Ruth and Russell Anderson Charitable Foundation

LARGO, FL EIN: 87-2443445

Ruth and Russell Anderson Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LARGO, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 11 grants totaling $210K. Net investment income was $297K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6M

+32.5% YoY

Annual Giving

$210K

+54.4% YoY

Grant Count

11

+83.3% YoY

Avg Grant Size

$19K

-15.8% YoY

Under IRS private-foundation payout rules, Ruth and Russell Anderson Charitable Foundation reported a distributable amount of $215K for 2024 — the minimum it must pay out in qualifying distributions.

About Ruth and Russell Anderson Charitable Foundation

Based on IRS filings

Ruth and Russell Anderson Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LARGO, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 11 grants totaling $210K. Net investment income was $297K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

ClearwaterEvanstonFairfieldIndian Rocks BeachLargoLynnwoodOldsmarPinellas ParkSaint PetersburgTampaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$112K$225K$337K$450K2021202220232024
Metric202420232022
Total Assets$4,636,401$3,498,640
Revenue$353,737$167,895$408,800
Expenses$217,206$317,736$362,496
Qualifying Distributions$248,629$170,000
Net Investment Income$297,002$216,275
Distributable Amount$215,328$186,126$191,614

Giving Over Time

Total grant dollars and number of grants per year

$0$53K$105K$158K$210K0 grants20219 grants20226 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Suncoast Hospice Foundat…$75KClearwater Jazz Holiday$25KClothes to Kids$25KSuncoast Hospice Foundat…$20KPinellas Hope$15KOldmar Cares$10KClothes to Kids$10KOldmar Cares$10KKorean Presbyterian Church$10KChildrens Dream Fund$5K

Grant Size Distribution

26 grants across all recorded years

23<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Suncoast Hospice Foundation ($75,000), Clearwater Jazz Holiday ($25,000), Clothes to Kids ($25,000).

RecipientPurposeAmount
Oldmar Cares Oldsmar, FLCharitable 501c3 Non-Profit$10,000
Suncoast Hospice Foundation Saint Petersburg, FLCharitable 501c3 Non-Profit$75,000
Clearwater Jazz Holiday Clearwater, FLCharitable 501c3 Non-Profit$25,000
Clothes to Kids Tampa, FLCharitable 501c3 Non-Profit$25,000
Clothes to Kids Tampa, FLCharitable 501c3 Non-Profit$10,000
Suncoast Hospice Foundation Saint Petersburg, FLCharitable 501c3 Non-Profit$20,000
Oldmar Cares Oldsmar, FLCharitable 501c3 Non-Profit$10,000
Childrens Dream Fund Saint Petersburg, FLCharitable 501c3 Non-Profit$5,000
Korean Presbyterian Church Pinellas Park, FLCharitable 501c3 Non-Profit$10,000
Marines - Toys for Tots Clearwater, FLCharitable 501c3 Non-Profit$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Jason M JacobsDirector Treasurer$48KGeorge WeiskopfDirector Vice President$48KWilliam K LovelaceDirector President Secretary$45K

From 2024 filing

NameTitleHoursCompensation
William K LovelaceDirector President Secretary2$44,681
Jason M JacobsDirector Treasurer2$47,790
George WeiskopfDirector Vice President2$47,790

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ruth and Russell Anderson Charitable Foundation?

Ruth and Russell Anderson Charitable Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in LARGO, FL. It holds $4.6M in total assets as of 2024.

How large is Ruth and Russell Anderson Charitable Foundation?

As of 2024, Ruth and Russell Anderson Charitable Foundation holds $4.6M in total assets with $354K in annual revenue. It awarded 11 grants totaling $210K in 2024.

Where does Ruth and Russell Anderson Charitable Foundation operate?

Ruth and Russell Anderson Charitable Foundation has awarded grants in Connecticut, District of Columbia, Florida, Illinois, Washington.

What size grants does Ruth and Russell Anderson Charitable Foundation award?

In 2024, Ruth and Russell Anderson Charitable Foundation awarded 11 grants totaling $210K — an average of about $19K per grant, based on its IRS Form 990 filings.

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 2024, Ruth and Russell Anderson Charitable Foundation reported a distributable amount of $215K 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 2021–2024.

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

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