Rasmuson Foundation
Private foundation Anchorage, AK rasmuson.org Still adding venture funds
Rasmuson Foundation reports 25 venture funds, $118M in all; 2 are new since its last report.
Holdings are from its Form 990-PF return for the year ending December 31, 2024, compared with the one for December 31, 2023. That is more than a year ago: it may have added or sold funds since. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: 2 funds on this one were not on the one for December 31, 2023.
The numbers
| Vintage | Venture funds |
|---|---|
| 2013 | 1 |
| 2014 | 0 |
| 2015 | 0 |
| 2016 | 1 |
| 2017 | 0 |
| 2018 | 1 |
| 2019 | 1 |
| 2020 | 1 |
| 2021 | 3 |
| 2022 | 3 |
| 2023 | 2 |
Updates from Rasmuson Foundation
Largest venture holdings
From its Form 990-PF return for the year ending December 31, 2024; “New” is a fund that wasn’t on the return before it.
| Fund, as reported | Manager | Vintage | Year-end value |
|---|---|---|---|
| DFJ Growth Fund SPX Investors LP | DFJ Growth | 2018 | $26M |
| Darwin Venture Capital Fund of Funds II LP | Darwin Ventures, LLC | — | $21M |
| DFJ Growth 2006 Continuation LP | DFJ Growth | 2021 | $13M |
| DFJ Growth Fund IV LP | DFJ Growth | 2020 | $8.3M |
| DFJ Growth Fund III LP | DFJ Growth | — | $7.8M |
In the app: 20 more venture funds, 1 fund of funds. Open Rasmuson Foundation in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
About this data
Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of December 31, 2024; new holdings are those not on its return for the year ending December 31, 2023. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.