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Florida · Nonprofit

RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION

RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION (Florida) receives grants from 26 organizations whose IRS filings report $1,183,905 to it, the largest being DAVID AND NICOLE TEPPER CHARITABLE FOUNDATION ($490,000). 14 of them have funded it in more than one year.

Revenue FY2024
$1.3M
Funders on record
26
Grants received
$1.2M
Net assets
$-2194170
14/26 repeat funderspeak grant-dependency 27%
01What it does

What Receptions for Research the Greg Olsen Foundation does

Mission

The greg olsen foundation was established in 2009 to provide hospitals, doctors and scholars the resources necessary to enhance the lives of those affected by various forms of cancer and cardiovascular diseases or disorders. We partner with local and national organizations in our pursuit to discover a cure for these debilitating diseases. It is our goal to make sure everyone has a second chance in life.

As stated on its FY2024 Form 990.

Programs

  1. Ronald mcdonald house provides essential services that remove barriers, strengthen families and promote healing when children need healthcare.

    $24,441 spentof which $22,500 as grants
    1% of program spending
  2. 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.

    $233,775 spentof which $215,212 as grants
    11% of program spending
  3. 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.

    $1,799,390 spentof which $1,656,510 as grants
    87% of program spending
  4. Other program services, not described on the e-filed return.

    $2,550 spentof which $2,550 as grants
    0% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,060,156.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($822k) Expenses 100 ($858k) Net assets 100 ($166k)2018 Revenue 97 ($796k) Expenses 98 ($837k) Net assets 75 ($125k)2019 Revenue 81 ($663k) Expenses 75 ($645k) Net assets 83 ($138k)2020 Revenue 67 ($554k) Expenses 13 ($116k) Net assets -822 ($-1364403)2021 Revenue 93 ($767k) Expenses 17 ($146k) Net assets -448 ($-744316)2022 Revenue 150 ($1.2M) Expenses 66 ($569k) Net assets -51 ($-84846)2023 Revenue 178 ($1.5M) Expenses 319 ($2.7M) Net assets -819 ($-1359498)2024 Revenue 164 ($1.3M) Expenses 254 ($2.2M) Net assets -1321 ($-2194170)
'17'18'19'20'21'22'23'24
Revenue (164)Expenses (254)Net assets (-1321)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $246k to $537k (+118%).

$166k
$125k
$142k
$426k
$246k
$537k
$801k
$986k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

132% of RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$36k
’17
−$41k
’18
$18k
’19
$438k
’20
$620k
’21
$659k
’22
−$1.3M
’23
−$835k
’24
4.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Molly Ansbro

Executive director

Board chair

Gregory W Olsen

Founder/chairman

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

'17'18'19'20'21'22'23'24
Listed1111101010101112
Joined·+0+0+0+0+1+1+1
No longer listed·0100100
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 8 funders, grant income rose $55k → $236k.

10 of 26 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION’s funders (the co-funder graph). Top 25 of 26 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION leans on a few funders — its largest provides 41% of grant income and the top three 64%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

51% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION.

41%
largest funder
64%
top three
~5
effective funders

Largest funder’s share by year: 2017 54% · 2018 47% · 2019 39% · 2020 93% · 2021 42% · 2022 65% · 2023 51% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

13% of RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION draws 100% of its grant income from funders outside Florida, across 4 states in all.

NY
NJ
NC
SC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $320k arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION is better cushioned than half of the 8,121 health nonprofits its size.

Operating margin−62% · bottom quartile
Months of reserve4.8mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024

Organizations like RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 5%Fundraising 0%

Governance

10
board members
90%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

60%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 3 states

NC
SC
FL

Screen this organization

A dated, signed PDF of the compliance screen for RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION?
RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION (Florida) receives grants from 26 organizations whose IRS filings report $1,183,905 to it, the largest being DAVID AND NICOLE TEPPER CHARITABLE FOUNDATION ($490,000). 14 of them have funded it in more than one year.
How many funders does RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION have?
IRS filings report 26 organizations giving $1,183,905 in grants to RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION, 14 of which have funded it in more than one year.
Who is the largest funder of RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION?
DAVID AND NICOLE TEPPER CHARITABLE FOUNDATION is the largest funder on record, with $490,000 in grants. The full list of funders is on this page.
How can an organization like RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 26 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing