Rasmussen Family Foundation

Organization Overview

Rasmussen Family Foundation is located in Santa Clara, UT. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rasmussen Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Rasmussen Family Foundation generated $140.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $150.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Rasmussen Family Foundation has awarded 27 individual grants totaling $1,250,528. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANTIOCHIAN HOUSE OF STUDIES. EASTERN ORTHODOX SEMINARY.


NEOTROPICAL PRIMATE CONSERVATION. PRIMATE CONSERVATION IN PERU.


HOUSE OF HOPE. SUPPORTING CHRISTIAN COMMUNITIES IN ALGERIA.


ST EUPHEMIA ORTHODOX ACADEMY. EASTERN ORTHODOX SEMINARY.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Rasmussen
Director
$0
Rebecca Rasmussen
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $140,000
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $140,000

Grants Awarded

Over the last fiscal year, Rasmussen Family Foundation has awarded $150,000 in support to 5 organizations.

Grant RecipientAmount

THE HOUSE OF HOPE

PURPOSE: CHRISTIAN TRAINING AND CHURCH PLANTING IN ALGERIA

$20,000

CLASSICAL LEARNING RESOURCE CENTER

PURPOSE: SUPPORT FOR ONLINE CLASSICAL EDUCATION

$20,000

SAINT EMILIA MINISTRIES

PURPOSE: ORTHODOX CHRISTIAN HOMESCHOOLING NETWORK

$30,000

JAGUAR CONSERVATION FUND

PURPOSE: JAGUAR CONSERVATION IN BRAZIL

$20,000

BANCO DE ALIMENTOS PERU

PURPOSE: FOOD BANK IN LIMA PERU THAT WORKS WITH GROCERY STORES AND OTHER PARTNERS TO DISTRIBUTE FOOD TO THOSE IN NEED

$60,000
View Grant Profile

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