Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
LELAND J & DOROTHY H OLSON CHARITABLE
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 542021
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OMAHA, NE68154
A Employer identification number

47-0748772
B Telephone number (see instructions)

(402) 399-9118
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$142,324,536J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 127,987 127,987  
4 Dividends and interest from securities... 543,642 543,642  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,806,863
b Gross sales price for all assets on line 6a 15,198,442
7 Capital gain net income (from Part IV, line 2)... 8,806,863
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 9,478,492 9,478,492  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
50,288 0   50,288
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,230 0   10,230
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
164,191 15,191   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,006,641 923,370   83,271
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,231,350 938,561   143,789
25 Contributions, gifts, grants paid....... 9,455,922 9,455,922
26 Total expenses and disbursements. Add lines 24 and 25 10,687,272 938,561   9,599,711
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,208,780
b Net investment income (if negative, enter -0-) 8,539,931
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 487,597 384,432 384,432
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 39,185,423 Click to see attachment
List of Attached Documents:
// Content
34,616,066 		120,651,875
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,803,219 Click to see attachment
List of Attached Documents:
// Content
16,094,281 		21,288,229
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 49,476,239 51,094,779 142,324,536
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 46,892,353 45,683,573
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,583,886 5,411,206
29 Total net assets or fund balances (see instructions)..... 49,476,239 51,094,779
30 Total liabilities and net assets/fund balances (see instructions). 49,476,239 51,094,779
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
49,476,239
2
Enter amount from Part I, line 27a .....................
2
-1,208,780
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,827,320
4
Add lines 1, 2, and 3 ..........................
4
51,094,779
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
51,094,779
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a AAON INC COM     2024-05-01
b AZZ INC COM   2023-05-16 2024-05-02
c APTARGROUP INC COM     2024-05-02
d BWX TECHNOLOGIES INC COM     2024-05-01
e CABLE ONE INC COM     2024-05-01
CASEYS GEN STORES INC COM     2024-05-01
CHEMED CORP NEW COM     2024-05-01
COGNEX CORP COM     2024-05-01
COMPASS MINERALS INTL INC COM   2023-05-16 2024-05-02
DONEGAL GROUP INC CL A   2023-05-16 2024-05-09
DOUGLAS DYNAMICS INC COM   2024-02-28 2024-05-02
ERIE INDTY CO CL A   2023-07-28 2024-05-01
FTI CONSULTING INC COM     2024-05-01
FRANKLIN COVEY CO COM   2023-08-09 2024-04-04
GENERAC HLDGS INC COM   2024-02-21 2024-09-26
HAWKINS INC COM   2023-05-16 2024-05-02
HILLENBRAND INC COM     2024-05-01
JOHNSON OUTDOORS INC CL A   2023-12-08 2024-01-30
KNIFE RIV HLDG CO COMMON STOCK   2023-05-19 2024-05-01
MDU RES GROUP INC COM     2024-05-01
NVE CORP COM NEW   2023-08-09 2024-05-10
NATIONAL RESH CORP COM NEW   2023-08-09 2024-05-09
NEXSTAR MEDIA GROUP INC COMMON STOCK   2023-09-14 2024-05-01
PAYPAL HLDGS INC COM   2023-05-23 2024-03-11
REX AMERICAN RES CORP COM   2023-05-19 2024-05-01
ROLLINS INC COM     2024-05-01
SCHOLASTIC CORP COM   2023-08-09 2024-05-10
STEWART INFORMATION SVCS CORP COM   2023-08-09 2024-05-02
VALMONT INDS INC COM   2023-11-03 2024-05-01
WILEY JOHN & SONS INC CL A   2023-05-31 2024-05-07
JAMES RIV GROUP LTD COM   2023-05-16 2024-05-02
AAON INC COM     2024-05-01
ALPHABET INC CAP STK CL C   2017-03-31 2024-07-31
APPLE INC COM   2013-11-06 2024-09-26
APTARGROUP INC COM     2024-05-01
BWX TECHNOLOGIES INC COM   2021-08-19 2024-12-06
BLACKROCK INC COM   2018-07-11 2024-08-27
CABLE ONE INC COM     2024-02-21
CASEYS GEN STORES INC COM   2021-05-27 2024-08-27
CHEMED CORP NEW COM     2024-05-01
COGNEX CORP COM   2023-02-17 2024-05-01
COMPASS MINERALS INTL INC COM   2023-04-12 2024-05-01
DONEGAL GROUP INC CL A   2023-05-16 2024-05-21
EDWARDS LIFESCIENCES CORP COM     2024-05-06
FTI CONSULTING INC COM   2023-03-13 2024-05-01
FRANKLIN COVEY CO COM   2023-03-30 2024-04-04
GENERAC HLDGS INC COM     2024-09-26
HAWKINS INC COM   2023-01-30 2024-05-02
HILLENBRAND INC COM     2024-04-04
HOME DEPOT INC COM     2024-03-11
MICROSOFT CORP COM   2021-05-27 2024-12-06
NVE CORP COM NEW   2023-01-27 2024-05-07
NATIONAL RESH CORP COM NEW   2023-04-12 2024-05-02
NVIDIA CORP COM   2022-08-01 2024-09-26
PALO ALTO NETWORKS INC COM     2024-08-27
PAYPAL HLDGS INC COM     2024-03-11
REX AMERICAN RES CORP COM     2024-04-04
SCHOLASTIC CORP COM   2023-03-24 2024-05-03
SERVICENOW INC COM     2024-09-26
STEWART INFORMATION SVCS CORP COM   2023-02-09 2024-04-02
THERMO FISHER CORP COM   2016-10-06 2024-08-27
UNION PAC CORP COM     2024-08-27
UNITEDHEALTH GROUP INC COM   2021-05-27 2024-08-27
VISA INC COM CL A   2021-05-27 2024-04-22
WILEY JOHN & SONS INC CL A     2024-05-03
JAMES RIV GROUP LTD COM   2023-04-12 2024-05-01
ALPHABET INC CAP STK CL C   2010-03-26 2024-09-26
BERKSHIRE HATHAWAY INC CL A   2010-06-30 2024-10-29
BERKSHIRE HATHAWAY INC DEL CL B     2024-08-27
MASTERCARD INC CL A   2007-10-31 2024-06-25
VISA INC COM CL A   2008-04-17 2024-04-22
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 77,655   48,911 28,744
b 116,303   56,452 59,851
c 48,983   39,872 9,111
d 36,157   23,325 12,832
e 133,100   197,525 -64,425
33,236   23,618 9,618
55,377   52,820 2,557
33,907   36,967 -3,060
27,027   65,258 -38,231
19,820   22,143 -2,323
28,721   31,395 -2,674
56,212   31,987 24,225
49,147   40,131 9,016
9,858   12,101 -2,243
134,611   106,847 27,764
16,717   9,342 7,375
27,531   28,454 -923
14,494   15,109 -615
24,913   11,717 13,196
137,856   111,489 26,367
9,984   11,431 -1,447
30,685   40,984 -10,299
31,123   30,642 481
120,000   124,722 -4,722
13,795   7,532 6,263
62,085   48,936 13,149
43,694   52,370 -8,676
62,074   45,263 16,811
30,189   29,713 476
58,997   50,646 8,351
28,869   57,466 -28,597
18,454   9,980 8,474
627,865   178,733 449,132
1,157,651   113,536 1,044,115
24,045   18,510 5,535
66,291   33,656 32,635
88,556   50,203 38,353
107,317   386,352 -279,035
400,782   235,966 164,816
26,832   23,408 3,424
8,876   10,236 -1,360
2,644   7,054 -4,410
23,870   27,031 -3,161
340,084   333,330 6,754
10,851   10,090 761
4,892   4,879 13
149,048   211,903 -62,855
51,343   26,954 24,389
13,610   12,948 662
370,961   159,133 211,828
88,581   50,060 38,521
10,752   9,953 799
4,427   5,748 -1,321
753,376   150,077 603,299
350,218   119,004 231,214
180,001   134,161 45,840
12,990   7,210 5,780
21,772   21,833 -61
262,346   136,848 125,498
14,600   10,058 4,542
244,231   124,949 119,282
125,026   62,175 62,851
146,692   102,795 43,897
108,290   90,697 17,593
14,892   15,205 -313
2,601   5,912 -3,311
251,601   20,986 230,615
6,351,934   1,931,735 4,420,199
115,158   29,269 85,889
1,044,790   42,176 1,002,614
27,072   1,658 25,414
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       28,744
b       59,851
c       9,111
d       12,832
e       -64,425
      9,618
      2,557
      -3,060
      -38,231
      -2,323
      -2,674
      24,225
      9,016
      -2,243
      27,764
      7,375
      -923
      -615
      13,196
      26,367
      -1,447
      -10,299
      481
      -4,722
      6,263
      13,149
      -8,676
      16,811
      476
      8,351
      -28,597
      8,474
      449,132
      1,044,115
      5,535
      32,635
      38,353
      -279,035
      164,816
      3,424
      -1,360
      -4,410
      -3,161
      6,754
      761
      13
      -62,855
      24,389
      662
      211,828
      38,521
      799
      -1,321
      603,299
      231,214
      45,840
      5,780
      -61
      125,498
      4,542
      119,282
      62,851
      43,897
      17,593
      -313
      -3,311
      230,615
      4,420,199
      85,889
      1,002,614
      25,414
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 8,806,863
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 118,705
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 118,705
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 118,705
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 124,490
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 80,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 204,490
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 85,785
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow85,785 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.OLSONFOUNDATION.ORG
14
The books are in care ofright arrowBRIDGES TRUST Telephone no.right arrow (402) 393-8300

Located atright arrowPO BOX 542021OMAHANE ZIP+4right arrow68154
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
CHRISTIAN OLSON PRESIDENT
3.00 		0 0 0
PO BOX 542021
OMAHA,NE68154
KAREN OLSON VICE PRESIDENT
1.00 		0 0 0
PO BOX 542021
OMAHA,NE68154
DAVID OLSON VICE PRESIDENT
1.00 		0 0 0
PO BOX 542021
OMAHA,NE68154
NANCY OLSON TREASURER
2.00 		0 0 0
PO BOX 542021
OMAHA,NE68154
KENDRA SWANSON SECRETARY
2.00 		0 0 0
PO BOX 542021
OMAHA,NE68154
MITCH SWANSON DIRECTOR
1.00 		0 0 0
PO BOX 542021
OMAHA,NE68154
LYNN SCOTT DIRECTOR
1.00 		0 0 0
PO BOX 542021
OMAHA,NE68154
CATHERINE OLSON DIRECTOR
1.00 		0 0 0
PO BOX 542021
OMAHA,NE68154
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
139,700,028
b
Average of monthly cash balances.......................
1b
2,347,948
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
142,047,976
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
142,047,976
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,130,720
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
139,917,256
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,995,863
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
6,995,863
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
118,705
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
118,705
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,877,158
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,877,158
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
6,877,158
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
9,599,711
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
9,599,711
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 6,877,158
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 852,032
b From 2020...... 853,740
c From 2021...... 1,648,436
d From 2022...... 3,683,583
e From 2023...... 4,283,544
f Total of lines 3a through e ........ 11,321,335
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 9,599,711
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 6,877,158
e Remaining amount distributed out of corpus 2,722,553
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 14,043,888
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		852,032
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		13,191,856
10 Analysis of line 9:
a Excess from 2020.... 853,740
b Excess from 2021.... 1,648,436
c Excess from 2022.... 3,683,583
d Excess from 2023.... 4,283,544
e Excess from 2024.... 2,722,553
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
THE LELAND DOROTHY OLSON FOUNDATION
13333 CALIFORNIA STREET SUITE 500
OMAHA,NE68154
(402) 393-8300
bThe form in which applications should be submitted and information and materials they should include:
LARGE GRANTS OF $50,000 OR HIGHER - SEE THE ORGANIZATION'S WEBSITE FOR THE LARGE GRANTS PROCESS.
cAny submission deadlines:
SEE ORGANIZATION'S WEBSITE FOR APPLICATION REQUIREMENTS.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE ORGANIZATION'S WEBSITE.
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
THE LELAND DOROTHY OLSON FOUNDATION
1125 SOUTH 103RD STREET SUITE 580
OMAHA,NE68124
(402) 393-8300
bThe form in which applications should be submitted and information and materials they should include:
SMALL GRANTS BELOW $35,000 - SEE THE ORGANIZATION'S WEBSITE FOR THE SMALL GRANTS PROCESS.
cAny submission deadlines:
SEE ORGANIZATION'S WEBSITE FOR APPLICATION REQUIREMENTS.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE ORGANIZATION'S WEBSITE.
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ABIDE OMAHA

3223 N 45TH STREET
OMAHA,NE68104 		N/A PUBLIC CHARITY PROGRAM SUPPORT 68,000

ANGELS AMONG US

220 N 89TH ST
OMAHA,NE68114 		N/A PUBLIC CHARITY PROGRAM SUPPORT 25,000

ARLINGTON EDUCATION FOUNDATION

135 S FRENCH AVE
ARLINGTON,WA98223 		N/A PUBLIC CHARITY PROGRAM SUPPORT 10,000

ARLINGTON KIDS' KLOSET

135 S FRENCH AVE
ARLINGTON,WA98223 		N/A PUBLIC CHARITY PROGRAM SUPPORT 20,000

ARROWHEAD RANCH FOUNDATION

615 ARROWHEAD RD
CAMANO,WA98282 		N/A PUBLIC CHARITY PROGRAM SUPPORT 36,000

ASSITANCE LEAGUE OF OMAHA

3569 LEAVENWORTH STREET
OMAHA,NE68105 		N/A PUBLIC CHARITY PROGRAM SUPPORT 43,000

AVENUE SCHOLARS

7101 MERCY ROAD STE 240
OMAHA,NE68106 		N/A PUBLIC CHARITY PROGRAM SUPPORT 150,000

BANISTER'S LEADERSHIP ACADEMY

6677 SORENSEN PKWY
OMAHA,NE68152 		N/A PUBLIC CHARITY PROGRAM SUPPORT 53,000

BIKE WORKS

3715 S HUDSON ST 111
SEATTLE,WA98118 		N/A PUBLIC CHARITY PROGRAM SUPPORT 150,000

BLACK HEALING FUND

1323 AVE D 1918
SNOHOMISH,WA29291 		N/A PUBLIC CHARITY PROGRAM SUPPORT 35,000

BOYS & GIRLS CLUBS OF KING COUNTY

220 W MERCER ST
SEATTLE,WA98119 		N/A PUBLIC CHARITY PROGRAM SUPPORT 70,000

BRANCHED OAK OBSERVATORY

14300 NW 98TH ST
RAYMOND,NE68428 		N/A PUBLIC CHARITY PROGRAM SUPPORT 1,000

CAMANO SENIOR SERVICES ASSOCIATION

606 ARROWHEAD RD
CAMANO ISLAND,WA98282 		N/A PUBLIC CHARITY PROGRAM SUPPORT 38,000

CAMP QUALITY USA INC

5455 GULL RD STE D 246
KALAMAZOO,MI49048 		N/A PUBLIC CHARITY PROGRAM SUPPORT 23,000

CAROLE'S HOUSE OF HOPE

7815 HARNEY STREET
OMAHA,NE68114 		N/A PUBLIC CHARITY PROGRAM SUPPORT 45,000

CASA FOR DOUGLAS COUNTY

2412 ST MARYS AVENUE
OMAHA,NE68105 		N/A PUBLIC CHARITY PROGRAM SUPPORT 150,000

CHICANO AWARENESS CENTER

4821 S 24TH STREET
OMAHA,NE68107 		N/A PUBLIC CHARITY PROGRAM SUPPORT 35,000

CHILD ADVOCACY CENTER OF SNOHOMISH

1509 CALIFORNIA STREET
EVERETT,WA98201 		N/A PUBLIC CHARITY PROGRAM SUPPORT 28,000

CHILD SAVING INSTITUTE

4545 DODGE STREET
OMAHA,NE68132 		N/A PUBLIC CHARITY PROGRAM SUPPORT 150,000

COMMUNITY FOUNDATION OF SNOHOMISH COUNTY

2823 ROCKEFELLER AVE
EVERETT,WA98201 		N/A PUBLIC CHARITY PROGRAM SUPPORT 420,000

COMMUNITY RESOURCES FOUNDATION

9612 271ST ST NW
STANWOOD,WA98292 		N/A PUBLIC CHARITY PROGRAM SUPPORT 150,000

COMPANIS MISSION WORKERS ASSOCIATION

1111 HARVARD AVE
SEATTLE,WA98122 		N/A PUBLIC CHARITY PROGRAM SUPPORT 24,000

COMPLETELY KIDS

2566 ST MARYS AVE
OMAHA,NE68105 		N/A PUBLIC CHARITY PROGRAM SUPPORT 400,000

CRCC NORTHWEST

2010 N 88TH STREET
OMAHA,NE68134 		N/A PUBLIC CHARITY PROGRAM SUPPORT 364,435

DREAM

6052 WENNINGHOFF RD
OMAHA,NE68134 		N/A PUBLIC CHARITY PROGRAM SUPPORT 55,000

EDUCARE OF OMAHA

2123 PAUL ST
OMAHA,NE68102 		N/A PUBLIC CHARITY PROGRAM SUPPORT 47,000

FOOD BANK FOR THE HEARTLAND

10525 J STREET
OMAHA,NE68127 		N/A PUBLIC CHARITY PROGRAM SUPPORT 826,926

FOSTER CARE CLOSET

643 S 25TH ST
LINCOLN,NE68510 		N/A PUBLIC CHARITY PROGRAM SUPPORT 27,000

FREEDOM PARK ASSOCIATION

HWY 532 E NORTH CAMANO DR
CAMANO ISLAND,WA98282 		N/A PUBLIC CHARITY PROGRAM SUPPORT 32,000

GIRLS INCORPORATED OF OMAHA

2811 N 45TH STREET
OMAHA,NE68104 		N/A PUBLIC CHARITY PROGRAM SUPPORT 70,000

HEART MINISTRY CENTER

2222 BINNEY STREET
OMAHA,NE68110 		N/A PUBLIC CHARITY PROGRAM SUPPORT 85,000

HEARTLAND FAMILY SERVICE

2101 SO 42ND STREET
OMAHA,NE681052909 		N/A PUBLIC CHARITY PROGRAM SUPPORT 25,000

HEARTLAND HOPE MISSION

2021 U ST
OMAHA,NE68107 		N/A PUBLIC CHARITY PROGRAM SUPPORT 64,000

HOPE CENTER FOR KIDS

2200 N 20TH STREET
OMAHA,NE68110 		N/A PUBLIC CHARITY PROGRAM SUPPORT 70,000

HOUSING HOPE

5830 EVERGREEN WY
EVERETT,WA98203 		N/A PUBLIC CHARITY PROGRAM SUPPORT 27,000

KIDS CAN COMMUNITY CENTER

4860 Q STREET
OMAHA,NE68117 		N/A PUBLIC CHARITY PROGRAM SUPPORT 35,000

LEGAL AID OF NEBRASKA

209 S 19TH STREET STE 200
OMAHA,NE68102 		N/A PUBLIC CHARITY PROGRAM SUPPORT 80,000

LINCOLN HILL RETIREMENT COMMUNITY

7430 276TH ST NW
STANWOOD,WA98292 		N/A PUBLIC CHARITY PROGRAM SUPPORT 10,000

LITTLE RED SCHOOL HOUSE

21730 LAURA ST
GRETNA,NE68028 		N/A PUBLIC CHARITY PROGRAM SUPPORT 46,000

LUTHERAN FAMILY SERVICES

11807 Q ST
OMAHA,NE68137 		N/A PUBLIC CHARITY PROGRAM SUPPORT 57,000

MAKE-A-WISH FOUNDATION

1005 S 107TH AVE
OMAHA,NE68114 		N/A PUBLIC CHARITY PROGRAM SUPPORT 75,000

MICAH HOUSE

1415 AVENUE J
COUNCIL BLUFFS,IA51501 		N/A PUBLIC CHARITY PROGRAM SUPPORT 68,000

NEBRASKA HUMANE SOCIETY

8929 FORT STREET
OMAHA,NE68134 		N/A PUBLIC CHARITY PROGRAM SUPPORT 105,000

NEBRASKA YOUTH JUSTICE INITIATIVE

5020 GRAND AVE
OMAHA,NE68104 		N/A PUBLIC CHARITY PROGRAM SUPPORT 35,000

NORTHSTAR FOUNDATION

4242 N 49TH STREET
OMAHA,NE68104 		N/A PUBLIC CHARITY PROGRAM SUPPORT 58,000

OMAHA BRIDGES OUT OF POVERTY

4343 N 52ND ST
OMAHA,NE68104 		N/A PUBLIC CHARITY PROGRAM SUPPORT 10,000

OMAHA PARKS FOUNDATION INC

PO BOX 31369
OMAHA,NE68131 		N/A PUBLIC CHARITY PROGRAM SUPPORT 20,000

OPEN DOOR MISSION

2828 N 23RD STREET E
OMAHA,NE68110 		N/A PUBLIC CHARITY PROGRAM SUPPORT 75,000

OUTLOOK NEBRASKA INC

4125 S 72ND STREET
OMAHA,NE68127 		N/A PUBLIC CHARITY PROGRAM SUPPORT 10,000

PLANNED PARENTHOOD OF THE HEARTLAND

3105 N 93RD ST
OMAHA,NE68134 		N/A PUBLIC CHARITY PROGRAM SUPPORT 35,000

PROJECT HOUSEWORKS

2316 S 24TH STREET
OMAHA,NE68108 		N/A PUBLIC CHARITY PROGRAM SUPPORT 150,000

QUALITY LIVING INC

6404 N 70TH PLAZA
OMAHA,NE68104 		N/A PUBLIC CHARITY PROGRAM SUPPORT 59,000

SAFE HARBOR FREE CLINIC

7209 265TH SUITE 203
STANWOOD,WA98292 		N/A PUBLIC CHARITY PROGRAM SUPPORT 33,000

SALVATION ARMY

3612 CUMING STREET
OMAHA,NE68131 		N/A PUBLIC CHARITY PROGRAM SUPPORT 1,150,000

SANIBEL-CAPTIVA CONSERVATION

3333 SANIBEL CAPTIVA RD
SANIBEL,FL339573100 		N/A PUBLIC CHARITY PROGRAM SUPPORT 10,000

SANTA MONICA HOUSE

130 N 39TH STREET
OMAHA,NE68131 		N/A PUBLIC CHARITY PROGRAM SUPPORT 33,000

SAVING GRACE PERISHABLE FOOD RESCUE

4611 S 96TH STREET
OMAHA,NE68127 		N/A PUBLIC CHARITY PROGRAM SUPPORT 100,000

SECOND CHANCE OUTREACH

1405 HARNEY ST
OMAHA,NE68102 		N/A PUBLIC CHARITY PROGRAM SUPPORT 47,000

SIENA FRANCIS HOUSE

1702 NICHOLAS STREET
OMAHA,NE68102 		N/A PUBLIC CHARITY PROGRAM SUPPORT 150,000

SKAGIT ADULT DAY PROGRAM

116 N SKAGIT ST
BURLINGTON,WA98233 		N/A PUBLIC CHARITY PROGRAM SUPPORT 9,000

SPECIAL OLYMPICS NEBRASKA INC

9427 F ST
OMAHA,NE68127 		N/A PUBLIC CHARITY PROGRAM SUPPORT 24,000

STANWOOD CAMANO AREA FOUNDATION

26911 98TH DR NW SUITE A
STANWOOD,WA98292 		N/A PUBLIC CHARITY PROGRAM SUPPORT 1,011,409

STANWOOD CAMANO ARTS

PO BOX 2528
STANWOOD,WA98292 		N/A PUBLIC CHARITY PROGRAM SUPPORT 536,000

STANWOOD CAMANO YMCA

7213 267TH ST
STANWOOD,WA98292 		N/A PUBLIC CHARITY PROGRAM SUPPORT 10,000

STANWOOD COMMUNITY PRESCHOOL

27027 102ND DR NW
STANWOOD,WA98292 		N/A PUBLIC CHARITY PROGRAM SUPPORT 12,000

STANWOOD HIGH SCHOOL AAAA BOOSTER CLUB

PO BOX 1366
STANWOOD,WA98292 		N/A PUBLIC CHARITY PROGRAM SUPPORT 15,000

STANWOOD LACROSSE

7400 272ND ST NW
STANWOOD,WA98292 		N/A PUBLIC CHARITY PROGRAM SUPPORT 10,000

STEPHEN CENTER INC

2723 Q STREET
OMAHA,NE68107 		N/A PUBLIC CHARITY PROGRAM SUPPORT 50,000

TEAMMATES MENTORING PROGRAM

6801 O STREET
LINCOLN,NE68510 		N/A PUBLIC CHARITY PROGRAM SUPPORT 150,000

THE CARING PLACE

9928 272ND PI NW
STANWOOD,WA98292 		N/A PUBLIC CHARITY PROGRAM SUPPORT 25,000

THE ROSE THEATRE

2001 FARNAM STREET
OMAHA,NE68102 		N/A PUBLIC CHARITY PROGRAM SUPPORT 10,000

TOGETHER INC OF METROPOLITAN OMAHA

812 S 24TH STREET
OMAHA,WA68108 		N/A PUBLIC CHARITY PROGRAM SUPPORT 75,000

UNIVERSITY OF NEBRASKA FOUNDATION

1010 LINCOLN MALL STE 300
LINCOLN,NE68508 		N/A PUBLIC CHARITY PROGRAM SUPPORT 225,425

UTSALADY BOOSTER CLUB

608 ARROWHEAD RD
CAMANO ISLAND,WA98282 		N/A PUBLIC CHARITY PROGRAM SUPPORT 20,000

WESTSIDE FOUNDATION

1101 S 90 STREET
OMAHA,NE68124 		N/A PUBLIC CHARITY PROGRAM SUPPORT 454,351

WHISPERING ROOTS

4104 S 90TH STREET
OMAHA,NE68127 		N/A PUBLIC CHARITY PROGRAM SUPPORT 50,000

YMCA OF GREATER OMAHA

430 S 20TH STREET
OMAHA,NE68102 		N/A PUBLIC CHARITY PROGRAM SUPPORT 35,000

YOUNG MEN'S CHRISTIAN ASSOCIATION

430 S 20TH ST
OMAHA,NE68102 		N/A PUBLIC CHARITY PROGRAM SUPPORT 33,000

YOUTH CARE & BEYOND

5525 HARTMANN AVE
OMAHA,NE68104 		N/A PUBLIC CHARITY PROGRAM SUPPORT 20,000

YOUTH EMERGENCY SERVICES

2679 FARNAM STREET
OMAHA,NE68131 		N/A PUBLIC CHARITY PROGRAM SUPPORT 412,376
Total .................................right arrow 3a 9,455,922
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 127,987  
4 Dividends and interest from securities ....     14 543,642  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 8,806,863  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 9,478,492 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
9,478,492
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
LELAND J & DOROTHY H OLSON CHARITABLE
 
FOUNDATION
EIN:
47-0748772
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 10,230 0   10,230

TY 2024 InvestmentsCorpStockSchedule
Name:
LELAND J & DOROTHY H OLSON CHARITABLE
 
FOUNDATION
EIN:
47-0748772
Name of Stock End of Year Book Value End of Year Fair Market Value
INVESTMENTS - CORP STOCK 34,616,066 120,651,875

TY 2024 InvestmentsOtherSchedule2
Name:
LELAND J & DOROTHY H OLSON CHARITABLE
 
FOUNDATION
EIN:
47-0748772
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENTS - EXCHANGE TRADED FUNDS AT COST 11,843,222 17,037,170
BRIDGES PRIVATE EQUITY FUND I - K-1 AT COST 4,251,059 4,251,059

TY 2024 LegalFeesSchedule
Name:
LELAND J & DOROTHY H OLSON CHARITABLE
 
FOUNDATION
EIN:
47-0748772
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 50,288 0   50,288


TY 2024 OtherExpensesSchedule
Name:
LELAND J & DOROTHY H OLSON CHARITABLE
 
FOUNDATION
EIN:
47-0748772
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 345,911 345,911   0
WEBSITE DESIGN AND DEVELOPMENT 10,000 0   10,000
MEETING EXPENSES 5,171 0   5,171
PHILANTHROPY SERVICES 67,960 0   67,960
BRIDGES PRIVATE EQUITY FUND I - K-1 - ORDINARY BUSINESS LOSS 34,167 34,167   0
BRIDGES PRIVATE EQUITY FUND I - K-1 - CHARITABLE CONTRIBUTIONS 140 0   140
BRIDGES PRIVATE EQUITY FUND I - K-1 - INVESTMENT INTEREST EXPENSE 48,036 48,036   0
BRIDGES PRIVATE EQUITY FUND I - K-1 - PORTFOLIO DEDUCTIONS 495,256 495,256   0


TY 2024 OtherIncreasesSchedule
Name:
LELAND J & DOROTHY H OLSON CHARITABLE
 
FOUNDATION
EIN:
47-0748772
Description Amount
DIFFERENCE BETWEEN COST AND MARKET VALUE OF DISTRIBUTED ASSETS 2,827,320


TY 2024 TaxesSchedule
Name:
LELAND J & DOROTHY H OLSON CHARITABLE
 
FOUNDATION
EIN:
47-0748772
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 15,191 15,191   0
EXCISE TAX 149,000 0   0