The Heineman-Russell Family Foundation
The Heineman-Russell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW CANAAN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 9 grants totaling $1.1M. Net investment income was $223K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.2M
-13.6% YoY
Annual Giving
$1.1M
+17.5% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$127K
-8.6% YoY
About The Heineman-Russell Family Foundation
Based on IRS filings
The Heineman-Russell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW CANAAN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 9 grants totaling $1.1M. Net investment income was $223K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,203,670 | $7,177,715 | $6,584,224 |
| Revenue | $240,436 | $1,594,867 | $662,380 |
| Expenses | $1,214,481 | $1,001,376 | $765,726 |
| Qualifying Distributions | $1,142,349 | $972,546 | $740,000 |
| Net Investment Income | $223,304 | $1,576,037 | $636,654 |
| Distributable Amount | $383,717 | $453,821 | $540,930 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Benjamin W Heineman | Trustee | 0.25 | — |
| Cristine Russel Heineman | Trustee | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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NEW BRITAIN, CT
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Grants
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Total Given
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Assets
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Total Given
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Alderman Family Foundation
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Assets
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Grants
5
Total Given
$650
Calf Island Foundation
GREENWICH, CT
Assets
$172K
Grants
1
Total Given
$10K
Russel R Taylor Foundation
GREENWICH, CT
Assets
$2.6M
Grants
3
Total Given
$224K
Nancy a Larson Foundation Inc
OLD LYME, CT
Assets
$9K
Grants
8
Total Given
$12K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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