Russell Mace Foundation

Foundation · Grantmaker Reno, NV EIN: 86-2121387

Russell Mace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Reno, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $683K in total assets. In 2024, it awarded 7 grants totaling $325K. Net investment income was $4K.

Key facts about Russell Mace Foundation

EIN: 86-2121387
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $325,000
Grants made (2024): 7
Average grant: $46,429
Median grant: $20,000
Total assets: $683,185
Primary geography: Montana (62% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Russell Mace Foundation funds

By grant dollars, the top recipient states for Russell Mace Foundation's 7 itemized 2024 grants were Montana (62%) and Nevada (34%). The most frequent recipient cities were Reno, NV (3 grants). 86% of grants with a stated purpose were for general or operating support.

How Russell Mace Foundation gives

In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$683K

+144.9% YoY

Annual Giving

$325K

+16.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$46K

+16.1% YoY

Under IRS private-foundation payout rules, Russell Mace Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About Russell Mace Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Montana $200K (62%)

Nevada $110K (34%)

Wyoming $10K (3%)

California $5K (2%)

Share of all 7 itemized 2024 grant dollars.

States

California Montana Nevada Wyoming

Cities

RenoJacksonBozemanCarson CityLos Angeles

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$683,185	$279,000	$170,000
Revenue	$752,108	$390,000	$430,000
Expenses	$348,038	$281,000	$261,000
Qualifying Distributions	$325,000	$280,000	$260,000
Net Investment Income	$4,070	—	—
Distributable Amount	$20,215	$5,337	$819

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

19 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Yellowstone Club Community Foundation ($200,000), Boys & Girls Club of Truckee Meadows ($50,000), Truckee Meadows Community College Foundation ($30,000).

Recipient	Purpose	Amount
Yellowstone Club Community Foundation Bozeman, MT	UnrestrictedUnrestricted	$200,000
Boys & Girls Club of Truckee Meadows Carson City, NV	Unrestricted	$50,000
Truckee Meadows Community College Foundation Reno, NV	Unrestricted	$30,000
Nevada Humane Society Reno, NV	Unrestricted	$20,000
Grand Teton Music Festival Jackson, WY	Unrestricted	$10,000
Friends of Ace High School Reno, NV	Unrestricted	$10,000
Drive Toward a Cure for Parkinson's Disease Los Angeles, CA	Unrestricted	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
James G Mace	Officer	0.1	—
Pamela K Russell	Officer	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Russell Mace Foundation?

Russell Mace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Reno, NV. It holds $683K in total assets as of 2024.

How large is Russell Mace Foundation?

As of 2024, Russell Mace Foundation holds $683K in total assets with $752K in annual revenue. It awarded 7 grants totaling $325K in 2024.

Where does Russell Mace Foundation operate?

Russell Mace Foundation has awarded grants in California, Montana, Nevada, Wyoming.

What size grants does Russell Mace Foundation award?

In 2024, Russell Mace Foundation awarded 7 grants totaling $325K — an average of about $46K per grant, based on its IRS Form 990 filings.

How much is Russell Mace Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Russell Mace Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.