Marcus L Ruscitto Charitable Foundation
Marcus L Ruscitto Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLE VERNON, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $746K in total assets. In 2024, it made $92K in qualifying distributions. Net investment income was $28K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$746K
+11.8% YoY
Revenue
$170K
+66.9% YoY
Qualifying Distributions
$92K
+19.1% YoY
Expenses
$92K
+18.8% YoY
Under IRS private-foundation payout rules, Marcus L Ruscitto Charitable Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
About Marcus L Ruscitto Charitable Foundation
Based on IRS filings
Marcus L Ruscitto Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLE VERNON, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $746K in total assets. In 2024, it made $92K in qualifying distributions. Net investment income was $28K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $746,164 | $667,517 | $642,605 |
| Revenue | $170,218 | $101,972 | $125,337 |
| Expenses | $91,570 | $77,060 | $47,046 |
| Qualifying Distributions | $91,742 | $77,060 | $47,046 |
| Net Investment Income | $28,145 | $8,426 | $11,773 |
| Distributable Amount | $37,611 | $33,103 | $29,647 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH FRANCIS | PRESIDENT | 2 | — |
| SHIRLEY ZAFRIS | SECRETARY | 2 | — |
| MICHELLE HERRON | TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marcus L Ruscitto Charitable Foundation?
Marcus L Ruscitto Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLE VERNON, PA. It holds $746K in total assets as of 2024.
How large is Marcus L Ruscitto Charitable Foundation?
As of 2024, Marcus L Ruscitto Charitable Foundation holds $746K in total assets with $170K in annual revenue.
How much is Marcus L Ruscitto Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marcus L Ruscitto Charitable Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marcus L Ruscitto Charitable Foundation's EIN?
Marcus L Ruscitto Charitable Foundation's EIN (Employer Identification Number) is 20-1405164. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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