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Filing year 2024

Charles and Patricia Rasmussen Family Foundation

Valencia, California·EIN 87-0753737·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$141k
Total assets
$2.5M
Total expenses
$126k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California.

Vice President
Board Vice President
10th to 25th percentile
$9k
$9k
Accounting
Unclassified
$6k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Charles and Patricia Rasmussen Family Foundation equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
7%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$99k

Itemized grants

18

Median grant

$4k

RecipientLocationPurposeAmount
Carousel RanchSanta clarita, CAdonation provided$17k
Homes 4 FamiliesWoodland Hills, CAdonation provided$16k
Grace Brethern Church of Simi ValleSimi Valley, CAdonation provided$13k
Newhall School DistrictValencia, CAdonation provided$10k
Henry Mayo Newhall Hospital FoundatValencia, CAdonation provided$10k
Boys and Girls ClubSanta Clarita, CAdonation provided$5k
SCTVSanta Clarita, CACommunity programs and services$5k
The Painted TurtleSanta Monica, CACommunity services$5k
Santa Clarita Valley Scholarship FoSanta Clarita, CAdonation provided$5k
Mustangs MENDSanta Clarita, CAdonation provided$4k
John StorhouseNewbury Park, CAEducation and youth programs$3k
Triumph FoundationValencia, CACommunity Programs and Services$2k
Snap SportsValencia, CACommunity services$1k
Santa Clarita Valley Historical SocietyNewhall, CACommunity programs and services$1k
CAUSEWhittier, CASpecial Education and youth programs$1k
College of the Canyons FoundationSanta Clarita, CAdonation provided$1k
Friends of Heart ParkNewhall, CACommunity Programs and Services$750
Child Family CenterSanta Clarita, CAdonation provided$500
Compare this foundation's grantees
Pay for the position

Board Vice President pay fell 50% from 2023 to 2024, while revenue rose 64%.

$17k in 2023 to $9k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Charles and Patricia Rasmussen Family Foundation

What does the Board Vice President of Charles and Patricia Rasmussen Family Foundation earn?

In 2024, the Board Vice President of Charles and Patricia Rasmussen Family Foundation received $8,760 in total compensation. This pay is in the bottom quarter for Board Vice President roles among Philanthropy, Voluntarism & Grantmaking organizations in California, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at Charles and Patricia Rasmussen Family Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California, the 2024 pay of the Board Vice President at Charles and Patricia Rasmussen Family Foundation falls between the 10th and 25th percentiles. In 2024, the highest total compensation at Charles and Patricia Rasmussen Family Foundation equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Charles and Patricia Rasmussen Family Foundation's revenue and expenses?

In 2024, Charles and Patricia Rasmussen Family Foundation reported $141k in total revenue and $126k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.