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Also known as: CO PETER J RUSSO JR
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The@Peter & Mary Russo Family Foundation Inc. is a private corporation based in SURF CITY, NJ. The foundation received its IRS ruling in 2002. It holds total assets of $17.8M. Annual income is reported at $6.3M. Total assets have grown from $414K in 2011 to $17.8M in 2024. The foundation is governed by 3 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 2015 to 2024. The foundation primarily funds organizations in California, District of Columbia and New Jersey. According to available records, The@Peter & Mary Russo Family Foundation Inc. has made 124 grants totaling $2.6M, with a median grant of $20K. Annual giving has grown from $688K in 2020 to $1.3M in 2022. Individual grants have ranged from $3K to $100K, with an average award of $21K. The foundation has supported 43 unique organizations. The foundation primarily supports organizations in California, District of Columbia, Tennessee, which account for 57% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$23K
Largest Grant
$100K
Based on 29 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@Peter & Mary Russo Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 124 grants. Its grantmaking reaches organizations primarily in CA, DC, TN.
The@Peter & Mary Russo Family Foundation Inc. has distributed a total of $2.6M across 124 grants. The median grant size is $20K, with an average of $21K. Individual grants have ranged from $3K to $100K.
The@Peter & Mary Russo Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The@Peter & Mary Russo Family Foundation Inc. is headquartered in SURF CITY, NJ. While based in NJ, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter J Russo Jr | President | $89K | $0 | $89K |
| Marianne Nahin | Vice President | $0 | $0 | N/A |
| Nancy Mcdevitt | Vice President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$17.8M
Fair Market Value
N/A
Net Worth
$17.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
124
Total Giving
$2.6M
Average Grant
$21K
Median Grant
$20K
Unique Recipients
43
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Jude Children'S HospitalSUPPORT RESEARCH AND TREATMENT | Memphis, TN | $100K | 2022 |
| Hoag Hospital FoundationSUPPORT RESEARCH AND TREATMENT | Newport Beach, CA | $50K | 2022 |
| The Barack Obama FoundationFUNDING OF OPERATIONS | Chicago, IL | $45K | 2022 |
| Georgetown UniversitySUPPORT EDUCATION | Washington, DC | $30K | 2022 |
| Kure Ltl Inckure It CancerRESEARCH & FUNDING OF OPERATIONS | Irvine, CA | $30K | 2022 |
| Anthony Rizzo Family FoundationFUNDING OF OPERATIONS | Parkland, FL | $25K | 2022 |
| Dana-Farber Cancer InstituteRESEARCH & FUNDING OF OPERATONS | Boston, MA | $25K | 2022 |
| Physicians Committee For ResponsiblRESEARCH AND FUNDING OF OPERATIONS | Washington, DC | $25K | 2022 |
| Maximillian Drug Ed CharityFUNDING OF OPERATIONS | North Beach, NJ | $25K | 2022 |
| The College Of Nj Foundation TcnjPROVIDE SCHOLARSHIP ENDOWMENT FUNDING | Ewing, NJ | $25K | 2022 |
| Augies Quest To Cure AlsRESEARCH AND FUNDING OF OPERATIONS | Corona Del Mar, CA | $23K | 2022 |
| Hospice Of San Luis Obispo CorpFUNDING OF OPERATIONS. | San Luis Obispo, CA | $20K | 2022 |
| Harbor Day Endowment CorporationFUNDING OF OPERATIONS | Corona Del Mar, CA | $20K | 2022 |
| Coast Guard Foundation IncFUNDING OF SCHOLARSHIPS AND OPERATIONS | Stonington, CT | $20K | 2022 |
| Todd W Russell Scholarship Fund NjiFUNDING OF OPERATIONS | Newark, NJ | $20K | 2022 |
| Southern Ocean Medical Center FoundSUPPORT PUBLIC HOSPITAL | Edison, NJ | $20K | 2022 |
| Forest Stewardship Council I PFUNDING OF OPERATIONS | Seattle, WA | $15K | 2022 |
| Hoag Summer FestRESEARCH & FUNDING OF OPERATIONS. | Newport Beach, CA | $15K | 2022 |
| Community Fdn San Luis ObispoFUNDING OF OPERATIONS | San Luis Obispo, CA | $15K | 2022 |
| Greenpeace UsaFUNDING OF OPERATIONS | Washington, DC | $10K | 2022 |
| One Cool EarthFUNDING OF OPERATIONS | San Luis Obispo, CA | $10K | 2022 |
| One Tree Planted IncFUNDING OF OPERATIONS | Shelburne, VT | $10K | 2022 |
| California State Parks FoundationFUNDING OF OPERATIONS | San Francisco, CA | $10K | 2022 |
| Food Friends IncPROVIDE NUTRITIONAL SERVICES | Washington, DC | $10K | 2022 |
| Center For Biological Diversity IncFUNDING OF OPERATIONS | Tucson, AZ | $10K | 2022 |