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Rasmussen Family Foundation Inc. is a private corporation based in JUPITER, FL. The foundation received its IRS ruling in 2022. The principal officer is % Steven T Rasmussen. It holds total assets of $1.2M. Annual income is reported at $654K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rasmussen Family Foundation Inc. has made 4 grants totaling $155K, with a median grant of $40K. Annual giving has grown from $25K in 2021 to $50K in 2023. Grantmaking activity was highest in 2022 with $80K distributed across 2 grants. Individual grants have ranged from $25K to $50K, with an average award of $39K. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
Rasmussen Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in FL.
Rasmussen Family Foundation Inc. has distributed a total of $155K across 4 grants. The median grant size is $40K, with an average of $39K. Individual grants have ranged from $25K to $50K.
FOR THE PUBLIC WELFARE OR FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, EDUCATION OR OTHER SIMILAR PURPOSES.
Rasmussen Family Foundation Inc. is headquartered in JUPITER, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margarita L H Rasmussen | DIRECTOR & V | $0 | $0 | $0 |
| Stephen Tyler Rasmussen | DIRECTOR & V | $0 | $0 | $0 |
| Steven T Rasmussen | DIRECTOR & P | $0 | $0 | $0 |
| Rebecca Cinca | DIRECTOR & V | $0 | $0 | $0 |
| Jordan Leigh Thomas | DIRECTOR & V | $0 | $0 | $0 |
Total Giving
$62K
Total Assets
$1M
Fair Market Value
$1M
Net Worth
$1M
Grants Paid
$50K
Contributions
$100K
Net Investment Income
$19K
Distribution Amount
$43K
Total: $889K
Total Grants
4
Total Giving
$155K
Average Grant
$39K
Median Grant
$40K
Unique Recipients
1
Most Common Grant
$40K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The King'S AcademyGENERAL SUPPORT | West Palm Beach, FL | $50K | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
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