Russo Family Foundation Inc
Russo Family Foundation Inc is a private foundation based in Carlstadt, New Jersey. Its 2025 filing reports 29 grants totaling $522,700, including support for charitable organizations in New Jersey, New York, and Pennsylvania.
Russo Family Foundation Inc at a glance
In short: Russo Family Foundation Inc gave $523K across 29 grants in 2025 (avg $18K), mostly in New Jersey. 48% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $522,700
- -28.9% vs 2024
- Grants made (2025)
- 29
- -9.4% vs 2024
- Average grant
- $18,024
- -21.6% vs 2024
- Median grant
- $5,000
- Total assets
- $320,311
- +1.3% vs 2024
- New grantees (estimate)
- 48% first-time grantees (14 of 29, 2025)
- Primary geography
- New Jersey (88% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; 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: 570 Commerce Blvd, Carlstadt, NJ 07072
Phone: (201) 487-5657
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 2025
The largest 2025 recipient was Bethany Church ($130K). Together the top 10 received $436K.
Grant Size Distribution
137 grants across all recorded years
The most common grant size was under $50K: 118 grants of 137 (86%).
Geographic Focus
Where this funder awards grants
In 2025, 88% of grant dollars went to recipients in New Jersey, 11% to recipients in New York, and 1% to recipients in Pennsylvania.
Grant Distribution by State
Share of 2025 grant dollars across all 29 itemized grants.
Cities
Is Russo Family Foundation Inc open to new grantees?
48%
first-time grantees, 2025
In 2025, 14 of 29 grantees (48%) were first-time recipients. First grants averaged $7K; repeat grants $28K. How we count
Medians: $5K first-time, $15K repeat.
- 45% of 2025 grantees were also funded in 2024. Method
- Giving fell 41% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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
From 2020 to 2025, annual grant giving ranged from $378K (2021) to $891K (2022). In 2025 it made 29 grants totaling $523K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bethany Church Wyckoff, NJ | Offers worship, educational, and outreach programs as a christian community. | $129,600 |
| The Foundation for Eastern Christian School Association Inc North Haledon, NJ | Provides financial assistance and promotes christian education at eastern christian. | $79,500 |
| All Stars Project Inc New York, NY | Uses performance to transform the lives of underserved youth. | $58,750 |
| Meadowlands Area YMCA East Rutherford, NJ | Provides health, wellness, and youth programs in the meadowlands area. | $55,000 |
| Bergen County Historical Society River Edge, NJ | Preserves and promotes Bergen county's history through education and outreach. | $25,000 |
| The Foundation at Njit Newark, NJ | Supports New Jersey institute of technology through fundraising, scholarships, research, and institutional priorities. | $25,000 |
| United Way of Northern New Jersey Inc Cedar Knolls, NJ | Improves lives by addressing education, income, and health needs in communities. | $17,500 |
| Robert J Dinallo Memorial Scholarship Fund - Archdiocese of Newark Montvale, NJ | Provides Scholarships to Students, Supporting Educational Advancement. | $15,200 |
| Monmouth University West Long Branch, NJ | Private university focused on higher education, student development, research, and community engagement. | $15,000 |
| Soup Kitchen 411 Scotch Plains, NJ | Connects soup kitchens with donors and volunteers to combat food insecurity. | $15,000 |
Ready to take the next step with Russo Family Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $320,311 | $530,300 | $526,336 | $522,700 | 29 | $507,561 | $18,618 |
| 2024 | $316,347 | $592,800 | $743,810 | $735,275 | 32 | $737,042 | $26,431 |
| 2023 | $467,357 | $562,700 | $564,263 | $560,900 | 27 | $562,596 | $23,936 |
| 2022 | $468,920 | $1,002,200 | $896,996 | $890,700 | 29 | $893,981 | $22,579 |
| 2021 | $363,716 | $434,700 | $381,261 | $377,610 | 20 | $379,511 | $17,206 |
| 2020 | $310,277 | $415,200 | $529,988 | $523,610 | 20 | — | $21,405 |
Under IRS private-foundation payout rules, Russo Family Foundation Inc reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided in the available information. Its 2025 grants went to organizations with varied missions. For example, ALL STARS PROJECT INC says it uses performance to help youth from poor and underserved communities grow; MEADOWLANDS AREA YMCA describes programs intended to build healthy bodies, minds, and spirits; and BERGEN COUNTY HISTORICAL SOCIETY says it collects and preserves materials related to the history of Bergen County and surrounding areas.
Other 2025 grantees include organizations addressing food insecurity, such as Soup Kitchen 411 Inc, which says it connects people in need with soup kitchens and other places where they can receive meals, and Community Food Bank of New Jersey Inc, which describes its work as addressing the root causes of hunger. The grants also included support for educational institutions and scholarships.
Grantmaking
In 2025, the foundation made 29 grants totaling $522,700. Grant amounts ranged from $500 to $129,600, with a median grant of $5,000.
The largest 2025 grants included $129,600 to BETHANY CHURCH, $79,500 to THE FOUNDATION FOR EASTERN CHRISTIAN SCHOOL ASSOCIATION INC, $58,750 to ALL STARS PROJECT INC, and $55,000 to MEADOWLANDS AREA YMCA. Other grants included $25,000 each to BERGEN COUNTY HISTORICAL SOCIETY and THE FOUNDATION AT NJIT; $17,500 to UNITED WAY OF NORTHERN NEW JERSEY INC; and $15,000 each to MONMOUTH UNIVERSITY and Soup Kitchen 411 Inc.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists EDWARD RUSSO as CEO, KIMBERLY PEMBROKE as President, and SHALOM RUSSO as Treasurer/Secretary.
Russo Family Foundation Inc is led by Edward Russo, CEO on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Edward Russo
CEO
On filings since 2020
1 hr/week
No compensation reported
Kimberly Pembroke
President
On filings since 2020
0.5 hrs/week
No compensation reported
Shalom Russo
Treasurer & Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 $523K across 29 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $735K across 32 grants.
What is Russo Family Foundation Inc's typical grant size?
Russo Family Foundation Inc's median grant in 2025 was $5,000, and its average grant was $18,024, across 29 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Russo Family Foundation Inc that year got $7K on average.
Where does Russo Family Foundation Inc give grants?
Russo Family Foundation Inc gives mostly in New Jersey: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (11%). The most frequent recipient cities were Paramus, NJ (4 grants) and Newark, NJ (2 grants).
Does Russo Family Foundation Inc give general operating support?
Occasionally: 7% of Russo Family Foundation Inc's 2025 grants with a stated purpose (2 of 29) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Russo Family Foundation Inc's largest grantees?
Russo Family Foundation Inc's largest 2025 grantees include Bethany Church ($129,600), The Foundation for Eastern Christian School Association Inc ($79,500) and All Stars Project Inc ($58,750), according to its 2025 IRS Form 990-PF. Together they received 51% of its itemized 2025 grant dollars.
How large is Russo Family Foundation Inc?
Russo Family Foundation Inc reported $320K in total assets on its 2025 IRS Form 990-PF. It paid out $508K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).
What does Russo Family Foundation Inc fund?
No foundation mission statement is provided in the available information. Its 2025 grants went to organizations with varied missions. 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 81-1485458. IRS Form 990 filing data is available on this page for 2020–2025.
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
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Russo Family Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Russo Family Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Russo Family Foundation Inc funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/russo-family-foundation-inc-morg_8eb726ea03d34e40a8e90398b78e275c
BibTeX
@misc{grantable_811485458_2026,
author = {{Grantable}},
title = {{Russo Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/russo-family-foundation-inc-morg_8eb726ea03d34e40a8e90398b78e275c},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
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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