Rosemary and Ted Lassiter Foundation
EIN 650118648Total Given 2019–2024
$2.0M
69 grants · $330K avg/year
based on 6 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$15K
typical small grants · $10K–$40K
grant size
79%
deep partner · 19/24 multi-year
repeat
$2.2M
Assets (2024)
24
Distinct Recipients
About
VOLUNTARY DISSOLUTION WAS COMPLETED ON APRIL 22, 2025. ALL OF THE FOUNDATION'S REMAINING ASSETS ARE DISTRIBUTED AS A LIQUIDATING GRANT TO THE SCHWAB CHARITABLE FUND.
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
(302) 654-9697
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2019 | $235K | $3.1M | $224K | 18 |
| 2020 | N/A | $2.8M | $509K | N/A |
| 2021 | $335K | $3.9M | $523K | 18 |
| 2023 | $1.1M | $1.8M | $-808K | 19 |
| 2024 | $351K | $2.2M | $5K | 14 |
| 2025 | N/A | $0 | $7K | N/A |
Grant Size Distribution
Based on 69 grants on record
Minimum
$1K
25th Pctl
$10K
Median
$15K
Average
$29K
75th Pctl
$40K
Maximum
$125K
Geographic Distribution
Officers & Directors
TL
Ted Lassiter
6+ yrs
Vice President/Director
Leadership
RL
Rosemary Lassiter
6+ yrs
President/Director
Leadership
RL
Rosemary Lassiter
6+ yrs
President/Director
Leadership
TL
Ted Lassiter
6+ yrs
Vice President/Director
Leadership
RL
Rosemary Lassiter
6+ yrs
President/Director
Leadership
TL
Ted Lassiter
6+ yrs
Vice President/Director
Leadership
TL
Ted Lassiter
6+ yrs
Vice President/Director
Leadership
RL
Rosemary Lassiter
6+ yrs
President/Director
Leadership
RL
Rosemary Lassiter
6+ yrs
President/Director
Leadership
TL
Ted Lassiter
6+ yrs
Vice President/Director
Leadership
RL
Rosemary Lassiter
6+ yrs
President/Director
Leadership
TL
Ted Lassiter
6+ yrs
Vice President/Director
Leadership
Grants Awarded (69 total)
| Purpose | ||||
|---|---|---|---|---|
| Serviam Academy | New Castle, DE | $125,000 | SUPPORT | 2023 |
| Greenpeace Usa | Washington, DC | $110,000 | SUPPORT | 2023 |
| Salesianum School for Boys | Wilmington, DE | $100,000 | SUPPORT | 2023 |
| The Little Sisters of the Poor | Newark, DE | $100,000 | SUPPORT | 2023 |
| University of Delaware | Newark, DE | $100,000 | SUPPORT | 2023 |
| Eckerd Connects | Clearwater, FL | $100,000 | SUPPORT | 2023 |
| Eckerd Connects | Clearwater, FL | $100,000 | SUPPORT | 2024 |
| Serviam Girls Academy | Wilmington, DE | $75,000 | SUPPORT | 2024 |
| Nativity Prep | Wilmington, DE | $60,000 | SUPPORT | 2023 |
| Serviam Girls Academy | New Castle, DE | $50,000 | SUPPORT | 2019 |
| Serviam Girls Academy | Wilmington, DE | $50,000 | SUPPORT | 2021 |
| Salesianum School for Boys | Wilmington, DE | $50,000 | SUPPORT | 2024 |
| Greenpeace Usa | Washington, DC | $48,000 | SUPPORT | 2021 |
| Salesianum School for Boys | Wilmington, DE | $40,000 | SUPPORT | 2021 |
| The Little Sisters of the Poor | Newark, DE | $40,000 | SUPPORT | 2021 |
| Boys and Girls Clubs of Delaware | Wilmington, DE | $40,000 | SUPPORT | 2023 |
| Father Trainor Scholarship Fund | Wilmington, DE | $40,000 | SUPPORT | 2023 |
| Food Bank of Delaware | Newark, DE | $40,000 | SUPPORT | 2023 |
| Salvation Army | Wilmington, DE | $40,000 | SUPPORT | 2023 |
| Kids With Confidence | Wilmington, DE | $36,000 | SUPPORT | 2023 |
| Greenpeace | Washington, DC | $30,000 | SUPPORT | 2019 |
| Salesianum School for Boys | Wilmington, DE | $30,000 | SUPPORT | 2019 |
| Artists Space | New York, NY | $30,000 | SUPPORT | 2023 |
| Dian Fossey Gorilla Fund International | Atlanta, GA | $30,000 | SUPPORT | 2023 |
| Limen House Inc | Wilmington, DE | $30,000 | SUPPORT | 2023 |