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Russo Family Charitable Foundation is a private corporation based in ORCHARD PARK, NY. The foundation received its IRS ruling in 1989. It holds total assets of $5M. Annual income is reported at $7.5M. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Russo Family Charitable Foundation has made 72 grants totaling $1.3M, with a median grant of $10K. The foundation has distributed between $280K and $676K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $676K distributed across 34 grants. Individual grants have ranged from $1K to $68K, with an average award of $18K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in New York, Tennessee, Florida, which account for 92% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$50K
Based on 20 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.
Russo Family Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 72 grants. Its grantmaking reaches organizations primarily in NY, TN, FL.
Russo Family Charitable Foundation has distributed a total of $1.3M across 72 grants. The median grant size is $10K, with an average of $18K. Individual grants have ranged from $1K to $68K.
Russo Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Russo Family Charitable Foundation is headquartered in ORCHARD PARK, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph L Russo | PRESIDENT | $0 | $0 | N/A |
| John A Russo | SECRETARY/TREASURER | $0 | $0 | N/A |
| Celia Russo | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$339K
Total Assets
$4.6M
Fair Market Value
$5.1M
Net Worth
$4.6M
Grants Paid
$316K
Contributions
N/A
Net Investment Income
$212K
Distribution Amount
$237K
Total: $911K
Total Grants
72
Total Giving
$1.3M
Average Grant
$18K
Median Grant
$10K
Unique Recipients
29
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Feedmore WnyGENERAL | Buffalo, NY | $50K | 2023 |
| Roswell Park Alliance FoundationMEDICAL | Buffalo, NY | $50K | 2023 |
| Mercy Hospital FoundationMEDICAL | Buffalo, NY | $25K | 2023 |
| Stephen Siller Tunnel To Towers FoundationGENERAL | Staten Island, NY | $25K | 2023 |
| Hospice Of BuffaloMEDICAL | Buffalo, NY | $25K | 2023 |
| The Jacobs InstituteMEDICAL | Buffalo, NY | $20K | 2023 |
| Kaleida Health FdnMEDICAL | Buffalo, NY | $20K | 2023 |
| John R Oishei Children'S HospitalMEDICAL | Buffalo, NY | $15K | 2023 |
| Project 33 Memorial FoundationEDUCATIONAL | Hamburg, NY | $15K | 2023 |
| Wings Of Flight HopeGENERAL | Orchard Park, NY | $10K | 2023 |
| Hamburg Volunteer Fire DepartmentGENERAL | Hamburg, NY | $10K | 2023 |
| Michael J Fox Fdn For ParkinsonMEDICAL | Hagerstown, MD | $10K | 2023 |
| Spca Erie CountyGENERAL | Tonawanda, NY | $10K | 2023 |
| Hamburg Police DeptPUBLIC SERVICE | Hamburg, NY | $10K | 2023 |
| Mercy FlightMEDICAL | Buffalo, NY | $5K | 2023 |
| Lothlorien Therapeutic Riding Center IncGENERAL | East Aurora, NY | $5K | 2023 |
| Children'S Hospital Of Buffalo FoundationMEDICAL | Buffalo, NY | $5K | 2023 |
| Warm The Children FundGENERAL | Higganum, CT | $3K | 2023 |
| Hamburg Alumni FoundationEDUCATIONAL | Hamburg, NY | $3K | 2023 |
| Dions DreamersGENERAL | Beverly Hills, CA | $1K | 2023 |
| St Jude'S Children'S Research HospitalMEDICAL | Memphis, TN | $30K | 2022 |
| Hospital Foundation WnyMEDICAL | Buffalo, NY | $25K | 2022 |
| Palm Beach Police DeptPUBLIC SERVICE | Palm Beach, FL | $10K | 2022 |
| Village Of HamburgGENERAL | Hamburg, NY | $5K | 2022 |
| Jdrf - Juvenile Diabetes FoundationMEDICAL | Buffalo, NY | $5K | 2022 |