Matt Russac Charitable Trust

Foundation · Grantmaker Tulsa, OK EIN: 83-6870189

Matt Russac Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Tulsa, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 9 grants totaling $102K. Net investment income was $62K.

Key facts about Matt Russac Charitable Trust

EIN: 83-6870189
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $102,128
Grants made (2024): 9
Average grant: $11,348
Median grant: $12,766
Total assets: $1,599,364
Primary geography: Oklahoma (63% of itemized 2024 grant dollars)

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

Who Matt Russac Charitable Trust funds

By grant dollars, the top recipient states for Matt Russac Charitable Trust's 9 itemized 2024 grants were Oklahoma (63%), Georgia (13%) and New York (13%). The most frequent recipient cities were Oklahoma City, OK (2 grants) and Maryknoll, NY (2 grants). 100% of grants with a stated purpose were for general or operating support.

How Matt Russac Charitable Trust gives

Giving held roughly steady from 2021 to 2024 (+4%). Method
In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Matt Russac Charitable Trust

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-2.7% YoY

Annual Giving

$102K

+12.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$11K

+12.8% YoY

Under IRS private-foundation payout rules, Matt Russac Charitable Trust reported a distributable amount of $107K for 2024 — the minimum it must pay out in qualifying distributions.

About Matt Russac Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oklahoma $64K (63%)

Georgia $13K (13%)

New York $13K (13%)

Tennessee $13K (13%)

Share of all 9 itemized 2024 grant dollars.

States

Georgia New York Oklahoma Tennessee

Cities

MaryknollOklahoma CityAtlantaHartshorneKrebsMemphisWilburton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,599,364	$1,644,087	$1,695,943
Revenue	$76,211	$55,792	$49,940
Expenses	$120,449	$106,824	$133,643
Qualifying Distributions	$106,353	$94,415	$120,028
Net Investment Income	$62,261	$43,095	$36,622
Distributable Amount	$106,765	$94,036	$97,031

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

45 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include St Joseph Catholic Church ($12,766), Oklahoma Medical Research Foundation ($12,766), Sacred Heart Catholic Church ($12,766).

Recipient	Purpose	Amount
ST JOSEPH CATHOLIC CHURCH Krebs, OK	GENERAL OPERATIONS	$12,766
OKLAHOMA MEDICAL RESEARCH FOUNDATION Oklahoma City, OK	GENERAL OPERATIONS	$12,766
SACRED HEART CATHOLIC CHURCH Wilburton, OK	GENERAL OPERATIONS	$12,766
AMERICAN CANCER SOCIETY Oklahoma City, OK	GENERAL OPERATIONS	$12,766
ARTHRITIS FOUNDATION Atlanta, GA	GENERAL OPERATIONS	$12,766
HOLY ROSARY CATHOLIC CHURCH Hartshorne, OK	GENERAL OPERATIONS	$12,766
ST JUDE CHILDRENS HOSPITAL Memphis, TN	GENERAL OPERATIONS	$12,766
MARYKNOLL SISTERS OF ST DOMINIC Maryknoll, NY	GENERAL OPERATIONS	$6,383
MARYKNOLL FATHERS AND BROTHERS Maryknoll, NY	GENERAL OPERATIONS	$6,383

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
The Trust Company of Oklahoma	Trustee	2	$16,155

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Matt Russac Charitable Trust?

Matt Russac Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Tulsa, OK. It holds $1.6M in total assets as of 2024.

How large is Matt Russac Charitable Trust?

As of 2024, Matt Russac Charitable Trust holds $1.6M in total assets with $76K in annual revenue. It awarded 9 grants totaling $102K in 2024.

Where does Matt Russac Charitable Trust operate?

Matt Russac Charitable Trust has awarded grants in Georgia, New York, Oklahoma, Tennessee.

What size grants does Matt Russac Charitable Trust award?

In 2024, Matt Russac Charitable Trust awarded 9 grants totaling $102K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Matt Russac Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Matt Russac Charitable Trust reported a distributable amount of $107K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.