Funder DirectoryWALTER C RASMUSSEN - NORTHEAST BANK
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Private foundation (trust)EIN 416373302Est. 1994-03

WALTER C RASMUSSEN - NORTHEAST BANK

MINNEAPOLIS, MN 55413

Accepts unsolicited proposals

Total Assets

$88K

FY 2024

Annual Giving

$408K

FY 2024

Grants Made

133

FY 2024

Avg Grant

$3K

FY 2024

Grant Range

$250–$56K

Typical

Deadlines

September 15

Applications

Financial Snapshot

2024 filing

Total Revenue

$492K

Total Expenses

$411K

Qualifying Distributions

$408K

Distributable Amount

$4K

Min. Investment Return

$4K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

133 grants

Grant sizes from minimum $250 through median $1K to maximum $56K, 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

5 years

Giving over time from 2020 to 2024. Peak $408K in 2024. Hover bars for details.

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

Top Recipients

500 grants

THE BETA GROUP
$124K
4 grants
EAST SIDE NEIGHBORHOOD SERVICES
$83K
5 grants
SACA
$80K
5 grants
MERCY MEDICAL FOUNDATION
$70K
2 grants
METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS
$60K
5 grants
LEE CARLSON CENTER
$53K
5 grants
ALLINA HEALTH FOUNDATION
$52K
3 grants
FRIENDS OF RAMSEY LIBRARY (NB)
$50K
5 grants

Grant Size Distribution

500 grants

<$10K
483
grants
$10–50K
15
grants
$50–250K
2
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Minnesota
$1.3M
100% of total
New York
$2K
0% of total

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