Rasmuson Foundation is accepting applications for Tier 1 and Community Support grants, now with increased award sizes. These awards form a central part of Rasmuson Foundation’s grantmaking activities, supporting nonprofit organizations in Alaska with key resources and infusions of capital.
Updates to Tier 1 and Community Support grants are several months in the making. The Foundation’s recent pause in grantmaking activities allowed it to assess and improve its internal processes.
“Rasmuson Foundation has been serving Alaskans for nearly 70 years, and during our pause, we took the time to focus and refine our processes to ensure our grants are better tailored to meet the needs of our partners,” said Gretchen Guess, president and CEO of Rasmuson Foundation. “The updates to these grants will allow our partners to maximize their impact in their communities for generations to come.”
Tier 1 grants
Tier 1 is a core program of the Foundation, known for fast capital and one-time funding. In addition to a 40% increase in the maximum award size, the program now allows organizations to apply up to 15% of an award toward administrative costs. Tier 1 grants will provide up to $35,000 per project and the application period opens Aug. 15. This is a rolling grant program, and applications are accepted throughout the year.
Community Support grants
Community Support grants fund capital projects and programmatic projects with broad community impact. The grants are intended for requests between $35,000 and $250,000. Capital requests will be approved quarterly, while non-capital/programmatic requests will be reviewed twice a year. Grants of this size do not require an invitation to apply, and organizations can access the application starting Aug. 15.
The Foundation anticipates awarding 150-175 Tier 1 grants and 10-20 Community Support grants annually.
Program details, application tips, and frequently asked questions are also available at rasmuson.org.
