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EIN 41-6373302

Walter C Rasmussen - Northeast Bank Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Minneapolis
State
Minnesota
Year formed
1994
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Walter C Rasmussen - Northeast Bank Foundation is a private foundation located in Minneapolis, MN. It primarily funds general support, community development, affordable housing, and economic development projects. Its grantees include Allina Health Foundation and others. Last year, the foundation made 113 grants to various organizations.
Also known as...
Walter C Rasmussen Foundation; C-O Belva H Rasmussen
Total revenues
$220,786
2022
Total expenses
$249,310
2022
Total assets
$1,920
2022
Num. employees
n/a

Grants made by Walter C Rasmussen - Northeast Bank Foundation

GranteeGrant descriptionAmount
Allina Health Foundation As of 4122General Support$25,000
Lee Carlson Center for Mental Health & Well-BeingGeneral Support$13,000
East Side Neighborhood ServicesCommunity Development$6,000
...and 63 more grants made totalling $125,000

Personnel at Walter C Rasmussen - Northeast Bank Foundation

NameTitleCompensation
Benjamin RasmussenVice President$0

Financials for Walter C Rasmussen - Northeast Bank Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$220,764
Investment income and dividends$22
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$220,786

Form 990s for Walter C Rasmussen - Northeast Bank Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990PFView PDF
2021-122022-09-21990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
2018-122019-09-05990PFView PDF
...and 7 more Form 990s
Data update history
May 14, 2023
Updated personnel
Identified 1 new personnel
May 10, 2023
Received grants
Identified 1 new grant, including a grant for $3,000 from The Mick and Sandy Lee Family Foundation
May 9, 2023
Used new vendors
Identified 1 new vendor, including
October 7, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 27, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
77 Broadway St Ne
Minneapolis, MN 55413
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
nebankmn.com/ 
Phone
(612) 362-3219
IRS details
EIN
41-6373302
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1994
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
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