Rostro Foundation

Private foundation · Grantmaker Richmond, VA EIN: 54-1842038

Rostro Foundation is a private foundation, based in Richmond, VA. IRS filing data is available from 2019 through 2023. In 2023, it awarded 2 grants totaling $289K. Net investment income was $977.

Rostro Foundation at a glance

In short: Rostro Foundation gave $289K across 2 grants in 2023 (avg $145K), mostly in Massachusetts. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$289,115
+1707.0% vs 2022
Grants made (2023)
2
-91.3% vs 2022
Average grant
$144,558
+20680.1% vs 2022
Median grant
$144,558
Primary geography
Massachusetts (86% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026.

Who Rostro Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

Fidelity Charitable Fnd: $250KFidelity Charitable Fnd$250KThe Community Foundation: $39KThe Community Foundation$39K

The largest 2023 recipient was Fidelity Charitable Fnd ($250K). Together the top 2 received $289K.

Grant Size Distribution

86 grants across all recorded years

85<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 85 grants of 86 (99%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2023 grant dollars across all 2 itemized grants.

Cities

RichmondChesterfieldCulpeperMontgomerySanta BarbaraThe PlainsWashingtonCharlottesvilleN ChesterfieldBostonHenricoTopekaWest Hollywood

How Rostro Foundation gives

  • Giving grew 2079% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). 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

$0$100K$200K$300K19 grants2019 20 grants2020 22 grants2021 23 grants2022 2 grants2023

From 2019 to 2023, annual grant giving ranged from $12K (2019) to $289K (2023). In 2023 it made 2 grants totaling $289K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Charitable Fnd Boston, MASupport$250,000
The Community Foundation Richmond, VASupport$39,115
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$105,523$289,300$289,1152$289,115$977$1,296
2022$183,777$7,122$34,174$16,00023$16,000$6,918$14,936
2021$209,542$42,420$31,315$13,63222$13,632$6,886$15,499
2020$197,288$40,306$30,905$13,26620—$6,486$13,632
2019$186,590$28,546$30,248$12,44319—$6,142$13,266

Under IRS private-foundation payout rules, Rostro Foundation reported a distributable amount of $1K for 2023 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Rostro Foundation is led by Mary Pasco, President on every filing since 2019; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Mary Pasco

    President

    On filings since 2019

    $15K (2019) → $0 (2023)

  • John Pasco

    Secretary & Treasurer

    On filings since 2019

    No compensation reported

  • Samuel T. Pasco

    Vice President

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Mary Pasco — President: $15KMary PascoPresident$15K

The highest reported compensation on the 2022 filing was $15K, to Mary Pasco (President).

Frequently asked questions about Rostro Foundation

How much does Rostro Foundation give each year?

Rostro Foundation gave $289K across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $16K across 23 grants.

Where does Rostro Foundation operate?

Rostro Foundation has awarded grants in Alabama, California, District of Columbia, Kansas, Massachusetts, Virginia.

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

Private foundations must generally distribute about 5% of their assets annually. For 2023, Rostro Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rostro Foundation's EIN?

Rostro Foundation's EIN (Employer Identification Number) is 54-1842038. IRS Form 990 filing data is available on this page for 2019–2023.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
  2. IRS filings on file for fiscal years 2020–2023

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Rostro 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.

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