//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Russo Family Foundation is a private corporation based in PALM BCH GDNS, FL. The foundation received its IRS ruling in 2006. The principal officer is Marcy Russo. It holds total assets of $681K. Annual income is reported at $38K. Total assets have decreased from $1.4M in 2011 to $737K in 2023. 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 2021 to 2024. Grantmaking is concentrated in New York. According to available records, Russo Family Foundation has made 89 grants totaling $605K, with a median grant of $800. Annual giving has grown from $138K in 2021 to $325K in 2023. Individual grants have ranged from N/A to $100K, with an average award of $7K. The foundation has supported 42 unique organizations. The foundation primarily supports organizations in New York, Rhode Island, Massachusetts, which account for 75% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$772
Average Grant
$6K
Largest Grant
$100K
Based on 24 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 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 89 grants. Its grantmaking reaches organizations primarily in NY, RI, MA.
Russo Family Foundation has distributed a total of $605K across 89 grants. The median grant size is $800, with an average of $7K. Individual grants have ranged from N/A to $100K.
Russo Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Russo Family Foundation is headquartered in PALM BCH GDNS, FL. While based in FL, the foundation distributes grants to organizations across 10 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$135K
Total Assets
$737K
Fair Market Value
$737K
Net Worth
$737K
Grants Paid
$132K
Contributions
N/A
Net Investment Income
$30K
Distribution Amount
$30K
Total: $727K
Total Grants
89
Total Giving
$605K
Average Grant
$7K
Median Grant
$800
Unique Recipients
42
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mount Sinai Health SystemHealth services | New York, NY | $100K | 2023 |
| Institute For International Edinternational education | New York, NY | $30K | 2023 |
| Cornell UniverstiyCollege education | Ithaca, NY | $10K | 2023 |
| UjaCommunity services | New York, NY | $6K | 2023 |
| International Refugee Assistance PrRefugee assistance | New York, NY | $5K | 2023 |
| Jewish Fdn For Education Of WomenEducation scholarships | New York, NY | $3K | 2023 |
| Futures IgniteEducational services to underserved students | New York, NY | $2K | 2023 |
| Pan Mass ChallengeResearch on breast cancer | Needham, MA | $1K | 2023 |
| Fordham UniverstiyCollege education | Bronx, NY | $1K | 2023 |
| Barnard CollegeScholarship fund | New York, NY | $1K | 2023 |
| Adopt A FamilyFamily services | Lake Worth, FL | $800 | 2023 |
| Homework HelpersProviding computer centers | New York, NY | $700 | 2023 |
| Xaxier High SchoolEducational services | New York, NY | $500 | 2023 |
| EnginEnglish education of Ukrainian students | Wilmington, DE | $303 | 2023 |
| Children'S Home Society Of FloridaAssistance to families in need | West Palm Beach, FL | $250 | 2023 |
| Global Giving FoundationEmergency Aid for people in Ukraine | Washington Dc, DC | $200 | 2023 |
| Metropolitan Museum Of ArtSupport of the arts | New York, NY | $110 | 2023 |
| Stephen Wise Free SynagogueReligious purposes | New York, NY | $100 | 2023 |
| Peggy AdamsAssistance for shelter animals | West Palm Beach, FL | $100 | 2023 |
| Second NurtureFamily services | Glastonbury, CT | $100 | 2023 |
| Chabad Of Palm Beach GardensReligious programming | Palm Beach Gardens, FL | N/A | 2023 |
| Labshulreligious purpose | New York, NY | N/A | 2023 |
| HaggadotReligious purposes | Saratoga Springs, NY | N/A | 2023 |
| Food BankFood for those in need | New York, NY | $10K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL