Russo Family Foundation
The Russo Family Foundation is a private foundation based in Palm Beach Gardens, Florida, and files Form 990-PF. Its 2026 grants went to organizations and individual recipients supporting education, refugees, Jewish communal and educational activities, youth, public safety, and cancer research.
Key facts about Russo Family Foundation
In short: Russo Family Foundation gave $124K across 20 grants in 2026 (avg $6K), mostly in New York. 33% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.
- EIN
- 20-3950808
- Latest 990 filing
- Form 990-PF, 2026
- Annual giving (2026)
- $123,525
- Grants made (2026)
- 20
- Average grant
- $6,176
- Median grant
- $750
- New grantees (estimate)
- 33% first-time grantees (6 of 18, 2026; small sample)
- Total assets
- $589,391
- Primary geography
- New York (87% of itemized 2026 grant dollars)
- 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. Full details ↓
Data from IRS Form 990-PF, 2026; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$589K
-13.5% YoY
Annual Giving
$124K
+33.9% YoY
Grant Count
20
-4.8% YoY
Avg Grant Size
$6K
+40.6% YoY
Under IRS private-foundation payout rules, Russo Family Foundation reported a distributable amount of $30K for 2026 — the minimum it must pay out in qualifying distributions.
Is Russo Family Foundation open to new grantees?
33%
first-time grantees, 2026
In 2026, 6 of 18 grantees (33%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $957; repeat grants $6K. How we count
Medians: $270 first-time, $875 repeat.
- 61% of 2026 grantees were also funded in 2025. Method
- Giving fell 24% from 2023 to 2026. Method
- In 2026 it paid out 411% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2026). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement is provided. The 2026 grants show support for scholarships and education, refugee assistance, Jewish communal services and learning, youth development, public safety, local nonprofits, and cancer research.
Among its grantees, the Palm Beach County Sheriff’s Foundation says its mission is to help underprivileged children, enhance public safety, and assist deputies in need. New Yorkers for Children says it improves the well-being of youth and families in the child welfare system, with an emphasis on older youth aging out of the system. Aish Global says it aims to inspire people to live thoughtful, spiritual, and impactful lives through Jewish learning and wisdom.
Grantmaking
In filing year 2026, the foundation reported 20 grants totaling $123,525. Grant amounts ranged from $25 to $50,000, with a median of $750.
The largest grants included $50,000 to the Institute for International Ed for scholarships for students whose lives are in jeopardy, and $50,000 to the International Refugee Assistance Pr for financial assistance for refugees. Other grants included $10,000 to the Jewish Federation of Palm Beach Cty for Jewish communal services; $4,000 to an individual recipient for college education; $2,175 to Impact for local nonprofits in Palm Beach County; and $1,000 each to Pan Mass Challenge for cancer research, New Yorkers for Children for underserved youth, the Palm Beach County Sheriffs Foundation for police services, and PEF Israel Endowment for Jewish education.
How to Apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with Russo Family Foundation?
Geographic Focus
Where this funder awards grants
In 2026, recipients in New York received 87% of grant dollars and recipients in Florida received 11%. Recipients in New Jersey and Massachusetts each received 1%; Connecticut received less than 1%.
Grant Distribution by State
Share of 2026 grant dollars across all 20 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $92K (2025) to $162K (2023). In 2026 it made 20 grants totaling $124K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2026
The largest 2026 recipient was Institute for International Ed ($50K). Together the top 10 received $117K.
Organizations only. It also paid 2 grants to individuals ($4,750), which are not listed by name.
Grant Size Distribution
110 grants across all recorded years
The most common grant size was under $50K: 104 grants of 110 (95%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Institute for International Ed New York, NY | Scholarships for education of students whose lives are in jeopardy | $50,000 |
| International Refugee Assistance Pr New York, NY | Financial assistance for refugees | $50,000 |
| Jewish Federation of Palm Beach Cty West Palm Beach, FL | Support for jewish communal services | $10,000 |
| 2 grants to individuals Recipients not named | — | $4,750 |
| Impact Palm Beach, FL | Support for local nonprofits in Palm Beach County | $2,175 |
| Pan Mass Challenge Needham, MA | Cancer research | $1,000 |
| New Yorkers for Children New York, NY | Support for underserved youth | $1,000 |
| Palm Beach County Sheriffs Foundation West Palm Beach, FL | Support for police services | $1,000 |
| PEF Israel Endowment New York, NY | Support of jewish education | $1,000 |
| Aish Global Clifton, NJ | Study of judaism | $750 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant total | Grant count |
|---|---|---|---|---|---|
| 2026 | $589,391 | $33,005 | $125,054 | $123,525 | 20 |
| 2025 | $681,440 | $37,889 | $93,133 | $92,263 | 21 |
| 2024 | $736,684 | -$4,294 | $134,711 | $131,668 | 27 |
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $589,391 | $681,440 | $736,684 |
| Revenue | $33,005 | $37,889 | $-4,294 |
| Expenses | $125,054 | $93,133 | $134,711 |
| Qualifying Distributions | $125,054 | $93,133 | $134,711 |
| Net Investment Income | $31,476 | $37,019 | $30,325 |
| Distributable Amount | $30,399 | $32,026 | $29,769 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 14, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2026 filing lists Marcy Russo and Thomas Russo as trustees.
Russo Family Foundation's 2026 filing lists 2 officers; none of the 2 officers listed in 2026 report compensation.
Officers on the 2026 filing
Marcy Russo
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Thomas Russo
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 11527 Green Bayberry Drive, Palm Beach Gardens, FL 33418
Phone: (917) 923-0329
Frequently asked questions about Russo Family Foundation
How much does Russo Family Foundation give each year?
Russo Family Foundation gave $124K across 20 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $92K across 21 grants.
What is Russo Family Foundation's typical grant size?
Russo Family Foundation's median grant in 2026 was $750, and its average grant was $6,176, across 20 grants on its 2026 IRS Form 990-PF. Organizations receiving their first grant from Russo Family Foundation that year got $957 on average.
Where does Russo Family Foundation give grants?
Russo Family Foundation gives mostly in New York: 87% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest state was Florida (11%). The most frequent recipient cities were New York, NY (8 grants) and West Palm Beach, FL (4 grants).
Does Russo Family Foundation give general operating support?
Not in 2026: none of the 20 grants with a stated purpose on Russo Family Foundation's 2026 IRS Form 990-PF were described as general or operating support.
Who are Russo Family Foundation's largest grantees?
Russo Family Foundation's largest 2026 grantees include Institute for International Ed ($50,000), International Refugee Assistance Pr ($50,000) and Jewish Federation of Palm Beach Cty ($10,000), according to its 2026 IRS Form 990-PF. It also paid 2 grants to individuals ($4,750), which are not listed by name. Together they received 89% of its itemized 2026 grant dollars.
How large is Russo Family Foundation?
Russo Family Foundation reported $589K in total assets on its 2026 IRS Form 990-PF. It paid out $125K in qualifying distributions that year, against a required minimum of $30K (roughly 5% of its investment assets).
What does Russo Family Foundation fund?
No mission statement is provided. The 2026 grants show support for scholarships and education, refugee assistance, Jewish communal services and learning, youth development, public safety, local nonprofits, and cancer research. See mission & focus areas ↑
How do I apply for a grant from Russo Family Foundation?
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's EIN?
Russo Family Foundation's EIN (Employer Identification Number) is 20-3950808. IRS Form 990 filing data is available on this page for 2021–2026.
Does Russo Family Foundation 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 October 2026.
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