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Foundations / Texas

The Olsen Foundation

Preselected recipients only Austin, Texas · EIN 260423044

The Olsen Foundation is a private foundation in Austin, Texas. In tax year 2024 it gave $1,000 in 1 grant; the typical grant was $1,000 and the largest $1,000. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was up from $600 the year before.

0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$6001$18,691
2024$1,0001$17,432

How to apply

The Olsen Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What The Olsen Foundation funds

Where it gives

All of its grants went to recipients in Louisiana.

StateGrantsAmount
Louisiana1$1,000

Grants paid in 2024

All 1 grants
RecipientPurposeAmount
Our Lady of Wisdom Church
Lafayette, LA
Religious$1,000

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does The Olsen Foundation accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does The Olsen Foundation give?

$1,000 in tax year 2024, across 1 grant, with a typical grant of $1,000.

Who runs The Olsen Foundation?

Its 2024 filing lists Richard G Zepernick Jr (Member and Director), Sheila Matte Zepernick (Member and Director) and Lee J Matherne (Director).

What does The Olsen Foundation fund?

Based on its grants, mainly faith communities.

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