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Also known as: FOUNDATION
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The@Michael H And Lois J Russell Family Foundation is a private trust based in ELBERTA, AL. The foundation received its IRS ruling in 2000. It holds total assets of $796K. Annual income is reported at $130K. Total assets have grown from $622K in 2011 to $768K 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. Funding is distributed across 4 states, including Alabama, Ohio, Louisiana. According to available records, The@Michael H And Lois J Russell Family Foundation has made 30 grants totaling $142K, with a median grant of $5K. Annual giving has grown from $54K in 2020 to $88K in 2022. Individual grants have ranged from $2K to $10K, with an average award of $5K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Alabama, Pennsylvania, Louisiana, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$10K
Based on 10 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.
The@Michael H And Lois J Russell Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in AL, PA, LA.
The@Michael H And Lois J Russell Family Foundation has distributed a total of $142K across 30 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $2K to $10K.
The@Michael H And Lois J Russell Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The@Michael H And Lois J Russell Family Foundation is headquartered in ELBERTA, AL. While based in AL, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Russell | TRUSTEE | $0 | $0 | N/A |
| Lois Russell | TRUSTEE | $0 | $0 | N/A |
Total Giving
$47K
Total Assets
$768K
Fair Market Value
$836K
Net Worth
$768K
Grants Paid
$44K
Contributions
N/A
Net Investment Income
$47K
Distribution Amount
$39K
Total: $747K
Total Grants
30
Total Giving
$142K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lillian United Methodist ChurchOPERATING FUND | Lillian, AL | $5K | 2022 |
| Lillian Perdido Bay LibraryOPERATING FUND | Lillian, AL | $5K | 2022 |
| Lillian Volunteer Fire DeptOPERATING FUND | Lillian, AL | $5K | 2022 |
| Baldwin Co Sheriff'S Boys RanchOPERATING FUND | Summerdale, AL | $5K | 2022 |
| World War Ii MuseumOPERATING FUND | New Orleans, LA | $5K | 2022 |
| Lillian Recreational Park IncOPERATING FUND | Lillian, AL | $5K | 2022 |
| Salvation Army Of Coastal AlabamaOPERATING FUND | Mobile, AL | $5K | 2022 |
| Ymca Camp FitchOPERATING FUND | New Springfield, PA | $5K | 2022 |
| Mary'S ShelterOPERATING FUND | Elberta, AL | $2K | 2022 |
| Episcopal Church Of The AdventOPERATING FUND | Lillian, AL | $2K | 2022 |
| Great Trail Council BsaOPERATING FUND | Stow, OH | $3K | 2020 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL