Jensen Rasmussen Foundation
- Assets
- $530.7k
- Revenue
- $21.4k
- Investments
- $493.3k
- Employees
- 0
- Location
- Cameron Park, CA
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4751667
Organization Overview
Jensen Rasmussen Foundation is located in Cameron Park, CA. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Jensen Rasmussen 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 12/2022, Jensen Rasmussen Foundation generated $21.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $47.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jensen Rasmussen Foundation has awarded 42 individual grants totaling $129,400. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Rasmussen Treasurer | 2 | $0 | |
Sharon Rasmussen Secretary | 1 | $0 | |
Gayle Rasmussen Director | 1 | $0 | |
Eric Defriez President | 1 | $0 | |
Megan Panek Director | 1 | $0 | |
Barbara Nazarewicz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,000 |
| Interest on Savings | $500 |
| Dividends & Interest | $12,857 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,990 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,367 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,031 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,140 |
| Total operating and administrative expenses | $7,951 |
| Contributions, gifts, grants paid | $39,400 |
| Total expenses and disbursements | $47,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,430 |
| 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 | $530,719 |
| 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, Jensen Rasmussen Foundation has awarded $39,400 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
LODI-TOKAY ROTARY CLUB PURPOSE: SUPPORT FUND-RAISING ACTIVITY | $1,000 |
BIG SISTERS BIG BROTHERS OF THE CAP PURPOSE: SUPPORT FUND-RAISING ACTIVITY | $4,000 |
ALAMEDA CITY FOOD BANK PURPOSE: SUPPORT FUND RAISING ACTIVITY | $4,600 |
CAPITAL ROOTS PURPOSE: SUPPORT FUND RAISING ACTIVITY | $4,000 |
FOOD BANK OF EL DORADO COUNTY PURPOSE: SUPPORT FUND RAISING ACTIVITY | $4,600 |
UTAH FOOD BANK PURPOSE: SUPPORT FUND RAISING ACTIVITY | $4,600 |