//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The@Margaret Sue Rust Foundation is a private corporation based in ROCKPORT, TX. The foundation received its IRS ruling in 1997. It holds total assets of $6.7M. Annual income is reported at $205K. The foundation is governed by 5 officers and trustees. Aransas county council on aging the organization benifits the elderly in the county. Grant was used to renovate kitchen area for meals on wheels. Tax records are available from 2015 to 2024. Grantmaking is concentrated in Texas. According to available records, The@Margaret Sue Rust Foundation has made 60 grants totaling $1.3M, with a median grant of $15K. Annual giving has grown from $485K in 2021 to $853K in 2022. Individual grants have ranged from $2K to $70K, with an average award of $22K. The foundation has supported 26 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$15K
Average Grant
$24K
Largest Grant
$70K
Based on 20 grants from the most recent 990-PF filing.
Aransas county education foundation, rockport, texas the organization benifits all the schools in the aransas county area. Funds were used to fund scholarships.
Expenses: $40K
Coastal bend community foundation serving the aransas county area with various projects
Expenses: $40K
Rockport cultural arts district funding used to rennovate old san antonio/aransas pass rail road depot. Organization promotes arts and history in the rockport area
Expenses: $25K
Aransas county edc money used to fund operations. Organization promotes economic development in the rockport fulton area
Expenses: $50K
Aransas county council on aging the organization benifits the elderly in the county. Grant was used to renovate kitchen area for meals on wheels. Based on available records, the foundation has funded 60 grants. Its grantmaking reaches organizations primarily in TX.
The@Margaret Sue Rust Foundation has distributed a total of $1.3M across 60 grants. The median grant size is $15K, with an average of $22K. Individual grants have ranged from $2K to $70K.
The@Margaret Sue Rust Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (742832533) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
The@Margaret Sue Rust Foundation is headquartered in ROCKPORT, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mindy Durham | Director | $0 | $0 | N/A |
| Al Johnson | DIRECTOR | $0 | $0 | N/A |
| Susie Black | President | $0 | $0 | N/A |
| John P Jackson | Director | $0 | $0 | N/A |
| Nicholas Johnson | Sec/Treas | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6.7M
Fair Market Value
N/A
Net Worth
$6.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
60
Total Giving
$1.3M
Average Grant
$22K
Median Grant
$15K
Unique Recipients
26
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Aransas County Council On AgingFund GeneralCapital Improvements | Rockport, TX | $43K | 2022 |
| Rockport Fulton Good SamaritanFUND GENERALOPERATIONS | Rockport, TX | $43K | 2022 |
| Couastal Bend Community FoundationGRANT MATCHING | Corpus Christi, TX | $40K | 2022 |
| Aransas County Education FoundationFund GeneralScholarships | Rockport, TX | $40K | 2022 |
| Camp AranzazuOPERATIONS | Fulton, TX | $30K | 2022 |
| Aransas County Medical ServicesPROGRAMS | Rockport, TX | $30K | 2022 |
| Abc Learning CenterPLAYGROUND EQUIPMENT | Rockport, TX | $29K | 2022 |
| Childrens CoalitionOPERATIONS | Rockport, TX | $25K | 2022 |
| Rockport Cultural Arts DistrictART PROJECT | Rockport, TX | $25K | 2022 |
| South Tx Council Boy Scouts Of AmericaFund GeneralCapital Campain | Corpus Christi, TX | $25K | 2022 |
| Rockport Center For The ArtsFund GeneralArtlink Program | Rockport, TX | $15K | 2022 |
| Texas Maritime MuseumFund Sea CampSea Camp | Rockport, TX | $15K | 2022 |
| Rockport Volunteer FdOPERATIONS | Rockport, TX | $10K | 2022 |
| Lamar Volunteer FdOPERATIONS | Rockport, TX | $10K | 2022 |
| Operation Santa ClausFUND GENERALOPERATIONS | Rockport, TX | $10K | 2022 |
| Friends Of The History CenterOPERATIONS | Rockport, TX | $10K | 2022 |
| Fulton Volunteer FdOPERATIONS | Fulton, TX | $10K | 2022 |
| Halo FlightOPERATIONS | Corpus Christi, TX | $10K | 2022 |
| Another Chance RftOPERATIONS | Rockport, TX | $5K | 2022 |
| Piecemakers By The BayOPERATIONS | Rockport, TX | $3K | 2022 |
| Rockport Little TheaterOPERATIONS | Rockport, TX | $30K | 2021 |