Friend a Russ Fund Inc

Private foundation · Grantmaker Shelton, CT EIN: 06-6035481

Friend a Russ Fund Inc is a private foundation, based in Shelton, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 6 grants totaling $66K. Net investment income was $74K.

Key facts about Friend a Russ Fund Inc

In short: Friend a Russ Fund Inc gave $66K across 6 grants in 2025 (avg $11K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.

EIN
06-6035481
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$65,500
Grants made (2025)
6
Average grant
$10,917
Median grant
$12,000
Total assets
$1,311,510
Primary geography
Connecticut (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.3M

+3.5% YoY

Annual Giving

$66K

+2.4% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$11K

+2.4% YoY

Under IRS private-foundation payout rules, Friend a Russ Fund Inc reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.

How Friend a Russ Fund Inc gives

  • Giving held roughly steady from 2022 to 2025 (−1%). Method
  • In 2025 it paid out 105% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 6 itemized 2025 grant dollars.

States

Cities

DerbyAnsoniaSheltonHartfordNorth Haven

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K8 grants20198 grants20204 grants20215 grants20226 grants20236 grants20246 grants2025

From 2019 to 2025, annual grant giving ranged from $64K (2024) to $66K (2022). In 2025 it made 6 grants totaling $66K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Griffen Hospital: $25KGriffen Hospital$25KBoys & Girls Club of Lower Naugatuck Valley: $12KBoys & Girls Club of LowerNaugatuck Valley$12KDerbyshelton Rotary Clubarea Congregation Together Act: $12KDerbyshelton Rotary ClubareaCongregation Together Act$12KValley United Way: $12KValley United Way$12KHousatonic Bsa: $3KHousatonic Bsa$3KGirl Scouts of CT: $2KGirl Scouts of CT$2K

The largest 2025 recipient was Griffen Hospital ($25K). Together the top 6 received $66K.

Grant Size Distribution

27 grants across all recorded years

27<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 27 grants of 27 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Griffen Hospital Derby, CTCharitable$25,000
Boys & Girls Club of Lower Naugatuck Valley Shelton, CTCharitable$12,000
Derbyshelton Rotary Clubarea Congregation Together Act Derby, CTCharitable$12,000
Valley United Way Ansonia, CTCharitable$12,000
Housatonic Bsa Derby, CTCharitable$2,500
Girl Scouts of CT Hartford, CTCharitable$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019202020212022202320242025
Metric202520242023
Total Assets$1,311,510$1,267,348$1,105,213
Revenue$86,217$47,721$53,252
Expenses$81,193$74,868$74,723
Qualifying Distributions$65,500$63,950$64,000
Net Investment Income$73,837$38,600$44,622
Distributable Amount$62,478$57,878$52,631

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 12, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 23, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 11, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 11, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 12, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Friend a Russ Fund Inc is led by Thomas M. Sutnik, President & Trustee on every filing since 2019; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Thomas M. Sutnik

    President & Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Laura Donahue

    Secretary & Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lauren Casalveri

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Maureen Coffey

    Trustee

    Trustee & Treasurer → Trustee, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Thomas Wilson

    Trustee & Treasurer

    Trustee → Trustee & Treasurer, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Friend a Russ Fund Inc

How much does Friend a Russ Fund Inc give each year?

Friend a Russ Fund Inc gave $66K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $64K across 6 grants.

What is Friend a Russ Fund Inc's typical grant size?

Friend a Russ Fund Inc's median grant in 2025 was $12,000, and its average grant was $10,917, across 6 grants on its 2025 IRS Form 990-PF.

Where does Friend a Russ Fund Inc give grants?

Friend a Russ Fund Inc gives mostly in Connecticut: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Derby, CT (3 grants).

Does Friend a Russ Fund Inc give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Friend a Russ Fund Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (6 grants).

Who are Friend a Russ Fund Inc's largest grantees?

Friend a Russ Fund Inc's largest 2025 grantees include Griffen Hospital ($25,000), Boys & Girls Club of Lower Naugatuck Valley ($12,000) and Derbyshelton Rotary Clubarea Congregation Together Act ($12,000), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.

How large is Friend a Russ Fund Inc?

Friend a Russ Fund Inc reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $66K in qualifying distributions that year, against a required minimum of $62K (roughly 5% of its investment assets).

What is Friend a Russ Fund Inc's EIN?

Friend a Russ Fund Inc's EIN (Employer Identification Number) is 06-6035481. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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