The Wayne and Shan Russell Charitable Foundation

Private foundation · Grantmaker Montgomery, AL EIN: 63-1137357

The Wayne and Shan Russell Charitable Foundation is a private foundation, based in Montgomery, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.6M in total assets. In 2025, it awarded 21 grants totaling $108K. Net investment income was $56K.

The Wayne and Shan Russell Charitable Foundation at a glance

In short: The Wayne and Shan Russell Charitable Foundation gave $108K across 21 grants in 2025 (avg $5K), mostly in Alabama. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$108,000
+71900.0% vs 2024
Grants made (2025)
21
+2000.0% vs 2024
Average grant
$5,143
+3328.6% vs 2024
Median grant
$5,000
Total assets
$2,588,615
+172.2% vs 2024
Primary geography
Alabama (83% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated November 2026.

Who The Wayne and Shan Russell Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Stegall Seminary Scholarship Foundation: $25KStegall Seminary ScholarshipFoundation$25KAlabama Baptist Children's Homes and Family Ministries: $5KAlabama Baptist Children'sHomes and Family Ministries$5KAmerican Cancer Society: $5KAmerican Cancer Society$5KBrantwood's Children's Home: $5KBrantwood's Children's Home$5KChildren's Harbor: $5KChildren's Harbor$5KChildren's Hospital Foundation: $5KChildren's Hospital Foundation$5KFaith Broadcasting Inc: $5KFaith Broadcasting Inc$5KKing's Home: $5KKing's Home$5KMontgomery Area Food Bank: $5KMontgomery Area Food Bank$5KMontgomery Cancer Wellness Foundation: $5KMontgomery Cancer WellnessFoundation$5K

The largest 2025 recipient was Stegall Seminary Scholarship Foundation ($25K). Together the top 10 received $70K.

Grant Size Distribution

86 grants across all recorded years

85<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 85 grants of 86 (99%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

16states

Share of 2025 grant dollars across all 21 itemized grants.

Cities

MontgomeryBirminghamAlexander CityChelseaChicagoMemphisClarksburgFort MyersOrlandoTopekaChamberlainGarden ValleyKansas CityRansonWetumpkaAuburnBooneBostonBoys TownBrookline

How The Wayne and Shan Russell Charitable Foundation gives

  • Giving grew 28% from 2022 to 2025. Method
  • In 2025 it paid out 73% 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

$0$50K$100K$150K41 grants2020 11 grants2021 39 grants2022 14 grants2023 1 grant2024 21 grants2025

From 2020 to 2025, annual grant giving ranged from $150 (2024) to $108K (2025). In 2025 it made 21 grants totaling $108K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Stegall Seminary Scholarship Foundation Montgomery, ALGeneral Operations$25,000
Alabama Baptist Children's Homes and Family Ministries Birmingham, ALGeneral Operations$5,000
American Cancer Society Birmingham, ALGeneral Operations$5,000
Brantwood's Children's Home Montgomery, ALGeneral Operations$5,000
Children's Harbor Alexander City, ALGeneral Operations$5,000
Children's Hospital Foundation Birmingham, ALGeneral Operations$5,000
Faith Broadcasting Inc Montgomery, ALGeneral Operations$5,000
King's Home Chelsea, ALGeneral Operations$5,000
Montgomery Area Food Bank Montgomery, ALGeneral Operations$5,000
Montgomery Cancer Wellness Foundation Montgomery, ALGeneral Operations$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,588,615$2,056,205$109,285$108,00021$108,000$56,205$147,500
2024$951,119$13,719$150$1501$150$13,719$46,288
2023$938,007$17,751$35,184$35,15014$35,150$17,751$47,319
2022$952,980$2,424$84,711$84,70039$84,700$2,424$51,810
2021$1,032,322$350,790$4,425$4,42511$4,425$790$34,364
2020$682,086$201,309$76,599$76,50741—$1,309$27,613

Under IRS private-foundation payout rules, The Wayne and Shan Russell Charitable Foundation reported a distributable amount of $148K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Wayne and Shan Russell Charitable Foundation is led by Ronald Wayne Russell, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Ronald Wayne Russell

    Trustee

    On filings since 2020

    No compensation reported

Former officers (2)
  • Former: Shirley T. Russell (2020–2024) — Trustee
  • Former: E. Wayne Russell Jr. (2020–2022) — Trustee

Data from IRS Form 990 filings, 2020–2025. "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 Wayne and Shan Russell Charitable Foundation

How much does The Wayne and Shan Russell Charitable Foundation give each year?

The Wayne and Shan Russell Charitable Foundation gave $108K across 21 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $150 across 1 grant.

What is The Wayne and Shan Russell Charitable Foundation's typical grant size?

The Wayne and Shan Russell Charitable Foundation's median grant in 2025 was $5,000, and its average grant was $5,143, across 21 grants on its 2025 IRS Form 990-PF.

Where does The Wayne and Shan Russell Charitable Foundation give grants?

The Wayne and Shan Russell Charitable Foundation gives mostly in Alabama: 83% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Montgomery, AL (9 grants) and Birmingham, AL (4 grants).

Does The Wayne and Shan Russell Charitable Foundation give general operating support?

Yes: 100% of The Wayne and Shan Russell Charitable Foundation's 2025 grants with a stated purpose (21 of 21) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Wayne and Shan Russell Charitable Foundation's largest grantees?

The Wayne and Shan Russell Charitable Foundation's largest 2025 grantees include Stegall Seminary Scholarship Foundation ($25,000), Alabama Baptist Children's Homes and Family Ministries ($5,000) and American Cancer Society ($5,000), according to its 2025 IRS Form 990-PF. Together they received 32% of its itemized 2025 grant dollars.

How large is The Wayne and Shan Russell Charitable Foundation?

The Wayne and Shan Russell Charitable Foundation reported $2.6M in total assets on its 2025 IRS Form 990-PF. It paid out $108K in qualifying distributions that year, against a required minimum of $148K (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.

What is The Wayne and Shan Russell Charitable Foundation's EIN?

The Wayne and Shan Russell Charitable Foundation's EIN (Employer Identification Number) is 63-1137357. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS September 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Wayne and Shan Russell Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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