Private Foundation

JEANNETTE AND CURT OLSON FOUNDATION

JEANNETTE AND CURT OLSON FOUNDATION is a Private Foundation headquartered in GRANITE FALLS, MN. Financial data from the 2025 filing: $104K revenue, $119K expenses, $2.2M total assets. IRS filings disclose 138 grants awarded by this foundation, totaling roughly $875K.

EIN: 270572772 GRANITE FALLS, MN Latest filing: 2025

Total Revenue$104K

Total Expenses$119K

Total Assets$2.2M

Grants Given138

Grant Total$875K

Filing Years2020–2025

Sample Grants Given

CITY OF GRANITE FALLS

GRANITE FALLS, MN · 2025

PUBLIC PARK IMPROVEMENTS

$29,500

YELLOW MEDICINE EAST

GRANITE FALLS, MN · 2025

SCHOLARSHIPS TO HIGH SCHOOL SENIORS

$25,000

NEIGHBORS UNITED RESOURCE CENTER

GRANITE FALLS, MN · 2025

FEED THE NEEDY

$15,000

AVERA FOUNDATION

SIOUX FALLS, SD · 2025

GRANITE FALLS AMBULANCE FUND

$5,000

GRANITE FALLS CONGREGATIONAL

GRANITE FALLS, MN · 2025

OPERATIONAL EXPENSES

$5,000

Showing up to 5 of 138 total records — full history available with membership.

Officers & Directors

TREASURER Barry Evenstad

SECRETARY Brad Peterson

VICE-PRESIDE John Virnig

PRESIDENT Spencer H Kvam

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOLARSHIPS TO HIGH SCHOOL SENIORS

$174,000 8 grants

OPERATIONAL EXPENSES

$146,000 29 grants

FEED THE NEEDY

$125,500 8 grants

CHARITABLE ACTIVITIES

$56,500 20 grants

RECREATION FIELDS

$50,000 3 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$104K	$119K	$2.2M
2024	$168K	$108K	$2.2M
2023	$110K	$108K	$2.1M
2022	$136K	$122K	$2.1M
2020	$54K	$114K	$2.1M

Between 2020 and 2025, reported annual revenue grew from $54K to $104K (+92%), with total assets most recently reported at $2.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MN, SD.

MNSD

Full geographic grant map with state-by-state breakdown available with membership.

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