· Private foundation
Walter C Rasmussen - Northeast Bank Foundation
Its FY2024 filing reports that it accepted unsolicited grant applications.
What you funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year — across FY2019–2024.
Where the money goes
Your grants by size, and where they go.
By grant size · FY2024
- Under $10k124 grants · $168k
- $10k–50k8 grants · $184k
- $50k–250k1 grant · $56k
| Recipient | Amount |
|---|---|
| EAST SIDE NEIGHBORHOOD SERVICES | $56,000 |
| THE BETA GROUP | $45,000 |
| SACA | $29,000 |
| THE CAMDEN PROMISE | $27,500 |
| ALLINA HEALTH FOUNDATION | $25,000 |
| LEE CARLSON CENTER | $24,000 |
| MY VERY OWN BED | $13,000 |
| SACA | $10,500 |
| FRIENDS OF RAMSEY LIBRARY (NB) | $10,000 |
| ISD #13 | $8,536 |
| THE DWELLING PLACE | $6,500 |
| MINNESOTA MEDICAL FOUNDATION | $5,000 |
| CATHOLIC ELDERCARE | $5,000 |
| DOUGHERTY FAMILY COLLEGE | $5,000 |
| METROPOLITAN ECONOMIC DEVELOPMENT ASSOC | $5,000 |
Do your dollars go where the need is?
Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.
Your human-services grants (FY19–24, $225k) land where the poverty rate runs at 9%, against an area that typically sits at 7%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.
US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.
Who you back again
Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.
And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +35% since the first grant, against +24% for the ones you funded once.
138 repeat relationships — 117 still active in FY2024, 21 since wound down; 13 grantees were first funded in FY2024 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 97% of grant dollars renewed an existing relationship; $14k went to new ones.
Where new relationships form · theme of each grantee’s first grant
First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.
Backed again, and grew
- MCMETROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS6× · 2019–2024 · $61k · revenue +130%
- AHALLINA HEALTH FOUNDATION3× · 2022–2024 · $52k · revenue +26%
- CECATHOLIC ELDERCARE6× · 2019–2024 · $24k · revenue +30%
Funded once
- CHCOLUMBIA HEIGHTS SCHOLARSHIP MEMORIAM LARRY PIETRZAKone grant, 2023 · $1k
- IGIndividual grant recipientone grant, 2022 · $1k
- CICommunity Involvement Programone grant, 2019 · $1k
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.
The Minnesota Council of Nonprofits informs, promotes, connects and strengthens individual nonprofits and the nonprofit sector.
MCF is a vibrant philanthropic community connecting, strengthening and mobilizing the power of philanthropy to advance prosperity and equity.
Mn community measurement empowers stakeholders with meaningful information to drive improvement.
The minnesota chamber of commerce proactively leads the business community statewide to: advance pro-business, responsible minnesota public policy that creates jobs and grows the econony; provde member services to address evolving business…
The minnesota business partnership's mission is to maintain a high quality of life for all minnesotans by ensuring that the state's economy remains strong, globally competitive and its prospects for growth bright by working with elected…
Our mission is "empowering individuals and communities by helping people, buy, fix and keep their homes". to further this work, we provide homeownership education and advising as well as residential community lending programs to families…
Youthprise is a nonprofit intermediary that invests in the future of Minnesota by investing in youth. Youthprise's mission is to increase equity with and for Minnesota's indigenous, low-income, and racially diverse youth.
Minnesota Voice is a collaboration of organizations working toward permanent change in social, racial, and economic justice by increasing civic engagement and voter participation across the state.
To be the leading voice of medicine to make minnesota the healthiest state and the best place to practice.
The Minnesota Children's Alliance leads the development and growth of locally based children's advocacy centers and multidisciplinary teams to ensure equitable access to services for healing and growth.
Creating powerful advocacy to enhance economic vitality in the minneapolis-st. paul region.
MinnPost produces independent journalism to serve as a trusted guide for Minnesotans exploring the critical issues, challenges and opportunities facing our state.
For reference, the grantee most central to the portfolio’s shape is Metropolitan Consortium of Community Developers and the most unlike its peers is Merjent Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
Your grantees are a median of 29 years old; the field is 16. You back the established end — and your money leans older still.
The field is 21% startups (under 5 years old) — 2% of your grantees by number, and just 0% of your money.
The orgs you fund almost never close — 0.0% lost their exemption, against 16% of the field you don’t fund.
Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.
88 grantees tracked through their own filings, 2017–2026.
Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.
Counted here: distinct organizations you funded across 2017–2026, not grant rows in a single year — so this will not match the grant count on the cover. 88 of the 166 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.
Where your money sits — by cause, then by grantee
Each org by its size and your share of it — top-left is where you’re load-bearing
Go grantee by grantee — a decade per org, and how each moved after you funded them
A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.
- Who funds BETA GROUP ↗
- Who funds EAST SIDE NEIGHBORHOOD SERVICES INC ↗
- Who funds METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS ↗
- Who funds LEE CARLSON CENTER FOR MENTAL HEALTH & WELL-BEING ↗
- Who funds ALLINA HEALTH FOUNDATION ↗
- Who funds CATHOLIC ELDERCARE ↗
- Who funds My Very Own Bed ↗
- Who funds The Dwelling Place ↗
- Who funds GREATER METROPOLITAN HOUSING CORPORATION ↗
- Who funds RISE INCORPORATED ↗
- Who funds WOMENVENTURE ↗
- Who funds Metropolitan Economic Development Association ↗
- Who funds NEIGHBORHOOD HEALTHSOURCE ↗
- Who funds HOSPITALITY HOUSE YOUTH DEVELOPMENT ↗
- Who funds CHILDREN'S DENTAL SERVICES INC ↗
- Who funds CITY OF LAKES COMMUNITY LAND TRUST ↗
- Who funds AEON ↗
- Who funds HOUSING IN ACTION INC ↗
- Who funds AMERICAN CRAFT COUNCIL ↗
- Who funds ANOKA COUNTY COMMUNITY ACTION PROGRAM INC ↗
- Who funds ANOKA-RAMSEY COMMUNITY COLLEGE FOUNDATION ↗
- Who funds ANOKA TECHNICAL COLLEGE FOUNDATION ↗
- Who funds The Constellation Fund ↗
- Who funds WISHES & MORE ↗
- Who funds Minnesota Youth Athletic Services ↗
The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.
Open a dossier: Otto Bremer Trust · The Minneapolis Foundation · Saint Paul & Minnesota Foundation · The Richard M Schulze Family Foundation · Greater Twin Cities United Way · Target Foundation · Fr Bigelow Foundation · Connexus Energy Foundation · Xcel Energy Foundation · The McKnight Foundation · Pohlad Family Foundation · Allina Health System
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.
Government reliance of your grantees
Every dot is one organization Walter C Rasmussen - Northeast Bank Foundation funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.
Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.
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