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Filing year 2024

RASMUSON FOUNDATION

Anchorage, Alaska·EIN 91-6340739·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$69.3M
Total assets
$845.4M
Total expenses
$35.4M
Reported officers
16

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

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

President/ceo
Board President
Above 90th percentile
$521k
$554k
VP Programs
Board Vice President
Above 90th percentile
$284k
$302k
VP Strategy
Board Vice President
Above 90th percentile
$269k
$286k
VP Operations
Board Vice President
Above 90th percentile
$240k
$256k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 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 RASMUSON FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1%
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

$17.7M

Itemized grants

300

Median grant

$5k

RecipientLocationPurposeAmount
ANCHORAGE COMMUNITY LAND TRUSTANCHORAGE, AKFOOD BUSINESS INCUBATOR FACILITY$1M
FAIRBANKS NEIGHBORHOOD HOUSING SERVICESFAIRBANKS, AKFAIRBANKS VACANT/BLIGHTED HOUSING PROJECT$1M
THE ALASKA COMMUNITY FOUNDATIONANCHORAGE, AKAFFILIATE PROGRAM$1M
THE ALASKA COMMUNITY FOUNDATIONANCHORAGE, AKSUPPORT CAMP ORGANIZATIONS STATEWIDE$1M
ALASKA STATE COUNCIL ON THE ARTSANCHORAGE, AKSUPPORT REGRANTING AND FLEXIBLE FUND DEPLOYMENT$750k
RESIDENTIAL YOUTH CARE INCKETCHIKAN, AKCOMMUNITY YOUTH CENTER IN KETCHIKAN$600k
THE FORAKER GROUPANCHORAGE, AKSUSTAINING SUPPORT$600k
JUNEAU HOUSING FIRST COLLABORATIVEJUNEAU, AKFORGET-ME-NOT MANOR: PHASE 3$500k
UNIVERSITY OF ALASKA FOUNDATIONANCHORAGE, AKANSEP ACCELERATION ACADEMY 10-YEAR PROGRAM$500k
CITY OF SOLDOTNASOLDOTNA, AKSOLDOTNA FIELD HOUSE$450k
MUSEUMS ALASKA INCANCHORAGE, AKART ACQUISITION AND COLLECTIONS MANAGEMENT FUND FOR ALASKA MUSEUMS$448k
RAVEN RADIO KCAW COASTALASKASITKA, AKRADIO TRANSLATOR UPGRADE$400k
ALASKA TRAILSANCHORAGE, AKALASKA LONG TRAIL$375k
ALASKA COALITION ON HOUSING & HOMELESSNESSJUNEAU, AKSUPPORTING AN INTEGRATED HOMELESSNESS RESPONSE SYSTEM$360k
ANCHORAGE COALITION TO END HOMELESSNESSANCHORAGE, AKINTEGRATED HOMELESSNESS RESPONSE TEAM$350k
GIRDWOOD INCGIRDWOOD, AKCONSTRUCTION OF CHILDCARE FACILITY$350k
RECOVER ALASKAANCHORAGE, AKTHREE-YEAR OPERATIONAL GRANT$300k
ANCHORAGE PARK FOUNDATIONANCHORAGE, AKCOMMUNITY CHALLENGE GRANT$285k
CITY OF BETHELBETHEL, AKANIMAL CARE AND CONTROL FACILITY$250k
HOPE COMMUNITY RESOURCES INCANCHORAGE, AKHOUSING RENOVATIONS$250k
MUNICIPALITY OF ANCHORAGE GIRDWOOD PARKS AND RECREATIONGIRDWOOD, AKCONSTRUCTION OF THE WINNER CREEK SUSPENSION BRIDGE$250k
NORTH STAR COUNCIL ON AGING (FAIRBANKS SENIOR CENTER)FAIRBANKS, AKSENIOR CENTER RENOVATIONS$250k
RURAL ALASKA COMMUNITY ACTION PROGRAM INCANCHORAGE, AKPERMANENT SUPPORTIVE HOUSING RENOVATIONS$250k
SULTANA NEW VENTURES LLCANCHORAGE, AKUAA SOCIAL WORK EXPANSION PROJECT$250k
THE ALASKA COMMUNITY FOUNDATIONANCHORAGE, AKNONPROFIT RETROFIT FUND$250k
Compare this foundation's grantees

Up 26%
from 2023

From $415k in 2023 to $521k in 2024.

$415k
2023
$521k
2024
In today's dollarsEst.
Up 22% in real terms$454k to $554k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Vice President pay fell 32% from 2023 to 2024, while revenue rose 44%.

$415k in 2023 to $284k in 2024.

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

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), 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 RASMUSON FOUNDATION

What does the Board President of RASMUSON FOUNDATION earn?

In 2024, the Board President of RASMUSON FOUNDATION received $520,756 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at RASMUSON FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board President at RASMUSON FOUNDATION falls in the top 10%. In 2024, the highest total compensation at RASMUSON FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are RASMUSON FOUNDATION's revenue and expenses?

In 2024, RASMUSON FOUNDATION reported $69.3M in total revenue and $35.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.