The Herman J Russell Foundation

Private foundation · Grantmaker Detroit, MI EIN: 58-6343476

The Herman J Russell Foundation is a private foundation, based in Detroit, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $738K in total assets. In 2024, it awarded 3 grants totaling $255K. Net investment income was $29K.

Key facts about The Herman J Russell Foundation

In short: The Herman J Russell Foundation gave $255K across 3 grants in 2024 (avg $85K), mostly in Georgia. Source: 2024 IRS Form 990-PF.

EIN
58-6343476
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$255,000
Grants made (2024)
3
Average grant
$85,000
Median grant
$60,000
Total assets
$737,665
Primary geography
Georgia (76% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$738K

+67.6% YoY

Annual Giving

$255K

-94.1% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$85K

-92.1% YoY

Under IRS private-foundation payout rules, The Herman J Russell Foundation reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

How The Herman J Russell Foundation gives

  • In 2024 it paid out 630% of its IRS minimum distribution (the 5% rule). Method

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

Your AI grants department

Ready to take the next step with The Herman J Russell Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

AtlantaMariettaBostonSavannah

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M0 grants2020 0 grants2021 0 grants2022 4 grants2023 3 grants2024

From 2023 to 2024, annual grant giving ranged from $255K (2024) to $4.3M (2023). In 2024 it made 3 grants totaling $255K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Herman J Russell Center for Innovation: $150KHerman J Russell Center forInnovation$150KAmerican Ancestors: $60KAmerican Ancestors$60KNamc Greater Atlanta Inc: $45KNamc Greater Atlanta Inc$45K

The largest 2024 recipient was Herman J Russell Center for Innovation ($150K). Together the top 3 received $255K.

Grant Size Distribution

7 grants across all recorded years

3<$50K2$50–100K1$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 3 grants of 7 (43%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Herman J Russell Center for Innovation Atlanta, GASupport of Daily Operations$150,000
American Ancestors Boston, MASupport of Daily Operations$60,000
Namc Greater Atlanta Inc Marietta, GASupport of Daily Operations$45,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$737,665$440,041$19,694
Revenue$558,842$4,741,110$3,313
Expenses$260,160$4,323,772$3,750
Qualifying Distributions$255,000$4,320,000—
Net Investment Income$28,718$10,117—
Distributable Amount$40,487$18,238$2,540

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Herman J Russell Foundation is led by Donata R. Ross Co Concessions Inter, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Donata R. Ross Co Concessions Inter

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • H. Jermone Russll Co Hj Russell

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael J. Russell Co Hj Russel C.

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Herman J Russell Foundation

How much does The Herman J Russell Foundation give each year?

The Herman J Russell Foundation gave $255K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4.3M across 4 grants.

What is The Herman J Russell Foundation's typical grant size?

The Herman J Russell Foundation's median grant in 2024 was $60,000, and its average grant was $85,000, across 3 grants on its 2024 IRS Form 990-PF.

Where does The Herman J Russell Foundation give grants?

The Herman J Russell Foundation gives mostly in Georgia: 76% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (24%).

Does The Herman J Russell Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on The Herman J Russell Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support of Daily Operations" (3 grants).

How large is The Herman J Russell Foundation?

The Herman J Russell Foundation reported $738K in total assets on its 2024 IRS Form 990-PF. It paid out $255K in qualifying distributions that year, against a required minimum of $40K (roughly 5% of its investment assets).

What is The Herman J Russell Foundation's EIN?

The Herman J Russell Foundation's EIN (Employer Identification Number) is 58-6343476. IRS Form 990 filing data is available on this page for 2020–2024.

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

Your AI grants department

Here's the math on researching The Herman J Russell Foundation by hand.

Explore Open Grants

Browse active grant opportunities in The Herman J Russell Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Michigan

The Rich Foundation Inc

Atlanta, GA

The Rich Foundation funds arts, education, hunger relief, gardens, healthcare, and other community initiatives, directing its giving to the Metro Atlanta area. Its 2024 grants ranged from $2,500 to $150,000, with a median of $50,000. It accepts applications and does not limit giving to preselected organizations; no deadline is stated.

Assets

$51.7M

Grants

37

Total Given

$2.1M

The Coca-Cola Foundation Inc

Atlanta, GA

The Coca-Cola Foundation funds 501(c)(3) organizations working on water access and conservation, recycling, disaster response, economic prosperity, education and youth development, arts and culture, women’s empowerment, and community well-being. In 2024, grants ranged from $10,000 to $5 million, with a median of about $257,000, supporting communities worldwide where Coca-Cola operates and its employees live and work, including Atlanta. The profile does not state whether unsolicited requests are accepted.

Assets

$533.9M

Grants

246

Total Given

$117.2M

Community Foundation of the Chattahoochee Valley Inc

Columbus, GA

The Community Foundation of the Chattahoochee Valley supports nonprofits through donor-advised and discretionary grants, with a broad range of recipients and a primary focus on the Chattahoochee Valley, though it also gives beyond the region. In 2024, its median grant was $18,000, with awards ranging from $5,042 to $8 million; most donor-advised funds do not accept applications, while competitive programs may accept requests when open.

Philanthropy, Voluntarism & Grantmaking

Assets

$392.3M

Grants

207

Total Given

$25.9M

The Chicago Community Trust

Chicago, IL

The Chicago Community Trust funds nonprofits addressing economic mobility, wealth gaps, and urgent community needs, with priorities including homeownership, small businesses, education, quality jobs, and investment in underinvested communities. Its 2025 itemized grants had a median of $26,500, though awards vary widely; grants generally benefit Chicago-region residents, and the Trust directs applicants to open opportunities but does not state whether it accepts unsolicited requests.

Assets

$7.1B

Grants

4,316

Total Given

$1.2B

Georgia Power Foundation Inc

Atlanta, GA

The foundation supports health, education and workforce development, the environment, arts and culture, and community initiatives, prioritizing Georgia, where 86% of its 2024 grant dollars went. Its 2024 grants ranged from $500 to $1 million, with a median of $10,000. The Georgia Power Grant is invitation-only and does not accept unsolicited requests.

Assets

$217.0M

Grants

517

Total Given

$18.6M

Publix Super Markets Charities Inc

Lakeland, FL

Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.

Assets

$233.8M

Grants

3,269

Total Given

$52.5M

Rockefeller Brothers Fund Inc

New York, NY

The Rockefeller Brothers Fund supports work on democracy, sustainable development, and peacebuilding, as well as programs in China, Central America, the Western Balkans, and New York City arts and culture. Its typical grant range is $25,000–$400,000, with a 2024 median of $60,000. It accepts unsolicited requests in Southern China and Democratic Practice, though grants are unlikely; its Peacebuilding program rarely considers unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.4B

Grants

646

Total Given

$60.4M

Fraser-Parker Foundation

Atlanta, GA

The Fraser-Parker Foundation supports a broad range of charitable organizations, including schools, higher education, arts, trails, and community and human services, with most of its giving in Georgia. In 2024, grants ranged from $25,000 to $1.5 million, with a median of $100,000. It accepts no unsolicited funding requests and gives only to preselected organizations.

Assets

$219.1M

Grants

40

Total Given

$8.3M

Mary Lane Morrison Foundation Inc

Savannah, GA

The foundation supports charitable organizations, including schools, history and cultural groups, and programs for children and youth, primarily in Georgia. Its 2025 grants ranged from $1,000 to $27,500, with a median of $2,500. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$2.1M

Grants

20

Total Given

$128K

The Selig Foundation Inc

Atlanta, GA

The Selig Foundation supports organizations across Jewish communal life, education, arts and culture, health, and social services, with most of its giving going to Georgia. Its 2025 grants ranged from $50 to $393,650, with a median of $2,125; it accepts written applications stating the requested amount and purpose, and lists no deadline.

Assets

$320K

Grants

68

Total Given

$1.2M

WK Kellogg Foundation

Battle Creek, MI

The W.K. Kellogg Foundation funds community-led work focused on children’s health and education, good food, family economic security, racial equity and equitable opportunity. It gives across the United States, with long-term commitments in Michigan, Mississippi, New Mexico and New Orleans, and also funds in parts of Mexico and Haiti; its 2024 median grant was $100,000. It accepts proposals at any time through its website and does not limit giving to preselected organizations.

Assets

$481.0M

Grants

1,818

Total Given

$303.9M

Community Foundation for Southeast Michigan

Detroit, MI

The Community Foundation for Southeast Michigan funds work in economic opportunity, health equity, youth and education, arts and culture, and public space and the environment across Wayne, Oakland, Macomb, Monroe, Washtenaw, St. Clair, and Livingston counties. Its 2024 median grant was $25,000, though awards varied widely; organizations can submit a brief proposal request for its Community Grants Program, with full applications by invitation.

Assets

$1.2B

Grants

938

Total Given

$105.1M

More Funders in Michigan

The Herman J Russell Foundation down — hundreds of funders to go?

Want AI to do this for you?