Rast Foundation
Preselected recipients only
Rast Foundation is a private foundation in Bethesda, Maryland. In tax year 2024 it gave $5.8 million in 22 grants; the typical grant was $25,000 and the largest $2.0 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$5.8 million
- Number of grants22
- Typical grant$25,000
- Largest grant$2.0 million
- Assets$107 million
- New grantees56%
Giving in 2024 was up from $2.8 million the year before.
56% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $4.2 million | 31 | $77.5 million |
| 2023 | $2.8 million | 20 | $94.8 million |
| 2024 | $5.8 million | 22 | $107 million |
How to apply
Rast Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Rast Foundation funds
Where it gives
Its grants went to recipients in 9 states, the most to Maryland.
| State | Grants | Amount |
|---|---|---|
| Maryland | 7 | $3.6 million |
| District of Columbia | 4 | $730,207 |
| California | 2 | $650,000 |
| New York | 1 | $505,016 |
| Delaware | 2 | $210,058 |
| Massachusetts | 3 | $90,000 |
| Tennessee | 1 | $50,000 |
| Florida | 1 | $5,000 |
| Illinois | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Our Lady of Mercy Catholic Church | The campaign for our lady of mercy | $2.0 million |
| Archdiocese of Washington Catholic Church | General contribution | $1.5 million |
| Don Bosco Cristo Rey | Building the future campaign | $700,287 |
| Donor Advised Charitable Giving Inc | General contribution | $600,000 |
| GS Donor Advised Philanthropy Fund | General contribution | $505,016 |
| Padua Academy | Cafetorium project | $205,058 |
| Hoffman Institute Foundation | General contribution | $50,000 |
| St Jude Children's Research Hospital | Give to live global gala | $50,000 |
| Williams College | Alumni fund - mental health | $50,000 |
| Williams College | Dean's discretionary fund | $30,000 |
| Stone Ridge School of the Sacred Heart | 2024 raise the paddle gala | $25,000 |
| The Washington Ballet | General contribution | $25,000 |
| Brigham and Women's Hospital | General contribution | $10,000 |
| Stone Ridge School of the Sacred Heart | Annual fund | $10,000 |
| American Lung Association | General contribution | $5,000 |
| Charlie Wellman Memorial Fund | General contribution | $5,000 |
| Delaware Hospice Inc | In memory of james p. Mcfadden | $5,000 |
| Mercy Health Clinic | Annual golf classic - montgomery county | $5,000 |
| Primary Day School Inc | Annual fund | $5,000 |
| Stone Ridge School of the Sacred Heart | Golf & pickball tournament | $5,000 |
| National Museum of Women in the Arts | General contribution | $2,500 |
| Don Bosco Cristo Rey | Building the future campaign | $2,420 |
Officers and trustees
- Robert L Trone
- Anna Marie Parisi-Trone
Questions people ask
Does Rast Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Rast Foundation give?
$5.8 million in tax year 2024, across 22 grants, with a typical grant of $25,000.
Who runs Rast Foundation?
Its 2024 filing lists Robert L Trone (Director, President, Treasurer) and Anna Marie Parisi-Trone (Director, Vice President, Secretary).
What does Rast Foundation fund?
Based on its grants, mainly faith communities, education and health.