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Rust Family Foundation is a private corporation based in FAIRFIELD, CT. The foundation received its IRS ruling in 1999. The principal officer is William F Rust Iii. It holds total assets of $5.1M. Annual income is reported at $335K. Total assets have grown from $1.5M in 2011 to $5.1M 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. According to available records, Rust Family Foundation has made 74 grants totaling $549K, with a median grant of $7K. Annual giving has decreased from $318K in 2022 to $231K in 2023. Individual grants have ranged from $2K to $15K, with an average award of $7K. The foundation has supported 51 unique organizations. The foundation primarily supports organizations in New York, Florida, Michigan, which account for 41% of all grants. Grantmaking reaches organizations across 23 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$6K
Average Grant
$5K
Largest Grant
$14K
Based on 30 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.
Rust Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 74 grants. Its grantmaking reaches organizations primarily in NY, FL, MI.
Rust Family Foundation has distributed a total of $549K across 74 grants. The median grant size is $7K, with an average of $7K. Individual grants have ranged from $2K to $15K.
Rust Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rust Family Foundation is headquartered in FAIRFIELD, CT. While based in CT, the foundation distributes grants to organizations across 23 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Randi L Rust | SECRETARY | $0 | $0 | N/A |
| Jeffrey D Mitchell | DIRECTOR | $0 | $0 | N/A |
| William F Rust Iii | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
Total Giving
$244K
Total Assets
$5.1M
Fair Market Value
$5.7M
Net Worth
$5.1M
Grants Paid
$231K
Contributions
$13K
Net Investment Income
$226K
Distribution Amount
$272K
Total: $1.6M
Total Grants
74
Total Giving
$549K
Average Grant
$7K
Median Grant
$7K
Unique Recipients
51
Most Common Grant
$7K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversitySUPPORT WORK | Providence, RI | $7K | 2023 |
| Heritage FoundationSUPPORT WORK | Washington, DC | $7K | 2023 |
| University Of MichiganSUPPORT WORK | Ann Arbor, MI | $12K | 2023 |
| University Of Colorado FoundationSUPPORT WORK | Denver, CO | $9K | 2023 |
| President & Fellows Of Harvard CollSUPPORT WORK | Cambridge, MA | $8K | 2023 |
| New Mexico Highlands UniversitySUPPORT WORK | Las Vegas, NM | $8K | 2023 |
| Cornell UniversitySUPPORT WORK | Ithaca, NY | $8K | 2023 |
| University Of KansasSUPPORT WORK | Lawrence, KS | $8K | 2023 |
| Washington State University FoundatSUPPORT WORK | Pullman, WA | $8K | 2023 |
| Research Foundation CunySUPPORT WORK | New York, NY | $8K | 2023 |
| University Of Colorado BoulderSUPPORT WORK | Denver, CO | $8K | 2023 |
| Washington University In St LouisSUPPORT WORK | St Louis, MO | $8K | 2023 |
| American Sudanese Archaeological ReSUPPORT WORK | West Lafayette, IN | $8K | 2023 |
| Centre ColegeSUPPORT WORK | Danville, KY | $7K | 2023 |
| Tulane UniversitySUPPORT WORK | New Orleans, LA | $7K | 2023 |
| Ucl Friends & Alumni AssocSUPPORT WORK | New York, NY | $7K | 2023 |
| University Of CambridgeSUPPORT WORK | New York, NY | $7K | 2023 |
| Archaeological Institute Of AmericaSUPPORT WORK | Boston, MA | $7K | 2023 |
| College Of The RedwoodsSUPPORT WORK | Eureka, CA | $7K | 2023 |
| University Of FloridaSUPPORT WORK | Gainesville, FL | $7K | 2023 |
| King Baudouin Foundation UsSUPPORT WORK | New York, NY | $7K | 2023 |
| University Of TorontoSUPPORT WORK | New York, NY | $7K | 2023 |
| Suny Brockport FoundationSUPPORT WORK | Brockport, NY | $7K | 2023 |
| University Of South FloridaSUPPORT WORK | Tampa, FL | $7K | 2023 |
| University Of Central FloridaSUPPORT WORK | Orlando, FL | $6K | 2023 |
| Uc Davis Graduate StudiesSUPPORT WORK | Davis, CA | $6K | 2023 |
| Yale UniversitySUPPORT WORK | New Haven, CT | $6K | 2023 |
| Dunelm UsaSUPPORT WORK | Denver, CO | $6K | 2023 |
| Regents Of The University Of CaSUPPORT WORK | Santa Barbara, CA | $5K | 2023 |
| Research Foundation SunySUPPORT WORK | Albany, NY | $4K | 2023 |
| Connecticut Food BankSUPPORT WORK | Wallingford, CT | $3K | 2023 |
| Connecticut Humane SocietySUPPORT WORK | Newington, CT | $2K | 2023 |
| AspcaSUPPORT WORK | New York, NY | $2K | 2023 |
| University Of Central Florida Research FoundationSUPPORT WORK | Orlando, FL | $15K | 2022 |
| New York UniversitySUPPORT WORK | New York, NY | $14K | 2022 |
| The Associates Of The University Of Toronto IncSUPPORT WORK | New York, NY | $13K | 2022 |
| University Of Minnesota FoundationSUPPORT WORK | Minneapolis, MN | $8K | 2022 |
| Univerisity Of MichiganSUPPORT WORK | Ann Arbor, MI | $8K | 2022 |
| King Baudouin Foundation United StatesSUPPORT WORK | New York, NY | $7K | 2022 |
| The University Of Texas At San AntonioSUPPORT WORK | San Antonio, TX | $7K | 2022 |