George and Cindy Rusu Family Found
The George and Cindy Rusu Family Foundation is a private grantmaking foundation established in 2011 and based in Lancaster, Pennsylvania. The foundation operates as a 501(c)(3) philanthropic organization with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.6M
+1.8% YoY
Annual Giving
$1.1M
-52.6% YoY
Grant Count
16
-23.8% YoY
Avg Grant Size
$66K
-37.8% YoY
Mission & Focus Areas
The foundation makes grants to organizations focused on providing those in need with food, water, healthcare, and educational opportunities, with particular emphasis on low-income youth.
Grantmaking
The foundation has made grants to youth-focused organizations. Documented grants include support for the Boys and Girls Clubs of Chicago, specifically for the Youth of the Year Competition and related programming.
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Geographic Focus
Where this funder awards grants
While the foundation is based in Lancaster, Pennsylvania, it has demonstrated grantmaking activity in Illinois, supporting Chicago-area youth organizations.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
The foundation is required to file IRS Form 990-PF. Current financial data is not publicly available through the sources reviewed.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,588,652 | $11,381,000 | $14,509,969 |
| Revenue | $1,400,083 | $783,200 | $435,727 |
| Expenses | $1,192,675 | $2,367,679 | $2,261,399 |
| Qualifying Distributions | $1,061,600 | $2,241,751 | $2,075,100 |
| Net Investment Income | $306,569 | $309,359 | $238,807 |
| Distributable Amount | $805,608 | $701,638 | $830,307 |
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
101 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
George V. Rusu serves as a key figure associated with the foundation. Rusu is the co-founder of Captive Resources, LLC, where he serves as Executive Chairman. He has nearly 40 years of experience in the captive insurance industry and has been recognized with multiple honors, including induction into the Chicago Area Entrepreneurship Hall of Fame (2004), Captive Review's Hall of Fame (2017), and Insurance Business America's Hall of Fame (2021). Rusu has also served on the boards of the Chicago Metropolitan YMCA and Medinah Country Club.
Cindy Rusu is the co-founder's spouse and co-namesake of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE V RUSU | PRESIDENT | — | — |
| CYNTHIA J RUSU | VICE PRESIDE | — | — |
| THEODORE N KYRIAZES | SECRETARY | — | — |
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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