Russo Family Foundation Inc

FAIRFIELD, CT EIN: 06-1552407

Russo Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRFIELD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $224K in total assets. In 2024, it awarded 11 grants totaling $43K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$224K

-14.6% YoY

Annual Giving

$43K

+37.8% YoY

Grant Count

11

-26.7% YoY

Avg Grant Size

$4K

+87.9% YoY

About Russo Family Foundation Inc

Based on IRS filings

Russo Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRFIELD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $224K in total assets. In 2024, it awarded 11 grants totaling $43K. Net investment income was $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AtlantaBridgeportChicagoColcesterFairfieldHamdenHamiltonHartfordMemphisMilfordNashvilleNew YorkNorwalkPurchaseRaymondSan FranciscoSimsburySouthportStorrsStratford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$21K$43K$64K$86K20202021202220232024
Metric202420232022
Total Assets$223,561$261,723$299,825
Revenue$7,037$-4,246$16,720
Expenses$45,199$33,856$26,659
Qualifying Distributions$43,000$31,200$21,693
Net Investment Income$13,302$7,105$16,720
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$22K$32K$43K18 grants202019 grants202121 grants202215 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SACRED HEART UNIVERSITY$26KLAURALTON HALL$6KCURTIS SUMMER CAMP FUND …$5KST JUDE CHILDRENS RESEAR…$2KGARY SINISE FOUNDATION$1KMEMORIAL SLOAN KETTERING…$1KCATHOLIC ACADEMY OF BRID…$500COLGATE UNIVERSITY$500MAKE A WISH FOUNDATION$500SALVATION ARMY$500

Grant Size Distribution

84 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT D RUSSO JR MDPRESIDENT
ARLYNE E RUSSOVICE PRESIDENT/SECRETARY
ROBERT D RUSSO IIIDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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