RASMUSON FOUNDATION

Supporting OrganizationIRS data 2020–2024

ANCHORAGE, AKEIN 916340739 Website

Annual Giving

$17.7M-40% YoY

Grants

300

Median Grant

$5K

Organizations Funded

409

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Foundation Overview

Mission

To empower Alaskans to help each other; To promote a better life for Alaskans; Focused on improving Alaskan lives through grants, community collaboration, and encouraging charitable giving

Focus Areas

homelessness prevention and supportive housingaffordable housing developmentcapital projects and facility constructioncommunity centers and public community infrastructurealaska native cultural heritage and indigenous artsmuseums and collections managementarts and culture programsyouth services and youth development centers

Grant Types

capital grants for construction and renovationfacility and equipment grantsoperating/general supportprogram/project grantsendowmentscapacity-building and technical assistance grants

Funded Initiatives

$6.1 million approved June 2025 supporting libraries, affordable housing, behavioral health care, child care, cultural centers; $1.5 million to Voices Across Alaska Fund; $500,000 to City of Palmer library; $750,000 to First United Methodist Church Anchorage for child care; $2 million to Tending the Future Initiative; $35 million granted last year

How to Apply

Apply online through SmartSimple portal. Tier 1 grants (up to $35,000) accepted year-round with rolling review, decisions within 90 days. Community Support grants (up to $250,000) for past awardees. Legacy grants (over $250,000) require conversation with program officer and LOI submission. Process takes 6-12 months.

Based on publicly available information from the foundation's 990 filings and website.

Giving History

2024-40%

$17.7M

Grants

300

Median

$5K

States

2023-12%

$29.3M

Grants

706

Median

$8K

States

2022

$33.3M

Grants

569

Median

$9K

States

Grant Size Distribution

$5K

Typical Grant (Median)

$50

Smallest

$1K

25th Pctile

$30K

75th Pctile

$1.0M

Largest

Excludes grants ≤ $5K. Half fall between $1K and $30K.

Largest Recent Grants

$1.0M

2024

THE ALASKA COMMUNITY FOUNDATION

AK · SUPPORT CAMP ORGANIZATIONS STATEWIDE

$1.0M

2024

THE ALASKA COMMUNITY FOUNDATION

AK · AFFILIATE PROGRAM

$1.0M

2024

FAIRBANKS NEIGHBORHOOD HOUSING SERVICES

AK · FAIRBANKS VACANT/BLIGHTED HOUSING PROJECT

$1.0M

2024

ANCHORAGE COMMUNITY LAND TRUST

AK · FOOD BUSINESS INCUBATOR FACILITY

$750K

2024

ALASKA STATE COUNCIL ON THE ARTS

AK · SUPPORT REGRANTING AND FLEXIBLE FUND DEPLOYMENT

Geographic Focus

$17.3M283 grants

$260K2 grants

$32K2 grants

$31K2 grants

$7K3 grants

Top states by total grant dollars. Based on IRS filing data.

Financial Overview

YearTotal AssetsGrants Paid

2024

$845.4M

$17.7M(2.1%)

2023

$760.8M

$29.3M(3.9%)

2022

$730.2M

$33.3M(4.6%)

2021

$851.4M

$26.8M(3.2%)

2020

$728.6M

$21.5M(2.9%)

Grants paid shown as percentage of total assets

Network Intelligence

Funding follows networks, not keywords

SciRise maps 4.8M+ grants across 16,000+ foundations to identify which ones are most likely to fund organizations like yours — based on who they already fund, not just what they say they fund.

Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.