Nonprofits›Howard Rasmussen Charitable Trust Dated January 1 2023
Private Independent Foundations
Howard Rasmussen Charitable Trust Dated January 1 2023
MADELIA, MN
Total revenue
$87K
Total expenses
$34K
Net assets
$3.7M
Grants received
—
EIN
934718893
Tax year
2023
Mission
The trust was created and it is intended that it will be operated exclusively for the charitable purposes as set forth in the internal revenue code. The trust shall make grants, or otherwise accomplish its charitable purposes, by distributing the net income of the trust property to charitable organizations in the madelia and lake crystal, minnesota geographic area.
Financials
FY 2023
Revenue
Contributions & grants—
Program service revenue—
Investment income—
Other revenue$120K
Total revenue$87K
Expenses
Grants paid—
Salaries & benefits$4K
Fundraising—
Other expenses$30K
Total expenses$34K
Total assets$3.7M
Net assets$3.7M
People
2 listed
NameRoleCompensation
RICHARD C KELSEY
TRUSTEE
Board
$3K
1 hrs/wk
STEVEN J SORENSON
TRUSTEE
Board
$2K
0.25 hrs/wk
Details
EIN934718893
NTEE codeT22
Subsection03
Ruling date2024-10
Formed2023
Employees0