Northeast Bank Foundation & Grant Requests

The Walter C. Rasmussen-Northeast Bank Foundation honors the legacy of its founder by supporting initiatives in education, housing, culture, environment, and health. With a focus on community-building, the foundation aims to empower the economically disadvantaged, particularly children and families, through self-sufficiency programs. It prioritizes effective strategies that address local needs in Hennepin, Ramsey, and Anoka counties, ensuring a lasting impact on the community's well-being and development.

WALTER C. RASMUSSEN, the late Chairman of Northeast Bank, believed that working together, we can make a difference. He believed that getting out in the community was the key. Walter tried to do this every day — listening, understanding, evaluating, and acting as a catalyst to many different situations. A natural leader, Walter combined hard work and discipline with his never-ending faith and admiration for people.
The Walter C. Rasmussen-Northeast Bank Foundation was formed by Belva Rasmussen to carry on the community-building work that Walter Rasmussen believed in so strongly.
The Walter C. Rasmussen-Northeast Bank Foundation is committed to making a difference by supporting education, housing, culture, environmental, and health initiatives that strengthen and assist our community.
The Rasmussen Family-Northeast Bank Foundation will consider requests that:
Benefit the areas of education, housing, culture, environmental, or health concerns.Serve housing needs, particularly those relating to children and families, that encourage self-sufficiency and provide opportunities for the economically disadvantaged to become contributing members of society.Encourage youth development through the strengthening of education.Promote cost-effective programs that enhance excellence in health care, particularly in cardiac research, treatment, and preventative care.

Eligibility

The Walter C. Rasmussen-Northeast Bank Foundation will consider requests that focus on strategies that respond effectively to community needs, with an emphasis on those within Hennepin, Ramsey, and Anoka counties.