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Richard B Russell Foundation Inc. is a private corporation based in ORLANDO, FL. The foundation received its IRS ruling in 1970. The principal officer is Suntrust Banks. It holds total assets of $6.6M. Annual income is reported at $2.2M. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Richard B Russell Foundation Inc. has made 2 grants totaling $611K, with a median grant of $305K. Annual giving has grown from $276K in 2021 to $335K in 2022. Individual grants have ranged from $276K to $335K, with an average award of $305K. Grant recipients are concentrated in Georgia. 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.
Richard B Russell Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in GA.
Richard B Russell Foundation Inc. has distributed a total of $611K across 2 grants. The median grant size is $305K, with an average of $305K. Individual grants have ranged from $276K to $335K.
Richard B Russell Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Richard B Russell Foundation Inc. is headquartered in ORLANDO, FL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hugh Peterson | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$336K
Total Assets
$5.3M
Fair Market Value
$6.3M
Net Worth
$5.3M
Grants Paid
$298K
Contributions
N/A
Net Investment Income
$131K
Distribution Amount
$292K
Total: $928K
Total Grants
2
Total Giving
$611K
Average Grant
$305K
Median Grant
$305K
Unique Recipients
1
Most Common Grant
$335K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Georgia FoundationGENERAL OPERATING | Athens, GA | $335K | 2022 |