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Rust Family Foundation is a private trust based in SAINT PAUL, MN. The foundation received its IRS ruling in 2022. It holds total assets of $2.4M. Annual income is reported at $663K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Rust Family Foundation has made 2 grants totaling $303K, with a median grant of $151K. Annual giving has decreased from $173K in 2021 to $130K in 2023. Individual grants have ranged from $130K to $173K, with an average award of $151K. Grant recipients are concentrated in Washington. Contributions to this foundation are tax-deductible.
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.
Rust Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in WA.
Rust Family Foundation has distributed a total of $303K across 2 grants. The median grant size is $151K, with an average of $151K. Individual grants have ranged from $130K to $173K.
Rust Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rust Family Foundation is headquartered in SAINT PAUL, MN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank N A | TRUSTEE | $40K | $0 | $40K |
Total Giving
$173K
Total Assets
$2.2M
Fair Market Value
$3.2M
Net Worth
$2.2M
Grants Paid
$130K
Contributions
N/A
Net Investment Income
$146K
Distribution Amount
$170K
Total: $2.1M
Total Grants
2
Total Giving
$303K
Average Grant
$151K
Median Grant
$151K
Unique Recipients
1
Most Common Grant
$173K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mary Bridge Children'S FoundationGENERAL OPERATING | Tacoma, WA | $130K | 2023 |