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Olga D Rasmussen Award is a private trust based in ITHACA, NY. The foundation received its IRS ruling in 1991. The principal officer is Bank Of America Na. It holds total assets of $219K. Annual income is reported at $347K. Total assets have decreased from $309K in 2011 to $219K in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in Florida, New York and District of Columbia. According to available records, Olga D Rasmussen Award has made 25 grants totaling $143K, with a median grant of $4K. Annual giving has grown from $20K in 2021 to $74K in 2024. Individual grants have ranged from $2K to $14K, with an average award of $6K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Pennsylvania, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$4K
Average Grant
$7K
Largest Grant
$12K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Olga D Rasmussen Award is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in NY, DC, PA.
Olga D Rasmussen Award has distributed a total of $143K across 25 grants. The median grant size is $4K, with an average of $6K. Individual grants have ranged from $2K to $14K.
The application deadline is APRIL 15 NONE. Based on economic need and academic achievement none none.
Olga D Rasmussen Award is headquartered in ITHACA, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $4K | $0 | $4K |
Total Giving
$98K
Total Assets
$219K
Fair Market Value
$259K
Net Worth
$219K
Grants Paid
$74K
Contributions
N/A
Net Investment Income
$217
Distribution Amount
$13K
Total Grants
25
Total Giving
$143K
Average Grant
$6K
Median Grant
$4K
Unique Recipients
15
Most Common Grant
$4K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Penn State UniversitySCHOLARSHIPS | University Park, PA | $14K | 2024 |
| Georgetown UniversitySCHOLARSHIPS | Washington, DC | $12K | 2024 |
| St John Fisher CollegeSCHOLARSHIPS | Rochester, NY | $11K | 2024 |
| Russell Sage CollegeSCHOLARSHIPS | Troy, NY | $7K | 2024 |
| Ithaca CollegeSCHOLARSHIPS | Ithaca, NY | $4K | 2024 |
| Paul Smiths College Of Arts & ScienceUNRESTRICTED GENERAL | Paul Smiths, NY | $4K | 2024 |
| Utica CollegeSCHOLARSHIPS | Utica, NY | $4K | 2024 |
| Stony Brook UniversitySCHOLARSHIPS | Stony Brook, NY | $4K | 2024 |
| Le Moyne CollegeSCHOLARSHIPS | Syracuse, NY | $4K | 2024 |
| Northeastern UniversitySCHOLARSHIPS | Boston, MA | $3K | 2024 |
| Suny FredoniaSCHOLARSHIPS | Fredonia, NY | $2K | 2024 |
| Nazareth CollegeSCHOLARSHIPS | Rochester, NY | $2K | 2024 |
| Mohawk Valley Community CollegeSCHOLARSHIPS | Utica, NY | $2K | 2024 |
| Marist CollegeSCHOLARSHIPS | Poughkeepsie, NY | $2K | 2024 |
| Flagler CollegeSCHOLARSHIP | At Augustine, FL | $4K | 2021 |