Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Rust Foundation, based in Pittsburgh, PA, is a U.S.-based organization with assets totaling $3,372,861. Despite having expenses of $384,103, the foundation's revenue is $247,789. The foundation supports a wide range of cities across the United States, including major cities like Boston, Dallas, Denver, Detroit, Miami, New York, San Francisco, and Washington, D.C., among others. It operates in numerous states such as California, Texas, Florida, and New York. The leadership team includes President Thatcher O. Montgomery, Vice President S. Murray Rust III, Secretary J. Mead Rust Jr., Treasurer John R. Rust, and several trustees, all of whom work voluntarily without compensation. The foundation does not specify particular subject areas of focus in its funding activities.
Focus Areas
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Financials
+2.6% from previous year
88 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $55,500 | ST ANDREWS EPISCOPAL CHURCH | GENERAL PURPOSE | Pittsburgh, PA, US | 2024 |
| $51,500 | MIDDLE TENN STATE UNIV | GENERAL PURPOSE | Murfreesboro, TN, US | 2023 |
| $31,500 | WORLD CENTRAL KITCHEN | GENERAL PURPOSE | Washington, DC, US | 2023 |
| $29,000 | NY AVE PRESB CHURCH | GENERAL PURPOSE | Washington, DC, US | 2023 |
| $28,000 | ST ANTHONY CHAR FDN | GENERAL PURPOSE | Wexford, PA, US | 2023 |
| $27,500 | NEW CANAAN COUNTY SCHOOL | GENERAL PURPOSE | New canaan, CT, US | 2022 |
| $26,000 | ST ANDREWS | GENERAL PURPOSE | Pittsburgh, PA, US | 2022 |
| $26,000 | ELLIS SCHOOL | GENERAL PURPOSE | Pittsburgh, PA, US | 2023 |
| $25,000 | DRAKE UNIVERSITY | GENERAL PURPOSE | Des moines, IA, US | 2022 |
| $25,000 | APPALACHIAN MOUNTAIN CLUB | GENERAL PURPOSE | Boston, MA, US | 2023 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
TO
THATCHER O MONTGOMERY
| PRESIDENT | $0 | 2024 |
SM
S MURRAY RUST III
| VICE PRESIDENT | $0 | 2024 |
JM
J MEAD RUST JR
| SECRETARY | $0 | 2024 |
JR
JOHN R RUST
| TREASURER | $0 | 2024 |
JO
JAMES O RUST
| TRUSTEE | $0 | 2024 |
THATCHER O MONTGOMERY
PRESIDENT
S MURRAY RUST III
VICE PRESIDENT
J MEAD RUST JR
SECRETARY
JOHN R RUST
TREASURER
JAMES O RUST
TRUSTEE
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025