Hein & Beverly Rusen Family Foundation Inc

Private foundation · Grantmaker Sarasota, FL EIN: 65-0538766

Hein & Beverly Rusen Family Foundation Inc is a private foundation, based in Sarasota, FL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 5 grants totaling $255K. Net investment income was $6K.

Key facts about Hein & Beverly Rusen Family Foundation Inc

In short: Hein & Beverly Rusen Family Foundation Inc gave $255K across 5 grants in 2024 (avg $51K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
65-0538766
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$255,106
Grants made (2024)
5
Average grant
$51,021
Median grant
$2,500
Primary geography
Florida (50% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$255K

-59.5% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$51K

-75.7% YoY

Under IRS private-foundation payout rules, Hein & Beverly Rusen Family Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

How Hein & Beverly Rusen Family Foundation Inc gives

  • Giving grew 84% from 2021 to 2024. Method
  • In 2024 it paid out well above 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

4states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

SarasotaNew YorkSarsotaOspreyBradentonFt WayneLongboat KeySan Francisco

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K8 grants2020 8 grants2021 7 grants2022 3 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $115K (2020) to $631K (2022). In 2024 it made 5 grants totaling $255K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Schwab Charitable Fund: $127KSchwab Charitable Fund$127KRingling College of Arts: $125KRingling College of Arts$125K128840: $3K128840$3KTemple Beth Israel: $500Temple Beth Israel$500Doctors Without Borders: $500Doctors Without Borders$500

The largest 2024 recipient was Schwab Charitable Fund ($127K). Together the top 5 received $255K.

Grant Size Distribution

31 grants across all recorded years

23<$50K$50–100K6$100–250K$250–500K2$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 31 (74%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Schwab Charitable Fund San Francisco, CAGRANT$126,606
Ringling College of Arts Sarasota, FLGRANT$125,000
128840 Sarasota, FLGRANT$2,500
Temple Beth Israel Longboat Key, FLGRANT$500
Doctors Without Borders New York, NYGRANT$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$251,538$1,087,036
Revenue$5,999$-203,109$50,666
Expenses$257,537$631,361$634,785
Qualifying Distributions$255,106$629,250$631,250
Net Investment Income$5,999$10,052$62,241
Distributable Amount$4,807$20,073$56,865

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Hein & Beverly Rusen Family Foundation Inc is led by Hein Rusen, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Hein Rusen

    President

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Beverly Rusen

    Secretary & Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Hein & Beverly Rusen Family Foundation Inc

How much does Hein & Beverly Rusen Family Foundation Inc give each year?

Hein & Beverly Rusen Family Foundation Inc gave $255K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $629K across 3 grants.

What is Hein & Beverly Rusen Family Foundation Inc's typical grant size?

Hein & Beverly Rusen Family Foundation Inc's median grant in 2024 was $2,500, and its average grant was $51,021, across 5 grants on its 2024 IRS Form 990-PF.

Where does Hein & Beverly Rusen Family Foundation Inc give grants?

Hein & Beverly Rusen Family Foundation Inc gives mostly in Florida: 50% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (50%). The most frequent recipient cities were Sarasota, FL (2 grants).

Does Hein & Beverly Rusen Family Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Hein & Beverly Rusen Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Grant" (5 grants).

Who are Hein & Beverly Rusen Family Foundation Inc's largest grantees?

Hein & Beverly Rusen Family Foundation Inc's largest 2024 grantees include Schwab Charitable Fund ($126,606), Ringling College of Arts ($125,000) and 128840 ($2,500), according to its 2024 IRS Form 990-PF.

How much is Hein & Beverly Rusen Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hein & Beverly Rusen Family Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hein & Beverly Rusen Family Foundation Inc's EIN?

Hein & Beverly Rusen Family Foundation Inc's EIN (Employer Identification Number) is 65-0538766. IRS Form 990 filing data is available on this page for 2020–2024.

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

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