Friend a Russ Fund Inc
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
Share of all 6 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2025 recipient was Griffen Hospital ($25K). Together the top 6 received $66K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Griffen Hospital Derby, CT | Charitable | $25,000 |
| Boys & Girls Club of Lower Naugatuck Valley Shelton, CT | Charitable | $12,000 |
| Derbyshelton Rotary Clubarea Congregation Together Act Derby, CT | Charitable | $12,000 |
| Valley United Way Ansonia, CT | Charitable | $12,000 |
| Housatonic Bsa Derby, CT | Charitable | $2,500 |
| Girl Scouts of CT Hartford, CT | Charitable | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 12, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 23, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 12, 2026)
- 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.
Here's the math on researching Friend a Russ Fund Inc by hand.
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