Russell & Penny Fortune Foundation Inc

ZIONSVILLE, IN EIN: 35-2041399

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$4.3M

-2.6% YoY

Annual Giving

$232K

-11.6% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$39K

-11.6% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$87K$175K$262K$349K2020202120232024
Metric202420232021
Total Assets$4,315,615$4,428,953$4,729,613
Revenue$224,939$182,179$204,961
Expenses$317,294$317,168$312,453
Qualifying Distributions$278,400$295,306$285,281
Net Investment Income$163,966$129,478$181,479
Distributable Amount$277,348$309,842$295,224

Giving Over Time

Total grant dollars and number of grants per year

$0$65K$131K$196K$262K3 grants20204 grants20216 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Marion University$60KBrebeuf Preparatory Scho…$55KCathedral High School$39KInternational School of …$34KPark Tudor Foundation Inc$24KGuerin Catholic High Sch…$20K

Grant Size Distribution

19 grants across all recorded years

9<$50K10$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Russell & Penny Fortune Foundation Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

IndianapolisNoblesville

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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