For Immediate Release
Contact: Sharity Sommer, 907-297-2876
Anchorage – Rasmuson Foundation’s Board of Directors conducted its biannual meeting yesterday and approved $9.6 million in funding for nonprofit projects across Alaska. With these awards, Rasmuson Foundation surpassed $200 million in total grantmaking, which it began in 1955 with a $125 grant to Wasilla Presbyterian Church for a motion picture projector.
The most recent projects receiving funding include (by project location):
Access Alaska was awarded a $500,000 grant and a $500,000 Program Related Investment loan to purchase and renovate its operations building in Anchorage.
Alaska Community Foundation was awarded $350,000 for a fund established by the Alaska Railroad to restore historic steam engine #557. Engine #556, the sister engine of #557, sits on the Anchorage park strip as a play structure.
Alaska Pacific University was awarded $100,000 for activities to build student enrollment and increase annual giving.
Anchorage Neighborhood Health Center was awarded a grant for up to $650,000 to install updated breast imaging equipment at the new health clinic.
Anchorage Park Foundation was awarded $100,000 for installation of two art panels as a component of the renovation of the Anchorage Veterans’ Memorial.
Rural Alaska Community Action Program (RurAL CAP) was awarded $450,000 to purchase and renovate a child development facility in Anchorage for low income families.
United Way of Anchorage will receive $1,000,000 to support the “90 percent by 2020” program to increase high school graduation rates in Anchorage.
Lubavitch Jewish Center of Alaska will use $200,000 to renovate a facility to house the Gan Yeladim Early Learning Center.
Aiding Women in Abuse and Rape Emergencies was awarded $1,000,000 to construct an extended stay shelter for women and children.
Juneau Cooperative Christian Ministry (dba The Glory Hole) was awarded $120,000 to make weatherization and energy efficiency improvements to its facility which provides food and shelter to homeless individuals.
Brother Francis Shelter Kodiak will expand and renovate its homeless shelter with a $500,000 grant.
A $500,000 grant to the City of Kodiak will be used to construct a new public library.
Kodiak Area Native Association was awarded $100,000 to modernize the dental clinic in its Alutiiq Health Center with new dental chairs and equipment.
The City of Soldotna will use a $495,000 grant to purchase fixtures, furniture and equipment for the expansion of the Joyce K. Carver Memorial Public Library.
Southcentral Foundation was awarded $1,258,900 to furnish and equip a 21-chair dental clinic in the new Valley Native Primary Care Center in Wasilla.
Alaska Immigration Justice Project was awarded $500,000 to expand the programs and services offered by its Language Interpreter Center.
RurAL CAP was awarded $250,000 to make improvements to Head Start facilities in several rural communities.
In a Foundation-initiated grant, $1 million was allocated for a one-time distribution of funds through the statewide Emergency Food and Shelter Network administered through United Way of Anchorage.
Rasmuson Foundation’s Tier 2 program supports large (more than $25,000) capital projects, projects of strategic importance or innovative nature, or the expansion or start-up of programs that address issues of broad community or statewide significance. Program related investments are equity investments, linked deposits or loans that can be used by a foundation to support a charitable project or activity. The Rasmuson Board of Directors considers Tier 2 grants and PRIs twice a year at its board meetings. Letters of inquiry are required and accepted year-round.
About the Foundation
The Rasmuson Foundation was created in May 1955 by Jenny Rasmuson to honor her late husband “E.A.” Rasmuson. Through grantmaking and initiatives, the Foundation is a catalyst to promote a better life for all.