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The George and Carol Olmsted Foundation

Profile

Last Updated: 2016-07-28

At A Glance

The George and Carol Olmsted Foundation

80 E. Jefferson St., Ste. 300B

Falls Church, VA United States 22046-3566

URL: www.olmstedfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $43,740,857

Total giving: $1,021,782

EIN

546049005

BRIDGE Number

6542072608

Additional Contact Information

Toll-free tel.: (877) 656-7833

Background

Incorporated in 1960 in VA

Purpose and Activities

The primary objective of the foundation is to support programs designed to contribute to the nation's security by providing potential leaders with a comprehensive education, knowledge and depth of understanding of the political, economic and military factors involved in international relations. To this end, the foundation funds the Olmsted Scholar Program, through which career officers are awarded grants for study in a foreign country. The foundation supports active duty regular line officers, service academy cadets, and ROTC cadets. The foundation does not support civilian personnel.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Foreign study scholarships by nomination only to career military officers in the Armed Forces.

Olmsted Scholar Program

Each year, the Olmsted Scholar Program offers educational grants for two years of graduate study in a foreign language and other educational experiences in a foreign country to competitively selected career line officers from the four branches of the U.S. military. The foundation has the goal of selecting the most highly qualified officers from the Army, Navy, Air Force, and Marine Corps annually, with the number of scholars selected based on the foundation's financial ability to support them and the available pool of qualified candidates. See foundation web site for further information.

Fields of Interest

Subjects
  • Arts and culture
  • Education
  • Higher education
  • Historic preservation
  • Historical activities
  • National defense
  • Undergraduate education
  • University education
Population Groups
  • Academics
  • Military personnel
  • People of African descent
  • Students

Financial Data

Year ended 2014-12-31

Assets: $43,740,857 (market value)

Expenditures: $2,286,985

Total giving: $1,021,782

Qualifying distributions: $2,006,727