The Anne B Larussa Foundation of Hope
The Anne B Larussa Foundation of Hope is a private foundation, based in Birmingham, AL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $322K in total assets. In 2025, it made $27 in qualifying distributions. Net investment income was $17K.
The Anne B Larussa Foundation of Hope at a glance
- Total assets
- $321,730
- -1.8% vs 2024
- Revenue (2025)
- $17,860
- +32.3% vs 2024
- Qualifying distributions (2025)
- $27
- +58.8% vs 2024
- Expenses (2025)
- $23,592
- +1539.5% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Anne B Larussa Foundation of Hope funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How The Anne B Larussa Foundation of Hope gives
- In 2025 it paid out 0% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2019 to 2021, annual grant giving ranged from $250K (2021) to $270K (2020). In 2021 it made 1 grant totaling $250K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Children's Hospital of Alabama Birmingham, AL | Behavioral Health | $250,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $321,730 | $17,860 | $23,592 | — | — | $27 | $16,515 | $17,673 |
| 2024 | $327,462 | $13,502 | $1,439 | — | — | $17 | $12,080 | $15,884 |
| 2023 | $317,080 | $7,440 | $3,071 | — | — | $1,015 | $5,663 | $14,124 |
| 2022 | $312,711 | $-695 | $1,168 | — | — | $10 | $4,871 | $14,202 |
| 2021 | $314,574 | $10,453 | $251,559 | $250,000 | 1 | $250,028 | $8,922 | $21,616 |
| 2020 | $555,576 | $86,902 | $278,526 | $270,000 | 2 | — | $72,214 | $31,033 |
| 2019 | $746,242 | $56,038 | $270,799 | $255,816 | 5 | — | $47,691 | $45,618 |
Under IRS private-foundation payout rules, The Anne B Larussa Foundation of Hope reported a distributable amount of $18K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Anne B Larussa Foundation of Hope is led by Karen Larussa Persinger, President & Treasurer on every filing since 2022; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Karen Larussa Persinger
President & Treasurer
On filings since 2022
20 hrs/week
No compensation reported
Chelsea Larussa Heslop
Director
On filings since 2019
5 hrs/week
No compensation reported
Marian Larussa Phillips
Vice President & Secretary
On filings since 2019
20 hrs/week
No compensation reported
Former officers (4)
- Former: Anne B. Larussa (2019–2021) — President, Treasurer & Director
- Former: Carey B. McRae (2019) — Director
- Former: M. James Gorrie (2019) — Director
- Former: Robin Sparks Davis (2019) — Executive Director
Data from IRS Form 990 filings, 2019–2025. "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 The Anne B Larussa Foundation of Hope
How large is The Anne B Larussa Foundation of Hope?
The Anne B Larussa Foundation of Hope reported $322K in total assets on its 2025 IRS Form 990-PF. It paid out $27 in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Anne B Larussa Foundation of Hope operate?
The Anne B Larussa Foundation of Hope has awarded grants in Alabama, Tennessee.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 1, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 16, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Anne B Larussa Foundation of Hope's focus areas in our free grants database
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