STRATEGY STUDIO / PUBLIC DATA EXPLORER

COSTA-OLSON FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
COSTA-OLSON FAMILY FOUNDATION (EIN 93-4819152)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-07-22
IRS object ID
202522039349100117
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-07-22T11:50:49-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN920403058PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Sierra View Tax & ConsultingBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14285 Spyres WayAddressLine1Txt
CityModestoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95356ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN934819152EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COSTA-OLSON FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOSTBusinessNameControlTxt
Phone2096039005PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1c/o 4285 SPYRES WAYAddressLine1Txt
CityMODESTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95356ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFREY R HAMILTONPersonNm
Person TitleTreasurer/DirecPersonTitleTxt
Signature2025-07-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCathy A StapleyPreparerPersonNm
PTINP00052603PTIN
Phone2095771280PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$20,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$11InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$11InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$11InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$254,080DividendsRevAndExpnssAmt
Dividends Net Invst Incm$254,080DividendsNetInvstIncmAmt
Dividends Adj Net Incm$254,080DividendsAdjNetIncmAmt
Total Rev And Expnss$274,091TotalRevAndExpnssAmt
Total Net Invst Incm$254,091TotalNetInvstIncmAmt
Total Adj Net Incm$254,091TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$4,440AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$110TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$4,550TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$288,200ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$288,200ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$292,750TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$288,200TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$18,659ExcessRevenueOverExpensesAmt
Net Investment Income$254,091NetInvestmentIncomeAmt
Adjusted Net Income$254,091AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2CashBOYAmt
Cash EOY$44,763CashEOYAmt
Sav And Temp Cash Invst BOY$5,007,884SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,944,464SavAndTempCashInvstEOYAmt
Total Assets BOY$5,007,886TotalAssetsBOYAmt
Total Assets EOY$4,989,227TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$5,007,886CapitalStockBOYAmt
Capital Stock EOY$4,989,227CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$5,007,886TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,989,227TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,007,886TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,989,227TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,007,886TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$18,659ExcessRevenueOverExpensesAmt
Subtotal$4,989,227SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,989,227TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,532InvestmentIncomeExciseTaxAmt
Subtotal$3,532SubtotalAmt
Tax Based On Investment Income$3,532TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$6EsPenaltyAmt
Tax Due$3,538TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1KELSIE COSTABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2096039005PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12917 LAGUNA STAddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94123ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
KELSIE COSTA
2917 LAGUNA STSAN FRANCISCOCA94123President/Direc1.00$0
CHRISTOPHER OLSON
2917 LAGUNA STSAN FRANCISCOCA94123Secretary/Direc1.00$0
JEFFREY R HAMILTON
4285 SPYRES WAYMODESTOCA95356Treasurer/Direc1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1TOWN SHOOL FOR BOYS - TO FURTHER EDUCATION OPTIONS IN TEH SAN FRANCISCO AREADescription1Txt
Expenses1$110,000Expenses1Amt
Description2SF MUSEUM OF MODERN ART - TO PROMOTE TEH ARTS IN THE SF AREADescription2Txt
Expenses2$77,500Expenses2Amt
Description3SF POLICE ACTIVITIES LEAGUE - TO PROMOTE POSITIVE COMMUNITY RELATIONSHIPS WITH POLICE OFFICERSDescription3Txt
Expenses3$50,000Expenses3Amt
Description4SF SYMPHONY - TO PROMOTE TEH ARTS IN THE SF AREADescription4Txt
Expenses4$25,500Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$5,074,635AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$5,067AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,079,702TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$5,079,702AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$76,196CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,003,506NetVlNoncharitableAssetsAmt
Minimum Investment Return$250,175MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$288,200ExpensesAndContributionsAmt
Qualifying Distributions$288,200QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$250,175CurrentYearAmt
Year1$7,886Year1Amt
Total$258,061TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$212,649CurrentYearAmt
Year1$6,703Year1Amt
Total$219,352TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$288,200CurrentYearAmt
Total$288,200TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$288,200CurrentYearAmt
Total$288,200TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Year1$5,007,886Year1Amt
Total$5,007,886TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerKELSIE COSTAContributingManagerNm
Contributing ManagerCHRISTOPHER OLSONContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonKELSIE COSTARecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1c/o 4285 Spyres WayAddressLine1Txt
CityModestoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95356ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2096039005RecipientPhoneNum
Recipient Email Addresskelciec@innov8partners.orgRecipientEmailAddressTxt
Form And Info And MaterialsINTERNALLY SOURCED GRANTMAKING OPPORTUNITIES AND WILL LIKELY NOT ACCEPT UNSOLICITED GRANT APPLICATIONS. WHEN APPROPRIATE, DETAILED GRANT PROPOSALS DESCRIBING USE OF FUNDS WILL BE REQUESTED.FormAndInfoAndMaterialsTxt
Submission DeadlinesNO DEADLINESSubmissionDeadlinesTxt
Restrictions On AwardsORGANIZATIONS THAT ARE CONTROLLED, DIRECTLY OR INDIRECTLY, BY THE FOUNDATION'S EMPLOYES, DIRECTORS, OFFICERS, OR INDIVIDUALS RELATED BY BLOOD OR MARRIAGE TO THEM, WILL NOT BE ELEGIBLE TO RECEIVE ANY DIRECT GOODS, SERVICES, OR FUNDS.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
TOWN SCHOOL FOR BOYS
2750 JACKSON STREETSAN FRANCISCOCA94115IndependentPCSupport general purposes of the organization$110,000
SAN FRANCISCO MUSEUM OF MODERN ART
151 THIRD STSAN FRANCISCOCA94103IndependentPCSupport general purposes of the organization$77,500
SAN FRANCISCO SYMPHONY
201 VAN NESS AVESAN FRANCISCOCA94102IndependentPCSupport general purposes of the organization$25,500
SALVATION ARMY
625 I STREETMODESTOCA95354IndependentPCSupport general purposes of the organization$25,200
SAN FRANCISCO POLICE ACTIVITIES LEA
3401 17TH STSAN FRANCISCOCA94110IndependentPCSUPPORT GENERAL PURPOSES OF THE ORGANIZATION.$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$288,200TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$11RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$254,080RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$254,091RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$254,091TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryCPACategoryTxt
Amt$4,440Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIRSCategoryTxt
Amt$110Amt