Joseph Russo Foundation
Joseph Russo Foundation is a private foundation, based in Boulder, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 3 grants totaling $177K. Net investment income was $53K.
Joseph Russo Foundation at a glance
In short: Joseph Russo Foundation gave $177K across 3 grants in 2025 (avg $59K), top state Colorado. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $176,758
- Grants made (2025)
- 3
- Average grant
- $58,919
- Median grant
- $77,234
- Total assets
- $2,455,799
- -24.3% vs 2024
- Primary geography
- Colorado (45% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Joseph Russo Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was CU Foundation ($80K). Together the top 3 received $177K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 3 grants of 7 (43%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Joseph Russo Foundation gives
- Giving grew 26% from 2022 to 2025. Method
- In 2022 it paid out 104% of 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 2025, annual grant giving ranged from $125K (2020) to $187K (2021). In 2025 it made 3 grants totaling $177K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CU Foundation Denver, CO | Rent lab space pay technician | $79,524 |
| Olympus America Center Valley, PA | Equipment purchase | $77,234 |
| Slavka Ryger | Lab employee for pain project | $20,000 |
Ready to take the next step with Joseph Russo Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,455,799 | $52,976 | $178,103 | $176,758 | 3 | $176,758 | $52,976 | — |
| 2024 | $3,245,224 | $49,008 | $28,158 | — | — | $28,158 | $49,008 | — |
| 2023 | $2,708,842 | $50,084 | $110,117 | — | — | $110,117 | $50,084 | — |
| 2022 | $2,395,784 | $51,194 | $141,240 | $140,382 | 2 | $141,240 | $51,194 | $135,824 |
| 2021 | $3,148,819 | $61,002 | $188,174 | $187,458 | 2 | $188,174 | $61,002 | $148,640 |
| 2020 | $2,921,738 | $50,775 | $126,116 | $124,771 | 2 | — | $50,775 | $137,365 |
Leadership & Key People
Officers and directors from IRS filings
Joseph Russo Foundation is led by Marilyn Hartig, Chairperson & Treasurer since 2023 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Marilyn Hartig
Chairperson & Treasurer
Chairperson → Chairperson & Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Rodney Beard
Director
On filings since 2020
No compensation reported
Paul Hartig
Secretary
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Jeanne Guenther (2020–2022) — Treasurer
Data from IRS Form 990 filings, 2020–2025. "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 Joseph Russo Foundation
How much does Joseph Russo Foundation give each year?
Joseph Russo Foundation gave $177K across 3 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Joseph Russo Foundation's typical grant size?
Joseph Russo Foundation's median grant in 2025 was $77,234, and its average grant was $58,919, across 3 grants on its 2025 IRS Form 990-PF.
Where does Joseph Russo Foundation give grants?
Joseph Russo Foundation's top state is Colorado, with 45% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest state was Pennsylvania (44%).
Does Joseph Russo Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Joseph Russo Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Joseph Russo Foundation?
Joseph Russo Foundation reported $2.5M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $53K.
What is Joseph Russo Foundation's EIN?
Joseph Russo Foundation's EIN (Employer Identification Number) is 82-2665370. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 3, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Joseph Russo Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Joseph Russo Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Ima Foundation
Wichita, KS
Assets
$11.4M
Grants
602
Total Given
$831K
The Norby Family Foundation
Wilmington, DE
Assets
$901K
Grants
5
Total Given
$42K
The Wolf Family Foundation
Boulder, CO
The Wolf Family Foundation supports a range of charitable organizations, including work in housing, child advocacy, health care, education, and the environment, with 2025 grants going to recipients in Colorado and California. Its 11 grants ranged from $500 to $25,000, with a median of $2,500. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$19K
Grants
11
Total Given
$63K
Dr Scholl Foundation
Northbrook, IL
The Dr. Scholl Foundation funds nonprofit work in education, social services, healthcare, civic and cultural activities, and the environment, with consideration for other worthwhile projects. Grants average $5,000–$25,000, mostly in the United States; it also considers international requests when a board member has direct knowledge of the applicant.
Assets
$211.9M
Grants
410
Total Given
$8.9M
Miramar Charitable Foundation
Ft Mitchell, KY
Miramar Charitable Foundation funds preselected charitable organizations across areas including arts, survivor support, education, science, and journalism, with grants to recipients in multiple states; in 2024, the largest shares went to Colorado, North Carolina, California, New York, and Florida. Its 2024 grants ranged from $250 to $1 million, with a median of $2,000. It does not accept unsolicited requests.
Assets
$32.5M
Grants
188
Total Given
$4.5M
Ewing Marion Kauffman Foundation
Kansas City, MO
The foundation funds college access and completion, workforce and career development, entrepreneurship, and related efforts to improve economic mobility, with a primary focus on Kansas City and support for regional and national work. Its 2024 grants had a median of $75,000; it accepts requests through its online portal and says it does not limit giving to preselected organizations.
Assets
$2.5B
Grants
364
Total Given
$95.0M
More similar funders
More Funders in Colorado
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Joseph Russo Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Joseph Russo Foundation down — hundreds of funders to go?