Funder DirectoryRASMUSON FOUNDATION
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Private foundation (trust)EIN 916340739Est. 1992-12

RASMUSON FOUNDATION

ANCHORAGE, AK 99503

Accepts unsolicited proposals

Total Assets

$845.4M

FY 2024

Annual Giving

$17.7M

FY 2024

Grants Made

300

FY 2024

Avg Grant

$59K

FY 2024

Grant Range

$50–$1M

Typical

Deadlines

Tier 1 and 2 grant programs - no deadl…

Applications

Programs & Activities

Program 1

$84K

The foundation's individual artist award program awards one distinguished artist, ten fellowship, and twenty-five project awards. Various teleconferences and gatherings of panelists were hosted to review and select from over four hundred applications to the program.

Program 2

$36K

The foundation's sabbatical program awards five to seven sabbatical grants to support and incentivize alaska's nonprofit and tribal executives to remain in the field. Various teleconferences and gatherings of panelists were hosted to review and select applications to the program.

Program 3

$20K

The foundation engaged in exploring a homelessness initiative and contractors were hired to assist with strategic, program, financial, and infrastructure developments. Various teleconferences, panels, and gatherings of grantees and business leaders were hosted to bring together experts from differing cultures, locations and organizations to support the efforts to end homelessness in alaska.

Program 4

$12K

While developing areas of strategic interest for the board, staff have followed a consistent path toward an initiative proposal. We call this work exploration. It allows staff to consider many different topics and engage broadly while determining the best path forward.

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$69.3M

Total Expenses

$35.4M

Qualifying Distributions

$27.8M

Distributable Amount

$41.2M

Min. Investment Return

$40.7M

Undistributed Income

$6.7M

Payout rate 67%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.67%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

300 grants

Grant sizes from minimum $50 through median $5K to maximum $1M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

2 years

Giving over time from 2023 to 2024. Peak $26.6M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

THE ALASKA COMMUNITY FOUNDATION
$3.9M
10 grants
ALASKA NATIVE HERITAGE CENTER
$1.5M
3 grants
ALASKA STATE COUNCIL ON THE ARTS
$1.5M
2 grants
NATIONAL MUSEUM OF THE AMERICAN INDIAN
$1.5M
1 grant
THE FORAKER GROUP
$1.5M
5 grants
UNIVERSITY OF ALASKA FOUNDATION
$1.4M
10 grants
FAIRBANKS NEIGHBORHOOD HOUSING SERVICES
$1.2M
3 grants
ANCHORAGE COMMUNITY LAND TRUST
$1.1M
2 grants

Grant Size Distribution

500 grants

<$10K
186
grants
$10–50K
196
grants
$50–250K
73
grants
$250K–1M
43
grants
$1–5M
2
grants
$5M+

Geographic Focus

14 states

Alaska
$41.8M
94% of total
District of Columbia
$1.8M
4% of total
Montana
$219K
0% of total
Virginia
$200K
0% of total
New York
$76K
0% of total
Maine
$62K
0% of total
Massachusetts
$61K
0% of total
Washington
$57K
0% of total
Colorado
$22K
0% of total
Pennsylvania
$6K
0% of total

+4 more states

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RASMUSON FOUNDATION — Grants, Financials & Contact | Grantivo