Walter C Rasmussen - Northeast Bank Foundation
Accepts applications
Walter C Rasmussen - Northeast Bank Foundation is a private foundation in Minneapolis, Minnesota. In tax year 2024 it gave $407,739 in 133 grants; the typical grant was $1,000 and the largest $56,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$407,739
- Number of grants133
- Typical grant$1,000
- Largest grant$56,000
- Assets$87,861
- New grantees12%
Giving in 2024 was up from $233,642 the year before.
12% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $233,642 | 122 | $7,153 |
| 2024 | $407,739 | 133 | $87,861 |
How to apply
| Contact | Suzanne Sjoselius 77 Broadway St NE, Minneapolis, MN 55413 |
|---|---|
| Phone or email | (612) 362-3219 |
| What to submit | A single page proposal including the following: amount of money requested how the funds will be used total project budget (if applicable) a description of how the proposal meets the walter c. Rasmussen-northeast bank foudation's funding priorities. |
| Deadlines | September 15 |
| Restrictions | State of Minnesota only |
Foundation website IRS filings on ProPublica
What Walter C Rasmussen - Northeast Bank Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Minnesota.
| State | Grants | Amount |
|---|---|---|
| Minnesota | 132 | $407,239 |
| New York | 1 | $500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| East Side Neighborhood Services | Community development | $56,000 |
| The Beta Group | General support | $45,000 |
| Saca | General support | $29,000 |
| The Camden Promise | Community development | $27,500 |
| Allina Health Foundation | Community development | $25,000 |
| Lee Carlson Center | General support | $24,000 |
| My Very Own Bed | Community development | $13,000 |
| Saca | Revitalize/stabilize | $10,500 |
| Friends of Ramsey Library (NB) | Community development | $10,000 |
| Isd #13 | Community development | $8,536 |
| The Dwelling Place | Afforable housing | $6,500 |
| Catholic Eldercare | Affordable housing | $5,000 |
| Metropolitan Economic Development Assoc | Economic development | $5,000 |
| Minnesota Medical Foundation | General support | $5,000 |
| Women Venture | Community development | $5,000 |
| Dougherty Family College | General support | $5,000 |
| Delasalle High School | General support | $4,000 |
| Hospitality House Youth Development | Community development | $4,000 |
| United Way | Community development | $4,000 |
| Greater Metropolitan Housing Corporation | Affordable housing | $3,500 |
| Neighborhood Health Source | Revitalize/stabilize | $3,000 |
| Rise | Community development | $3,000 |
| Demo | General support | $3,000 |
| Wishes & More | General support | $2,700 |
| Accap | Afforable housing | $2,500 |
| Childrens Dental Services | Community development | $2,500 |
| Immaculate Conception Catholic Church | General support | $2,250 |
| Aeon | Affordable housing | $2,000 |
| American Craft Council | General support | $2,000 |
| Anoka Hennepin Education Foundation | General support | $2,000 |
| Anoka Ramsey Community College Foundation | General support | $2,000 |
| Anoka Technical College Foundation | General support | $2,000 |
| City of Lakes Community Land Trust | Affordable housing | $2,000 |
| Fresh Energy | General support | $2,000 |
| Moundsview Education Foundation (NB) | General support | $2,000 |
| Northside Economic Opportunity Network (Neon) | Community development | $2,000 |
| Score | Revitalize/stabilize | $2,000 |
| Simpson Housing | Affordable housing | $2,000 |
| Urban Homeworks | Affordable housing | $2,000 |
| Achieve Services | Community development | $1,500 |
Officers and trustees
- Benjamin T Rasmussen
- Pamela M Harris
- Robert A Guzy
- Eva B Rasmussen
- Charles L Huntley
- Thomas M Beck
- Suzanne M Sjoselius
- Julia Rasmussen
- Scott D Hudson
- Sara D Bogenreif
- Michael F Scholl
- Janice Degaetano
- Cathy Hammett
- Dave Larson
- Daniel Thomsen
Questions people ask
Does Walter C Rasmussen - Northeast Bank Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: September 15.
How much does Walter C Rasmussen - Northeast Bank Foundation give?
$407,739 in tax year 2024, across 133 grants, with a typical grant of $1,000.
Who runs Walter C Rasmussen - Northeast Bank Foundation?
Its 2024 filing lists Benjamin T Rasmussen (Director/Vice President), Pamela M Harris (Director/Secretary), Robert A Guzy (Director/Treasurer) and Eva B Rasmussen (Board Chair/President) among 15 officers and trustees.
What does Walter C Rasmussen - Northeast Bank Foundation fund?
Based on its grants, mainly community development, education and health.