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Rostan Family Foundation is a private corporation based in VALDESE, NC. The foundation received its IRS ruling in 1995. The principal officer is John P Rostan Jr. It holds total assets of $8.1M. Annual income is reported at $1.3M. Total assets have grown from $5.6M in 2011 to $8.3M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Rostan Family Foundation has made 89 grants totaling $1.7M, with a median grant of $10K. Annual giving has grown from $503K in 2020 to $643K in 2022. Individual grants have ranged from $2K to $185K, with an average award of $19K. The foundation has supported 50 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$26K
Largest Grant
$185K
Based on 19 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Rostan Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 89 grants. Its grantmaking reaches organizations primarily in NC.
Rostan Family Foundation has distributed a total of $1.7M across 89 grants. The median grant size is $10K, with an average of $19K. Individual grants have ranged from $2K to $185K.
Rostan Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rostan Family Foundation is headquartered in VALDESE, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John P Rostan Iii | VP/TREASURER | $0 | $0 | N/A |
| James H Rostan | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| John Mark Rostan | VP/SECRETARY | $0 | $0 | N/A |
Total Giving
$680K
Total Assets
$8.3M
Fair Market Value
$13.2M
Net Worth
$8.3M
Grants Paid
$641K
Contributions
N/A
Net Investment Income
$409K
Distribution Amount
$624K
Total: $8M
Total Grants
89
Total Giving
$1.7M
Average Grant
$19K
Median Grant
$10K
Unique Recipients
50
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of The Valdese Rec IncPHILANTHROPIC | Valdese, NC | $130K | 2022 |
| Town Of ValdesePHILANTHROPIC | Valdese, NC | $75K | 2022 |
| Alder Springs Deaf & Blind CommunityPHILANTHROPIC | Morganton, NC | $50K | 2022 |
| Burke United Christian MinistriesPHILANTHROPIC | Morganton, NC | $50K | 2022 |
| Waldensian Presbyterian ChurchPHILANTHROPIC | Valdese, NC | $30K | 2022 |
| Community Foundation Of Burke CountyPHILANTHROPIC | Morganton, NC | $25K | 2022 |
| East Burke Christian MinistriesPHILANTHROPIC | Hildebran, NC | $20K | 2022 |
| Burke Charitable Properties IncPHILANTHROPIC | Morganton, NC | $20K | 2022 |
| The Outreach CenterPHILANTHROPIC | Morganton, NC | $20K | 2022 |
| Old Colony Players IncPHILANTHROPIC | Valdese, NC | $20K | 2022 |
| Good Samaritan ClinicPHILANTHROPIC | Morganton, NC | $20K | 2022 |
| Casting For HopePHILANTHROPIC | Morganton, NC | $15K | 2022 |
| Open Hearts PlacePHILANTHROPIC | Morganton, NC | $14K | 2022 |
| Waldensian Heritage MuseumPHILANTHROPIC | Valdese, NC | $12K | 2022 |
| C2life FoundationPHILANTHROPIC | Morganton, NC | $12K | 2022 |
| Foothills Conservancy Of Nc IncPHILANTHROPIC | Morganton, NC | $10K | 2022 |
| Center For Rural Health InnovationPHILANTHROPIC | Spruce Pine, NC | $10K | 2022 |
| Catawba Riverkeeper Foundation IncPHILANTHROPIC | Mcadenville, NC | $10K | 2022 |
| The Meeting Place MissionPHILANTHROPIC | Morganton, NC | $10K | 2022 |
| Burke Council On Alcoholchem DependencyPHILANTHROPIC | Morganton, NC | $10K | 2022 |
| Burke Psychosocial Services IncPHILANTHROPIC | Morganton, NC | $8K | 2022 |
| Oak Ridge Baptist ChurchPHILANTHROPIC | Connelly Springs, NC | $8K | 2022 |
| Foothills Service ProjectPHILANTHROPIC | Connelly Springs, NC | $7K | 2022 |
| Care Foundation Of Wnc IncPHILANTHROPIC | Morganton, NC | $7K | 2022 |
| Big Brotherbig Sister Of Western NcPHILANTHROPIC | Asheville, NC | $5K | 2022 |
| Prevent Blindness North CarolinaPHILANTHROPIC | Raleigh, NC | $5K | 2022 |
| The Industrial CommonsPHILANTHROPIC | Morganton, NC | $5K | 2022 |
| Charlotte Neuroscience FoundationPHILANTHROPIC | Charlotte, NC | $5K | 2022 |
| Burke County Public Library SystemEDUCATIONAL | Morganton, NC | $5K | 2022 |
| Ymca Of Catawba ValleyPHILANTHROPIC | Hickory, NC | $5K | 2022 |
| Options IncPHILANTHROPIC | Morganton, NC | $5K | 2022 |
| Blue Ridge Community ActionPHILANTHROPIC | Morganton, NC | $4K | 2022 |
| Queen Street Club IncPHILANTHROPIC | Morganton, NC | $4K | 2022 |
| Burke Augustine Literacy ProjectEDUCATIONAL | Morganton, NC | $3K | 2022 |
| Burke County Smart Start IncEDUCATIONAL | Morganton, NC | $3K | 2022 |
| Historic Burke Foundation IncPHILANTHROPIC | Morganton, NC | $2K | 2022 |
| Lake James State ParkPHILANTHROPIC | Nebo, NC | $45K | 2021 |
| Assure The Future IncPHILANTHROPIC | Morganton, NC | $15K | 2021 |
| Burke County Public SchoolsEDUCATIONAL | Morganton, NC | $15K | 2021 |
| Animal Services FoundationPHILANTHROPIC | Winstonsalem, NC | $10K | 2021 |