Rast Foundation is a private corporation based in BETHESDA, MD. The foundation received its IRS ruling in 2017. The principal officer is % Robert L Trone. It holds total assets of $94.8M. Annual income is reported at $96.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rast Foundation has made 51 grants totaling $10.7M, with a median grant of $8K. Annual giving has grown from $1.2M in 2020 to $6.6M in 2022. Individual grants have ranged from $500 to $3M, with an average award of $209K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in District of Columbia, Maryland, New York, which account for 73% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Rast Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in DC, MD, NY.
Rast Foundation has distributed a total of $10.7M across 51 grants. The median grant size is $8K, with an average of $209K. Individual grants have ranged from $500 to $3M.
Rast Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rast Foundation is headquartered in BETHESDA, MD. While based in MD, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert L Trone | DIRECTOR, PRESIDENT | $0 | $0 | $0 |
| Anna Marie Parisi-Trone | DIRECTOR, VICE PRESIDENT | $0 | $0 | $0 |
Total Giving
$5.7M
Total Assets
$77.5M
Fair Market Value
N/A
Net Worth
$77.5M
Grants Paid
N/A
Contributions
$5.5M
Net Investment Income
$0
Distribution Amount
$3.7M
Total Grants
51
Total Giving
$10.7M
Average Grant
$209K
Median Grant
$8K
Unique Recipients
23
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Catholic Charities Of The Archdiocese Of Washington IncSUPPORT CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON, D.C. | Washington, DC | $3M | 2022 |
| Don Bosco Crisco Rey Archdiocese Of Wa IncSUPPORT EDUCATION FUNCTIONS THROUGH THE CAMPAIGN | Washington, DC | $205K | 2022 |
| Leukemia & Lymphoma SocietyGENERAL CONTRIBUTION | Rye Brook, NY | $15K | 2022 |
| The Washington BalletGENERAL CONTRIBUTION | Washington, DC | $13K | 2022 |
| Lc Pastoral Services IncGENERAL CONTRIBUTION | Roswell, GA |
| $10K |
| 2022 |
| The Stone Ridge FundGENERAL CONTRIBUTION | Bethesda, MD | $10K | 2022 |
| Innocents At Risk IncGENERAL CONTRIBUTION | Washington, DC | $10K | 2022 |
| Brigham And Women'S Hospital IncSUPPORT HOSPITAL'S RESEARCH EFFORT AND THEIR MISSION TO HEAL THE COMMUNITY | Boston, MA | $9K | 2022 |
| Washington Jesuit AcademyGENERAL CONTRIBUTION | Washington, DC | $8K | 2022 |
| Country Day School Of The Sacred Heart Inc The Stone Ridge SchoolGENERAL CONTRIBUTION | Bethesda, MD | $5K | 2022 |
| The Shelter For Abused Women & ChildrenGENERAL CONTRIBUTION | Naples, FL | $5K | 2022 |
| Imagination Stage Of Washington Dc IncGENERAL CONTRIBUTION | Washington, DC | $4K | 2022 |
| Virginia Express Hockey Club Potomac PatriotsGENERAL CONTRIBUTION | Woodbridge, VA | $3K | 2022 |
| National Museum Of Women In The ArtsGENERAL CONTRIBUTION | Washington, DC | $3K | 2022 |
| Prevention Of Blindness Society Of Metropolitan WashingtonGENERAL CONTRIBUTION | Washington, DC | $500 | 2022 |
| Catholic Charities Archdiocese Of Washington IncSUPPORT CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON, D.C. | Washington, DC | $1000K | 2021 |
| National Park TrustPRESERVE WILD LIFE HABITATS AND SUPPORT LOCAL ECOLOGIES | Rockville, MD | $9K | 2021 |
| Case Western Reserve UnivSUPPORT EDUCATION FUNCTIONS AND DONATE FOR THE STUDENTS | Cleveland, OH | $3K | 2021 |
| Brigham And Women'S HospitalSUPPORT HOSPITAL'S RESEARCH EFFORT AND THEIR MISSION TO HEAL THE COMMUNITY | Boston, MA | $3K | 2021 |
| College TracksPROVIDE FINANCIAL SUPPORT FOR LOW INCOME FIRST GENERATION COLLEGE STUDENTS | Silver Spring, MD | $3K | 2021 |
| ConnectdmvSUPPORT ACADEMICALLY TALENTED MIDDLE AND HIGH SCHOOL STUDENTS OF COLOR AT DMV BASED INDEPENDENT SCHOOLS | Washington, DC | $3K | 2021 |
| Charlie Wellman Memorial FundPROVIDE SCHOLARSHIPS AND FINANCIAL AID SERVICES FOR THE STUDENTS | Stone Mountain, GA | $1K | 2021 |
| Holy Family Hospital Of Bethlehem FoundationPromote its Catholic values of preserving life, fostering peace, and bringing hope to those without a voice. | Washington, DC | $10K | 2020 |
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