Rasmussen Family Foundation
- Assets
- $13.0k
- Revenue
- $180.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Clara, UT
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 46-0570726
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 12/2021, Rasmussen Family Foundation generated $180.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (29.0%) each year. All expenses for the organization totaled $225.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (25.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rasmussen Family Foundation has awarded 15 individual grants totaling $673,528. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
BANCO DE ALIMENTOS PERU. PERUVIAN FOOD BANK BASED IN LIMA PERU
MAGHREB PARTNERSHIP. SUPPORTING MISSIONARY WORK IN ALGERIA.
NEOTROPICAL PRIMATE CONSERVATION. PRIMATE CONSERVATION IN PERU.
CONSERVATION ALLIES. CONSERVATION WORK IN MADAGASCAR AND SOUTH AMERICA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Rasmussen Director | 5 | $0 | |
Rebecca Rasmussen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $180,000 |
| 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 | $180,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38,222 |
| Total operating and administrative expenses | $38,222 |
| Contributions, gifts, grants paid | $187,000 |
| Total expenses and disbursements | $225,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,991 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,991 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rasmussen Family Foundation has awarded $187,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BANCO DE ALIMENTOS PERU PURPOSE: FOOD BANK | $60,000 |
Mission, KS PURPOSE: MISSIONARY WORK IN ALGERIA | $50,000 |
NEOTROPICAL PRIMATE CONSERVATION PURPOSE: PRIMATE CONSERVATION | $37,000 |
Warrenton, VA PURPOSE: CONSERVATION | $30,000 |
EMPOWER AFRICA PURPOSE: LEOPARD PROJECT IN SOUTH AFRICA | $9,000 |
CORBETT FOUNDATION PURPOSE: PARK RANGER AWARD | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Skip Viragh Foundation Inc Reno, NV | $289,471,217 | $23,635,241 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
People-People-People Foundation Dated 4-19-2018 Scottsdale, AZ | $10,000,014 | $37,338,865 |
Bob And Renee Parsons Foundation Scottsdale, AZ | $28,086,912 | $26,506,603 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |