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Bangs Russell Foundation is a private corporation based in WILLIAMSBURG, VA. The foundation received its IRS ruling in 2004. The principal officer is Trust Co Of Va. It holds total assets of $5.2M. Annual income is reported at $1.4M. Total assets have grown from $3.7M in 2011 to $5.7M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including New York, Virginia, California. According to available records, Bangs Russell Foundation has made 80 grants totaling $2.6M, with a median grant of $25K. The foundation has distributed between $641K and $676K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $676K distributed across 17 grants. Individual grants have ranged from $5K to $100K, with an average award of $33K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Virginia, New York, Georgia, which account for 51% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$35K
Average Grant
$35K
Largest Grant
$100K
Based on 19 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bangs Russell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 80 grants. Its grantmaking reaches organizations primarily in VA, NY, GA.
Bangs Russell Foundation has distributed a total of $2.6M across 80 grants. The median grant size is $25K, with an average of $33K. Individual grants have ranged from $5K to $100K.
Bangs Russell Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bangs Russell Foundation is headquartered in WILLIAMSBURG, VA. While based in VA, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth R Ogburn | PRESIDENT | $0 | $0 | N/A |
| William F Russell | DIRECTOR | $0 | $0 | N/A |
| Barbara R Valenti | SECRETARY | $0 | $0 | N/A |
Total Giving
$702K
Total Assets
$5.7M
Fair Market Value
$7.2M
Net Worth
$5.7M
Grants Paid
$646K
Contributions
N/A
Net Investment Income
$94K
Distribution Amount
$351K
Total: $5.7M
Total Grants
80
Total Giving
$2.6M
Average Grant
$33K
Median Grant
$25K
Unique Recipients
27
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Habitat For HumanityOPERATIONS | Atlanta, GA | $100K | 2023 |
| Doctors Without Borders UsaOPERATIONS | New York, NY | $50K | 2023 |
| Samaritan'S PurseOPERATIONS | Boone, NC | $50K | 2023 |
| The Salvation ArmyOPERATIONS | Alexandria, VA | $50K | 2023 |
| Drury University OfOPERATIONS | Springfield, MO | $50K | 2023 |
| American Red CrossOPERATIONS | Richmond, VA | $50K | 2023 |
| T2t FoundationOPERATIONS | Staten Island, NY | $40K | 2023 |
| World VisionOPERATIONS | Tacoma, WA | $31K | 2023 |
| Mission House MinistriesOPERATIONS | Umatilla, FL | $30K | 2023 |
| Sankara Eye FoundationOPERATIONS | Milpitas, CA | $25K | 2023 |
| Convoy Of HopeOPERATIONS | Springfield, MO | $25K | 2023 |
| Youth Aeronautics Educational FoundationOPERATIONS | Mattaponi, VA | $25K | 2023 |
| AmericaresOPERATIONS | Stamford, CT | $25K | 2023 |
| Bridges To Prosperity IncOPERATIONS | Yorktown, VA | $25K | 2023 |
| Helen Keller InternationalOPERATIONS | New York, NY | $20K | 2023 |
| Groton Central High SchoolOPERATIONS | Groton, NY | $16K | 2023 |
| James City Chapel CemeteryOPERATIONS | Toano, VA | $10K | 2023 |
| Fistula FoundationOPERATIONS | San Jose, CA | $10K | 2023 |
| Virginia Peninsula Regional JailOPERATIONS | Williamsburg, VA | $10K | 2023 |
| Education Through MusicOPERATIONS | New York, NY | $5K | 2023 |
| Drury University Of InternationalOPERATIONS | Springfield, MO | $50K | 2022 |