Rasmuson Cutbacks
By Tom Wilson Major Gifts Guru
The largest foundation in Alaska, the Rasmuson Foundation, recently announced a 14% cutback in giving in 2009 from $22 million to $19 million. According to this Associated Press story on JuneauEmpire.com Rasmuson Foundation no grants larger than $25,000 will be made this year.
Ramuson Foundation assets fell from $600 million to $380 million so the 14% cutback is modest compared to their asset reduction of nearly 37%.
Permanent Link: Fundraising in Alaska
http://majorgiftsguru.com/2009/02/fundraising-in-alaska.html
1 comments:
Rasmuson Foundation has issued two statements that might be worth reviewing. The first is Clarification of Recent News Coverage. http://www.rasmuson.org/PressRelease/index.php?switch=view_pressrelease&iReleaseID=196
The second, a blog post by Rasmuson Foundation President Diane Kaplan, gives an overview of nonprofit funding in Alaska, including changes here at the Foundation. http://www.rasmuson.org/blog/
Cassandra Stalzer, Communications Manager
Rasmuson Foundation
Post a Comment