Marasco Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NARRAGANSETT, RI. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $151K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$151K
+51.3% YoY
Annual Giving
$2K
Grant Count
2
Avg Grant Size
$1K
Under IRS private-foundation payout rules, Marasco Charitable Trust reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Marasco Charitable Trust
Based on IRS filings
Marasco Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NARRAGANSETT, RI. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $151K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $1K.
Focus Areas
Ready to take the next step with Marasco Charitable Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $151,267 | $100,000 |
| Revenue | $51,267 | $100,000 |
| Expenses | $2,000 | — |
| Qualifying Distributions | $2,000 | — |
| Net Investment Income | $1,267 | — |
| Distributable Amount | $5,053 | $40 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include House of Hope ($1,000), The Johnnycake Center for Hope ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOUSE OF HOPE WARWICK, RI | UNRESTRICTED | $1,000 |
| THE JOHNNYCAKE CENTER FOR HOPE WAKEFIELD, RI | UNRESTRICTED | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH MARASCO | TRUSTEE | 0.5 | — |
| KENDRA LEE BOGOSIAN MARASCO | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marasco Charitable Trust?
Marasco Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NARRAGANSETT, RI. It holds $151K in total assets as of 2024.
How large is Marasco Charitable Trust?
As of 2024, Marasco Charitable Trust holds $151K in total assets with $51K in annual revenue. It awarded 2 grants totaling $2K in 2024.
Where does Marasco Charitable Trust operate?
Marasco Charitable Trust has awarded grants in Rhode Island.
What size grants does Marasco Charitable Trust award?
In 2024, Marasco Charitable Trust awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Marasco Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marasco Charitable Trust reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2023–2024.
Explore Open Grants
Browse active grant opportunities in Marasco Charitable Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Loblolly Community Foundation Inc
HOBE SOUND, FL
Assets
$2.2M
Grants
25
Total Given
$757K
Community Foundation for Palm Beach and
WEST PALM BEACH, FL
Assets
$269.8M
Grants
377
Total Given
$21.4M
Andrew L Clark Foundation
GARNER, NC
Assets
$3.6M
Grants
9
Total Given
$1.5M
United Way of Martin County Inc
STUART, FL
Assets
$3.1M
Grants
32
Total Given
$990K
Vyuha Inc
MIAMI BEACH, FL
Assets
$13.7M
Grants
460
Total Given
$1.1M
Primum Bonum Inc
DE PERE, WI
Assets
—
Grants
44
Total Given
$133K
Marni & Morris Propp Ii Family Foundation Inc
JUPITER, FL
Assets
$16.4M
Grants
163
Total Given
$734K
Osteopathic Heritage Foundation
DUBLIN, OH
Assets
$301.9M
Grants
64
Total Given
$12.6M
The Discovery Land Company Foundation
BEVERLY HILLS, CA
Assets
$15.4M
Grants
10
Total Given
$2.3M
The Shepherds Hands
SYLVA, NC
Assets
$596K
Grants
2
Total Given
$20K
Aiken Foundation Inc
WILSON, NC
Assets
—
Grants
27
Total Given
$1.9M
John D & K a Johnston Foundation
DALLAS, TX
Assets
$742K
Grants
1
Total Given
$53K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Marasco Charitable Trust on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Marasco Charitable Trust to a real strategy.