//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Royso Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $7M. Annual income is reported at $2.7M. Total assets have decreased from $10M in 2019 to $7.1M in 2023. The foundation is governed by 2 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 2020 to 2023. According to available records, The Royso Foundation has made 19 grants totaling $4M, with a median grant of $100K. Annual giving has decreased from $2.3M in 2022 to $1.7M in 2023. Individual grants have ranged from $10K to $1.5M, with an average award of $213K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Washington, Idaho, Massachusetts, which account for 79% of all grants. Grantmaking reaches organizations across 5 states. 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.
The Royso Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in WA, ID, MA.
The Royso Foundation has distributed a total of $4M across 19 grants. The median grant size is $100K, with an average of $213K. Individual grants have ranged from $10K to $1.5M.
The Royso Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Royso Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Rowell | DIRECTOR | $0 | $0 | N/A |
| Alexis Rowell | PRESIDENT, SECRETARY, TREASURER, DIR. | $0 | $0 | N/A |
Total Giving
$1.8M
Total Assets
$7.1M
Fair Market Value
$7.1M
Net Worth
$7.1M
Grants Paid
$1.7M
Contributions
N/A
Net Investment Income
$404K
Distribution Amount
$358K
Total: $6.5M
Total Grants
19
Total Giving
$4M
Average Grant
$213K
Median Grant
$100K
Unique Recipients
9
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eastside Preparatory SchoolGIFT FOR ENTREPRENEURSHIP, PHILANTHROPIC LEARNING, TEACHER ENDOWMENT, AND ANNUAL FUND | Kirkland, WA | $1.5M | 2023 |
| Massachusetts Institute Of TechnologyMIT SLOAN ANNUAL FUND AND GENERAL SUPPORT | Cambridge, MA | $100K | 2023 |
| Bellevue Boys & Girls ClubGREAT FUTURES DAY | Bellevue, WA | $50K | 2023 |
| Rainier ScholarsGENERAL SUPPORT | Seattle, WA | $25K | 2023 |
| Haymakers For Hope IncGENERAL SUPPORT | Boston, MA | $10K | 2023 |
| Community Library Association Inc Ketchum Sun Valley & TriumphGENERAL SUPPORT | Ketchum, ID | $525K | 2022 |
| Spur Community Foundation IncSLOAN ANNUAL FUND | Ketchum, ID | $200K | 2022 |
| Navy Seal Foundation IncGENERAL SUPPORT | Virginia Beach, VA | $50K | 2022 |
| The One Love Foundation In Honor Of Yeardley Love IncGENERAL SUPPORT | Bronxville, NY | $10K | 2022 |