Rasmussen Foundation
Rasmussen Foundation is a private foundation, based in AGOURA HILLS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 3 grants totaling $155K. Net investment income was $801K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+18.6% YoY
Annual Giving
$155K
+90.2% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$52K
+153.6% YoY
Under IRS private-foundation payout rules, Rasmussen Foundation reported a distributable amount of $120K for 2024 — the minimum it must pay out in qualifying distributions.
About Rasmussen Foundation
Based on IRS filings
Rasmussen Foundation is a private foundation, based in AGOURA HILLS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 3 grants totaling $155K. Net investment income was $801K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,850,621 | $2,403,421 | $2,099,380 |
| Revenue | $826,545 | $211,800 | $149,796 |
| Expenses | $197,669 | $105,185 | $246,878 |
| Qualifying Distributions | $155,000 | $81,500 | $226,500 |
| Net Investment Income | $800,523 | $201,998 | $140,805 |
| Distributable Amount | $120,164 | $105,220 | $104,377 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Als Network ($125,000), Viewpoint School ($25,000), James Storehouse ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE ALS NETWORK AGOURA HILLS, CA | CHARITABLE | $125,000 |
| VIEWPOINT SCHOOL CALABASAS, CA | CHARITABLE | $25,000 |
| JAMES STOREHOUSE NEWBURY PARK, CA | CHARITABLE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHLEEN RASMUSSEN | PRESIDENT | — | — |
| ERIC N RASMUSSEN | CFO | — | — |
| TIMOTHY G MACDONALD | VICE-PRESIDENT & SECRETARY | — | — |
Frequently Asked Questions
How large is Rasmussen Foundation?
As of 2024, Rasmussen Foundation holds $2.9M in total assets with $827K in annual revenue. It awarded 3 grants totaling $155K in 2024.
Where does Rasmussen Foundation operate?
Rasmussen Foundation has awarded grants in California, District of Columbia.
What size grants does Rasmussen Foundation award?
In 2024, Rasmussen Foundation awarded 3 grants totaling $155K — an average of about $52K per grant, based on its IRS Form 990 filings.
How much is Rasmussen Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rasmussen Foundation reported a distributable amount of $120K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rasmussen Foundation's EIN?
Rasmussen Foundation's EIN (Employer Identification Number) is 77-0166925. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rasmussen Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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