Rosemary and Ted Lassiter Foundation
The Rosemary and Ted Lassiter Foundation is a private foundation based in Wilmington, Delaware. It appears to have wound down and stopped grantmaking: its 2024 filing is marked as its final return, and the filing states that voluntary dissolution was completed on April 22, 2025, with remaining assets distributed as a liquidating grant to the Schwab Charitable Fund. Its 2025 filing reports no grants and no assets.
Rosemary and Ted Lassiter Foundation at a glance
- Revenue (2025)
- $6,993
- +48.8% vs 2024
- Expenses (2025)
- $40,585
- -89.1% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Rosemary and Ted Lassiter Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation stated in its filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. This policy is not presented as current; the foundation reported completing its dissolution in 2025.
- Contact
Mailing address: 910 Barley Drive, Wilmington, DE 19807
Phone: (302) 654-9697
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Rosemary and Ted Lassiter Foundation funds
How this funder distributes its grants
Grant Size Distribution
69 grants across all recorded years
The most common grant size was under $50K: 52 grants of 69 (75%).
Geographic Focus
Where this funder awards grants
The foundation is based in Wilmington, Delaware. The listed 2024 grantees are located in Delaware, including Wilmington, Newark, and other Delaware communities. The available information does not state a formal geographic funding policy.
Grant Distribution by State
Cities
Is Rosemary and Ted Lassiter Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 14 grantees (0%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. How we count
- 93% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+5%). Method
- In 2024 it paid out 345% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $335K (2021) to $1.1M (2023). In 2024 it made 14 grants totaling $351K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Eckerd Connects Clearwater, FL | Support | $100,000 |
| Serviam Girls Academy Wilmington, DE | Support | $75,000 |
| Salesianum School for Boys Wilmington, DE | Support | $50,000 |
| The Little Sisters of the Poor Newark, DE | Support | $25,000 |
| Food Bank of Delaware Newark, DE | Support | $20,000 |
| Sunday Breakfast Mission Wilmington, DE | Support | $15,000 |
| Boys and Girls Clubs of Delaware Wilmington, DE | Support | $10,000 |
| Father Trainor Scholarship Fund Wilmington, DE | Support | $10,000 |
| Kids with Confidence Wilmington, DE | Support | $10,000 |
| Limen House Inc Wilmington, DE | Support | $10,000 |
Ready to take the next step with Rosemary and Ted Lassiter Foundation?
Financial History
Multi-year comparison from IRS filings
The 2025 filing reports no assets. The foundation’s 2024 filing states that its remaining assets were distributed to the Schwab Charitable Fund as a liquidating grant.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $6,993 | $40,585 | — | — | — | — | $124,135 |
| 2024 | $1,550,093 | $4,701 | $371,861 | $351,000 | 14 | $351,000 | — | $101,710 |
| 2023 | $1,917,253 | $-807,766 | $1,103,115 | $1,061,000 | 19 | $1,061,000 | — | $114,440 |
| 2022 | $3,229,082 | $1,011,271 | $544,951 | $500,000 | 18 | $501,412 | $967,732 | $176,055 |
| 2021 | $2,564,445 | $523,075 | $373,338 | $335,000 | 18 | — | $479,937 | $168,646 |
Under IRS private-foundation payout rules, Rosemary and Ted Lassiter Foundation reported a distributable amount of $124K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission is stated in the available information. Its listed 2024 grantees include organizations whose own missions address a range of services. Serviam Girls Academy describes its work as providing tuition-free Catholic middle-school education to young women from families that qualify for the federal free or reduced-price lunch program. The Little Sisters of the Poor describes providing nursing and residential care for needy elderly people. The Food Bank of Delaware describes providing food and collaborating on long-term solutions to hunger and poverty.
Other listed grantees describe serving people experiencing homelessness, addiction, and poverty; supporting recovery from substance use disorder; and helping young people reach their potential through youth programs.
Grantmaking
The foundation reported 14 grants totaling $351,000 in 2024 and 19 grants totaling $1,061,000 in 2023. Listed 2024 awards include $75,000 to Serviam Girls Academy, $25,000 to the Little Sisters of the Poor, $20,000 to the Food Bank of Delaware, $15,000 to Sunday Breakfast Mission, and $10,000 each to Limen House and Boys & Girls Clubs of Delaware. The listed award amounts range from $10,000 to $75,000; they do not establish a typical grant size.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Rosemary Lassiter as president and director and Ted Lassiter as vice president and director.
Rosemary and Ted Lassiter Foundation is led by Rosemary Lassiter, President & Director on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Rosemary Lassiter
President & Director
On filings since 2021
1 hr/week
No compensation reported
Ted Lassiter
Vice President & Director
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Rosemary and Ted Lassiter Foundation
What does Rosemary and Ted Lassiter Foundation fund?
No foundation mission is stated in the available information. Its listed 2024 grantees include organizations whose own missions address a range of services. See mission & focus areas ↑
How do I apply for a grant from Rosemary and Ted Lassiter Foundation?
The foundation stated in its filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Rosemary and Ted Lassiter Foundation make grants?
The foundation is based in Wilmington, Delaware. The listed 2024 grantees are located in Delaware, including Wilmington, Newark, and other Delaware communities. The available information does not state a formal geographic funding policy.
How much is Rosemary and Ted Lassiter Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Rosemary and Ted Lassiter Foundation reported a distributable amount of $124K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rosemary and Ted Lassiter Foundation's EIN?
Rosemary and Ted Lassiter Foundation's EIN (Employer Identification Number) is 65-0118648. IRS Form 990 filing data is available on this page for 2021–2025.
Does Rosemary and Ted Lassiter Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Rosemary and Ted Lassiter Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
Laffey-McHugh Foundation
Wilmington, DE
The Laffey-McHugh Foundation funds 501(c)(3) nonprofits addressing poverty and community needs, including food access, housing, education, youth development, and health, primarily in underserved communities in Delaware. Its 2024 grants ranged from $2,500 to $150,000, with a median of $20,000. It accepts applications through an online portal in two annual cycles; applicants may request an application through its website.
Assets
$66.1M
Grants
153
Total Given
$3.7M
Delaware Community Foundation Inc
Wilmington, DE
Delaware Community Foundation supports nonprofits and students addressing community needs in Delaware, including community-impact projects, capital improvements, and scholarships. Its 2025 itemized grants had a median of $21,500, though awards varied widely. Applicants are directed to apply through the relevant program’s online portal; whether unsolicited requests are accepted is not stated.
Assets
$392.5M
Grants
323
Total Given
$20.4M
Crestlea Foundation Inc
Wilmington, DE
Crestlea Foundation supports nonprofits working in social services, education, health care, arts and culture, the environment, housing, and civic causes, primarily in Delaware and parts of southeastern Chester County, Pennsylvania. Its typical grant is about $15,000, with recent awards ranging from $4,250 to $50,000. It accepts applications, but organizations must first meet with foundation staff and receive an access code; annual applications are due January 15.
Assets
$21.7M
Grants
65
Total Given
$1.0M
The Diane and Harry Levin Foundation
Wilmington, DE
The foundation’s grants support a range of charitable activities, including food access, housing, community needs, self-sufficiency, arts, trails, and services for people with neurological and intellectual differences; its 2025 grants went mainly to organizations in Pennsylvania and Delaware, with some in Georgia, Washington, D.C., and Louisiana. Grants ranged from $250 to $51,850, with a median of $1,000. No special application is required, and applicants may contact Carol Levin.
Assets
$2.0M
Grants
34
Total Given
$136K
Welfare Foundation Inc
Wilmington, DE
Welfare Foundation Inc. primarily funds capital projects in social services, housing, health, education, environment, civic work, and arts and humanities in Delaware and southern Chester County, Pennsylvania. It gives about $5 million annually; recent grants ranged from $10,000 to $300,000, with a median of $50,000. It accepts unsolicited requests through its online system, but applicants must first meet with Foundation staff.
Assets
$106.7M
Grants
69
Total Given
$4.7M
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.
Assets
$43.6M
Grants
753
Total Given
$23.0M
More similar funders
More Funders in Delaware
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Rosemary and Ted Lassiter Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Rosemary and Ted Lassiter Foundation down — hundreds of funders to go?