Russo & Dwyer Charitable Fdn

DETROIT, MI EIN: 20-3899108

Russo & Dwyer Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $610K in total assets. In 2024, it awarded 8 grants totaling $57K. Net investment income was $92K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$610K

Annual Giving

$57K

Grant Count

8

Avg Grant Size

$7K

Under IRS private-foundation payout rules, Russo & Dwyer Charitable Fdn reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.

About Russo & Dwyer Charitable Fdn

Based on IRS filings

Russo & Dwyer Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $610K in total assets. In 2024, it awarded 8 grants totaling $57K. Net investment income was $92K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BostonBronxBrookvilleChestnut HillChicagoHappaugeLos AngelesSacramentoSanta AnaTarrytown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$41K$81K$122K$163K2020202120222024
Metric202420222021
Total Assets$609,525$621,094$643,268
Revenue$148,021$113,508$123,316
Expenses$115,843$135,214$88,972
Qualifying Distributions$59,550$55,075$8,444
Net Investment Income$91,515$34,041$42,571
Distributable Amount$55,908$55,069$61,494

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$29K$43K$57K0 grants20203 grants20216 grants20228 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

CALVARY FUND OF CALVARY …$15KHEAD INJURY ASSOCIATION$10KCITIZENS OPTIONS UNLIMIT…$10KGLAAD$8KSR GERTRUDE MARY ISP$5KLGBTQ CENTER ORANGE COUNTY$3KBOSTON COLLEGE$3KABUNDANT LIFE CHURCH OF …$3K

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Calvary Fund of Calvary Hospital ($15,000), Head Injury Association ($10,000), Citizens Options Unlimited Inc ($10,000).

RecipientPurposeAmount
BOSTON COLLEGE CHESTNUT HILL, MASUPPORT FOR DAILY OPERATION$2,800
HEAD INJURY ASSOCIATION HAPPAUGE, NYDAILY OPERATIONAL SUPPORT$10,000
CALVARY FUND OF CALVARY HOSPITAL BRONX, NYDAILY OPERATIONAL SUPPORT$15,000
GLAAD LOS ANGELES, CADAILY OPERATIONAL SUPPORT$8,400
SR GERTRUDE MARY ISP CHICAGO, ILSUPPORT FOR DAILY OPERATION$5,000
CITIZENS OPTIONS UNLIMITED INC BROOKVILLE, NYDAILY OPERATIONAL SUPPORT$10,000
ABUNDANT LIFE CHURCH OF GOD SACRAMENTO, CASUPPORT FOR DAILY OPERATION$2,800
LGBTQ CENTER ORANGE COUNTY SANTA ANA, CASUPPORT FOR DAILY OPERATION$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARIETTA SAVINOCO-TRUSTEE$10KKAREN NEPOTECO-TRUSTEE$10KBARBARA JONESCO-TRUSTEE$3KRHONDA DRAKECO-TRUSTEE$3K

From 2024 filing

NameTitleHoursCompensation
MARIETTA SAVINOCO-TRUSTEE5$10,000
KAREN NEPOTECO-TRUSTEE5$10,000
BARBARA JONESCO-TRUSTEE5$2,500
RHONDA DRAKECO-TRUSTEE5$2,500
MARK THORNBURGCO-TRUSTEE5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Russo & Dwyer Charitable Fdn?

Russo & Dwyer Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. It holds $610K in total assets as of 2024.

How large is Russo & Dwyer Charitable Fdn?

As of 2024, Russo & Dwyer Charitable Fdn holds $610K in total assets with $148K in annual revenue. It awarded 8 grants totaling $57K in 2024.

Where does Russo & Dwyer Charitable Fdn operate?

Russo & Dwyer Charitable Fdn has awarded grants in California, Illinois, Massachusetts, New York.

What size grants does Russo & Dwyer Charitable Fdn award?

In 2024, Russo & Dwyer Charitable Fdn awarded 8 grants totaling $57K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Russo & Dwyer Charitable Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Russo & Dwyer Charitable Fdn reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Russo & Dwyer Charitable Fdn's EIN?

Russo & Dwyer Charitable Fdn's EIN (Employer Identification Number) is 20-3899108. IRS Form 990 filing data is available on this page for 2020–2024.

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

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