Private foundation · EIN 93-4718893 · Madelia, Minnesota · Philanthropy & grantmaking

Howard Rasmussen Charitable Trust Dated January 1 2023

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 12 grants paid, $113K total, median $5,000. 100% of grants stayed in Minnesota. Stated restrictions: Grants awarded to qualified charitable organizations are to be used solely for charitable purposes which serve and/or benefit madelia, lake crystal, and the area within a 10 mile radius.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
12
$113K
Median grant
$5,000
Stays in MN
100%
of grants
Deadline
See below
October 1 of each year.
Assets
$3.7M

How to apply

Written applications submitted annually by qualified charitable organizations which are reviewed and approved by a three-person board of trustees. Charitable organization grant applicants must state the purpose and proposed use of funds, expected benefits to the organization, and expected benefits to the community at large in the application for the requested grant amount, and be able to document how the grant funds will actually be spent. If the requesting organizations are requesting grants for special projects that will require additional funds from other parties, the requesting organizati… Contact: Richard C Kelsey, 8 West Main St, Madelia, Mn, 5076422800, RICH@KAT.CPA Deadlines: October 1 of each year. Restrictions: Grants awarded to qualified charitable organizations are to be used solely for charitable purposes which serve and/or benefit madelia, lake crystal, and the area within a 10 mile radius.

Quoted from Part XV of the foundation's 2024 Form 990-PF; the full text is in the filing. Confirm on the foundation's website before you write.

Grants paid in 2024

12 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Madelia HealthMadelia, MNUpgrade medical equipment$30K
Madelia Health FoundationMadelia, MNSupport coummunity health care$30K
Lake Crystal Area Recreation CenterLake Crystal, MNRec center expansion$25K
Madelia Community Food ShelfMadelia, MNFeed residents with food insecurity$6,000
Lake Crystal Wellcome Memorial Music DepartmentLake Crystal, MNBand equipment$6,000
Madelia Baseballsoftball AssocMadelia, MNImprovements at ballpark$5,000
Lake Crystal Baeball AssociationLake Crystal, MNField upgrades$5,000
Twin Valley Council Boy Scouts of AmericaMadelia, MNActivities, uniforms & supplies$2,500
Watonwan County 4-H FederationSt James, MNLearning & community service program$2,000
Little Lakers Child Care CenterLake Crystal, MNChildcare equipment$1,000
Lions Club of MadeliaMadelia, MNActivities for coummunity youth$750
Madelia Senior Transportation GroupMadelia, MNDriver reimbursement$100

About this foundation

Howard Rasmussen Charitable Trust Dated January 1 2023 is a private grantmaking foundation in Madelia, Minnesota, administered in care of Richard C Kelsey, tax-exempt since 2024. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Howard Rasmussen Charitable Trust Dated January 1 2023 accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Howard Rasmussen Charitable Trust Dated January 1 2023 give each year?

In tax year 2024 it paid $113K across 12 grants, a median of $5,000.

Where does Howard Rasmussen Charitable Trust Dated January 1 2023 give?

Minnesota (12 grants), per its latest filing.

More foundations near Madelia that accept applications

All in Minnesota
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
McKnight Foundationsince 1994 Minneapolis, MN $146M790 grants · 2024 $100KYes $2.7B
Otto Bremer Trustsince 1949 Saint Paul, MN $57M180 grants · 2025 $150KYes $1.7B
Bush Foundationsince 1972 St Paul, MN $54M148 grants · 2024 $150KYes $1.4B
Fred C and Katherine B Andersen Foundationsince 1961 Bayport, MN $73M290 grants · 2025 $75KYes $1.5B
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