Hein & Beverly Rusen Family Foundation Inc
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.
Hein & Beverly Rusen Family Foundation Inc at a glance
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.
- Annual giving (2024)
- $255,106
- -59.5% vs 2023
- Grants made (2024)
- 5
- +66.7% vs 2023
- Average grant
- $51,021
- -75.7% vs 2023
- Median grant
- $2,500
- Primary geography
- Florida (50% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Hein & Beverly Rusen Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Schwab Charitable Fund ($127K). Together the top 5 received $255K.
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 23 grants of 31 (74%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $115K (2020) to $631K (2022). In 2024 it made 5 grants totaling $255K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Schwab Charitable Fund San Francisco, CA | GRANT | $126,606 |
| Ringling College of Arts Sarasota, FL | GRANT | $125,000 |
| 128840 Sarasota, FL | GRANT | $2,500 |
| Temple Beth Israel Longboat Key, FL | GRANT | $500 |
| Doctors Without Borders New York, NY | GRANT | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $5,999 | $257,537 | $255,106 | 5 | $255,106 | $5,999 | $4,807 |
| 2023 | $251,538 | $-203,109 | $631,361 | $629,250 | 3 | $629,250 | $10,052 | $20,073 |
| 2022 | $1,087,036 | $50,666 | $634,785 | $631,250 | 7 | $631,250 | $62,241 | $56,865 |
| 2021 | $1,671,734 | $136,113 | $141,718 | $138,800 | 8 | — | $134,502 | $78,594 |
| 2020 | $1,836,890 | $189,497 | $121,132 | $115,000 | 8 | — | $186,739 | $70,764 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Hein & Beverly Rusen Family Foundation Inc funds
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