NonprofitsHoward 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
HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023 — Mission, Financials & Grants Received | Grantivo