The Olga D Rasmussen Award

ITHACA, NY EIN: 16-6332307

The Olga D Rasmussen Award is a private foundation, based in ITHACA, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $219K in total assets. In 2025, it awarded 17 grants totaling $64K. Net investment income was $70K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$219K

-0.0% YoY

Annual Giving

$64K

-13.5% YoY

Grant Count

17

+21.4% YoY

Avg Grant Size

$4K

-28.8% YoY

About The Olga D Rasmussen Award

Based on IRS filings

The Olga D Rasmussen Award is a private foundation, based in ITHACA, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $219K in total assets. In 2025, it awarded 17 grants totaling $64K. Net investment income was $70K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

At AugustineAzusaBostonCortlandFredoniaHackettstownIthacaLynchburgMelbourneNew PaltzOneontaPaul SmithsPoughkeepsieRochesterStony BrookSyracuseTroyUniversity ParkUticaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$27K$54K$81K$108K202020212022202320242025
Metric202520242023
Total Assets$218,649$218,667$300,403
Revenue$73,033$14,285$-5,860
Expenses$71,374$98,006$55,280
Qualifying Distributions$68,252$84,855$50,802
Net Investment Income$69,964$217$3,832
Distributable Amount$10,330$13,158$15,936

Giving Over Time

Total grant dollars and number of grants per year

$0$19K$37K$56K$74K5 grants20203 grants20211 grants20228 grants202314 grants202417 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

PENN STATE UNIVERSITY$14KST JOHN FISHER COLLEGE$6KLIBERTY UNIVERSITY$5KHARTWICK COLLEGE$5KCENTENARY UNIVERSITY$5KFLORIDA INSTITUTE OF TEC…$4KST JOSEPH'S COLLEGE OF N…$4KITHACA COLLEGE$4KPAUL SMITH COLLEGE$4KNORTHEASTERN UNIVERSITY$3K

Grant Size Distribution

43 grants across all recorded years

43<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

BANK OF AMERICATRUSTEE$2KTOMPKINS COMMUNITY B…TRUSTEE$382

From 2025 filing

NameTitleHoursCompensation
BANK OF AMERICATRUSTEE1$1,907
TOMPKINS COMMUNITY BANKTRUSTEE1$382

Related Funders

Similar funders by location and focus area

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

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