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Russo Family Foundation is a private corporation based in FORT WORTH, TX. The foundation received its IRS ruling in 2021. The principal officer is Anthony Russo. It holds total assets of $285K. Annual income is reported at $57K. Total assets have grown from $199K in 2020 to $289K in 2023. The foundation is governed by 2 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 2020 to 2023. According to available records, Russo Family Foundation has made 12 grants totaling $224K, with a median grant of $14K. The foundation has distributed between $41K and $137K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $137K distributed across 6 grants. Individual grants have ranged from $1K to $45K, with an average award of $19K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Texas, Tennessee, California, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. 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.
Russo Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TX, TN, CA.
Russo Family Foundation has distributed a total of $224K across 12 grants. The median grant size is $14K, with an average of $19K. Individual grants have ranged from $1K to $45K.
Russo Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Russo Family Foundation is headquartered in FORT WORTH, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jenifer Russo | President | $0 | $0 | N/A |
| Anthony Russo | Vice President | $0 | $0 | N/A |
Total Giving
$47K
Total Assets
$289K
Fair Market Value
$289K
Net Worth
$289K
Grants Paid
$46K
Contributions
$30K
Net Investment Income
N/A
Distribution Amount
$7K
Total Grants
12
Total Giving
$224K
Average Grant
$19K
Median Grant
$14K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christ ChapelCHARITABLE | Fort Worth, TX | $30K | 2023 |
| Texas Christian UniversityCHARITABLE | Fort Worth, TX | $15K | 2023 |
| Project BelovedCHARITABLE | Fort Worth, TX | $1K | 2023 |
| Ramsey Solutions - HopeCHARITABLE | Franklin, TN | $45K | 2022 |
| St John'S Program For Real ChangeCHARITABLE | Sacramento, CA | $10K | 2022 |
| Fellowship Baptist ChurchCHARITABLE | Fort Worth, TX | $30K | 2021 |
| Samaritan'S PurseCHARITABLE | Boone, NC | $1K | 2021 |