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Rust Foundation

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.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$3.7M

+24.8% YoY

Revenue

$2.5M

-10.6% YoY

Net Investment Income

Expenses

$3.1M

+59.2% 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 2023. As of 2023, the organization holds $3.7M in total assets.

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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$846K$2M$3M$3M202120222023
Metric202320222021
Total Assets$3,736,867$2,993,908$1,745,498
Revenue$2,521,299$2,818,843$2,074,961
Expenses$3,074,941$1,931,697$626,157
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$12K0 grants20211 grants20220 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2023

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 .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

WALTER PEARCESECURITY ENGINEER$262KJOEL MARCEYDIRECTOR OF TECHNOLOGY$244KGRACIE GREGORYDIRECTOR OF MARKETING/COMMUN…$136K

From 2023 filing

NameTitleHoursCompensation
LARS BERGSTROMCHAIR5
NELL SHAMRELL-HARRINGTONVICE CHAIR2.5
ANDY WAFAATREASURER2.5
MARK ROUSSKOVSECRETARY2.5
RYAN LEVICKDIRECTOR2.5
PEIXIN HOUDIRECTOR2.5
ERIC GARCIADIRECTOR2.5
SETH MARKLEDIRECTOR2.5
SCOTT MCMURRAYDIRECTOR (FROM 9/2023)2.5
JAKOB DEGENDIRECTOR (FROM 9/2023)2.5
SANTIAGO PASTORINODIRECTOR (FROM 9/2023)2.5
STEPHEN CHINDIRECTOR (THRU 8/2023)2.5
JOSH STONEDIRECTOR (THRU 9/2023)2.5
TYLER MANDRYDIRECTOR (THRU 9/2023)2.5
JANE LOSARE-LUSBYDIRECTOR (THRU 9/2023)2.5
REBECCA RUMBULEXECUTIVE DIRECTOR37.5
PAUL LENZDIRECTOR OF FINANCE & FUNDING30
JOEL MARCEYDIRECTOR OF TECHNOLOGY40$243,628
GRACIE GREGORYDIRECTOR OF MARKETING/COMMUNICATIONS40$136,099
WALTER PEARCESECURITY ENGINEER40$261,741
ADAM HARVEYSOFTWARE ENGINEER (FROM 2/2023)40
ABI BROOMDIRECTOR OF OPERATIONS38

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

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