ANCHORAGE, AK
Rasmuson Foundation
Quick Facts
- EIN
- 916340739
- Location
- ANCHORAGE, AK
- Category
- Philanthropy & Grantmaking
- Total Assets
- $845.4M
- Annual Income
- $283.7M
- IRS Ruling Year
- 1992
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
Rasmuson Foundation is a private corporation based in ANCHORAGE, AK. The foundation received its IRS ruling in 1992. It holds total assets of $845.4M. Annual income is reported at $283.7M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$38.4M
2023-25%
Total Assets
$760.8M
2023+4%
Fair Market Value
$760.8M
2023
Net Worth
$737.5M
2023
Grants Paid
$22.7M
2023
Contributions
$568K
2023
Net Investment Income
$45.6M
2023
Distribution Amount
$35.1M
2023
Total Giving by Year
$21.9M
11$36.5M
12$45.8M
13$43.1M
14$34.2M
15$32.8M
19$34.4M
20$45.8M
21$51.5M
22$38.4M
23Asset Growth
$487.7M
11$569.4M
12$627.6M
13$672.2M
14$651.7M
15$699.9M
19$728.6M
20$851.4M
21$730.2M
22$760.8M
23Investment Portfolio (2023)
Total: $289.5M
Corporate Stock: $279.4M
Government Obligations: $10.1M
Other Investments: $406.8M
Corporate Stock (40%)
Government Obligations (1%)
Other Investments (58%)
Expense Breakdown (2023)
Grants Paid$22.7M
Officer Compensation$2.4M
Pension & Benefits$1.6M
Occupancy$467K
Travel & Conferences$435K
Accounting Fees$256K
Legal Fees$188K
Depreciation$96K
Printing & Publications$25K
Revenue Sources (2023)
- Capital Gains (Net)
- $31.8M
- Other Income
- $9M
- Dividends
- $6.7M
- Contributions
- $568K
- Interest
- $59K
Financial Details (2023)
- Total Revenue
- $48.1M
- Total Expenses
- $38.4M
- Exempt Purpose Expenses
- $41.3M
- Required Distribution
- $35.1M
- Undistributed Income
- $0
- Grants Approved (Future)
- $9.5M
- Total Liabilities
- $23.3M
- Excise Tax
- $634K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$21.2M
Average Grant
$424K
Median Grant
$325K
Grant Range
Min$150K
Max$1.5M
Median: $325K
Smallest grantLargest grant
Geographic Distribution of Grants
AK
AK: $19.3M (47)
ME
VT
NH
WA
ID
MT
MT: $219K (1)
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
VA: $200K (1)
MD
DE
DC
DC: $1.5M (1)
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
AK$19.3M (47)
DC$1.5M (1)
MT$219K (1)
VA$200K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Museum Of The American IndianTHE ELMER AND MARY LOUISE THEATRE ENDOWMENT | Washington, DC | $1.5M | 2023 |
| Alaska Native Heritage CenterBUILDING RENOVATION AND EXHIBIT EXPANSION IN ANCHORAGE | Anchorage, AK | $1.5M | 2023 |
| Spruce RootSEACOAST TRUST ENDOWMENT | Juneau, AK | $1M | 2023 |
| The Alaska Community FoundationNUDLGHI LEADERSHIP INSTITUTE FUND | Anchorage, AK | $1M | 2023 |
| Catholic Social ServicesHOMELESSNESS NAVIGATION CENTER IN ANCHORAGE | Anchorage, AK | $900K | 2023 |
| The Foraker GroupSERVICES FOR ALASKAN NONPROFITS | Anchorage, AK | $830K | 2023 |
| Alutiiq Heritage FoundationALUTIIQ MUSEUM EXPANSION AND RENOVATION | Kodiak, AK | $800K | 2023 |
| Alaska State Council On The ArtsARTS AND CULTURE GRANT PROGRAMS | Anchorage, AK | $750K | 2023 |
| University Of Alaska FoundationALASKA NATIVE SCIENCE AND ENGINEERING PROGRAM | Anchorage, AK | $500K | 2023 |
| Kodiak Area Native AssociationKODIAK MARKETPLACE | Kodiak, AK | $500K | 2023 |
| Boys & Girls Club Of The Kenai PeninsulaCLUBHOUSE CAMPUS CONSTRUCTION | Kenai, AK | $500K | 2023 |
| Nome Community CenterPERMANENT SUPPORTIVE HOUSING | Nome, AK | $500K | 2023 |
| Mat-Su 2024 Arctic Winter Games Host SocietyMAT-SU 2024 ARCTIC WINTER GAMES | Palmer, AK | $475K | 2023 |
| Alaska Public Media IncMOLLY OF DENALI SEASONS 4 AND 5 | Anchorage, AK | $450K | 2023 |
| The Salvation Army - Alaska DivisionKING'S LAKE CAMP REVITALIZATION PROJECT | Anchorage, AK | $450K | 2023 |
| Fairbanks Library FoundationNOEL WIEN LIBRARY RENOVATION AND EXPANSION | Fairbanks, AK | $450K | 2023 |
| Bean'S CafeFOOD PRODUCTION FACILITY EXPANSION IN ANCHORAGE | Anchorage, AK | $450K | 2023 |
| Ketchikan Gateway BoroughDUDLEY SPORTS FIELD IMPROVEMENTS | Ketchikan, AK | $450K | 2023 |
| Organized Village Of KakeCOMMUNITY GATHERING PLACE | Kake, AK | $450K | 2023 |
| Museums Alaska IncART ACQUISITION AND COLLECTIONS MANAGEMENT FUND FOR ALASKA MUSEUMS | Anchorage, AK | $447K | 2023 |
| Sitka Homeless CoalitionPERMANENT SUPPORTIVE HOUSING | Sitka, AK | $420K | 2023 |
| Community ConnectionsTHERAPEUTIC FOSTER CARE HOMES IN KETCHIKAN AND PRINCE OF WALES | Ketchikan, AK | $400K | 2023 |
| Sultana New Ventures LlcRECOVER ALASKA PROGRAM | Anchorage, AK | $400K | 2023 |
| Gamers Sports TravelMOUNTAIN VIEW INDOOR BASEBALL AND SOFTBALL FIELD HOUSE IN ANCHORAGE | Anchorage, AK | $350K | 2023 |
| The Alaska Black CaucusEQUITY CENTER IN ANCHORAGE | Anchorage, AK | $350K | 2023 |
| Juneau Housing First Collaborative Dba The Glory HallJUNEAU HOUSING FIRST AFFORDABLE HOUSING CONVERSION | Juneau, AK | $300K | 2023 |
| Shiloh Community Housing IncRESOURCE CENTER RENOVATION IN ANCHORAGE | Anchorage, AK | $300K | 2023 |
| Great Alaska Council Boy Scouts Of AmericaRENOVATION OF THE CAMP GORSUCH DINING HALL IN CHUGIAK | Anchorage, AK | $250K | 2023 |
| Anchorage Park FoundationPARK IMPROVEMENTS IN DOWNTOWN ANCHORAGE | Anchorage, AK | $250K | 2023 |
| University Of Alaska FoundationRASMUSON ARCTIC LEADERSHIP INITIATIVE | Anchorage, AK | $250K | 2023 |
| Sultana New Ventures LlcUAA SOCIAL WORK EXPANSION PROJECT | Anchorage, AK | $250K | 2023 |
| City Of ValdezSENIOR HOUSING CONSTRUCTION | Valdez, AK | $250K | 2023 |
| Hoonah Indian AssociationCOMMUNITY GREENHOUSE AND KITCHEN | Hoonah, AK | $250K | 2023 |
| Southeast Alaska Food BankFOOD STORAGE WAREHOUSE IN JUNEAU | Juneau, AK | $250K | 2023 |
| The Alaska Community FoundationSTRENGTHENING ORGANIZATIONS | Anchorage, AK | $250K | 2023 |
| Alaska Sustainable Fisheries TrustGULF OF ALASKA FISHERY QUOTA BANK | Sitka, AK | $238K | 2023 |
| Alaska Municipal LeagueNONPROFIT COALITION | Juneau, AK | $225K | 2023 |
| National Forest FoundationCONSTRUCT OF PUBLIC USE CABINS IN ALASKA'S NATIONAL FORESTS | Missoula, MT | $219K | 2023 |
| The Conservation FundENGINEERING STUDY FOR EKLUTNA RIVER & EKLUTNA LAKE | Arlington, VA | $200K | 2023 |
| Igiugig VillageCOMMUNITY CULTURAL CENTER CONSTRUCTION | Igiugig, AK | $200K | 2023 |
| The Great Land TrustSETTLER'S BAY COASTAL PARK EXPANSION IN THE MAT-SU BOROUGH | Anchorage, AK | $200K | 2023 |
| Tsalteshi Trails AssociationMAINTENANCE BUILDING AND STORAGE YARD IN SOLDOTNA | Soldotna, AK | $185K | 2023 |
| For The Kids Foundation Dba Big Brothers Big Sisters Pick-Up ServiceVEHICLES FOR DONATION PROGRAM IMPROVEMENTS IN ANCHORAGE | Anchorage, AK | $181K | 2023 |
| Spruce Island Development CorporationSTRUCTURAL REPAIRS TO A HISTORIC CHURCH | Anchorage, AK | $180K | 2023 |
| Opt-In KianaYOUTH CENTER RENOVATION AND FURNISHINGS | Kiana, AK | $177K | 2023 |
| Abused Women'S Aid In CrisisFACILITY AND TECHNOLOGY UPGRADES IN ANCHORAGE | Anchorage, AK | $170K | 2023 |
| Anchorage Sportsplex Dba The DomeBLOWER UNIT FOR THE DOME | Anchorage, AK | $150K | 2023 |
| Palmer Family Church Of The NazareneINCLUSIVE FAMILY PARK IN PALMER | Palmer, AK | $150K | 2023 |
| Peninsula Art Guild Dba Kenai Art CenterBUILDING RESTORATION AND RENOVATION | Kenai, AK | $150K | 2023 |
| Nordic Skiing Association Of AnchorageKARL EID SKI JUMP BUILDINGS | Anchorage, AK | $150K | 2023 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
| 2015-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
See Similar Foundations
Philanthropy & Grantmaking
Gates Foundation
SEATTLE, WA
$78.7BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Gates Foundation Trust
KIRKLAND, WA
$77.6BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Ford Foundation
NEW YORK, NY
$17.5BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
William & Flora Hewlett Foundation
MENLO PARK, CA
$14.2BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Robert Wood Johnson Foundation
PRINCETON, NJ
$13.4BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
J Paul Getty Trust
LOS ANGELES, CA
$13BPhilanthropy & Grantmaking