The Russell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $352K in total assets. In 2024, it awarded 3 grants totaling $320K. Net investment income was $236K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$352K
-19.7% YoY
Annual Giving
$320K
+137.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$107K
+137.0% YoY
Under IRS private-foundation payout rules, The Russell Family Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
About The Russell Family Foundation
Based on IRS filings
The Russell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $352K in total assets. In 2024, it awarded 3 grants totaling $320K. Net investment income was $236K.
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 | $351,856 | $438,075 | $421,506 |
| Revenue | $262,682 | $156,577 | $241,424 |
| Expenses | $323,786 | $138,779 | $36,070 |
| Qualifying Distributions | $320,000 | $135,109 | $36,070 |
| Net Investment Income | $235,892 | $139,720 | $241,424 |
| Distributable Amount | $26,422 | $23,351 | $17,379 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Highway Tabernacle Church ($150,000), American Policy Round Table ($130,000), Heart Reach Neighborhood Ministries ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN POLICY ROUND TABLE STRONGSVILLE, OH | GENERAL | $130,000 |
| HEART REACH NEIGHBORHOOD MINISTRIES YOUNGSTOWN, OH | GENERAL | $40,000 |
| HIGHWAY TABERNACLE CHURCH YOUNGSTOWN, OH | GENERAL | $150,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WAYLAND J RUSSELL | PRESIDENT/TRUSTEE | — | — |
| MICHAEL PECCHIA | SECRETARY | — | — |
| DONNA RUSSELL | TREASURER/TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Russell Family Foundation?
The Russell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. It holds $352K in total assets as of 2024.
How large is The Russell Family Foundation?
As of 2024, The Russell Family Foundation holds $352K in total assets with $263K in annual revenue. It awarded 3 grants totaling $320K in 2024.
Where does The Russell Family Foundation operate?
The Russell Family Foundation has awarded grants in Florida, New York, Ohio, Tennessee.
What size grants does The Russell Family Foundation award?
In 2024, The Russell Family Foundation awarded 3 grants totaling $320K — an average of about $107K per grant, based on its IRS Form 990 filings.
How much is The Russell Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Russell Family Foundation reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Russell Family Foundation's EIN?
The Russell Family Foundation's EIN (Employer Identification Number) is 34-1885760. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Russell Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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