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Tom Russell Charitable Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 1963. The principal officer is Foundation Source. It holds total assets of $29.7M. Annual income is reported at $7.9M. Total assets have grown from $14M in 2010 to $19.7M in 2022. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. The foundation primarily funds organizations in North Carolina, Illinois and Oklahoma. According to available records, Tom Russell Charitable Foundation Inc. has made 43 grants totaling $680K, with a median grant of $5K. Individual grants have ranged from $1K to $95K, with an average award of $16K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in North Carolina, New York, Illinois, which account for 67% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$16K
Largest Grant
$95K
Based on 43 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.
Tom Russell Charitable Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in NC, NY, IL.
Tom Russell Charitable Foundation Inc. has distributed a total of $680K across 43 grants. The median grant size is $5K, with an average of $16K. Individual grants have ranged from $1K to $95K.
Tom Russell Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Tom Russell Charitable Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Kirby Aiken | Dir, VP, Pres | $27K | $0 | $27K |
| David S Lindquist | Dir, Pres, Sec | $26K | $0 | $26K |
| John L Bishop | Dir, Treas, VP | $25K | $0 | $25K |
| Crawford Crenshaw | Dir, Sec, Treas | $20K | $0 | $20K |
Total Giving
$1M
Total Assets
$19.7M
Fair Market Value
$28.4M
Net Worth
$19.7M
Grants Paid
$660K
Contributions
N/A
Net Investment Income
$257K
Distribution Amount
$1.9M
Total Grants
43
Total Giving
$680K
Average Grant
$16K
Median Grant
$5K
Unique Recipients
40
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Juvenile Protective AssociationGeneral & Unrestricted | Chicago, IL | $5K | 2022 |
| Marcy Lab IncSupport the continued expansion of our Software Engineering Fellowship, specifically to nearly double our enrollment to 100 young people in the coming year while building the infrastructure | Brooklyn, NY | $95K | 2022 |
| Southeast Raleigh Charter Foundation IncGeneral & Unrestricted | Raleigh, NC | $82K | 2022 |
| Latino Educational Achievement Partnershipoperate two high-quality preschool programs as well as a tutoring program for older students | Durham, NC | $55K | 2022 |
| Chess-In-The-Schools IncTeachers will receive customized training and access to technology tools that allow offering chess instruction to students at their schools, at their own pace | New York, NY | $50K | 2022 |
| Erie Family Health Foundation Incenable Erie to leverage the return to in-person services, harness new technology, and collaborate with a new Youth Advisory committee to re-engage patients in care and reach increasing numbers of adolescents to address the trauma they have experienced | Chicago, IL | $50K | 2022 |
| Donka IncorporatedGeneral & Unrestricted | Wheaton, IL | $50K | 2022 |
| Colorado Upliftto support the Teaching/Mentoring Program | Denver, CO | $50K | 2022 |
| Se Raleigh Promise IncGeneral & Unrestricted | Raleigh, NC | $35K | 2022 |
| Partnership With Native AmericansGeneral & Unrestricted | Addison, TX | $20K | 2022 |
| Cleveland County Family Young Mens Christian AssocGeneral & Unrestricted | Norman, OK | $15K | 2022 |
| Duke UniversityCenter for Racial Healing and Transformation | Durham, NC | $15K | 2022 |
| Resurrection ProjectGeneral & Unrestricted | Chicago, IL | $15K | 2022 |
| Kipp Okc Public SchoolsGeneral & Unrestricted | Oklahoma City, OK | $13K | 2022 |
| Crazy Horse Memorial FoundationGeneral & Unrestricted | Crazy Horse, SD | $13K | 2022 |
| Friends Of The Mountains To SeaSupport Kate Dixon Legacy Campaign | Raleigh, NC | $10K | 2022 |
| Bridges Of Norman IncGeneral & Unrestricted | Norman, OK | $10K | 2022 |
| Center For Children And Families IncGeneral & Unrestricted | Norman, OK | $10K | 2022 |
| Inter-Faith Food ShuttleIn support of the nutrition programs at RISE Charter School | Raleigh, NC | $7K | 2022 |
| Growing Together PreschoolGeneral & Unrestricted | Raleigh, NC | $7K | 2022 |
| Thrive ScholarsExplore expansion of Thrive operations to the Triangle, NC | Boston, MA | $5K | 2022 |
| Hope Center At Pullen IncGeneral & Unrestricted | Raleigh, NC | $5K | 2022 |
| Triangle Community FoundationThis grant is to support the formation of the Triangle Impact Fund | Durham, NC | $5K | 2022 |
| Learning Trail IncGeneral & Unrestricted | Chapel Hill, NC | $5K | 2022 |
| Covenant Christian SchoolGeneral & Unrestricted | Aurora, IL | $5K | 2022 |
| Gads Hill CenterGeneral & Unrestricted | Chicago, IL | $5K | 2022 |
| Parent PossibleGeneral & Unrestricted | Denver, CO | $5K | 2022 |
| Central Oklahoma American Indian Health Council InGeneral & Unrestricted | Oklahoma City, OK | $5K | 2022 |
| Student UGeneral & Unrestricted | Durham, NC | $5K | 2022 |
| Calvary ChurchCalvary Christian School Support | Naperville, IL | $5K | 2022 |
| Interactprograms in school to support children | Raleigh, NC | $3K | 2022 |
| Center For Community Self-HelpGeneral & Unrestricted | Durham, NC | $2K | 2022 |
| Dorothea Dix Park ConservancyGeneral & Unrestricted | Raleigh, NC | $2K | 2022 |
| Colorado Womens Education FoundationGeneral & Unrestricted | Boulder, CO | $2K | 2022 |
| Colorado Coalition For The HomelessGeneral & Unrestricted | Denver, CO | $2K | 2022 |
| United Way Of The Greater Triangle IncGeneral & Unrestricted | Durham, NC | $1K | 2022 |
| Leelanau ConservancyGeneral & Unrestricted | Leland, MI | $1K | 2022 |
| Raleigh Charter High SchoolGeneral & Unrestricted | Raleigh, NC | $1K | 2022 |
| The Lotus Campaign IncGeneral & Unrestricted | Charlotte, NC | $1K | 2022 |
| The Young Mens Christian Association Of The TriangSupport the Southeast Raleigh Promise Initiatives of the Southeast Raleigh YMCA | Raleigh, NC | $1K | 2022 |