Rostan Family Foundation

Organization Overview

Rostan Family Foundation is located in Valdese, NC. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rostan Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Rostan Family Foundation generated $699.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $581.5k during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Rostan Family Foundation has awarded 187 individual grants totaling $3,827,350. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $280,024
Net Rental Income$0
Net Gain on Sale of Assets $419,428
Capital Gain Net Income $419,428
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $699,452

Grants Awarded

Over the last fiscal year, Rostan Family Foundation has awarded $540,000 in support to 34 organizations.

Grant RecipientAmount

GOOD SAMARITAN CLINIC

Org PageRecipient Profile

Morganton, NC

PURPOSE: PHILANTHROPIC

$107,000

WALDENSIAN PRESBYTERIAN CHURCH

Org PageRecipient Profile

Valdese, NC

PURPOSE: PHILANTHROPIC

$50,000

TOWN OF VALDESE

PURPOSE: PHILANTHROPIC

$50,000

LAKE JAMES STATE PARK

PURPOSE: PHILANTHROPIC

$45,000

FOOTHILLS CONSERVANCY OF NC INC

PURPOSE: PHILANTHROPIC

$35,000

COMMUNITY FOUNDATION OF BURKE COUNTY

PURPOSE: PHILANTHROPIC

$30,000
View Grant Profile

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