Alaska Community Foundation
3201 C Street, Anchorage, AK · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $38,911,412 | $24,302,262 | $240,374,156 |
| FY2023 | $27,187,413 | $24,507,039 | $210,427,810 |
| FY2022 | $62,719,512 | $48,051,839 | $189,428,772 |
| FY2021 | $57,285,947 | $33,049,473 | $196,801,164 |
| FY2020 | $93,626,867 | $65,118,850 | $164,744,846 |
| FY2019 | $43,201,039 | $19,680,848 | $124,843,183 |
| FY2018 | $25,976,542 | $13,833,920 | $90,358,680 |
| FY2017 | $13,062,448 | $8,971,527 | $89,430,666 |
| FY2016 | $11,340,766 | $9,913,673 | $76,906,068 |
| FY2015 | $11,101,908 | $9,778,934 | $72,595,025 |
| FY2014 | $19,238,578 | $7,022,126 | $79,551,859 |
| FY2013 | $15,165,682 | $6,957,115 | $67,548,818 |
| FY2012 | $8,991,682 | $7,809,596 | $59,617,940 |
| FY2011 | $17,268,973 | $8,223,586 | $55,014,338 |
Form 990 filings
The returns filed by Alaska Community Foundation (EIN 92-0155067), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $24,888,983 | 64% |
| Program service revenue | $5,636,040 | 14% |
| Other revenue | $8,386,389 | 22% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $21,640,086 | 89% |
| Management & general | $1,941,697 | 8% |
| Fundraising | $720,479 | 3% |
What the numbers show
- Contributions & grants made up 64% of total revenue in FY2024.
- Program services accounted for 89% of functional expenses, management & general 8%, and fundraising 3%.
- 89% of functional expenses went to program services in FY2024. That is higher than 47.7% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in AK for a state comparison).
- Net assets covered about 118.7 months of expenses at the end of the reporting year. That puts it in the 64th percentile among 72 Philanthropy, Voluntarism & Grantmaking Foundations organizations in AK.
- Total revenue was the highest among 74 Philanthropy, Voluntarism & Grantmaking Foundations organizations in AK.
- Total revenue rose from $17,268,973 in FY2011 to $38,911,412 in FY2024. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2011 to FY2024.
- The highest revenue on record here is $93,626,867 in FY2020.
- Net assets grew from $55,014,338 to $240,374,156 between FY2011 and FY2024.
- Contributions and grants made up 88% of revenue in FY2011 and 64% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
INSPIRING THE SPIRIT OF GIVING AND CONNECTING PEOPLE, ORGANIZATIONS, AND CAUSES TO STRENGTHEN ALASKA'S COMMUNITIES NOW AND FOREVER.
IRS status
| Ruling year | 1996 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T31 — Philanthropy, Voluntarism & Grantmaking Foundations |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Rasmuson Foundation — Anchorage, AK · $48,146,136
- Benito and Frances C Gaguine Foundation — Juneau, AK · $514,121
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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