Rostair Foundation

Foundation · Grantmaker St Pete Beach, FL EIN: 81-0870682

Rostair Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in St Pete Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 18 grants totaling $78K. Net investment income was $57K.

Key facts about Rostair Foundation

EIN
81-0870682
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$77,580
Grants made (2024)
18
Average grant
$4,310
Median grant
$2,838
New grantees (estimate)
11% first-time grantees (2 of 18, 2024)
Total assets
$2,055,346
Primary geography
Pennsylvania (53% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Rostair Foundation funds

By grant dollars, the top recipient states for Rostair Foundation's 18 itemized 2024 grants were Pennsylvania (53%), Florida (21%) and Missouri (10%). The most frequent recipient cities were Philadelphia, PA (3 grants) and Langhorne, PA (2 grants). None of its 18 grants with a stated purpose were described as general or operating support. Recurring purposes include "Various Charitable Purposes" (18 grants).

Is Rostair Foundation open to new grantees?

11%

first-time grantees, 2024

In 2024, 2 of 18 grantees (11%) were first-time recipients. First grants averaged $878; repeat grants $5K. How we count

Medians: $878 first-time, $4K repeat.

  • 83% of 2024 grantees were also funded in 2023. Method
  • Giving grew 29% from 2021 to 2024. Method
  • In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-7.2% YoY

Annual Giving

$78K

-12.0% YoY

Grant Count

18

-14.3% YoY

Avg Grant Size

$4K

+2.7% YoY

Under IRS private-foundation payout rules, Rostair Foundation reported a distributable amount of $110K for 2024 — the minimum it must pay out in qualifying distributions.

About Rostair Foundation

Based on IRS filings

Rostair Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in St Pete Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 18 grants totaling $78K. Net investment income was $57K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 18 itemized 2024 grant dollars.

Cities

PhiladelphiaNew YorkYardleyNewtownColumbusDoylestownRadnorSanta BarbaraSt MorrisvilleSt PetersburgWynnedwoodDrexel HilLanghorneNewtonSt Pete BeachAnnapolisBristolChalfontFairless HillsHillsdale

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$128K$257K$385K$513K20202021202220232024
Metric202420232022
Total Assets$2,055,346$2,213,711$2,319,138
Revenue$-15,484$54,814$100,198
Expenses$138,551$173,519$169,124
Qualifying Distributions$122,322$125,871$131,657
Net Investment Income$57,137$47,290$62,731
Distributable Amount$109,861$106,834$114,805

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$24K$47K$71K$95K31 grants202019 grants202124 grants202221 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Polywogs Charities Inc: $15KPolywogs Charities Inc$15KHealthy Newsworks: $10KHealthy Newsworks$10KTiny Wpa: $10KTiny Wpa$10KBridging the Gap: $8KBridging the Gap$8KBristol Riverside Theatre: $6KBristol Riverside Theatre$6KAgahozo Shalom Youth Village: $5KAgahozo Shalom Youth Village$5KSnipes Farms: $5KSnipes Farms$5KUpstream Alliance: $5KUpstream Alliance$5KImpact 100 Philadelphia: $3KImpact 100 Philadelphia$3KPickering Manor: $3KPickering Manor$3K

Grant Size Distribution

113 grants across all recorded years

113<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Polywogs Charities Inc ($15,000), Healthy Newsworks ($10,000), Tiny Wpa ($10,000).

RecipientPurposeAmount
POLYWOGS CHARITIES INC Clearwater, FLVARIOUS CHARITABLE PURPOSES$15,000
HEALTHY NEWSWORKS Drexel Hill, PAVARIOUS CHARITABLE PURPOSES$10,000
TINY WPA Philadelphia, PAVARIOUS CHARITABLE PURPOSES$10,000
BRIDGING THE GAP Kansas City, MOVARIOUS CHARITABLE PURPOSES$8,000
BRISTOL RIVERSIDE THEATRE Bristol, PAVARIOUS CHARITABLE PURPOSES$6,000
AGAHOZO SHALOM YOUTH VILLAGE New York, NYVARIOUS CHARITABLE PURPOSES$5,000
SNIPES FARMS Morrisville, PAVARIOUS CHARITABLE PURPOSES$5,000
UPSTREAM ALLIANCE Annapolis, MDVARIOUS CHARITABLE PURPOSES$5,000
IMPACT 100 PHILADELPHIA Wynnewood, PAVARIOUS CHARITABLE PURPOSES$3,175
PICKERING MANOR Newtown, PAVARIOUS CHARITABLE PURPOSES$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Todd E HermanVice President1—
Robyn HermanPresident1—
Alex HermanVice President0.5—
Susan HermanSecretary0.5—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Rostair Foundation?

Rostair Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in St Pete Beach, FL. It holds $2.1M in total assets as of 2024.

How large is Rostair Foundation?

As of 2024, Rostair Foundation holds $2.1M in total assets with $-15,484 in annual revenue. It awarded 18 grants totaling $78K in 2024.

Where does Rostair Foundation operate?

Rostair Foundation has awarded grants in California, Florida, Maryland, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania.

What size grants does Rostair Foundation award?

In 2024, Rostair Foundation awarded 18 grants totaling $78K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Rostair Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rostair Foundation reported a distributable amount of $110K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rostair Foundation's EIN?

Rostair Foundation's EIN (Employer Identification Number) is 81-0870682. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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