Alaska · Nonprofit
RASMUSON FOUNDATION
RASMUSON FOUNDATION (Alaska) receives grants from 2 organizations whose IRS filings report $65,000 to it, the largest being VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION ($55,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $69M
- Funders on record
- 2
- Grants received
- $65k
- Net assets
- $819M
What Rasmuson Foundation does
Programs
The foundation's individual artist award program awards one distinguished artist, ten fellowship, and twenty-five project awards. Various teleconferences and gatherings of panelists were hosted to review and select from over four hundred applications to the program.
$84,174 spentThe foundation's sabbatical program awards five to seven sabbatical grants to support and incentivize alaska's nonprofit and tribal executives to remain in the field. Various teleconferences and gatherings of panelists were hosted to review and select applications to the program.
$35,815 spentThe foundation engaged in exploring a homelessness initiative and contractors were hired to assist with strategic, program, financial, and infrastructure developments. Various teleconferences, panels, and gatherings of grantees and business leaders were hosted to bring together experts from differing cultures, locations and organizations to support the efforts to end homelessness in alaska.
$20,030 spentWhile developing areas of strategic interest for the board, staff have followed a consistent path toward an initiative proposal. We call this work exploration. It allows staff to consider many different topics and engage broadly while determining the best path forward.
$12,330 spent
The 4 programs described on its FY2024 Form 990-PF.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $729M to $851M (+17%).
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Gretchen Guess
President/CEO
Board chair
Adam Gibbons
Chair
As listed on its FY2024 Form 990-PF.
Who funds it, year by year
2017 → 2022: the base held at 1 funder, grant income held at $10k.
From the IRS filings of RASMUSON FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
RASMUSON FOUNDATION leans on a few funders — its largest provides 85% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RASMUSON FOUNDATION.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2021 60% · 2022 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of RASMUSON FOUNDATION's grant income comes from Alaska funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
RASMUSON FOUNDATION holds deeper cash reserves than three-quarters of the 828 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024
Organizations like RASMUSON FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Alaska
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for RASMUSON FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds RASMUSON FOUNDATION?
- RASMUSON FOUNDATION (Alaska) receives grants from 2 organizations whose IRS filings report $65,000 to it, the largest being VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION ($55,000). 1 of them have funded it in more than one year.
- How many funders does RASMUSON FOUNDATION have?
- IRS filings report 2 organizations giving $65,000 in grants to RASMUSON FOUNDATION, 1 of which have funded it in more than one year.
- Who is the largest funder of RASMUSON FOUNDATION?
- VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION is the largest funder on record, with $55,000 in grants. The full list of funders is on this page.
- How can an organization like RASMUSON FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Alaska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing