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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. Total assets have grown from $17.3M in 2018 to $77.5M in 2023. The foundation is governed by 2 officers and trustees. To mobilize the community and global resources to support and impact public education through initiatives, programs, and promising practices designed to improve student performance and advance quality educational opportunities for all children. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Pakistan. 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.
Smallest Grant
$10K
Median Grant
$201K
Average Grant
$403K
Largest Grant
$998K
Based on 3 grants from the most recent 990-PF filing.
Provides complimentary training for pre-primary and high school educators. Since 2015, over 200 teachers received free instruction with professional development training.
Initiative to connect Pakistani students with international scholarship opportunities
Developing virtual libraries to increase public access to educational resources
To mobilize the community and global resources to support and impact public education through initiatives, programs, and promising practices designed to improve student performance and advance quality educational opportunities for all children. 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 | N/A |
| Anna Marie Parisi-Trone | DIRECTOR, VICE PRESIDENT | $0 | $0 | N/A |
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
N/A
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 |
| Innocents At Risk IncGENERAL CONTRIBUTION | Washington, DC | $10K | 2022 |
| Lc Pastoral Services IncGENERAL CONTRIBUTION | Roswell, GA | $10K | 2022 |
| The Stone Ridge FundGENERAL CONTRIBUTION | Bethesda, MD | $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 |
| Brigham And Women'S HospitalSUPPORT HOSPITAL'S RESEARCH EFFORT AND THEIR MISSION TO HEAL THE COMMUNITY | Boston, MA | $3K | 2021 |
| Case Western Reserve UnivSUPPORT EDUCATION FUNCTIONS AND DONATE FOR THE STUDENTS | Cleveland, OH | $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 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD