Ruth and Russell Anderson Charitable Foundation

Private foundation · Grantmaker Largo, FL EIN: 87-2443445

Ruth and Russell Anderson Charitable Foundation is a private foundation, based in Largo, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.9M in total assets. In 2025, it awarded 6 grants totaling $240K. Net investment income was $345K.

Ruth and Russell Anderson Charitable Foundation at a glance

In short: Ruth and Russell Anderson Charitable Foundation gave $240K across 6 grants in 2025 (avg $40K), mostly in Florida. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$240,000
+14.3% vs 2024
Grants made (2025)
6
-45.5% vs 2024
Average grant
$40,000
+109.5% vs 2024
Median grant
$27,500
Total assets
$4,868,634
+5.0% vs 2024
Primary geography
Florida (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Ruth and Russell Anderson Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Suncoast Hospice Foundation: $115KSuncoast Hospice Foundation$115KClothes to Kids: $40KClothes to Kids$40KIndian Rocks Christian School: $30KIndian Rocks Christian School$30KClearwater Jazz Holiday: $25KClearwater Jazz Holiday$25KOldmar Cares: $20KOldmar Cares$20KMorton Plant Mease HEA: $10KMorton Plant Mease HEA$10K

The largest 2025 recipient was Suncoast Hospice Foundation ($115K). Together the top 6 received $240K.

Grant Size Distribution

32 grants across all recorded years

28<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 28 grants of 32 (88%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

ClearwaterOldsmarSaint PetersburgLargoTampaWashingtonLynnwoodEvanstonFairfieldIndian Rocks BeachPinellas Park

How Ruth and Russell Anderson Charitable Foundation gives

  • Giving grew 41% from 2022 to 2025. Method
  • In 2023 it paid out 134% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2021 9 grants2022 6 grants2023 11 grants2024 6 grants2025

From 2022 to 2025, annual grant giving ranged from $136K (2023) to $240K (2025). In 2025 it made 6 grants totaling $240K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Suncoast Hospice Foundation Saint Petersburg, FLCharitable 501c3 Non-Profit$115,000
Clothes to Kids Tampa, FLCharitable 501c3 Non-Profit$40,000
Indian Rocks Christian School Largo, FLCharitable 501c3 Non-Profit$30,000
Clearwater Jazz Holiday Clearwater, FLCharitable 501c3 Non-Profit$25,000
Oldmar Cares Oldsmar, FLCharitable 501c3 Non-Profit$20,000
Morton Plant Mease HEA Clearwater, FLCharitable 501c3 Non-Profit$10,000
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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 IncomeDistributable Amount
2025$4,868,634$344,906$443,621$240,0006—$344,906$216,208
2024$4,636,401$353,737$217,206$210,00011—$297,002$215,328
2023$3,498,640$167,895$317,736$136,0006$248,629—$186,126
2022—$408,800$362,496$170,0009$170,000$216,275$191,614
2021$2,220,328———————

Under IRS private-foundation payout rules, Ruth and Russell Anderson Charitable Foundation reported a distributable amount of $216K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Ruth and Russell Anderson Charitable Foundation's 2025 filing lists 3 officers; all 3 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • William K Lovelace

    Director President Secretary

    President & Secretary → Director President Secretary, 2022

    On filings since 2021

    2 hrs/week

    $40K (2022) → $42K (2025)

  • Jason M Jacobs

    Director Treasurer

    On filings since 2024

    2 hrs/week

    $48K (2024) → $42K (2025)

  • George Weiskopf

    Director Vice President

    Director → Director Vice President, 2022

    On filings since 2021

    2 hrs/week

    $40K (2022) → $42K (2025)

Former officers (1)
  • Former: Margaret Ricciotti (2021–2023) — Director Treasurer

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

William K Lovelace — Director President Secretary: $42KWilliam K LovelaceDirector President Secretary$42KJason M Jacobs — Director Treasurer: $42KJason M JacobsDirector Treasurer$42KGeorge Weiskopf — Director Vice President: $42KGeorge WeiskopfDirector Vice President$42K

The highest reported compensation on the 2025 filing was $42K, to William K Lovelace (Director President Secretary). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Ruth and Russell Anderson Charitable Foundation

How much does Ruth and Russell Anderson Charitable Foundation give each year?

Ruth and Russell Anderson Charitable Foundation gave $240K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $210K across 11 grants.

What is Ruth and Russell Anderson Charitable Foundation's typical grant size?

Ruth and Russell Anderson Charitable Foundation's median grant in 2025 was $27,500, and its average grant was $40,000, across 6 grants on its 2025 IRS Form 990-PF.

Where does Ruth and Russell Anderson Charitable Foundation give grants?

Ruth and Russell Anderson Charitable Foundation gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Clearwater, FL (2 grants).

Does Ruth and Russell Anderson Charitable Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Ruth and Russell Anderson Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable 501c3 Non-Profit" (6 grants).

Who are Ruth and Russell Anderson Charitable Foundation's largest grantees?

Ruth and Russell Anderson Charitable Foundation's largest 2025 grantees include Suncoast Hospice Foundation ($115,000), Clothes to Kids ($40,000) and Indian Rocks Christian School ($30,000), according to its 2025 IRS Form 990-PF. Together they received 77% of its itemized 2025 grant dollars.

How large is Ruth and Russell Anderson Charitable Foundation?

Ruth and Russell Anderson Charitable Foundation reported $4.9M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $345K.

How much is Ruth and Russell Anderson Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Ruth and Russell Anderson Charitable Foundation reported a distributable amount of $216K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ruth and Russell Anderson Charitable Foundation's EIN?

Ruth and Russell Anderson Charitable Foundation's EIN (Employer Identification Number) is 87-2443445. IRS Form 990 filing data is available on this page for 2021–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2024)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 17, 2025)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2025)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 13, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
  6. IRS filings on file for fiscal years 2021–2024

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

Figures come from Ruth and Russell Anderson Charitable Foundation'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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