Private Foundation

THE OLSETH FOUNDATION

THE OLSETH FOUNDATION, of MINNETONKA, MN, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.0M in revenue, $1.7M in expenses, $18.8M in total assets. IRS filings disclose 311 grants awarded by this foundation, totaling roughly $5.7M.

EIN: 411875950 MINNETONKA, MN Named Trusts N.E.C. NTEE: T90 Latest filing: 2025
Total Revenue$2.0M
Total Expenses$1.7M
Total Assets$18.8M
Grants Given311
Grant Total$5.7M
Filing Years2021–2025

Sample Grants Given

WORLD WILDLIFE FUND INC (WWF)
WASHINGTON, DC · 2025
OPERATING ($100,000)
$100,000
RECHARGE AMERICA INC
FAIRFAX, CA · 2025
AMERICA, MINNESOTA, MANKATO
$90,000
ST OLAF COLLEGE
NORTHFIELD, MN · 2025
SCHOLARSHIP FUND
$60,000
THE ADVOCATES FOR HUMAN RIGHTS
MINNEAPOLIS, MN · 2025
UN TRAINING COSTS ($3,000), OPERATIONS ($37,500), ACT NOW CAMPAIGN ($12,500)
$53,000
GREATER MANKATO AREA UNITED WAY INC
MANKATO, MN · 2025
4TH GRADE BOOK PROJECT ($24,000), KINDNESS BOOTH PROJECT ($2,500), GENERAL OPERATION ($20,000)
$46,500

Showing up to 5 of 311 total records — full history available with membership.

Officers & Directors

PRESIDENT Cheryl A Olseth
VICE-PRESIDENT/SECRETARY Jon P Olseth
TREASURER Karen L Solomon
ADMINISTRATIVE OFFICER Margaret Cronin

Officer compensation and complete director data available with membership.

Top Grant Purposes

OPERATING
$2,803,500 196 grants
SCHOLARSHIP FUND
$360,000 6 grants
AMERICA/ MINNESOTA/ MANKATO
$270,000 3 grants
OPERATING ($100,000); NORTHERN GREAT PLAINS CONSERVATION ($10,000)
$110,000 1 grant
OPERATING ($100,000)
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.0M $1.7M $18.8M
2024 $1.1M $1.6M $18.5M
2023 $1.2M $1.5M $19.0M
2022 $-292K $1.5M $19.4M
2021 $1.2M $1.7M $21.3M

Between 2021 and 2025, reported annual revenue grew from $1.2M to $2.0M (+73%), with total assets most recently reported at $18.8M.

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

Grant Geography

Grants from this foundation were reported to recipients in CA, CO, DC, FL, MA, MD, and 4 other states.

CACODCFLMAMDMNMTNMOR

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

Similar Organizations in MN

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ST PAUL, MN · Named Trusts N.E.C.
FELHABER LARSON FENLON & VOGT FOUNDATION
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ALBANY MUTUAL TELEPHONE FOUNDATION
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