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James Marion Russell Trust is a private trust based in EVANSVILLE, IN. The foundation received its IRS ruling in 2017. The principal officer is Old National Wealth Management. It holds total assets of $2M. Annual income is reported at $653K. The foundation is governed by 1 officer or trustee. 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 2018 to 2023. According to available records, James Marion Russell Trust has made 16 grants totaling $364K, with a median grant of $23K. The foundation has distributed between $77K and $198K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $198K distributed across 8 grants. Individual grants have ranged from $19K to $25K, with an average award of $23K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
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.
James Marion Russell Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in KY.
James Marion Russell Trust has distributed a total of $364K across 16 grants. The median grant size is $23K, with an average of $23K. Individual grants have ranged from $19K to $25K.
James Marion Russell Trust typically selects its grantees rather than accepting unsolicited proposals.
James Marion Russell Trust is headquartered in EVANSVILLE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $25K | $0 | $25K |
Total Giving
$108K
Total Assets
$2M
Fair Market Value
$2.4M
Net Worth
$2M
Grants Paid
$77K
Contributions
N/A
Net Investment Income
$213K
Distribution Amount
$108K
Total Grants
16
Total Giving
$364K
Average Grant
$23K
Median Grant
$23K
Unique Recipients
4
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United Methodist ChurchPROGRAM SUPPORT | Morganfield, KY | $19K | 2023 |
| The Methodist Home Of KentuckyPROGRAM SUPPORT | Nicholasville, KY | $19K | 2023 |
| Wesley Manor RetirementPROGRAM SUPPORT | Louisville, KY | $19K | 2023 |
| United Way Of Union County DbaPROGRAM SUPPORT | Owensboro, KY | $19K | 2023 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN