The Anne B Larussa Foundation of Hope
The Anne B Larussa Foundation of Hope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $327K in total assets. In 2024, it made $17 in qualifying distributions. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$327K
+3.3% YoY
Revenue
$14K
+81.5% YoY
Qualifying Distributions
$17
-98.3% YoY
Expenses
$1K
-53.1% YoY
Under IRS private-foundation payout rules, The Anne B Larussa Foundation of Hope reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About The Anne B Larussa Foundation of Hope
Based on IRS filings
The Anne B Larussa Foundation of Hope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $327K in total assets. In 2024, it made $17 in qualifying distributions. Net investment income was $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $327,462 | $317,080 | $312,711 |
| Revenue | $13,502 | $7,440 | $-695 |
| Expenses | $1,439 | $3,071 | $1,168 |
| Qualifying Distributions | $17 | $1,015 | $10 |
| Net Investment Income | $12,080 | $5,663 | $4,871 |
| Distributable Amount | $15,884 | $14,124 | $14,202 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN LARUSSA PERSINGER | PRESIDENT & TREASURER | 20 | — |
| MARIAN LARUSSA PHILLIPS | VICE PRESIDENT & SECRETARY | 20 | — |
| CHELSEA LARUSSA HESLOP | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Anne B Larussa Foundation of Hope?
The Anne B Larussa Foundation of Hope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $327K in total assets as of 2024.
How large is The Anne B Larussa Foundation of Hope?
As of 2024, The Anne B Larussa Foundation of Hope holds $327K in total assets with $14K in annual revenue.
Where does The Anne B Larussa Foundation of Hope operate?
The Anne B Larussa Foundation of Hope has awarded grants in Alabama.
How much is The Anne B Larussa Foundation of Hope required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Anne B Larussa Foundation of Hope reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Anne B Larussa Foundation of Hope's EIN?
The Anne B Larussa Foundation of Hope's EIN (Employer Identification Number) is 81-2616085. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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