Russo Family Charitable Foundation Trust
Russo Family Charitable Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $456K in total assets. In 2024, it awarded 2 grants totaling $47K. Net investment income was $42K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$456K
-1.0% YoY
Annual Giving
$47K
+0.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$24K
+0.0% YoY
Under IRS private-foundation payout rules, Russo Family Charitable Foundation Trust reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
About Russo Family Charitable Foundation Trust
Based on IRS filings
Russo Family Charitable Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $456K in total assets. In 2024, it awarded 2 grants totaling $47K. Net investment income was $42K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $456,346 | $461,156 | $473,086 |
| Revenue | $49,563 | $44,449 | $36,771 |
| Expenses | $54,373 | $56,379 | $61,808 |
| Qualifying Distributions | $47,200 | $47,200 | $55,000 |
| Net Investment Income | $41,986 | $38,105 | $29,960 |
| Distributable Amount | $40,424 | $35,717 | $37,477 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ron Burton Training Village ($25,000), Children's Hospital ($22,200).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDREN'S HOSPITAL BOSTON, MA | GENERAL USE | $22,200 |
| RON BURTON TRAINING VILLAGE HUBBARDSTON, MA | GENERAL PURPOSE | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEVETTE RUSSO | TRUSTEE | 1 | — |
| JOSHUA RUSSO | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Russo Family Charitable Foundation Trust?
Russo Family Charitable Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $456K in total assets as of 2024.
How large is Russo Family Charitable Foundation Trust?
As of 2024, Russo Family Charitable Foundation Trust holds $456K in total assets with $50K in annual revenue. It awarded 2 grants totaling $47K in 2024.
Where does Russo Family Charitable Foundation Trust operate?
Russo Family Charitable Foundation Trust has awarded grants in Massachusetts.
What size grants does Russo Family Charitable Foundation Trust award?
In 2024, Russo Family Charitable Foundation Trust awarded 2 grants totaling $47K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is Russo Family Charitable Foundation Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Russo Family Charitable Foundation Trust reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Russo Family Charitable Foundation Trust's EIN?
Russo Family Charitable Foundation Trust's EIN (Employer Identification Number) is 04-3422324. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Russo Family Charitable Foundation Trust'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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