | $0 | 1 |
2024 · 4 people listed · 3 paid, $397K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| CHERYL A OLSETH | PRESIDENT | 20 | $107,951 | - | $24,330 | $132,281 | 1 |
| KAREN L SOLOMON | TREASURER | 20 | $107,951 | - | $24,329 | $132,280 | 1 |
| JON P OLSETH | VICE-PRESIDENT/SECRETARY | 20 | $107,951 | - | $24,329 | $132,280 | 1 |
| MARGARET CRONIN | ADMINISTRATIVE OFFICER | 3 | $0 | - | $0 | $0 | 1 |
2023 · 4 people listed · 3 paid, $332K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| CHERYL A OLSETH | PRESIDENT | 20 | $104,807 | - | $5,709 | $110,516 | 1 |
| KAREN L SOLOMON | TREASURER | 20 | $104,807 | - | $5,708 | $110,515 | 1 |
| JON P OLSETH | VICE-PRESIDENT/SECRETARY | 20 | $104,807 | - | $5,708 | $110,515 | 1 |
| MARGARET CRONIN | ADMINISTRATIVE OFFICER | 3 | $0 | - | $0 | $0 | 1 |
2022 · 4 people listed · 3 paid, $302K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| KAREN L SOLOMON | TREASURER | 20 | $100,776 | - | $0 | $100,776 | 1 |
| JON P OLSETH | VICE-PRESIDENT/SECRETARY | 20 | $100,776 | - | $0 | $100,776 | 1 |
| CHERYL A OLSETH | PRESIDENT | 20 | $100,776 | - | $0 | $100,776 | 1 |
| MARGARET CRONIN | ADMINISTRATIVE OFFICER | 3 | $0 | - | $0 | $0 | 1 |
2021 · 4 people listed · 3 paid, $291K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| KAREN L SOLOMON | TREASURER | 20 | $96,900 | - | $0 | $96,900 | 1 |
| JON P OLSETH | VICE-PRESIDENT/SECRETARY | 20 | $96,900 | - | $0 | $96,900 | 1 |
| CHERYL A OLSETH | PRESIDENT | 20 | $96,900 | - | $0 | $96,900 | 1 |
| MARGARET CRONIN | ADMINISTRATIVE OFFICER | 3 | $0 | - | $0 | $0 | 1 |
2020 · 4 people listed · 3 paid, $285K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| KAREN L SOLOMON | TREASURER | 20 | $95,000 | - | $0 | $95,000 | 1 |
| CHERYL A OLSETH | PRESIDENT | 20 | $95,000 | - | $0 | $95,000 | 1 |
| JON P OLSETH | VICE-PRESIDENT/SECRETARY | 20 | $94,996 | - | $0 | $94,996 | 1 |
| MARGARET CRONIN | ADMINISTRATIVE OFFICER | 3 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
2025 · 2 contractors · $254K
| Name | Location | Service | Paid |
|---|---|---|---|
| RBC CAPITAL MARKETS LLC | MINNEAPOLIS, MN | WEALTH MANAGEMENT AND ADVISORY SERVICES | $171,308 |
| BRIDGEVIEW LEGAL ADVISORS | MINNETONKA, MN | ADVISORY SERVICES | $82,260 |
2024 · 2 contractors · $244K
| Name | Location | Service | Paid |
|---|---|---|---|
| RBC CAPITAL MARKETS LLC | MINNEAPOLIS, MN | WEALTH MANAGEMENT AND ADVISORY SERVICES | $167,089 |
| BRIDGEVIEW LEGAL ADVISORS | MINNETONKA, MN | ADVISORY SERVICES | $76,869 |
2023 · 2 contractors · $227K
| Name | Location | Service | Paid |
|---|---|---|---|
| RBC CAPITAL MARKETS LLC | MINNEAPOLIS, MN | WEALTH MANAGEMENT AND ADVISORY SERVICES | $152,790 |
| BRIDGEVIEW LEGAL ADVISORS | MINNETONKA, MN | ADVISORY SERVICES | $74,391 |
2022 · 2 contractors · $235K
| Name | Location | Service | Paid |
|---|---|---|---|
| RBC CAPITAL MARKETS LLC | MINNEAPOLIS, MN | WEALTH MANAGEMENT AND ADVISORY SERVICES | $163,650 |
| BRIDGEVIEW LEGAL ADVISORS | MINNETONKA, MN | ADVISORY SERVICES | $71,760 |
2021 · 2 contractors · $253K
| Name | Location | Service | Paid |
|---|---|---|---|
| RBC CAPITAL MARKETS LLC | MINNEAPOLIS, MN | WEALTH MANAGEMENT AND ADVISORY SERVICES | $183,530 |
| BRIDGEVIEW LEGAL ADVISORS | MINNETONKA, MN | ADVISORY SERVICES | $69,000 |
2020 · 2 contractors · $222K
| Name | Location | Service | Paid |
|---|---|---|---|
| RBC CAPITAL MARKETS LLC | MINNEAPOLIS, MN | WEALTH MANAGEMENT AND ADVISORY SERVICES | $156,452 |
| BRIDGEVIEW LEGAL ADVISORS | MINNETONKA, MN | ADVISORY 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.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2025 · Form 990PF | ||||||||
| $1,998,578 | $1,671,318 | $18,828,292 | $18,828,292 | - | - | $333,570 | - | - |
| 2024 · Form 990PF | ||||||||
| $1,099,158 | $1,635,075 | $18,501,055 | $18,501,055 | - | - | $323,853 | - | - |
| 2023 · Form 990PF | ||||||||
| $1,150,660 | $1,542,945 | $19,037,022 | $19,037,022 | - | - | $222,283 | - | - |
| 2022 · Form 990PF | ||||||||
| -$292,385 | $1,546,795 | $19,429,822 | $19,429,822 | - | - | $302,328 | - | - |
| 2021 · Form 990PF | ||||||||
| $1,153,317 | $1,707,543 | $21,271,180 | $21,271,180 | - | - | $290,700 | - | - |
| 2020 · Form 990PF | ||||||||
| $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)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| MURPHY FAMILY FOUNDATION | MN | T90 | $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 FOUNDATION | MN | T90 | $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 MINNESOTA | MN | T90 | $3,849,527 | $4,179,922 | PRESIDENT | $0 | Same NTEE code T90, revenue within 2x, same state |
| DONALD W & MARGARET M ANDERSON FOUNDATION | MN | T90 | $1,088,431 | $1,423,836 | TRUSTEE | $0 | Same NTEE code T90, revenue within 2x, same state |
| CIRESI WALBURN FOUNDATION FOR CHILDREN | MN | T90 | $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 NECT | MN | T90 | $1,561,257 | $1,657,592 | TRUSTEE | $221,330 | Same NTEE code T90, revenue within 2x, same state |
| DIXON FAMILY FOUNDATION | NE | T90 | $2,876,424 | $1,526,094 | PRESIDENT & CEO | $296,094 | Same NTEE code T90, revenue within 2x, similar name |
| THE SWYER FAMILY FOUNDATION INC | NY | T90 | $3,447,205 | $2,928,416 | PRESIDENT / TRUSTEE | $0 | Same NTEE code T90, revenue within 2x, similar name |
| THE BERWICK DEGEL FAMILY FOUNDATION | WA | T90 | $1,952,973 | $5,072,115 | DIRECTOR | $0 | Same NTEE code T90, revenue within 2x, similar name |
| DAVIS FAMILY FOUNDATION | ME | T90 | $3,692,698 | $3,710,386 | Chief Finance and Administrative Officer | $66,277 | Same NTEE code T90, revenue within 2x, similar name |
| DWOSKIN FAMILY FOUNDATION | VA | T90 | $1,117,600 | $1,075,610 | PRESIDENT AND DIRECTOR | $0 | Same NTEE code T90, revenue within 2x, similar name |
| BESS FAMILY FOUNDATION | MA | T90 | $2,055,524 | $1,534,299 | PROGRAM COORDINATOR | $66,884 | Same NTEE code T90, revenue within 2x, similar name |
| MUSE FAMILY FOUNDATION | TX | T90 | $1,825,938 | $2,283,026 | DIRECTOR/EXECUTIVE DIRECTOR | $167,541 | Same NTEE code T90, revenue within 2x, similar name |
| PUGH FAMILY FOUNDATION | LA | T90 | $2,261,648 | $2,363,643 | EXECUTIVE DIRECTOR | $180,929 | Same NTEE code T90, revenue within 2x, similar name |
| COOK FAMILY FOUNDATION | MO | T90 | $1,038,268 | $1,030,997 | PRESIDENT/DIRECTOR | $0 | Same NTEE code T90, revenue within 2x, similar name |
| SIMON FAMILY FOUNDATION | KS | T90 | $1,030,583 | $202,770 | TRUSTEE | $0 | Same NTEE code T90, revenue within 2x, similar name |
| BOGLE FAMILY FOUNDATION | MA | T90 | $1,660,248 | $887,778 | TRUSTEE | $0 | Same NTEE code T90, revenue within 2x, similar name |
| JOBSON FAMILY FOUNDATION | MA | T90 | $2,600,167 | $1,095,611 | TRUSTEE | $0 | Same NTEE code T90, revenue within 2x, similar name |
| BROWN FAMILY FOUNDATION | SC | T90 | $2,675,013 | $546,283 | CHAIR OF TRUSTEES | $0 | Same NTEE code T90, revenue within 2x, similar name |
| FAWCETT FAMILY FOUNDATION | MI | T90 | $1,129,542 | $38,062 | PRESIDENT/SECRETARY | $0 | Same NTEE code T90, revenue within 2x, similar name |
| GOREN FAMILY FOUNDATION | CA | T90 | $1,074,334 | $3,487,020 | ASSISTANT TREASURER | $369,842 | Same NTEE code T90, revenue within 2x, similar name |
| KNIER FAMILY FOUNDATION | NC | T90 | $1,045,094 | $143,085 | TRUSTEE | $0 | Same NTEE code T90, revenue within 2x, similar name |
| FEENEY FAMILY FOUNDATION | OH | T90 | $1,034,243 | $583,771 | President | $0 | Same NTEE code T90, revenue within 2x, similar name |
| AUSTIN FAMILY FOUNDATION | OR | T90 | $2,016,891 | $4,050,600 | DIRECTOR | $0 | Same NTEE code T90, revenue within 2x, similar name |
| WISNER FAMILY FOUNDATION | DE | T90 | $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).
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
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $1,671,318 | 100% |
2024 · Form 990PF · $1,635,075 spent · pay $426,126 · grants $896,500 · events $16,850
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $1,635,075 | 100% |
2023 · Form 990PF · $1,542,945 spent · pay $356,113 · grants $907,277 · events $21,929
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $1,542,945 | 100% |
2022 · Form 990PF · $1,546,795 spent · pay $302,328 · grants $916,703 · events $14,419
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $1,546,795 | 100% |
2021 · Form 990PF · $1,707,543 spent · pay $290,700 · grants $1,101,000 · events $5,780
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $1,707,543 | 100% |
2020 · Form 990PF · $1,480,340 spent · pay $284,996 · grants $908,000 · events $2,046
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $1,480,340 | 100% |
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