Marasco Charitable Trust
Marasco Charitable Trust is a private foundation, based in Narragansett, RI. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $149K in total assets. In 2025, it awarded 3 grants totaling $3K. Net investment income was $1K.
Marasco Charitable Trust at a glance
In short: Marasco Charitable Trust gave $3K across 3 grants in 2025 (avg $1K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,000
- +50.0% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $1,000
- +0.0% vs 2024
- Median grant
- $1,000
- Total assets
- $149,461
- -1.2% vs 2024
- Primary geography
- Rhode Island (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Marasco Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was The Johnnycake Center for Hope ($1K). Together the top 3 received $3K.
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Marasco Charitable Trust gives
- In 2025 it paid out 39% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $2K (2024) to $3K (2025). In 2025 it made 3 grants totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Johnnycake Center for Hope Wakefield, RI | Unrestricted | $1,000 |
| Uri Foundation & Alumni Engagement Kingston, RI | Unrestricted | $1,000 |
| Higher Ground International Providence, RI | Unrestricted | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $149,461 | $70,590 | $3,018 | $3,000 | 3 | $3,000 | $1,320 | $7,606 |
| 2024 | $151,267 | $51,267 | $2,000 | $2,000 | 2 | $2,000 | $1,267 | $5,053 |
| 2023 | $100,000 | $100,000 | — | — | — | — | — | $40 |
Under IRS private-foundation payout rules, Marasco Charitable Trust reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Marasco Charitable Trust's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joseph Marasco
Trustee
On filings since 2023
0.5 hrs/week
No compensation reported
Kendra Lee Bogosian Marasco
Trustee
On filings since 2023
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Marasco Charitable Trust
How much does Marasco Charitable Trust give each year?
Marasco Charitable Trust gave $3K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 2 grants.
What is Marasco Charitable Trust's typical grant size?
Marasco Charitable Trust's median grant in 2025 was $1,000, and its average grant was $1,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does Marasco Charitable Trust give grants?
Marasco Charitable Trust gives mostly in Rhode Island: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Marasco Charitable Trust give general operating support?
Yes: 100% of Marasco Charitable Trust's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Marasco Charitable Trust?
Marasco Charitable Trust reported $149K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Marasco Charitable Trust's EIN?
Marasco Charitable Trust's EIN (Employer Identification Number) is 99-6103790. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 24, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2023–2024
Live grants for the work Marasco Charitable Trust funds
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Browse active grant opportunities in Marasco Charitable Trust's focus areas in our free grants database
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