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Adelia Russell Charitable Foundation is a private corporation based in ALEX CITY, AL. The foundation received its IRS ruling in 1986. It holds total assets of $9.9M. Annual income is reported at $5.8M. Total assets have grown from $6.5M in 2011 to $9.9M in 2024. The foundation is governed by 3 officers and trustees. Contributions to charitable organizations and educational institutions and direct and indirect expenses related thereto. See part xiv for detail of organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Alabama. According to available records, Adelia Russell Charitable Foundation has made 6 grants totaling $190K, with a median grant of $10K. Individual grants have ranged from $5K to $80K, with an average award of $32K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Adelia Russell Charitable Foundation reported 6 individual grants totaling $190,000 in 2022 across its IRS Form 990-PF filings, with a median grant of $10,000. Half of those grants fell between $6,250 and $62,500. Its largest single grant in the record was $80,000. Its most recent available filing, for fiscal year 2023, reports $834,217 in total giving.
Grantmaking is concentrated in AL, which received 6 of the 6 grants on record (100 percent). Of its 3 distinct grantees, 100 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were University Of Alabama Libraries ($160,000), Benjamin Russell High School 12th Man ($20,000) and University Of Alabama Alumni Association ($10,000).
Computed from 6 individual grant records (2022) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$21K
Largest Grant
$100K
Based on 24 grants from the most recent 990-PF filing.
Contributions to charitable organizations and educational institutions and direct and indirect expenses related thereto. See part xv for detail of organizations.
Expenses: $531K
Contributions to charitable organizations and educational institutions and direct and indirect expenses related thereto. See part xiv for detail of organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in AL.
Adelia Russell Charitable Foundation has distributed a total of $190K across 6 grants. The median grant size is $10K, with an average of $32K. Individual grants have ranged from $5K to $80K.
Adelia Russell Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Adelia Russell Charitable Foundation is headquartered in ALEX CITY, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas Lamberth | DIRECTOR & SECRETARY | $10K | $0 | $10K |
| Benjamin Russell | DIRECTOR & PRESIDENT | $0 | $0 | N/A |
| Luanne Russell | DIRECTOR & VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9.9M
Fair Market Value
N/A
Net Worth
$9.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$190K
Average Grant
$32K
Median Grant
$10K
Unique Recipients
3
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Alabama LibrariesUNRESTRICTED | Tuscaloosa, AL | $80K | 2022 |
| Benjamin Russell High School 12th ManUNRESTRICTED | Alexander City, AL | $10K | 2022 |
| University Of Alabama Alumni AssociationDEDIE AND BILL HENDRIX ENDOWED SCHOLARSHIP | Tuscaloosa, AL | $5K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL