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
Under IRS private-foundation payout rules, George and Cindy Rusu Family Found reported a distributable amount of $806K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Greater Chicago Food Depository ($500,000), Healthnetwork Foundation ($110,000), Automotive Mentoring Group ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AEROANGEL DENVER, CO | PROVIDE TRAVEL TO CHILDREN FOR MEDIC | $40,000 |
| AUTOMOTIVE MENTORING GROUP CHICAGO, IL | CHARITABLE, ADMIN EXPENSES | $100,000 |
| CHILDREN'S TUMOR FOUNDATION NEW YORK, NY | SUPPORT THEIR MISSION | $2,000 |
| GLOVES 4 GRIEF INC IRVINE, CA | AID IN THEIR MISSION | $5,000 |
| HEALTHNETWORK FOUNDATION CHAGRIN FALLS, OH | ANNUAL APPEAL - GENERAL FUND | $110,000 |
| INTERNATIONAL MEDICAL CORPS LOS ANGELES, CA | PROVIDE HEALTHCARE TO PEOPLE IN NEED | $100,000 |
| KNICKER OPEN CHARITIES ADDISON, IL | BENEFITS FOLDS OF HONOR | $25,000 |
| ONE FOR ONE CHICAGO, IL | SUPPORT TO BREAK CYCLE OF VIOLENCE | $69,500 |
| SHERWOOD CARES THOUSAND OAKS, CA | AWARDS GRANTS TO LOCAL CHARITIES | $40,000 |
| COUNTRY SHRINE CLUB CHICAGO, IL | SHRINERS HOSPITAL FOR CHILDREN | $5,000 |
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
Frequently Asked Questions
What does George and Cindy Rusu Family Found fund?
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.
How do I apply for a grant from George and Cindy Rusu Family Found?
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.
Where does George and Cindy Rusu Family Found make grants?
While the foundation is based in Lancaster, Pennsylvania, it has demonstrated grantmaking activity in Illinois, supporting Chicago-area youth organizations.
What size grants does George and Cindy Rusu Family Found award?
In 2024, George and Cindy Rusu Family Found awarded 16 grants totaling $1.1M — an average of about $66K per grant, based on its IRS Form 990 filings.
How much is George and Cindy Rusu Family Found required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, George and Cindy Rusu Family Found reported a distributable amount of $806K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is George and Cindy Rusu Family Found's EIN?
George and Cindy Rusu Family Found's EIN (Employer Identification Number) is 90-0639630. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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