new-york-new-york-472477939?backTo=%2Fsolution-provider-directory%2Fcity-harvest---new-york-new-york-13-3170676%3FbackTo%3D%252Fcapital-tracker%252Ffunders%252Fthe-deeds-foundation---fort-lee-new-jersey-133752427%253FbackTo%253D%25252Fsolution-provider-directory%25252Ffood-bank-for-new-york-city---new-york-new-york%25253FbackTo%25253D%2525252Fcapital-tracker%2525252Ffunders%2525252Fnetwork-for-good-inc-district-of-columbia%2525253FbackTo%2525253D%252525252Fsolution-provider-directory%252525252Fcapital-area-food-bank---washington-d-c-52-1167581%252525253FbackTo%252525253D%25252525252Fcapital-tracker%25252525252Ffunders%25252525252Fjohn-c-and-nancy-l-goldsmith-family-foundation-maryland%25252525253FbackTo%25252525253D%2525252525252Fsolution-provider-directory%2525252525252Fcapital-area-food-bank---washington-d-c-52-1167581 type: exa:search title: ReFED - Capital tracker type: exa:search title: '' type: exa:search title: '' type: exa:search title: '' type: exa:news title: Russo Brothers Italian American Filmmaker Forum Announces 2025 Grant Recipients | Conference of Presidents of Major Italian American Organizations type: exa:news title: Russo Brothers Italian American Filmmaker Forum Announces 2025 Grant Recipients | Italian Sons and Daughters of America type: exa:news title: The Russo Brothers Italian American Film Forum Announces 2020 Grant Award Recipients - The National Italian American Foundation type: exa:news title: The Russo Brothers Italian American Film Forum Announces 2020 and 2021 Grant Finalists - The National Italian American Foundation type: exa:news title: The Russo Brothers Italian American Film Forum Announces 2020 and 2021 Grant Finalists
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$371K
-10.0% YoY
Grant Count
69
-45.2% YoY
Avg Grant Size
$5K
+64.4% YoY
Grantmaking
The foundation is an active grantmaker, distributing grants across numerous organizations. In 2023, the foundation made 38 grants totaling approximately $206,979 in charitable contributions. Recent grantees include:
Grant Range
s typically range from $14 to $90,000, with average awards in the mid-range of this spectrum.
Ready to take the next step with Maurice and Lena Russo Family?
Geographic Focus
Where this funder awards grants
The foundation supports a wide range of cities and states across the United States, including major urban centers such as New York, Los Angeles, and Chicago, as well as smaller communities. Geographic areas of activity include Arizona, California, Connecticut, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Kansas, Maryland, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas, Virginia, and Washington.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $10,003,010
- Total Revenues: $316,990
- Total Expenses: $436,663
- Investment Income and Dividends: $316,990 (representing a 25.8% increase from 2022's $252,038)
As of most recent filing (2024):
- Total Assets: $9,932,214
- Total Giving: $371,392
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by three directors who serve without compensation:
- Albert V. Russo
- Clifton Russo
- Lawrence Russo
Each director contributes 5 hours of service to the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALBERT V RUSSO | DIRECTOR | 5 | — |
| CLIFTON RUSSO | DIRECTOR | 5 | — |
| LAWRENCE RUSSO | DIRECTOR | 5 | — |
Contact Information
Address: 401 Broadway, Suite 1712 New York, NY 10013
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Maurice and Lena Russo Family on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities