The Iowa State Capitol

Form 990-PFTax year 2023EIN 42-6582650

Rachel Olson Charitable Trust

A private foundation in Mapleton, IA. Its return for tax year 2023 lists 7 grants and $11,000 paid in grants.

Tax year 2023 (period ending Dec 31, 2023), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Tamara Flaningan
PO Box 227
Mapleton, IA 510340227
(712) 882-1468
Form and materials
Two page application to include information regarding financial need and/or exceptional scholarship.
Deadlines
April 1
Restrictions
Awards limited to bona fide residents of the maple valley community school district who are pursuing a higher education beyond the high school level.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2023

    $11,000

    Grants listed
    7
    Assets, end of year
    $0
  • Tax year 2022

    $3,000

    Grants listed
    6
    Assets, end of year
    $203,839
  • Tax year 2021

    $2,500

    Grants listed
    4
    Assets, end of year
    $205,566
  • Tax year 2020

    $3,000

    Grants listed
    6
    Assets, end of year
    $204,238
  • Tax year 2019

    $2,500

    Grants listed
    5
    Assets, end of year
    $203,754

Grants paid in 2023

7 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    Scholarship

    $2,500
  2. Individual

    Scholarship

    $2,000
  3. Individual

    Scholarship

    $2,000
  4. Individual

    Scholarship

    $2,000
  5. Individual

    Scholarship

    $1,000
  6. Individual

    Scholarship

    $1,000
  7. Individual

    Scholarship

    $500

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Thomas R MohrhauserTRUSTEE & AT Hours 1Pay $0
  • Angie SchrunkBOARD MEMBER Hours 1Pay $0
  • Jeff ThelanderBOARD MEMBER Hours 1Pay $0
  • Tamara FlaniganBOARD MEMBER Hours 1Pay $0
  • Pastor of the Soldier ChurchBOARD MEMBER Hours 1Pay $0

The return

More foundations

Other foundations in Iowa

  1. The Slappey Family FoundationCedar Rapids, IA 24 grants Preselected only $11,000 giving
  2. Russ Kurth FoundationLogan, IA 8 grants Accepts applications $11,000 giving
  3. Schmitz FoundationDubuque, IA 10 grants Preselected only $10,960 giving
  4. Nellie Dunn Memorial TrustWaterloo, IA 7 grants Accepts applications $10,953 giving
  5. Jane R King Charity Trust FundJewell, IA 1 grant Preselected only $11,065 giving