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Rasmuson Family Donates $1.5 Million to Anchorage Performing Arts Organizations

Feb 14, 2019 | Featured, Media & Arts, News, Nonprofits

Endowment empowers local arts organizations to have meaningful impact

ANCHORAGE—Longtime arts supporters Ed and Cathy Rasmuson have established three long-term charitable endowments to support the performing arts in Anchorage. A $1.5 million donation was made to the Alaska Community Foundation, creating funds that will provide lasting support for the Anchorage Concert Association, Anchorage Symphony Orchestra, and Anchorage Opera. A portion of the endowments will be distributed to the organizations each year for operating expenses. This will ensure a legacy of performing arts for generations.

“Performing arts have the ability to inspire and entertain; to make you laugh, cry, and think; and to influence each person a performance touches,” said Jason Hodges, Executive Director of Anchorage Concert Association. “With support like this gift from Ed and Cathy, we are able to present artists that wouldn’t travel to Alaska otherwise and bring powerful arts experiences to all pockets of the community.”

“Soon the Anchorage Symphony Orchestra will celebrate our 75th anniversary,” said Sherri Burkhart Reddick, executive director of Anchorage Symphony Orchestra. “This endowment helps us uphold our tradition of musical excellence and artistry, sustain and expand our education programs, and create new pathways of access that welcome community members to engage with their orchestra.”

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“Opera incorporates virtually every art form to express the human condition and speak to issues both timeless and timely. Anchorage Opera embraces the opportunity to use it as a means of fostering communication, empathy and greater understanding within our community,” said Reed Smith, General Director of Anchorage Opera. “This gift helps us continue to ‘Enrich, Inspire, Educate, Collaborate; Build Community (one note at a time)’.”

“These three art organizations provide tremendous diversity and vitality to the cultural landscape of Alaska,” said Nina Kemppel, President and CEO of The Alaska Community Foundation. “This generous donation will only make our community stronger and more connected.”

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“Our family has been deeply involved in the arts since my grandmother arrived in Alaska in 1901. As business owners in Alaska, we continued our support of the arts, understanding their importance to our employees and customers,” said Ed Rasmuson. “Today, Cathy and I want to encourage other Alaskans who understand the value of the arts in creating a strong community to join us in providing for the long-term benefit of our local performing arts.”

Anyone can contribute to the organizations’ separate endowments at the Alaska Community Foundation. People may also support performing arts in Anchorage by donating directly to the organizations of their choice.

“For every performance you enjoy inside the performing arts center, an equally powerful one is happening outside the theatre,” added Hodges. “I’m grateful to Ed and Cathy for helping make these opportunities possible.”

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Welcome to the fourth annual Best of Alaska Business Awards! As part of our continuing mission to support Alaska’s business communities, each year we look to you, our readers, to tell us which businesses excel in a range of diverse categories.

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