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RAST FOUNDATION

Bethesda, MD Tax ID: 81-0723895

The RAST Foundation, located in Bethesda, MD, manages $77.5 million in assets, funds projects across multiple U.S. cities and states, and is led by uncompensated directors Robert L. Trone and Anna Marie Parisi-Trone.

About RAST FOUNDATION

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The RAST Foundation, based in Bethesda, Maryland, is a private foundation with assets totaling approximately $77.5 million. Despite having a negative revenue of about $1.87 million, the foundation's expenses are around $5.73 million. The foundation does not have a specified focus on particular subject areas but funds initiatives in various cities across the United States, including Bethesda, Boston, and New York, among others. It operates in several states such as Maryland, New York, and Florida. The foundation is led by Robert L. Trone, who serves as the Director and President, and Anna Marie Parisi-Trone, the Director and Vice President. Both leaders do not receive compensation for their roles.

Focus Areas

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Geographic Focus

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Key Statistics
Total Assets $77.5M
Total Awarded This Year $4.2M
Average Grant Size $567
Total Grants (Previous Year) 4,107
Open to New Applicants
% New Applicants Funded
Contact Information
Bethesda, MD
Geographic Funding Distribution

Financials

Total Assets
$77.5M

+2.6% from previous year

Annual Grants
$4.2M

31 grants awarded in 2024

Expense Ratio
-306.6%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$3,002,843CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON INCSUPPORT CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON, D.C.Washington, DC, US2023
$1,700,408OUR LADY OF MERCYGENERAL CONTRIBUTIONPotomac, MD, US2024
$1,300,000OUR LADY OF MERCYNEW BUILDING CAMPAIGNPotomac, MD, US2024
$950,000WILLIAMS COLLEGEGENERAL CONTRIBUTIONWilliamstown, MA, US2024
$204,714DON BOSCO CRISCO REY ARCHDIOCESE OF WA INCSUPPORT EDUCATION FUNCTIONS THROUGH THE CAMPAIGNWashington, DC, US2023
$100,000CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON INCGENERAL CONTRIBUTIONWashington, DC, US2024
$25,000CHILDRENS NATIONAL HOSPITAL FOUNDATIONGOLD SPONSORSHIPSilver spring, MD, US2024
$15,000LEUKEMIA & LYMPHOMA SOCIETYGENERAL CONTRIBUTIONRye brook, NY, US2023
$15,000THE WASHINGTON BALLETGALA SPONSORWashington, DC, US2024
$13,400THE WASHINGTON BALLETGENERAL CONTRIBUTIONWashington, DC, US2023

People

Leadership & Staff

Compensation data from most recent available 990 forms

RL

ROBERT L TRONE

DIRECTOR, PRESIDENT

$0 2024
AM

ANNA MARIE PARISI-TRONE

DIRECTOR, VICE PRESIDENT

$0 2024
Showing 2 of 2 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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