Ross Family Fund Inc

Foundation · Grantmaker Palm Beach, FL EIN: 23-2049592

Ross Family Fund Inc is a private foundation based in Palm Beach, Florida. The organization was established in 2016 and operates as a grantmaking foundation focused on supporting charitable causes across multiple sectors.

Key facts about Ross Family Fund Inc

EIN
23-2049592
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$533,645
Grants made (2024)
50
Average grant
$10,673
Median grant
$2,900
Total assets
$624,730
Primary geography
Pennsylvania (53% of itemized 2024 grant dollars)
How to apply
No formal application process information is publicly available. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Ross Family Fund Inc funds

By grant dollars, the top recipient states for Ross Family Fund Inc's 50 itemized 2024 grants were Pennsylvania (53%), New York (20%) and Florida (17%). The most frequent recipient cities were New York, NY (14 grants), Philadelphia, PA (13 grants), West Palm Beach, FL (7 grants) and Palm Beach, FL (4 grants). 100% of grants with a stated purpose were for general or operating support.

How Ross Family Fund Inc gives

  • 72% of 2024 grantees were also funded in 2023. Method
  • Giving grew 602% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$625K

+91.2% YoY

Annual Giving

$534K

-43.2% YoY

Grant Count

50

+6.4% YoY

Avg Grant Size

$11K

-46.6% YoY

Under IRS private-foundation payout rules, Ross Family Fund Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation does not publicly specify a formal mission statement. However, based on grant activity, primary funding interests include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Arts and Culture
  • Jewish causes and community organizations

Grantmaking

Grant Range

varies by year

Average Grant

varies by year

How to Apply

**

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Geographic Focus

Where this funder awards grants

Primary funding areas include Pennsylvania, New York, and Florida, with particular concentration in the Philadelphia and Palm Beach regions.

Grant Distribution by State

9states

Share of all 50 itemized 2024 grant dollars.

Cities

PhiladelphiaNew YorkWest Palm BeachPalm BeachGladwyneArdmoreWashingtonBala CynwydBryn MawrManhattanNorth Palm BeachAtlantaBostonBronxJenkintownOaklandPhoenixVail

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $326,666
  • Total Revenues: $888,782
  • Total Expenses: $959,185
  • Total Grants Made: $856,095

As of December 31, 2024:

  • Total Assets: $624,730
  • Total Giving: $533,645

Staffing: The foundation operates with no full-time employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$264K$528K$791K$1M20202021202220232024
Metric202420232022
Total Assets$624,730$326,666$397,069
Revenue$853,466$888,782$480,221
Expenses$555,402$959,185$426,152
Qualifying Distributions$537,038$944,811$422,785
Net Investment Income$804,393$755,040$434,614
Distributable Amount$4,055$11,434$19,765

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$235K$470K$704K$939K34 grants20208 grants202118 grants202247 grants202350 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Trustees of the Univeristy of Pennsylvania: $100KTrustees of the Univeristy ofPennsylvania$100KWeitzman National Museum of American Jewish History: $51KWeitzman National Museum ofAmerican Jewish History$51KMassachusetts General Hospital: $50KMassachusetts General Hospital$50KPhiladelphia Museum of Art: $47KPhiladelphia Museum of Art$47KBirthright Israel Foundation: $36KBirthright Israel Foundation$36KJewish Federation of Palm Beach County: $35KJewish Federation of PalmBeach County$35KThe Philadelphia Orchestra: $30KThe Philadelphia Orchestra$30KThe Barnes Foundation: $25KThe Barnes Foundation$25KSolomon R Guggenheim Foundation: $20KSolomon R GuggenheimFoundation$20KThe Metropolitan Museum of Art: $15KThe Metropolitan Museum of Art$15K

Grant Size Distribution

157 grants across all recorded years

147<$50K5$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Trustees of the Univeristy of Pennsylvania ($100,000), Weitzman National Museum of American Jewish History ($51,000), Massachusetts General Hospital ($50,000).

RecipientPurposeAmount
TRUSTEES OF THE UNIVERISTY OF PENNSYLVANIA Philadelphia, PAGENERAL FUND$100,000
WEITZMAN NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY Philadelphia, PAGENERAL FUND$51,000
MASSACHUSETTS GENERAL HOSPITAL Boston, MAGENERAL FUND$50,000
PHILADELPHIA MUSEUM OF ART Philadelphia, PAGENERAL FUND$46,500
BIRTHRIGHT ISRAEL FOUNDATION New York, NYGENERAL FUND$36,000
JEWISH FEDERATION OF PALM BEACH COUNTY West Palm Beach, FLGENERAL FUND$35,125
THE PHILADELPHIA ORCHESTRA Philadelphia, PAGENERAL FUND$30,000
THE BARNES FOUNDATION Philadelphia, PAGENERAL FUND$25,000
SOLOMON R GUGGENHEIM FOUNDATION New York, NYGENERAL FUND$20,000
THE METROPOLITAN MUSEUM OF ART New York, NYGENERAL FUND$15,000

Leadership & Key People

Leadership team and compensation from IRS filings

Trustees:

  • Lyn M. Ross (President, Registered Agent)
  • Michael Ross

Both serve in volunteer capacities with no reported compensation.

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Lyn M RossPresident——
Michael RossDirector——
Merry RossDirector——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Ross Family Fund Inc fund?

The foundation does not publicly specify a formal mission statement. However, based on grant activity, primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Arts and Culture • Jewish causes and community organizations

How do I apply for a grant from Ross Family Fund Inc?

No formal application process information is publicly available. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Ross Family Fund Inc make grants?

Primary funding areas include Pennsylvania, New York, and Florida, with particular concentration in the Philadelphia and Palm Beach regions.

What size grants does Ross Family Fund Inc award?

In 2024, Ross Family Fund Inc awarded 50 grants totaling $534K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Ross Family Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ross Family Fund Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ross Family Fund Inc's EIN?

Ross Family Fund Inc's EIN (Employer Identification Number) is 23-2049592. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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