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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
84 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sacred Heart University ($26,000), Lauralton Hall ($6,000), Curtis Summer Camp Fund Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CATHOLIC ACADEMY OF BRIDGEPORT BRIDGEPORT, CT | VARIOUS PROGRAMS | $500 |
| COLGATE UNIVERSITY HAMILTON, NY | VARIOUS PROGRAMS | $500 |
| CURTIS SUMMER CAMP FUND INC FAIRFIELD, CT | SCHOLARSHIPS | $5,000 |
| GARY SINISE FOUNDATION NASHVILLE, TN | VARIOUS PROGRAMS | $1,000 |
| LAURALTON HALL MILFORD, CT | SCHOLARSHIP FUND | $6,000 |
| MAKE A WISH FOUNDATION TRUMBULL, CT | VARIOUS PROGRAMS | $500 |
| MEMORIAL SLOAN KETTERING CANCER CENTER NEW YORK, NY | RESEARCH | $1,000 |
| SACRED HEART UNIVERSITY FAIRFIELD, CT | VARIOUS PROGRAMS | $26,000 |
| SALVATION ARMY BRIDGEPORT, CT | VARIOUS PROGRAMS | $500 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL NEW YORK, NY | RESEARCH | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT D RUSSO JR MD | PRESIDENT | — | — |
| ARLYNE E RUSSO | VICE PRESIDENT/SECRETARY | — | — |
| ROBERT D RUSSO III | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Russo Family Foundation Inc?
Russo Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRFIELD, CT. It holds $224K in total assets as of 2024.
How large is Russo Family Foundation Inc?
As of 2024, Russo Family Foundation Inc holds $224K in total assets with $7K in annual revenue. It awarded 11 grants totaling $43K in 2024.
Where does Russo Family Foundation Inc operate?
Russo Family Foundation Inc has awarded grants in California, Connecticut, Florida, Georgia, Illinois, Maine, New York, Tennessee.
What size grants does Russo Family Foundation Inc award?
In 2024, Russo Family Foundation Inc awarded 11 grants totaling $43K — an average of about $4K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Russo Family Foundation Inc'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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