EIN 91-6340739

Rasmuson Foundation

IRS 501(c) type
501(c)(3)
Num. employees
41
State
Year formed
1992
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Rasmuson Foundation is a family foundation based in Anchorage, AK, that primarily funds general support and project awards in visual arts, music composition, multidisciplinary projects, industry support, and literary arts. It serves as the state of Alaska's digital equity administrator to develop plans for distributing federal funds. Last year, it made 569 grants to various organizations, including Providence Health & Services Washington.
Total revenues
$48,146,136
2023
Total expenses
$38,384,353
2023
Total assets
$760,803,239
2023
Num. employees
41
2023

Program areas at Rasmuson Foundation

The Foundation's broadband initiative coordinated group meetings to understand barriers preventing access to broadband across the state. Partner organizations and nonprofits led various listening sessions and surveys to ensure all populations were covered. A team of advisers with expertise in navigating the world of federal broadband grant funding was utilized.
The Foundation engaged in exploring a homelessness initiative and contractors were hired to assist with strategic, program, financial, and infrastructure developments. Various teleconferences, panels, and gatherings of grantees and business leaders were hosted to bring together experts from differing cultures, locations and organizations to support the efforts to end homelessness in Alaska.
The Foundation's individual artist award program awards one distinguished artist, ten fellowship, and twenty-five project awards. Various teleconferences and gatherings of panelist were hosted to review and select from over four hundred applications to the program.

Grants made by Rasmuson Foundation

GranteeGrant descriptionAmount
Alaska Native Heritage Center (ANHC)Building Renovation and Exhibit Expansion in Anchorage$1,500,000
Spruce RootSeacoast Trust Endowment$1,000,000
Alaska Community Foundation (ACF)Nudlghi Leadership Institute Fund$1,000,000
...and 565 more grants made totalling $21,595,480

Who funds Rasmuson Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mat Su Health Foundation (MSHF)2022 Grantmakers Educational Tour of Alaska$10,000

Personnel at Rasmuson Foundation

NameTitleCompensation
Gretchen GuessChief Executive Officer$397,756
Jeffrey C BairdFormer Chief of Staff$212,519
Bob DoehlVice President of Operations
Robert DoehlVice President Operations$222,595
Julee FarleyFormer Chief Financial Officer$318,247
...and 21 more key personnel

Financials for Rasmuson Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$567,800
Investment income and dividends$6,728,388
Net rental income$0
Net gain from sale of non-inventory assets$31,818,722
Gross sales of inventory$0
Miscellaneous revenues$9,031,226
Total revenues$48,146,136

Form 990s for Rasmuson Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990PFView PDF
2022-122023-11-14990PFView PDF
2021-122023-11-14990PFView PDF
2021-122022-11-10990PFView PDF
2020-122023-11-14990PFView PDF
...and 13 more Form 990s

Organizations like Rasmuson Foundation

OrganizationLocationRevenue
Thornburg FoundationSanta Fe, NM$12,636,727
The Samueli FoundationCorona Del Mar, CA$53,122,892
Wood-Claeyssens FoundationSanta Barbara, CA$26,687,559
Towbes FoundationSanta Barbara, CA$40,632,435
Marvy Finger Family FoundationHouston, TX$32,082,328
The Keith Haring FoundationNew York, NY$15,916,366
Heckscher Foundation for ChildrenNew York, NY$13,079,325
Craig-Scheckman Family FoundationSteamboat Springs, CO$12,473,930
Gary PhilanthropyDenver, CO$13,488,093
Irving Harris FoundationChicago, IL$14,618,353
Data update history
December 28, 2024
Updated personnel
Identified 2 new personnel
December 28, 2024
Used new vendors
Identified 2 new vendors, including , and
January 24, 2024
Updated personnel
Identified 2 new personnel
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 3, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsLobbyingPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
301 W Northern Lights Blvd 601
Anchorage, AK 99503
Metro area
Anchorage, AK
County
Anchorage Municipality, AK
Website URL
rasmuson.org/ 
Phone
(907) 297-2700
Facebook page
rasmusonfoundation 
Twitter profile
@rasmuson 
IRS details
EIN
91-6340739
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Rasmuson Foundation has new information, or want to find more organizations like Rasmuson Foundation?

Create free Cause IQ account