Rasmuson Foundation has supported Alaska non-profit organizations in the
pursuit of their goals since 1955. The foundation places particular emphasis on
organizations that demonstrate strong leadership, clarity of purpose and
cautious use of resources. On Monday, the organization's president gave a
presentation at KANA, saying that because of the economic downturn and other
factors, funding was down last year and will be even lower again this year.
Kaplan is president of the Rasmuson Foundation. She said the foundation expects
to fund roughly the same number of projects it has in the past, but that total
dollar amounts will be down, from an average award of about 22-thousand dollars
to about 15-thousand per project. She also said that losing former Senator Ted
Stevens, the uncertain nature of oil prices and the volatility of the stock
market play a role.
and smaller ... impacted at the same time.")
a positive note, Kaplan said that the three largest funders of Alaska projects
have increased their funding of non-profits seven-fold over the past 10 years
and that funding this year will be roughly equivalent to what it was in 2004.
three largest ... are sustainable levels.")
The Rasmuson Foundation's
preliminary estimates indicate that about 22-million dollars in funding was
granted in 2008 and projects about 20-million dollars for 2009. Rasmuson's peak
year came in 2007 when it funded some 26-million dollars worth of projects. Kaplan
urges currently non-funded organizations with major new project proposals to
contact the foundation before filing funding requests.