Private Foundation

THE OLSETH FOUNDATION

THE OLSETH FOUNDATION, of MINNETONKA, MN, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.1M in revenue, $1.6M in expenses, $18.5M in total assets. IRS filings disclose 254 grants awarded by this foundation, totaling roughly $4.7M.

EIN: 411875950 MINNETONKA, MN Latest filing: 2024
Total Revenue$1.1M
Total Expenses$1.6M
Total Assets$18.5M
Grants Given254
Grant Total$4.7M
Filing Years2020–2024

Sample Grants Given

WORLD WILDLIFE FUND INC (WWF)
WASHINGTON, DC · 2024
OPERATING ($100,000); NORTHERN GREAT PLAINS CONSERVATION ($10,000)
$110,000
RECHARGE AMERICA INC
FAIRFAX, CA · 2024
AMERICA/ MINNESOTA/ MANKATO
$90,000
ST OLAF COLLEGE
NORTHFIELD, MN · 2024
SCHOLARSHIP FUND
$60,000
GREATER MANKATO AREA UNITED WAY INC
MANKATO, MN · 2024
OPERATING ($20,000), BOOKS FOR KIDS PROGRAM ($20,500), KINDNESS BOOK PROJECT ($2,500)
$43,000
PATH HOME (FORMERLY PHFS)
PORTLAND, OR · 2024
GENERAL OPERATING ($10,000); PREVENTION PROGRAM ($20,000); NONPROFIT COLLABORATION PROGRAM ($7,500)
$37,500

Showing up to 5 of 254 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
$2,501,000 169 grants
SCHOLARSHIP FUND
$300,000 5 grants
AMERICA/ MINNESOTA/ MANKATO
$270,000 3 grants
OPERATING ($100,000); NORTHERN GREAT PLAINS CONSERVATION ($10,000)
$110,000 1 grant
AMERICA/ MN/ MANKATO ($65,000); ILLINOIS ($20,000)
$85,000 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $542K $1.5M $21.8M

Between 2020 and 2024, reported annual revenue grew from $542K to $1.1M (+103%), with total assets most recently reported at $18.5M.

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.

See the full picture for THE OLSETH FOUNDATION

Complete financials, all 254 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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