Bangs-russell Foundation Xxx-xx-xxxx
The Bangs-Russell Foundation is a private foundation established in 2004 in Virginia. Based in Williamsburg, Virginia, the foundation operates as a family foundation with a volunteer board and no paid staff. The organization is classified as a 501(c)(3) private foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.2M
-10.0% YoY
Annual Giving
$856K
+32.4% YoY
Grant Count
20
+0.0% YoY
Avg Grant Size
$43K
+32.4% YoY
Mission & Focus Areas
The foundation supports a diverse range of philanthropic priorities including:
- Education and higher education
- Community and economic development
- Housing development
- Religion and Christian initiatives
- Human services
- Disaster preparedness and relief
- COVID-19 relief efforts
- Church repairs and support for religious organizations
The foundation has demonstrated support for international humanitarian work, including operations funding for organizations engaged in global health and disaster response.
Grantmaking
The foundation does not accept unsolicited applications and operates on an invitation-only basis.
Grant Range
$35,000
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across multiple U.S. locations, including:
Cities: Alexandria, Atlanta, Boone, Groton, Mattaponi, Milpolis, New York, Richmond, San Jose, Santa Barbara, Springfield, Stamford, Staten Island, Tacoma, Toano, Umatilla, Williamsburg, and Yorktown
States: California, Connecticut, Florida, Georgia, Missouri, North Carolina, New York, Virginia, and Washington
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $5,166,384 to $5,742,636 (varying by reporting source and year)
2024 Financial Summary:
- Total assets: $5,166,384
- Total giving: $855,500
- Total expenses: $913,050
- Total revenues: $338,623
- Giving rate: 16.6% of assets
Historical Trends:
- 2023: $5.7M in assets, $646K in giving
- 2022: $6.3M in assets, $676K in giving
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,166,384 | $5,742,636 | $6,328,508 |
| Revenue | $338,623 | $107,826 | $330,077 |
| Expenses | $913,050 | $702,385 | $742,225 |
| Qualifying Distributions | $855,500 | $646,020 | $675,500 |
| Net Investment Income | $274,279 | $94,080 | $265,456 |
| Distributable Amount | $361,374 | $350,956 | $364,674 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
100 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a volunteer board:
- Elizabeth R. Ogburn – President
- William F. Russell – Director
- Barbara R. Valenti – Secretary
All board members serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIZABETH R OGBURN | PRESIDENT | 1 | — |
| WILLIAM F RUSSELL | DIRECTOR | 1 | — |
| BARBARA R VALENTI | SECRETARY | 1 | — |
Contact Information
Address: 4350 New Town Ave Ste 202, Williamsburg, VA 23188-2810
Telephone: 757-221-0044
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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