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Rust Foundation

Foundation · Grantmaker DOVER, DE EIN: 85-4376974 Website

THE PRIMARY PURPOSE OF THE RUST FOUNDATION IS TO: (A) SUPPORT AND PROMOTE THE RUST PROJECT, WHICH IS THE PRINCIPAL DEVELOPER OF THE RUST PROGRAMMING LANGUAGE, (B) SUPPORT THE PROMOTION, MAINTENANCE AND DEVELOPMENT, AND SECURITY OF THE RUST PROGRAMMING LANGUAGE AND OTHER PROJECTS SUPPORTING THE RUST LANGUAGE AND THE BROADER RUST ECOSYSTEM; (C) CULTIVATE THE RUST PROJECT TEAM MEMBERS AND USER COMMUNITIES, INCLUDING BY PRODUCING EVENTS; (D) MANAGE THE TECHNICAL INFRASTRUCTURE UNDERLYING THE DEVELOPMENT OF RUST; (E) MANAGE AND STEWARD THE RUST TRADEMARK AND OTHER ASSETS OF THE FOUNDATION; AND (F) UNDERTAKE SUCH OTHER ACTIVITIES AS MAY FROM TIME TO TIME BE APPROPRIATE TO FURTHER THE PURPOSES AND ACHIEVE THE GOALS SET FORTH ABOVE.

Key facts about Rust Foundation

EIN
85-4376974
Latest 990 filing
Form 990-PF, 2024
Total assets
$4,694,373

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.7M

+25.6% YoY

Revenue

$4.3M

+70.1% YoY

Net Investment Income

$176K

Expenses

$3.8M

+23.4% YoY

About Rust Foundation

Based on IRS filings

Rust Foundation is a nonprofit organization, based in DOVER, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.7M in total assets. Net investment income was $176K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Concord

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M2021202220232024
Metric202420232022
Total Assets$4,694,373$3,736,867$2,993,908
Revenue$4,289,364$2,521,299$2,818,843
Expenses$3,794,143$3,074,941$1,931,697
Qualifying Distributions———
Net Investment Income$176,154——
Distributable Amount———

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$12K0 grants20211 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

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

Open Grants

5 open opportunities from Rust Foundation

Show all 5 →

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

WALTER PEARCESECURITY ENGINEER$308KJOEL MARCEYDIRECTOR OF TECHNOLOGY$255K

From 2024 filing

NameTitleHoursCompensation
LARS BERGSTROMCHAIR5—
NELL SHAMRELL-HARRINGTONVICE CHAIR3—
SCOTT MCMURRAYTREASURER3—
ERIC GARCIASECRETARY3—
RYAN LEVICKDIRECTOR3—
PEIXIN HOUDIRECTOR3—
SETH MARKLEDIRECTOR3—
JAKOB DEGENDIRECTOR3—
SANTIAGO PASTORINODIRECTOR3—
ALEXANDRU RADOVICIDIRECTOR (FROM 2/2024)3—
CAROL NICHOLSDIRECTOR (FROM 11/2024)3—
ANDY WAFAADIRECTOR (THRU 2/2024)3—
MARK ROUSSKOVDIRECTOR (THRU 10/2024)3—
REBECCA RUMBULEXECUTIVE DIRECTOR38—
PAUL LENZDIRECTOR OF FINANCE & FUNDING23—
JOEL MARCEYDIRECTOR OF TECHNOLOGY40$255,279
WALTER PEARCESECURITY ENGINEER40$308,247
TOBIAS BIENIEKSOFTWARE ENGINEER40—
JAN DAVID NOSELEAD INFRASTRUCTURE ENGINEER40—
ADAM HARVEYSOFTWARE ENGINEER40—

Frequently Asked Questions

How large is Rust Foundation?

As of 2024, Rust Foundation holds $4.7M in total assets with $4.3M in annual revenue.

Where does Rust Foundation operate?

Rust Foundation has awarded grants in California.

What is Rust Foundation's EIN?

Rust Foundation's EIN (Employer Identification Number) is 85-4376974. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

Browse active grant opportunities in Rust Foundation's focus areas in our free grants database

Similar Funders

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More Funders in Delaware

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

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