Private Foundation

WALTER C RASMUSSEN - NORTHEAST BANK FOUNDATION

WALTER C RASMUSSEN - NORTHEAST BANK FOUNDATION is a Private Foundation headquartered in MINNEAPOLIS, MN. Financial data from the 2024 filing: $492K revenue, $411K expenses, $88K total assets. IRS filings disclose 672 grants awarded by this foundation, totaling roughly $1.4M.

EIN: 416373302 MINNEAPOLIS, MN Latest filing: 2024
Total Revenue$492K
Total Expenses$411K
Total Assets$88K
Grants Given672
Grant Total$1.4M
Filing Years2020–2024

Sample Grants Given

EAST SIDE NEIGHBORHOOD SERVICES
MINNEAPOLIS, MN · 2024
COMMUNITY DEVELOPMENT
$56,000
THE BETA GROUP
MINNEAPOLIS, MN · 2024
GENERAL SUPPORT
$45,000
SACA
COLUMBIA HEIGHTS, MN · 2024
GENERAL SUPPORT
$29,000
THE CAMDEN PROMISE
MINNEAPOLIS, MN · 2024
COMMUNITY DEVELOPMENT
$27,500
ALLINA HEALTH FOUNDATION
MINNEAPOLIS, MN · 2024
COMMUNITY DEVELOPMENT
$25,000

Showing up to 5 of 672 total records — full history available with membership.

Officers & Directors

DIRECTOR/VICE PRESIDENT Benjamin T Rasmussen
DIRECTOR Cathy Hammett
DIRECTOR Charles L Huntley
DIRECTOR Daniel Thomsen
DIRECTOR Dave Larson
BOARD CHAIR/PRESIDENT Eva B Rasmussen

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY DEVELOPMENT
$544,200 231 grants
GENERAL SUPPORT
$533,203 262 grants
AFFORDABLE HOUSING
$110,750 60 grants
REVITALIZE/STABILIZE
$98,000 40 grants
ECONOMIC DEVELOPMENT
$78,500 12 grants

Financial Trends

Year Revenue Expenses Assets
2024 $492K $411K $88K
2023 $248K $243K $7K
2022 $221K $249K $2K
2021 $229K $231K $30K
2020 $236K $215K $32K

Between 2020 and 2024, reported annual revenue grew from $236K to $492K (+108%), with total assets most recently reported at $88K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MN, NY.

MNNY

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for WALTER C RASMUSSEN - NORTHEAST BANK FOUNDATION

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