Program Related Investments

A collection of financial instruments to support a charitable project or activity.



A collaborative effort making workforce housing affordable and accessible in Alaska.

Press Releases

Foundation celebrates 60th Anniversary, awards $5.8 million

For Immediate Release
Contact: Cassandra Stalzer, 907-334-0520

Anchorage, AK – Ensuring that Alaskans have safe, affordable and appropriate housing was a significant theme during yesterday’s bi-annual Rasmuson Foundation Board of Directors meeting. In total the Board awarded $5.8 million in grants, program-related investments (PRIs) and initiative funding.

Press Releases

Foundation announces $8.7 million in grants, awards

Contact: Cassandra Stalzer, 907-334-0520

Anchorage, AK – The Rasmuson Foundation Board of Directors announced $8.7 million in grants, program-related investments (PRIs) and initiative funding, bringing the total amount of funds awarded since 1955 to more than $250 million.

Meeting Nov.

Grantseeking Tips

Timing is everything

Timing counts in most things in life and applying for grants is no exception. In this week's blog, Senior Program Associate Jeff Baird reviews the deadlines and application periods of various grant types.


Foundation awards $9.9 million

For Immediate Release
Contact: Cassandra Stalzer, 907-334-0520

Anchorage – Rasmuson Foundation’s Board of Directors announces $9.9 million in Tier 2 grants, investments and initiatives across Alaska. These awards were made Wednesday at the Foundation’s biannual meeting.

The projects receiving funding include (organized by region):

South Central

Current Events

Introducing Mission Investors Exchange

Philanthropy Northwest (PNW) announced last week the merger of PRI Makers Network and More for Mission to establish Mission Investors Exchange. In today's blog, we explore how PRI's are being used by Rasmuson Foundation in Alaska, and how these financial tools are gaining more attention elsewhere,

Current Events

Expanding nonprofit access to capital

While the “grant” is perhaps the most commonly-known form of nonprofit financing, there are many other vehicles – some more complex than others – for nonprofits to access capital and credit in order expand service and societal benefit. In this post, we describe a new partnership with one such vehicle, a community development financial institution.

Grantee Updates

PRIs leverage dollars beyond grants

The 2010 grants outlook blog garnered a lot of interest in Program-Related Investments, and we thought more explanation was in order. PRIs allow foundations like Rasmuson to put its financial assets to work in the community as low interest loans or other types of financial guarantees.

Current Events

2010 update on Foundation programs

As 2010 begins, we look back at 2009 as a year of challenge for individuals, families and communities here in Alaska, and across both the country and the globe. True, the investment markets rebounded strongly from one of the worst performances in 70 years, but the psychological impact of the downturn itself, combined with both realized and unrealized losses likely mean that 2010 is the dawn of a “new normal.”

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