Institute of the North Trust
Institute of the North Trust is a private foundation, based in Anchorage, AK. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 1 grant totaling $165K. Net investment income was $345K.
Institute of the North Trust at a glance
In short: Institute of the North Trust gave $165K across 1 grant in 2024 (avg $165K), mostly in Alaska. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $164,878
- +4.1% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $164,878
- +4.1% vs 2023
- Median grant
- $164,878
- Total assets
- $2,304,749
- +0.5% vs 2023
- Primary geography
- Alaska (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Institute of the North Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Institute of the North ($165K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $100–250K range: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Institute of the North Trust gives
- In 2024 it paid out 163% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $158K (2023) to $169K (2022). In 2024 it made 1 grant totaling $165K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Institute of the North Anchorage, AK | Operating Expenses | $164,878 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,304,749 | $205,045 | $193,755 | $164,878 | 1 | $177,533 | $344,884 | $109,225 |
| 2023 | $2,293,459 | $1,799,573 | $188,017 | $158,419 | 1 | $171,220 | $96,984 | $106,620 |
| 2022 | $569,223 | $-2,950 | $181,840 | $169,352 | 1 | $177,123 | $13,930 | $13,803 |
Under IRS private-foundation payout rules, Institute of the North Trust reported a distributable amount of $109K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Institute of the North Trust's only listed officer is First National Bank Alaska, Trustee on every filing since 2022 (compensated).
Officers on the 2024 filing
First National Bank Alaska
Trustee
On filings since 2022
0.2 hrs/week
$3K (2022) → $23K (2024)
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $23K, to First National Bank Alaska (Trustee).
Frequently asked questions about Institute of the North Trust
How much does Institute of the North Trust give each year?
Institute of the North Trust gave $165K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $158K across 1 grant.
How large is Institute of the North Trust?
Institute of the North Trust reported $2.3M in total assets on its 2024 IRS Form 990-PF. It paid out $178K in qualifying distributions that year, against a required minimum of $109K (roughly 5% of its investment assets).
Where does Institute of the North Trust operate?
Institute of the North Trust has awarded grants in Alaska.
What is Institute of the North Trust's EIN?
Institute of the North Trust's EIN (Employer Identification Number) is 36-7737377. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 11, 2025)
- IRS filings on file for fiscal years 2022–2024
Explore Open Grants
Browse active grant opportunities in Institute of the North Trust's focus areas in our free grants database
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