The Russenberger Foundation Inc

Private foundation · Grantmaker Pensacola, FL EIN: 59-3448020

The Russenberger Foundation Inc is a private foundation, based in Pensacola, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13 in total assets. In 2024, it awarded 1 grant totaling $40K. Net investment income was $1.

Key facts about The Russenberger Foundation Inc

In short: The Russenberger Foundation Inc gave $40K across 1 grant in 2024 (avg $40K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
59-3448020
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$40,000
Grants made (2024)
1
Average grant
$40,000
Median grant
$40,000
Total assets
$13
Primary geography
Florida (100% 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

$13

-68.3% YoY

Annual Giving

$40K

-11.1% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$40K

+77.8% YoY

Under IRS private-foundation payout rules, The Russenberger Foundation Inc reported a distributable amount of $2 for 2024 — the minimum it must pay out in qualifying distributions.

How The Russenberger Foundation Inc gives

  • Giving fell 45% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2024 grant dollars on its one itemized grant.

Cities

PensacolaBentonAtlantaDes Moines

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K8 grants2020 4 grants2021 6 grants2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $40K (2024) to $110K (2020). In 2024 it made 1 grant totaling $40K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

The Salvation Army: $40KThe Salvation Army$40K

The largest 2024 recipient was The Salvation Army ($40K).

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 21 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Salvation Army Pensacola, FLTo Further Exempt Purpose$40,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$13$41$24
Revenue$40,501$45,698$96,651
Expenses$40,529$45,681$96,650
Qualifying Distributions$40,000$45,000$96,000
Net Investment Income$1$9$1
Distributable Amount$2$157$1

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 Russenberger Foundation Inc is led by Ray D. Russenberger, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ray D. Russenberger

    President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Valerie Russenberger

    Director

    On filings since 2020

    0.5 hrs/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 Russenberger Foundation Inc

How much does The Russenberger Foundation Inc give each year?

The Russenberger Foundation Inc gave $40K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $45K across 2 grants.

How large is The Russenberger Foundation Inc?

The Russenberger Foundation Inc reported $13 in total assets on its 2024 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $2 (roughly 5% of its investment assets).

Where does The Russenberger Foundation Inc operate?

The Russenberger Foundation Inc has awarded grants in Arkansas, Florida, Georgia, Iowa.

What is The Russenberger Foundation Inc's EIN?

The Russenberger Foundation Inc's EIN (Employer Identification Number) is 59-3448020. 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.

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