Ross Family Fund Inc

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.

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

The foundation made 40 grants in 2023, with additional grants distributed across education, human services, and cultural organizations. Grant descriptions typically indicate support for general fund purposes.

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
+1 more states

Cities

ArdmoreAtlantaBala CynwydBostonBronxBryn MawrGladwyneJenkintownManhattanNew YorkNorth Palm BeachOaklandPalm BeachPhiladelphiaPhoenixVailWashingtonWest Palm Beach

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

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 UNIVERIS…$100KWEITZMAN NATIONAL MUSEUM…$51KMASSACHUSETTS GENERAL HO…$50KPHILADELPHIA MUSEUM OF ART$47KBIRTHRIGHT ISRAEL FOUNDA…$36KJEWISH FEDERATION OF PAL…$35KTHE PHILADELPHIA ORCHESTRA$30KTHE BARNES FOUNDATION$25KSOLOMON R GUGGENHEIM FOU…$20KTHE METROPOLITAN MUSEUM …$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 include Trustees of the Univeristy of Pennsylvania ($100,000), Weitzman National Museum of American Jewish History ($51,000), Massachusetts General Hospital ($50,000).

RecipientPurposeAmount
ACADEMY OF MUSIC PHILADELPHIA, PAGENERAL FUND$5,000
ALPORT SYNDROME FOUNDATION INC PHOENIX, AZGENERAL FUND$1,000
AMERICAN FRIENDS OF THE ISRAEL MUSEUM NEW YORK, NYGENERAL FUND$10,000
ARMORY ART CENTER WEST PALM BEACH, FLGENERAL FUND$2,500
ARTIS NEW YORK, NYGENERAL FUND$2,000
BIRTHRIGHT ISRAEL FOUNDATION NEW YORK, NYGENERAL FUND$36,000
BREAST CANCER RESEARCH FOUNDATION NEW YORK, NYGENERAL FUND$5,000
BRYN MAWR FILM INSTITUTE BRYN MAWR, PAGENERAL FUND$550
CHILD MIND INSTITUTE NEW YORK, NYGENERAL FUND$5,000
CHILDREN'S CRISIS TREATMENT CENTER PHILADELPHIA, PAGENERAL FUND$5,000

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

From 2024 IRS filing

From 2024 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?

**Grant Activity:** • Total giving in 2024: $533,645 • Total giving in 2023: $856,095 • Typical award range: $100–$427,500 • Average grant size varies by year **Recent Notable Grants (2023):** • Weitzman National Museum of American Jewish History: $427,500 • Jewish Federation of Greater Philadelphia: $85,000 • Philadelphia Museum of Art Women's Committee: $42,250 The foundation made 40 grants in 2023, with additional grants distributed across education, human services, and cultural organization…

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 June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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