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Maurice And Lena Russo Fam Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2015. The principal officer is Albert Russo. It holds total assets of $9.9M. Annual income is reported at $316K. Total assets have grown from $25K in 2014 to $9.9M in 2024. 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 2024. Grantmaking is concentrated in New York. According to available records, Maurice And Lena Russo Fam Foundation has made 408 grants totaling $1.6M, with a median grant of $3K. Annual giving has grown from $380K in 2020 to $803K in 2022. Individual grants have ranged from $100 to $35K, with an average award of $4K. The foundation has supported 188 unique organizations. The foundation primarily supports organizations in New York, New Jersey, California, which account for 63% of all grants. Grantmaking reaches organizations across 19 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$7K
Largest Grant
$30K
Based on 56 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.
Maurice And Lena Russo Fam Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 408 grants. Its grantmaking reaches organizations primarily in NY, NJ, CA.
Maurice And Lena Russo Fam Foundation has distributed a total of $1.6M across 408 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $100 to $35K.
Maurice And Lena Russo Fam Foundation typically selects its grantees rather than accepting unsolicited proposals.
Maurice And Lena Russo Fam Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 19 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Albert V Russo | Director | $0 | $0 | N/A |
| Clifton Russo | Director | $0 | $0 | N/A |
| Lawrence Russo | Director | $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
408
Total Giving
$1.6M
Average Grant
$4K
Median Grant
$3K
Unique Recipients
188
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Friends Of The Wingate InstituteCharitable | San Diego, CA | $35K | 2022 |
| Friends Of AsorCharitable | Alexandria, VA | $15K | 2022 |
| Friends Of The Israel Defense ForcesCharitable | New York, NY | $15K | 2022 |
| Colel ChabadCharitable | Brooklyn, NY | $15K | 2022 |
| GlaorgCharitable | Stamford, CT | $10K | 2022 |
| The Sephardic TempleCharitable | Cedarhurst, NY | $10K | 2022 |
| Gabrielle'S AngelsCharitable | New York, NY | $6K | 2022 |
| WwwjtccorgCharitable | College Park, MD | $6K | 2022 |
| Jewish National FundCharitable | New York, NY | $5K | 2022 |
| Unicef UsaCharitable | New York, NY | $5K | 2022 |
| Michael J Fox FoundationCharitable | New York, NY | $5K | 2022 |
| Shriners Childrens HospitalCharitable | Tampa, FL | $5K | 2022 |
| American Friendsa Of Beit Issie ShapiroCharitable | New York, NY | $5K | 2022 |
| St Jude Chilrens HospitalCharitable | Memphis, TN | $5K | 2022 |
| AmericaresCharitable | Stamford, CT | $5K | 2022 |
| Afmda Magen David AdomCharitable | New York, NY | $5K | 2022 |
| City HarvestCharitable | New York, NY | $5K | 2022 |
| Feeding AmericaCharitable | Chicago, IL | $5K | 2022 |
| Lustgarten FoundationCharitable | Woodbury, NY | $5K | 2022 |
| American Friends Of Magen David AdomCharitable | New York, NY | $5K | 2022 |
| American Society For Yad VashemCharitable | New York, NY | $5K | 2022 |
| Food Bank NycCharitable | New York, NY | $5K | 2022 |
| Wounded Warrior ProjectCharitable | Jacksonville, FL | $5K | 2022 |
| American Friends Of Turkish JewryCharitable | New York, NY | $5K | 2022 |
| St JudeCharitable | Memphis, TN | $5K | 2022 |