Rasmussen Family Foundation Inc

Private foundation · Grantmaker Jupiter, FL EIN: 84-4159773

Rasmussen Family Foundation Inc is a private foundation, based in Jupiter, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grant totaling $100K. Net investment income was $23K.

Key facts about Rasmussen Family Foundation Inc

In short: Rasmussen Family Foundation Inc gave $100K across 1 grant in 2024 (avg $100K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
84-4159773
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$100,000
Grants made (2024)
1
Average grant
$100,000
Median grant
$100,000
Total assets
$1,156,489
Primary geography
Florida (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+14.3% YoY

Annual Giving

$100K

+100.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$100K

+100.0% YoY

Under IRS private-foundation payout rules, Rasmussen Family Foundation Inc reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.

How Rasmussen Family Foundation Inc gives

  • Giving grew 300% from 2021 to 2024. Method
  • In 2024 it paid out 186% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Rasmussen Family Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

West Palm Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2021 to 2024, annual grant giving ranged from $25K (2021) to $100K (2024). In 2024 it made 1 grant totaling $100K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

The King's Academy: $100KThe King's Academy$100K

The largest 2024 recipient was The King's Academy ($100K).

Grant Size Distribution

4 grants across all recorded years

2<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The King's Academy West Palm Beach, FLGeneral Support$100,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,156,489$1,011,576$833,905
Revenue$206,239$111,286$219,709
Expenses$109,969$62,378$45,772
Qualifying Distributions$100,000$54,500$40,000
Net Investment Income$22,762$19,325$10,675
Distributable Amount$53,704$43,473$32,395

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Rasmussen Family Foundation Inc's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jordan Leigh Thomas

    Director & V

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Margarita L. H. Rasmussen

    Director & V

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Rebecca Cinca

    Director & V

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Stephen Tyler Rasmussen

    Director & V

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Steven T. Rasmussen

    Director & P

    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 Rasmussen Family Foundation Inc

How much does Rasmussen Family Foundation Inc give each year?

Rasmussen Family Foundation Inc gave $100K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 1 grant.

How large is Rasmussen Family Foundation Inc?

Rasmussen Family Foundation Inc reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $100K in qualifying distributions that year, against a required minimum of $54K (roughly 5% of its investment assets).

Where does Rasmussen Family Foundation Inc operate?

Rasmussen Family Foundation Inc has awarded grants in Florida.

What is Rasmussen Family Foundation Inc's EIN?

Rasmussen Family Foundation Inc's EIN (Employer Identification Number) is 84-4159773. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Rasmussen Family Foundation Inc by hand.

Explore Open Grants

Browse active grant opportunities in Rasmussen Family Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Florida

Bradley T Macdonald Fam Fdn

Pennington, NJ

Assets

$3.4M

Grants

5

Total Given

$213K

The Frank Dimino Foundation Inc

West Palm Beach, FL

The Frank Dimino Foundation supports preselected charitable organizations across education, health care, arts and culture, conservation, and human services, with most 2024 grant dollars going to Florida and others to New York, California, and Connecticut. Its 2024 grants ranged from $51,000 to $2.1 million, with a median of $300,000. It does not accept unsolicited funding requests.

Health

Assets

$105.2M

Grants

11

Total Given

$6.9M

The Roemer Foundation

Riverton, NJ

The Roemer Foundation funds health—especially breast health—as well as conservation, research, education, community services, and animal welfare, with most 2025 funding going to Pennsylvania organizations. Grants ranged from $500 to $1.1 million, with a median of $10,000. It supports only preselected charities and does not accept unsolicited requests.

Assets

$42.0M

Grants

41

Total Given

$2.7M

Esther B O'Keeffe Charitable Foundation

Edgewater, FL

Assets

$33.4M

Grants

7

Total Given

$655K

Ameri-Foundation Inc

Palm Beach Gardens, FL

Philanthropy, Voluntarism & Grantmaking

Assets

$140K

Grants

4

Total Given

$89K

Marshall E Rinker Sr Foundation Inc

West Palm Beach, FL

The foundation funds education and scholarships, cancer research, housing, community programs, children and youth services, and disaster relief. In 2024, grants ranged from $1,000 to $250,000, with a median of $27,500; most funding went to Florida, with additional grants in South Carolina, New York, Washington, DC, and Ohio. It gives only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$25.9M

Grants

20

Total Given

$1.4M

Folds of Honor Foundation

Owasso, OK

Folds of Honor funds education scholarships for spouses and children of U.S. military service members and first responders killed or disabled in service, with awards available for K–12 and higher education in the United States and its territories. Awards are up to $5,000 per academic year, based on unmet need, and are paid directly to the school. It accepts scholarship applications through an online portal during its annual application window; it does not make grants to outside applicants.

Education

Assets

$122.3M

Grants

1,551

Total Given

$37.6M

Richard S Johnson Family Foundation

West Palm Beach, FL

The Richard S Johnson Family Foundation supports schools and universities, historical organizations, churches, and health- and disability-related needs. In 2025, it awarded 14 grants totaling $143,000, ranging from $2,500 to $43,000, with most funding going to Florida and the rest to Texas. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$1.4M

Grants

14

Total Given

$143K

Erneston Family Foundation Inc

North Palm Beach, FL

Assets

$10K

Grants

5

Total Given

$104K

Tulsa Community Foundation

Tulsa, OK

Tulsa Community Foundation supports a broad range of charitable needs, including arts and humanities, healthcare, education, scholarships, emergency assistance, and endowments. Its 2024 grants had a median of $18,560 and primarily benefited the Tulsa area and eastern Oklahoma, with grants also reaching elsewhere in the U.S.; it administers application cycles for selected funds.

Assets

$1.1B

Grants

1,066

Total Given

$158.6M

Boswell Foundation Inc

Lebanon, MO

Assets

$34K

Grants

2

Total Given

$69K

Publix Super Markets Charities Inc

Lakeland, FL

Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.

Assets

$233.8M

Grants

3,269

Total Given

$52.5M

More Funders in Florida

Rasmussen Family Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?