NonprofitsReceptions For Research - The Greg Olsen Foundation Inc

Medical Research

Receptions For Research - The Greg Olsen Foundation Inc

FT LAUDERDALE, FL

Total revenue

$1.3M

Total expenses

$2.2M

Net assets

Grants received

$654K

25 grants

EIN

270843891

Tax year

2024

Mission

Provide the resources necessary to enhance the lives of those affected with debilitating diseases.

Programs

2 programs

In july 2023, the foundation executed a pledge commitment agreement with atrium health to support the continued development of the heartest yard congenital heart center. The foundation pledged $2,500,000 in yearly installments of $500,000, with payments commencing in 2024.the grant will support the center's specialized care programs, such as the neurodevelopmental program, children's high-acuity monitoring program (champ) and the pediatric fontan clinic, which provides ongoing, holistic care to patients who have had a fontan procedure. In addition, the donation will help drive innovation in education and cardiovascular care delivery through the establishment of an endowed chair.

Expenses: $234KGrants: $215K

In january 2024, the foundation executed pledge commitment with the medical university of south carolina's sjch heart center, where the foundation pledged $1,800,000 in yearly installments over five years starting in 2024.the goal of this program is to be able to provide mental health services to patients, families and staff of the pediatric heart center at sjch. This includes but not limited to an inpatient psychologist, advanced practice practitioner coordinator for inpatient and outpatient patients and resources toward our maternal fetal monitoring programs.

Expenses: $1.8MGrants: $1.7M

Financials

FY 2024

Revenue

Contributions & grants$1.8M
Program service revenue
Investment income$27K
Other revenue
Total revenue$1.3M

Expenses

Grants paid$1.9M
Salaries & benefits$165K
Fundraising$2K
Other expenses$119K
Total expenses$2.2M
Total assets$986K
Net assets

People

12 listed

NameRoleCompensation

MOLLY ANSBRO

EXECUTIVE DIRECTOR

Board

$98K

40 hrs/wk

DEBORAH DOOLEY

CONTROLLER

Board

$18K

10 hrs/wk

KRISTEN MCCULLOUGH

DIRECTOR OF COMMUNICATIONS

Board

$12K

5 hrs/wk

DONALD ROBBINS

BOARD MEMBER

Board

5 hrs/wk

AMY LEVINE DAWSON

BOARD MEMBER

Board

5 hrs/wk

DOUG PORTER

BOARD MEMBER

Board

5 hrs/wk

JOSE ARMARIO

BOARD MEMBER

Board

5 hrs/wk

WILLIAM CULP

BOARD MEMBER

Board

5 hrs/wk

GREGORY W OLSEN

FOUNDER/CHAIRMAN

Board

10 hrs/wk

NATALIE STEWART

BOARD MEMBER

Board

5 hrs/wk

KARA OLSEN

CO-FOUNDER

Board

5 hrs/wk

SUSAN OLSEN

DIRECTOR OF COMMUNITY OUTREACH

Board

5 hrs/wk

Grants received

Showing 25 of 25

FromAmountPurposeYear
$125K
GENERAL SUPPORT
2024
$25K
Program Support
2024
$21K
SUPPORT FOR PEDIATRIC HEART FUNDRAISING PROGRAMS
2024
$19K
CHARITABLE GIFT
2024
$10K
GENERAL SUPPORT
2024
$120K
GENERAL SUPPORT
2023
$31K
Program Support
2023
$18K
SUPPORT FOR PEDIATRIC HEART FUNDRAISING PROGRAMS
2023
$12K
PROGRAMS SUPPORTING FAMILIES WITH CHILDREN WITH CONGENITAL HEART DISEASE
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$120K
GENERAL SUPPORT
2022
$25K
For one of our fiscal sponsorships-
2022
$20K
PROGRAM SUPPORT
2022
$10K
SUPPORT FOR PEDIATRIC HEALTH FUNDRAISING PROGRAMS
2022
$50
EMPLOYEE MATCHING GIFT DONATION
2022
$8K
For grant recipient's exempt purposes
2021
$8K
For grant recipient's exempt purposes
2021
$2K
ALLOCATED TO THE HEARTEST YARD PROGRAM, A FAMILY SERVICE PROGRAM ADMINISTERED BY LEVINE CHILDREN'S HOSPITAL IN CHARLOTTE, NC. THE CUTTING-EDGE PROGRAM PROVIDES FAMILIES OF BABIES AFFECTED BY CONGENITAL HEART DISEASE WITH A MULTITUDE OF SERVICES INCLUDING IN-HOME, PRIVATE NURSING CARE, PHYSICAL THERAPY AND SPEECH THERAPY AMONG OTHER BENEFITS.
2021
$10K
PROGRAM SUPPORT
2020
$550
EMPLOYEE MATCHING GIFTS
2020
$3K
SOCIAL SERVICES
2019
$7K
Unrestricted
2018
$6K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$654K from 15 funders · 25 grants · 2017–2024

David And Nicole Tepper Charitable

$365K · 3 grants · 2022–2024

Hendrick Family Foundation

$86K · 4 grants · 2020–2024

Atrium Health Foundation

$49K · 3 grants · 2022–2024

Ascend Nonprofit Solutions

$25K · 1 grant · 2022

Fidelity Investments Charitable Gift Fund

$23K · 3 grants · 2017–2021

Foundation For The Carolinas

$19K · 1 grant · 2024

Beemok Family Foundation

$12K · 1 grant · 2023

Details

EIN270843891
NTEE codeH12
Subsection03
Ruling date2010-04
Formed2009
Employees2
Volunteers50
RECEPTIONS FOR RESEARCH - THE GREG OLSEN FOUNDATION INC — Mission, Financials & Grants Received | Grantivo