Russo Family Foundation Inc

Private foundation · Grantmaker Fairfield, CT EIN: 06-1552407

Russo Family Foundation Inc is a private foundation based in Fairfield, Connecticut. In its 2024 filing, it reported giving $43,000 through 11 grants and stated that it makes contributions only to preselected charitable organizations.

Russo Family Foundation Inc at a glance

In short: Russo Family Foundation Inc gave $43K across 11 grants in 2024 (avg $4K), mostly in Connecticut. 18% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$43,000
+37.8% vs 2023
Grants made (2024)
11
-26.7% vs 2023
Average grant
$3,909
+87.9% vs 2023
Median grant
$1,000
Total assets
$223,561
-14.6% vs 2023
New grantees (estimate)
18% first-time grantees (2 of 11, 2024; small sample)
Primary geography
Connecticut (91% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Russo Family Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: Co Grill Partners 140 Sherman S, Fairfield, CT 06824
Phone: (203) 254-3880

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Russo Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Sacred Heart University: $26KSacred Heart University$26KLauralton Hall: $6KLauralton Hall$6KCurtis Summer Camp Fund Inc: $5KCurtis Summer Camp Fund Inc$5KSt Jude Childrens Research Hospital: $2KSt Jude Childrens ResearchHospital$2KGary Sinise Foundation: $1KGary Sinise Foundation$1KMemorial Sloan Kettering Cancer Center: $1KMemorial Sloan KetteringCancer Center$1KCatholic Academy of Bridgeport: $500Catholic Academy of Bridgeport$500Colgate University: $500Colgate University$500Make a Wish Foundation: $500Make a Wish Foundation$500Salvation Army: $500Salvation Army$500

The largest 2024 recipient was Sacred Heart University ($26K). Together the top 10 received $43K.

Grant Size Distribution

84 grants across all recorded years

84<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 84 grants of 84 (100%).

Geographic Focus

Where this funder awards grants

In 2024, 91% of grant dollars went to recipients in Connecticut, 7% to recipients in New York, and 2% to recipients in Tennessee.

Grant Distribution by State

8states

Share of 2024 grant dollars across all 11 itemized grants.

Cities

BridgeportNew YorkFairfieldMilfordSouthportHamiltonPurchaseHartfordStorrsChicagoNashvilleRaymondSimsburyTrumbullAtlantaColcesterHamdenMemphisNorwalkSan Francisco

Is Russo Family Foundation Inc open to new grantees?

18%

first-time grantees, 2024

In 2024, 2 of 11 grantees (18%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $13K; repeat grants $2K. How we count

Medians: $13K first-time, $1K repeat.

  • 64% of 2024 grantees were also funded in 2023. Method
  • Giving grew 110% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K18 grants2020 19 grants2021 21 grants2022 15 grants2023 11 grants2024

From 2020 to 2024, annual grant giving ranged from $19K (2020) to $43K (2024). In 2024 it made 11 grants totaling $43K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Sacred Heart University Fairfield, CTVarious Programs$26,000
Lauralton Hall Milford, CTScholarship Fund$6,000
Curtis Summer Camp Fund Inc Fairfield, CTScholarships$5,000
St Jude Childrens Research Hospital New York, NYResearch$1,500
Gary Sinise Foundation Nashville, TNVarious Programs$1,000
Memorial Sloan Kettering Cancer Center New York, NYResearch$1,000
Catholic Academy of Bridgeport Bridgeport, CTVarious Programs$500
Colgate University Hamilton, NYVarious Programs$500
Make a Wish Foundation Trumbull, CTVarious Programs$500
Salvation Army Bridgeport, CTVarious Programs$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2024$223,561$7,037$45,199$43,00011$43,000$13,302
2023$261,723$-4,246$33,856$31,20015$31,200$7,105
2022$299,825$16,720$26,659$21,69321$21,693$16,720
2021$309,764$21,247$23,292$20,47119$20,471$21,154
2020$311,809$78,022$19,347$18,76918—$77,794

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s 2024 filing describes its direct charitable activities as educational support and support for a breast health program. Its 2024 grants also went to educational institutions and scholarship funds, cancer research organizations, and other charitable organizations.

Grantees describe their own missions as follows: Sacred Heart University says it prepares students for the future and offers undergraduate, graduate, and doctoral degrees; Memorial Sloan Kettering Cancer Center describes its work as cancer prevention, treatment, and cure, including research and education; and the Center for Family Justice says it works to break the cycle of domestic, sexual, and child abuse and violence. These are the grantees’ descriptions of their missions.

Grantmaking

In 2024, the foundation gave $43,000 in 11 grants. Grants ranged from $500 to $26,000, with a median grant of $1,000. Its largest awards were $26,000 to Sacred Heart University for various programs, $6,000 to Lauralton Hall for a scholarship fund, and $5,000 to Curtis Summer Camp Fund Inc for scholarships.

Other 2024 grants included $1,500 to St Jude Children’s Research Hospital for research; $1,000 each to the Gary Sinise Foundation for various programs and Memorial Sloan Kettering Cancer Center for research; and $500 each to Catholic Academy of Bridgeport, Colgate University, Make A Wish Foundation, Salvation Army, and the Center for Family Justice, all for various programs.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Robert D Russo Jr MD as president, Arlyne E Russo as vice president/secretary, and Robert D Russo III as director.

Russo Family Foundation Inc is led by Robert D. Russo Jr. MD, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Robert D. Russo Jr. MD

    President

    On filings since 2020

    No compensation reported

  • Robert D. Russo III

    Director

    On filings since 2020

    No compensation reported

  • Arlyne E. Russo

    Vice President & Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Russo Family Foundation Inc

How much does Russo Family Foundation Inc give each year?

Russo Family Foundation Inc gave $43K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $31K across 15 grants.

What is Russo Family Foundation Inc's typical grant size?

Russo Family Foundation Inc's median grant in 2024 was $1,000, and its average grant was $3,909, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Russo Family Foundation Inc that year got $13K on average.

Where does Russo Family Foundation Inc give grants?

Russo Family Foundation Inc gives mostly in Connecticut: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (7%). The most frequent recipient cities were Bridgeport, CT (3 grants), Fairfield, CT (2 grants) and New York, NY (2 grants).

Does Russo Family Foundation Inc give general operating support?

Not in 2024: none of the 11 grants with a stated purpose on Russo Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Various Programs" (7 grants).

Who are Russo Family Foundation Inc's largest grantees?

Russo Family Foundation Inc's largest 2024 grantees include Sacred Heart University ($26,000), Lauralton Hall ($6,000) and Curtis Summer Camp Fund Inc ($5,000), according to its 2024 IRS Form 990-PF. Together they received 86% of its itemized 2024 grant dollars.

How large is Russo Family Foundation Inc?

Russo Family Foundation Inc reported $224K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $7K.

What does Russo Family Foundation Inc fund?

The foundation’s 2024 filing describes its direct charitable activities as educational support and support for a breast health program. Its 2024 grants also went to educational institutions and scholarship funds, cancer research organizations, and other charitable organizations. See mission & focus areas ↑

How do I apply for a grant from Russo Family Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Russo Family Foundation Inc's EIN?

Russo Family Foundation Inc's EIN (Employer Identification Number) is 06-1552407. IRS Form 990 filing data is available on this page for 2020–2024.

Does Russo Family Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Russo Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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