//
Also known as: FOUNDATION INC
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Theresa Alessandra Russo Foundation Inc. is a private corporation based in LIDO BEACH, NY. The foundation received its IRS ruling in 2015. The principal officer is Russo Law Group Pc. It holds total assets of $2.4M. Annual income is reported at $432K. Total assets have grown from $304K in 2011 to $2.5M in 2023. The foundation is governed by 4 officers and trustees. The foundation accomplishes its charitable purposes through a program of making charitable gifts and grants.the foundation does not conduct any direct charitable. Tax records are available from 2015 to 2023. Grantmaking is concentrated in New York. According to available records, Theresa Alessandra Russo Foundation Inc. has made 95 grants totaling $474K, with a median grant of $5K. Annual giving has grown from $163K in 2021 to $297K in 2022. Individual grants have ranged from $100 to $30K, with an average award of $5K. The foundation has supported 48 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, Illinois, which account for 74% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
Theresa Alessandra Russo Foundation Inc. reported 90 individual grants totaling $474,374 between 2021 and 2022 across its IRS Form 990-PF filings, with a median grant of $5,000. Half of those grants fell between $4,000 and $6,000. Its largest single grant in the record was $29,678. Its most recent available filing, for fiscal year 2023, reports $327,208 in total giving.
Grantmaking is concentrated in NY, which received 59 of the 90 grants on record (66 percent). In total the foundation's grantees span 15 states. Of its 48 distinct grantees, 65 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Attack Theatre ($21,000), Special Olympics Of New York Inc ($17,800) and The Children's Learning Center ($16,380).
Computed from 90 individual grant records (2021–2022) in this foundation's IRS Form 990-PF Part XV filings, reaching 15 states. Source: IRS 990-PF.
Smallest Grant
$100
Median Grant
$5K
Average Grant
$6K
Largest Grant
$30K
Based on 28 grants from the most recent 990-PF filing.
The foundation accomplishes its charitable purposes through a program of making charitable gifts and grants.the foundation does not conduct any direct charitable
Activities. Hence, there are no expenses in connection with direct charitable activities.
The foundation accomplishes its charitable purposes through a program of making charitable gifts and grants.the foundation does not conduct any direct charitable. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in NY, PA, IL.
Theresa Alessandra Russo Foundation Inc. has distributed a total of $474K across 95 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $100 to $30K.
Applicants may request awards for creative arts and recreation projects which benefit the growth, development and general well being of children with special needs.
Theresa Alessandra Russo Foundation Inc. is headquartered in LIDO BEACH, NY. While based in NY, the foundation distributes grants to organizations across 15 states.
Get a weekly digest of new grants for organizations like yours
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan S Russo | PRESIDENT | $80K | $0 | $80K |
| Elizabeth Einhardt | VICE PRESIDENT | $51K | $0 | $51K |
| Vincent J Russo | TREASURER | $0 | $0 | N/A |
| Judy Murdaugh Jackson | SECRETARY | $0 | $0 | N/A |
Total Giving
$327K
Total Assets
$2.5M
Fair Market Value
$3M
Net Worth
$2.5M
Grants Paid
$146K
Contributions
$281K
Net Investment Income
$82K
Distribution Amount
$139K
Total: $2.5M
Total Grants
95
Total Giving
$474K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
48
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Special Olympics Of New York IncTO FUND VARIOUS PROGRAMS | New York, NY | $9K | 2022 |
| The Children'S Learning CenterTO FUND VARIOUS PROGRAMS | Roosevelt, NY | $8K | 2022 |
| Attack TheatreTO FUND VARIOUS PROGRAMS | Pittsburgh, PA | $8K | 2022 |
| Kids Enjoy Exercise Now (Keen) ChicagoTO FUND VARIOUS PROGRAMS | Chicago, IL | $8K | 2022 |
| Baby Fingers LlcTO FUND VARIOUS PROGRAMS | New York, NY | $8K | 2022 |
| United Cerebral Palsy Of Sacramento And Northern CaliforniaTO FUND VARIOUS PROGRAMS | Sacaramento, CA | $7K | 2022 |
| National Dance InstituteTO FUND VARIOUS PROGRAMS | New York, NY | $7K | 2022 |
| Share The VoiceTO FUND VARIOUS PROGRAMS | Nesconset, NY | $6K | 2022 |
| AcdsTO FUND VARIOUS PROGRAMS | Plainview, NY | $6K | 2022 |
| Pal Of Mine EquestrianTO FUND VARIOUS PROGRAMS | Islandia, NY | $5K | 2022 |
| Saint John'S School Of The ArtsTO FUND VARIOUS PROGRAMS | Williamsport, PA | $5K | 2022 |
| St Mary'S Foundation For ChildrenTO FUND VARIOUS PROGRAMS | Bayside, NY | $5K | 2022 |
| Theatre AdventureTO FUND VARIOUS PROGRAMS | West Brattleboro, VT | $5K | 2022 |
| Michigan Arts AccessTO FUND VARIOUS PROGRAMS | Detroit, MI | $5K | 2022 |
| Aspiring AttitudesTO FUND VARIOUS PROGRAMS | Oklahoma City, OK | $5K | 2022 |
| Nassau Parks ConservancyTO FUND VARIOUS PROGRAMS | East Meadow, NY | $5K | 2022 |
| Hear Your Song IncTO FUND VARIOUS PROGRAMS | New York, NY | $5K | 2022 |
| HorseabilityTO FUND VARIOUS PROGRAMS | Old Westbury, NY | $5K | 2022 |
| Morgan'S WonderlandTO FUND VARIOUS PROGRAMS | San Antonio, TX | $5K | 2022 |
| Positive Community ConnectionsTO FUND VARIOUS PROGRAMS | Northport, NY | $5K | 2022 |
| Winters Center For Autism IncTO FUND VARIOUS PROGRAMS | West Babylon, NY | $5K | 2022 |
| Aim Services IncTO FUND VARIOUS PROGRAMS | Saratoga Springs, NY | $5K | 2022 |
| Gigi'S PlayhouseTO FUND VARIOUS PROGRAMS | New York, NY | $5K | 2022 |
| Sherry WallackTO PROVIDE SUPPORT | Great Neck, NY | $4K | 2022 |
| Cerebral Palsey Accociation Of Nassau County IncTO FUND VARIOUS PROGRAMS | Roosevelt, NY | $4K | 2022 |