Russell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVING, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 22 grants totaling $106K. Net investment income was $92K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+0.8% YoY
Annual Giving
$106K
+12.4% YoY
Grant Count
22
+29.4% YoY
Avg Grant Size
$5K
-13.1% YoY
Under IRS private-foundation payout rules, Russell Foundation reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.
About Russell Foundation
Based on IRS filings
Russell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVING, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 22 grants totaling $106K. Net investment income was $92K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,488,084 | $1,475,990 | $1,484,812 |
| Revenue | $106,286 | $97,631 | $45,280 |
| Expenses | $120,461 | $108,776 | $132,456 |
| Qualifying Distributions | $106,000 | $94,300 | $118,800 |
| Net Investment Income | $91,825 | $83,155 | $31,624 |
| Distributable Amount | $104,162 | $95,208 | $96,844 |
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
71 grants across all recorded years
Open Grants
1 open opportunity from Russell Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Honduras Educational Development Assistance Corp ($10,000), Association for Independent Living ($5,000), Austin Bat Cave ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| All Things Made New Irving, TX | Provide mentorship, character development, and life skills training for youth to lead fulfilling and rewarding lives. | $3,000 |
| Association for Independent Living Dallas, TX | Elevate residents with intellectual and developmental disabilities to their highest independence and interdependence through life skills, education and vocational guidance. | $5,000 |
| Austin Bat Cave Austin, TX | Tutors work one-on-one with youth to inspire these burgeoning authors with a passion for reading, writing, and learning. | $5,000 |
| Be Strong Deerfield Beach, FL | National charity on mission to save and improve the lives of our youth using a peer-to-peer approach. | $5,000 |
| Children First Counseling Center Grand Prairie, TX | Dedicated to providing hope and healing through comprehensive counseling and education services for individuals of all ages | $5,000 |
| Community Partners of Dallas Dallas, TX | Provide what abused children urgently need today to thrive tomorrow. | $5,000 |
| Crossover Restoration Foundation Fort Worth, TX | After-school program that uses the restoration of classic vehicles to draw and train troubled teens | $3,000 |
| Design Connect Create Grand Prairie, TX | To help girls realize the potential in STEM and themselves. | $5,000 |
| Forerunner Mentoring Dallas, TX | Fulfill the potential of every young man in Lake Highlands growing up without a father-figure at home by providing mentoring, programs, and family support | $5,000 |
| Honduras Educational Development Assistance Corp Oak Lawn, IL | Supporting the creation of infrastructure where children and young adults are offered a vocational and educational curriculum. | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John J Flowers | CEO and President | 2.5 | — |
| J Jefferson Flowers | Director | — | — |
| Harriett T Flowers | Director | — | — |
| Michael K Bredemeier | Director | — | — |
| Sarah Bredemeier Martin | Director | — | — |
| Richmond C Flowers | Director | — | — |
| Laura R Freeman | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Russell Foundation?
Russell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVING, TX. It holds $1.5M in total assets as of 2024.
How large is Russell Foundation?
As of 2024, Russell Foundation holds $1.5M in total assets with $106K in annual revenue. It awarded 22 grants totaling $106K in 2024.
Where does Russell Foundation operate?
Russell Foundation has awarded grants in California, District of Columbia, Florida, Illinois, New York, Texas.
What size grants does Russell Foundation award?
In 2024, Russell Foundation awarded 22 grants totaling $106K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Russell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Russell Foundation reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Russell Foundation's EIN?
Russell Foundation's EIN (Employer Identification Number) is 20-2021512. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Russell Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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