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Foundation announces $2.56M in awards during second and third quarters 2010

Anchorage - Rasmuson Foundation announces that 68 grant awards totaling $2,555,451 were made in the second and third quarters of 2010. A full list of awards is attached. Past awards are also searchable online.

Most of the awards are from the Foundation's Tier 1 program, which supports capital needs with grants up to $25,000. Several of the period's Tier 1 grants support restoration of historic properties or renovation of facilities that house nonprofit organizations. The group Russian Orthodox Sacred Sites in Alaska will restore the historic Russian Orthodox Church in Kenai; Kachemak Heritage Land Trust will preserve and relocate the Victor Holm cabin; and the Native Village of Eyak will restore the Mummy Island cabin.

Rural Alaska Community Action Program will remodel the Head Start kitchen in Stebbins; the University of Alaska will purchase and renovate a property in downtown Dillingham to expand the Bristol Bay Campus; and Covenant House Alaska will renovate transitional housing for young adults in Anchorage.

Several awards were provided to support public broadcasters. Terminal Radio KCHU (Valdez), Rainbird Community Broadcasting KRBD (Ketchikan), Raven Radio Foundation KCAW (Sitka), and Silakkuagvik Communications KBRW (Barrow) were all awarded small grants to upgrade equipment.

Awards to upgrade office and communication technology were provided to Homer Council on the Arts (Homer), Friends of Eagle River Nature Center (Eagle River), Sheldon Museum and Cultural Center (Haines), Fairbanks Summer Arts Festival (Fairbanks) and Copper Valley Development Corporation (Glenallen).

Tier 1 proposals area accepted year-round, and funding decisions normally occur within 90 days.

The Foundation also awarded seven Small Tier 2 grants, which are awards under $25,000 for strategic projects and the expansion or start-up of innovative programs by established organizations. These included support for Yukon River Drainage Fisheries Association's work to create an atlas of traditional knowledge; American Heart Association's statewide program training citizens in CPR; and the Association for the Education of Young Children's state-wide distance training program for early education providers. Small Tier 2 applications are accepted year-round.

One Program-Related Investment was awarded during the period: NCB Capital Impact will receive $750,000 for a credit enhancement vehicle for nonprofit facilities within Alaska. PRIs are considered by invitation only.

The Foundation also made several awards from the Arts and Culture Initiative to provide high quality arts experiences for rural and underserved communities and enhance the capacity of arts organizations.

These grants bring the total amount awarded in the first nine months of 2010 to $6.2 million. All award announcements can be found in the online Press Center. Information about all Rasmuson Foundation grant programs is available here.


About the Rasmuson Foundation
The Rasmuson Foundation was created in May 1955 by Jenny Rasmuson to honor her late husband E.A. Rasmuson. The Foundation is a catalyst to promote a better life for all Alaskans.

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