Neil & Anna Rasmussen Foundation
The Neil & Anna Rasmussen Foundation is a private foundation based in Concord, Massachusetts. Its 2024 filing reports 48 grants totaling $6,249,353, with recipients including Massachusetts institutions in conservation, education, healthcare, and cultural preservation.
Neil & Anna Rasmussen Foundation at a glance
In short: Neil & Anna Rasmussen Foundation gave $6.2M across 48 grants in 2024 (avg $130K), mostly in Massachusetts. 17% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $6,249,353
- +4.7% vs 2023
- Grants made (2024)
- 48
- -11.1% vs 2023
- Average grant
- $130,195
- +17.8% vs 2023
- Median grant
- $14,515
- Total assets
- $51,554,636
- -3.9% vs 2023
- New grantees (estimate)
- 17% first-time grantees (8 of 48, 2024)
- Primary geography
- Massachusetts (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Neil & Anna Rasmussen Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 393 Estabrook Road, Concord, MA 01742-5614
Phone: (978) 287-0422
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Neil & Anna Rasmussen Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was MIT ($3.0M). Together the top 10 received $5.6M.
Grant Size Distribution
229 grants across all recorded years
The most common grant size was under $50K: 186 grants of 229 (81%).
Geographic Focus
Where this funder awards grants
In 2024, Massachusetts organizations received 98% of the foundation’s grant dollars. New York and Washington, D.C., each received 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 48 itemized grants.
States
Cities
Is Neil & Anna Rasmussen Foundation open to new grantees?
17%
first-time grantees, 2024
In 2024, 8 of 48 grantees (17%) were first-time recipients. First grants averaged $180K; repeat grants $120K. How we count
Medians: $15K first-time, $15K repeat.
- 79% of 2024 grantees were also funded in 2023. Method
- Giving grew 907% from 2021 to 2024. Method
- In 2024 it paid out 215% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $621K (2021) to $6.2M (2024). In 2024 it made 48 grants totaling $6.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MIT Cambridge, MA | Unrestricted Contribution | $3,012,500 |
| Mass Eye and Ear Boston, MA | Unrestricted Contribution | $1,260,000 |
| Harwich Conservation Trust Harwich, MA | Unrestricted Contribution | $210,000 |
| WGBH Boston, MA | Unrestricted Contribution | $205,000 |
| Massachusetts General Hospital Boston, MA | Unrestricted Contribution | $200,000 |
| Boston Children's Hospital Boston, MA | Unrestricted Contribution | $200,000 |
| Save Our Heritage Inc Concord, MA | Unrestricted Contribution | $130,000 |
| Mass Audubon Lincoln, MA | Unrestricted Contribution | $130,000 |
| Concord Academy Concord, MA | Unrestricted Contribution | $130,000 |
| Walden Woods Project Lincoln, MA | Unrestricted Contribution | $116,145 |
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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 | $51,554,636 | $4,514,557 | $6,579,234 | $6,249,353 | 48 | $6,254,674 | $4,071,621 | $2,906,563 |
| 2023 | $53,619,313 | $3,518,232 | $6,309,920 | $5,967,499 | 54 | $5,975,353 | $3,060,285 | $2,989,168 |
| 2022 | $56,411,001 | $321,775 | $1,692,750 | $813,060 | 44 | $821,866 | $627,444 | $3,205,235 |
| 2021 | $57,781,976 | $11,479,024 | $973,960 | $620,500 | 41 | $628,263 | $9,409,561 | $2,907,842 |
| 2020 | $47,276,912 | $2,353,828 | $1,356,486 | $857,546 | 42 | — | $1,993,088 | $2,637,320 |
Under IRS private-foundation payout rules, Neil & Anna Rasmussen Foundation reported a distributable amount of $2.9M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2024 grants include support for organizations whose own missions describe preserving open space, maintaining historic sites and collections, providing education, and delivering healthcare. For example, Harwich Conservation Trust describes its mission as preserving and conserving open space in Harwich, while Louisa May Alcott’s Orchard House says it preserves and restores the Alcott family home and presents educational programs to the community.
Grantmaking
In 2024, the foundation made 48 grants totaling $6,249,353. Grants ranged from $1,000 to $3,012,500, with a median grant of $14,514. The largest grants included $3,012,500 to MIT and $1,260,000 to Mass Eye and Ear, both listed as unrestricted contributions. Other large grants included $210,000 to Harwich Conservation Trust, $205,000 to WGBH, and $200,000 each to Massachusetts General Hospital and Boston Children’s Hospital.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Neil and Anna Rasmussen and Susan W. Winter as trustees.
Neil & Anna Rasmussen Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Susan W. Winter
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Neil And Anna Rasmussen
Trustees
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Neil & Anna Rasmussen Foundation
How much does Neil & Anna Rasmussen Foundation give each year?
Neil & Anna Rasmussen Foundation gave $6.2M across 48 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6.0M across 54 grants.
What is Neil & Anna Rasmussen Foundation's typical grant size?
Neil & Anna Rasmussen Foundation's median grant in 2024 was $14,515, and its average grant was $130,195, across 48 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Neil & Anna Rasmussen Foundation that year got $180K on average.
Where does Neil & Anna Rasmussen Foundation give grants?
Neil & Anna Rasmussen Foundation gives mostly in Massachusetts: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Concord, MA (15 grants), Boston, MA (13 grants), New York, NY (4 grants) and Lincoln, MA (3 grants).
Does Neil & Anna Rasmussen Foundation give general operating support?
Yes: 100% of Neil & Anna Rasmussen Foundation's 2024 grants with a stated purpose (48 of 48) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Neil & Anna Rasmussen Foundation's largest grantees?
Neil & Anna Rasmussen Foundation's largest 2024 grantees include MIT ($3,012,500), Mass Eye and Ear ($1,260,000) and Harwich Conservation Trust ($210,000), according to its 2024 IRS Form 990-PF. Together they received 72% of its itemized 2024 grant dollars.
How large is Neil & Anna Rasmussen Foundation?
Neil & Anna Rasmussen Foundation reported $51.6M in total assets on its 2024 IRS Form 990-PF. It paid out $6.3M in qualifying distributions that year, against a required minimum of $2.9M (roughly 5% of its investment assets).
What does Neil & Anna Rasmussen Foundation fund?
No foundation mission statement is provided. Its 2024 grants include support for organizations whose own missions describe preserving open space, maintaining historic sites and collections, providing education, and delivering healthcare. See mission & focus areas ↑
How do I apply for a grant from Neil & Anna Rasmussen Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Neil & Anna Rasmussen Foundation's EIN?
Neil & Anna Rasmussen Foundation's EIN (Employer Identification Number) is 04-6771880. IRS Form 990 filing data is available on this page for 2020–2024.
Does Neil & Anna Rasmussen Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Neil & Anna Rasmussen Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/neil-and-anna-rasmussen-foundation-morg_cbae21766c60482a86ebedbdf2e273e1
BibTeX
@misc{grantable_046771880_2026,
author = {{Grantable}},
title = {{Neil \& Anna Rasmussen Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/neil-and-anna-rasmussen-foundation-morg_cbae21766c60482a86ebedbdf2e273e1},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Neil & Anna Rasmussen Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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