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Wilfred & Margaret Rasmussen Memorial Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2010. The principal officer is Wells Fargo Bank Na. It holds total assets of $1.5M. Annual income is reported at $486K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in South Dakota. According to available records, Wilfred & Margaret Rasmussen Memorial Trust has made 9 grants totaling $210K, with a median grant of $18K. The foundation has distributed between $70K and $70K annually from 2020 to 2022. Individual grants have ranged from $18K to $35K, with an average award of $23K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in South Dakota. Contributions to this foundation are tax-deductible.
Smallest Grant
$18K
Median Grant
$18K
Average Grant
$23K
Largest Grant
$35K
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.
Wilfred & Margaret Rasmussen Memorial Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in SD.
Wilfred & Margaret Rasmussen Memorial Trust has distributed a total of $210K across 9 grants. The median grant size is $18K, with an average of $23K. Individual grants have ranged from $18K to $35K.
Wilfred & Margaret Rasmussen Memorial Trust typically selects its grantees rather than accepting unsolicited proposals.
Wilfred & Margaret Rasmussen Memorial Trust is headquartered in SAINT LOUIS, MO.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $15K | $0 | $15K |
Total Giving
$86K
Total Assets
$1.5M
Fair Market Value
$1.6M
Net Worth
$1.5M
Grants Paid
$70K
Contributions
N/A
Net Investment Income
$39K
Distribution Amount
$73K
Total: N/A
Total Grants
9
Total Giving
$210K
Average Grant
$23K
Median Grant
$18K
Unique Recipients
3
Most Common Grant
$18K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Girls IncorporatedGENERAL OPERATING | Rapid City, SD | $35K | 2022 |
| Boys Club Of Rapid City IncGENERAL OPERATING | Rapid City, SD | $18K | 2022 |
| Black Hills Workshop And TrainingGENERAL OPERATING | Rapid City, SD | $18K | 2022 |