Carole and Milo Olson Family Foundation
Preselected recipients only
Carole and Milo Olson Family Foundation is a private foundation in Wautoma, Wisconsin. In tax year 2025 it gave $50,000 in 4 grants; the typical grant was $12,500 and the largest $15,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$50,000
- Number of grants4
- Typical grant$12,500
- Largest grant$15,000
- Assets$1.0 million
- New grantees0%
Giving in 2025 was up from $40,000 the year before.
0% of its 2025 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 year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $27,000 | 5 | $741,368 |
| 2024 | $40,000 | 5 | $905,359 |
| 2025 | $50,000 | 4 | $1.0 million |
How to apply
Carole and Milo Olson Family 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.
What Carole and Milo Olson Family Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Wisconsin.
| State | Grants | Amount |
|---|---|---|
| Wisconsin | 2 | $20,000 |
| Iowa | 1 | $15,000 |
| Minnesota | 1 | $15,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Gustavus Adolphus College | annual operating expenses | $15,000 |
| Luther College | annual operating expenses | $15,000 |
| Otter Creek Lutheran Church | annual operating expenses | $10,000 |
| Immanuel Lutheran Church | annual operating expenses | $10,000 |
Officers and trustees
- Carole Olson
- Erik Olson
- Johanna Olson
Questions people ask
Does Carole and Milo Olson Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Carole and Milo Olson Family Foundation give?
$50,000 in tax year 2025, across 4 grants, with a typical grant of $12,500.
Who runs Carole and Milo Olson Family Foundation?
Its 2025 filing lists Carole Olson (co-trustee), Erik Olson (co-trustee) and Johanna Olson (co-trustee).
What does Carole and Milo Olson Family Foundation fund?
Based on its grants, mainly education and faith communities.