Join the Campaign for Alaska’s Future
What is the Alaska Fund?
The Alaska Fund is a flexible endowment to meet the ever-changing needs of Alaska. While no one can predict what the future will hold, Alaskans can ensure that generations to come will have philanthropic resources to address emerging needs and opportunities. Now more than ever, nonprofits across the state need our support, and the Alaska Fund is an easy and efficient way to make a difference. Gifts of all levels help this philanthropic endowment grow and enable it to reach more people across the state.
The Alaska Community Foundation charges a .5% fee to administer the fund and carry out annual grantmaking. Beyond the fee, ACF does not use the Alaska Fund to cover operating expenses. People who want to leave a personal or family legacy can create a named Alaska Fund, e.g., the John and Jane Doe Alaska Fund. Grants from the named fund will be awarded in the same way as The Alaska Fund.
On an annual basis, the ACF Board determines the distribution rate from the endowment. It is generally between 4% and 5% and has been around 4.5% for the past several years.
ACF has a Programs and Grants Committee that looks into the greatest needs around the state in determining how the Alaska Fund will be used. They may consult with advisory board members at local community foundation Affiliates for input. For the last several years, grants have been made to organizations that meet basic needs such as food, shelter, clothing and services for those in need, and to teen suicide prevention efforts.
About The Alaska Community Foundation
You Choose Where to Give
The Alaska Fund: The Alaska Fund is a flexible endowment to meet the ever-changing needs of Alaska. While no one can predict what the future will hold, Alaskans can ensure that generations to come will have philanthropic resources to address emerging needs and opportunities. Now more than ever, nonprofits across the state need our support, and the Alaska Fund is an easy and efficient way to make a difference. Gifts of all levels help this philanthropic endowment grow and enable it to reach more people across the state.
Affiliate Funds :The Affiliate Program is at the heart of ACF and core to our mission. Established in 2008 through a partnership with Rasmuson Foundation, the Affiliate Program currently supports ten Affiliate communities across Alaska to build localized philanthropy.
ACF empowers local groups of dedicated volunteer Advisors to grow their community’s endowments to support statewide nonprofits and charitable projects, now and forever. Affiliate Advisory Boards recommend grants to local nonprofits, lead efforts to support organizations within their communities, and encourage their communities to invest in themselves to build stronger and more vibrant lives for their residents. As a result, ACF and its Affiliates increase individual philanthropy among Alaskans, encourage local leadership to identify community issues and invest in solutions, and grow permanent charitable assets in communities across Alaska to sustain nonprofits.
Field of Interest Funds
- Alaska Endowment for the Environment: An endowment fund that provides grants in support of education, conservation, or protection of Alaska’s environment.
- Social Justice Fund: This is a non-endowed, long-term fund that supports organizations and initiatives that promote strong civic engagement, access to quality health care, and equal rights for all Alaskans and other progressive initiatives.
- Endowment for Alaska Pets: This endowed fund will support organizations and initiatives that promote responsible pet ownership, place rescue pets in loving homes, provide financial assistance to owners who are unable to afford emergency care and/or long term medication for their pets, or help keep the feral pet population in Alaskan communities under control without the use of euthanasia. The intent of this fund is to support organizations that are fiscally sound and have proven their ability to respond to the needs of Alaskan pets.
- Alaska Disaster Recovery Fund: A field of interest fund established to support the long-term recovery of communities following natural or human-made disasters. This non-endowed fund enables ACF to respond to immediate needs around the state.
- Women’s Veteran Fund in Honor of Mary Louise Rasmuson: An endowment, established in memory of Mary Louise Rasmuson, to support programs that address the challenges faced by women veterans living in Alaska.
Parks and Trails
- Chugach Park Fund: he Chugach Park Fund is established to enable Alaskans to enjoy the beauty of Chugach State Park by enhancing trails and providing upgrades to the park for increased access and enjoyment. The Chugach Park Fund is designed to support any adopted components of the Chugach State Park Management Plan that promote protection of the natural and cultural features of the Chugach State Park, the protection and enhancement of Chugach’s historic recreation resources, and serve the multiple user groups of the park. The Fund’s priority is supporting trail projects in Chugach State Park.
- Alaska Coastal Villages Relief Fund for the Support of Children and Families: This fund is intended to assist organizations with a clear track record of using resources to alleviate human suffering in affected Alaska coastal villages. Grants from this fund may provide for food, housing and other basic needs for families affected by climate change. Grants may also be made for strategic planning in impacted communities, resiliency training, survival materials and training, suicide prevention and other emergent needs.
- Kincaid Project Group Endowment: An endowment to support the long-term maintenance of the recreational facilities at Kincaid Park in Anchorage, Alaska.
- Fund for the Homeless: Established by contributions from the Estate of Dominic Gospodor, this fund supports services for the homeless in Anchorage.
- Jane H. Behlke Fund: A named endowment to support the needs of the elderly who reside outside of the Anchorage and Mat-Su Valley areas and to provide food assistance to those in need outside of Anchorage and Mat-Su Valley area as identified by ACF.
- Safety Net Fund: A fund to meet the basic needs of Alaskans, including those most vulnerable among us. Grants are awarded to provide food, clothing, shelter and hygiene items to organizations across Alaska.