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Robert Russell Memorial Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1985. The principal officer is Northern Trust Company. It holds total assets of $11.4M. Annual income is reported at $5.6M. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Robert Russell Memorial Foundation has made 2 grants totaling $1.6M, with a median grant of $781K. Grant recipients are concentrated in Illinois. 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.
Robert Russell Memorial Foundation 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 IL.
Robert Russell Memorial Foundation has distributed a total of $1.6M across 2 grants. The median grant size is $781K, with an average of $781K. Individual grants have ranged from $781K to $781K.
Robert Russell Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
Robert Russell Memorial Foundation is headquartered in CHICAGO, IL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Norman H Lipoff Esq | CO-TRUSTEE | $144K | $0 | $144K |
| Northern Trust Company | CO-TRUSTEE | $87K | $0 | $87K |
Total Giving
$1.1M
Total Assets
$11.1M
Fair Market Value
$14.6M
Net Worth
$11.1M
Grants Paid
$781K
Contributions
N/A
Net Investment Income
$206K
Distribution Amount
$706K
Total: $10.8M
Total Grants
2
Total Giving
$1.6M
Average Grant
$781K
Median Grant
$781K
Unique Recipients
1
Most Common Grant
$781K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various EntitiesVARIOUS | Chicago, IL | $781K | 2023 |