Live Like Russ Foundation

Private foundation · Grantmaker Warwick, RI EIN: 86-2069663

Live Like Russ Foundation is a private foundation, based in Warwick, RI. IRS filing data is available for 2025. As of 2025, the organization holds $39K in total assets. In 2025, it awarded 6 grants totaling $11K.

Key facts about Live Like Russ Foundation

In short: Live Like Russ Foundation gave $11K across 6 grants in 2025 (avg $2K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.

EIN
86-2069663
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$11,227
Grants made (2025)
6
Average grant
$1,871
Median grant
$401
Total assets
$39,400
Primary geography
Rhode Island (96% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$39K

Annual Giving

$11K

Grant Count

6

Avg Grant Size

$2K

Under IRS private-foundation payout rules, Live Like Russ Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

How Live Like Russ Foundation gives

  • In 2025 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

3states

Share of all 6 itemized 2025 grant dollars.

Cities

WarwickBooneEast GreenwichHope ValleyWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K6 grants2025

In 2025 it made 6 grants totaling $11K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Multiple 1000 Scholarships to High: $9KMultiple 1000 Scholarships toHigh$9KRhode Island Troopers Association: $1KRhode Island TroopersAssociation$1KMaddie Potts Foundation: $540Maddie Potts Foundation$540Fragile X Foundation: $262Fragile X Foundation$262Pancreatic Cancer Network: $225Pancreatic Cancer Network$225Gistrong Foundation: $200Gistrong Foundation$200

The largest 2025 recipient was Multiple 1000 Scholarships to High ($9K). Together the top 6 received $11K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Multiple 1000 Scholarships to High Warwick, RIScholarship$9,000
Rhode Island Troopers Association East Greenwich, RIContributions to Support Local Community Initiatives$1,000
Maddie Potts Foundation Hope Valley, RIContributions to Support Local Community Initiatives$540
Fragile X Foundation Washington, DCContributions to Support Local Community Initiatives$262
Pancreatic Cancer Network Boone, IAContributions to Support Local Community Initiatives$225
Gistrong Foundation Warwick, RIContributions to Support Local Community Initiatives$200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$20K$40K$60K2025
Metric2025
Total Assets$39,400
Revenue$44,467
Expenses$37,431
Qualifying Distributions$37,431
Net Investment Income—
Distributable Amount$1,767

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Officers and directors from IRS filings

Live Like Russ Foundation is led by Stone Paul Freeman, President on the 2025 filing; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Stone Paul Freeman

    President

    New on the 2025 filing

    10 hrs/week

    No compensation reported

  • Ingrid Marie Freeman

    Vice President

    New on the 2025 filing

    3 hrs/week

    No compensation reported

  • Lisa Freeman

    Secretary & Treasurer

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Quinn Ashley Freeman

    Vice President

    New on the 2025 filing

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 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 Live Like Russ Foundation

How much does Live Like Russ Foundation give each year?

Live Like Russ Foundation gave $11K across 6 grants in 2025, according to its 2025 IRS Form 990-PF.

What is Live Like Russ Foundation's typical grant size?

Live Like Russ Foundation's median grant in 2025 was $401, and its average grant was $1,871, across 6 grants on its 2025 IRS Form 990-PF.

Where does Live Like Russ Foundation give grants?

Live Like Russ Foundation gives mostly in Rhode Island: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Warwick, RI (2 grants).

Does Live Like Russ Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Live Like Russ Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contributions to Support Local Community Initiatives" (5 grants).

Who are Live Like Russ Foundation's largest grantees?

Live Like Russ Foundation's largest 2025 grantees include Multiple 1000 Scholarships to High ($9,000), Rhode Island Troopers Association ($1,000) and Maddie Potts Foundation ($540), according to its 2025 IRS Form 990-PF. Together they received 94% of its itemized 2025 grant dollars.

How large is Live Like Russ Foundation?

Live Like Russ Foundation reported $39K in total assets on its 2025 IRS Form 990-PF. It paid out $37K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What is Live Like Russ Foundation's EIN?

Live Like Russ Foundation's EIN (Employer Identification Number) is 86-2069663. IRS Form 990 filing data is available on this page for 2025.

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

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