Alaska Airlines Foundation
The Alaska Airlines Foundation is a corporate foundation established in 1998 and based in Anchorage, Alaska. As a 501(c)(3) organization, it operates as the philanthropic arm of Alaska Airlines and Hawaiian Airlines, two of the longest-serving airlines in the country. The foundation is dedicated to investing in organizations and communities across Alaska and Hawai'i, honoring the distinct identities and legacies of both brands and their shared history of service to these regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.2M
+7.0% YoY
Annual Giving
$573K
-1.3% YoY
Grant Count
66
+0.0% YoY
Avg Grant Size
$9K
-1.3% YoY
Mission & Focus Areas
The foundation supports organizations involved with education and aviation. Its giving is grounded in strengthening communities across Alaska and Hawai'i through programs that reflect and uplift the cultural identities of these states and preserve the way of life of their people.
The foundation prioritizes grants supporting:
- Cultural programs that strengthen community identity
- Preservation of natural environments
- Preservation of art and language, with a preference for Alaska Native and Native Hawaiian organizations (though not to the exclusion of others)
The foundation also has a significant focus on youth development and STEM education, particularly through robotics programs that aim to reach diverse young people from cultures and communities who lack access to engaging STEM opportunities.
Grantmaking
The foundation has also awarded LIFT Grants to nonprofits, including a $295,000 grant round to nonprofits across five states.
Grant Range
s:** Typical awards range from $5,000 to $100,000.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in Alaska and Hawai'i as the primary service regions. However, grants have also been made in Washington, California, and other states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $10,478,825
- Total Revenue: $1,143,960
- Total Expenses: $585,220
- Total Liabilities: $0
Tax-Exempt Status: The foundation has been tax-exempt since September 1999 (EIN: 92-0166198).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,212,161 | $10,478,825 | $9,920,085 |
| Revenue | $1,312,867 | $1,143,960 | $1,040,828 |
| Expenses | $579,531 | $585,220 | $587,439 |
| Qualifying Distributions | $572,500 | $580,000 | $562,500 |
| Net Investment Income | $496,848 | $363,767 | $335,622 |
| Distributable Amount | $585,703 | $491,815 | $467,543 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
2 open opportunities from Alaska Airlines Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Diana Birkett Rakow | Officer and Director | — | — |
| Timothy Thompson | Executive Director | — | — |
| Marilyn F Romano | Chairman and President | — | — |
| Megan Oullette | Officer and Director | — | — |
| Alessandra Frichtl | Secretary | — | — |
| Beth Fleury | Treasurer | — | — |
| Daniel Chun | Vice President and Director | — | — |
Contact Information
- Address: 3600 Old International Airport Road, Anchorage, AK 99502-1005
- Telephone: 206-392-5719
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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