Theresa Alessandra Russo
Theresa Alessandra Russo is a private foundation based in Lido Beach, New York. In 2024, it made 33 grants totaling $145,019, including awards to organizations working in recreation, the arts, and services for people with disabilities.
Theresa Alessandra Russo at a glance
In short: Theresa Alessandra Russo gave $145K across 33 grants in 2024 (avg $4K), mostly in New York. 27% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $145,019
- -0.6% vs 2023
- Grants made (2024)
- 33
- +22.2% vs 2023
- Average grant
- $4,395
- -18.7% vs 2023
- Median grant
- $3,150
- Total assets
- $2,370,217
- -5.3% vs 2023
- New grantees (estimate)
- 27% first-time grantees (9 of 33, 2024)
- Primary geography
- New York (63% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Theresa Alessandra Russo
- How to Apply
-
The filing directs applicants to see the website for a grant application. Applicants may request awards for creative arts and recreation projects benefiting the growth, development, and general well-being of children with special needs. The filing lists no application deadline.
- Contact
Application contact: Susan Russo
Mailing address: Theresa Foundation 250 Lido Blvd, Lido Beach, NY 11561
Phone: (516) 432-0200
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Theresa Alessandra Russo funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Cerebral Palsey Accociation of Nassau County Inc ($16K). Together the top 10 received $74K.
Grant Size Distribution
146 grants across all recorded years
The most common grant size was under $50K: 146 grants of 146 (100%).
Geographic Focus
Where this funder awards grants
New York accounted for 63% of 2024 grant dollars. Other leading recipient states were Virginia (6%), Texas (5%), Pennsylvania (3%), and Utah (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 33 itemized grants.
States
Cities
Is Theresa Alessandra Russo open to new grantees?
27%
first-time grantees, 2024
In 2024, 9 of 33 grantees (27%) were first-time recipients. First grants averaged $4K; repeat grants $5K. How we count
Medians: $3K first-time, $3K repeat.
- 39% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−11%). Method
- In 2024 it paid out 274% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $140K (2020) to $163K (2021). In 2024 it made 33 grants totaling $145K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cerebral Palsey Accociation of Nassau County Inc Roosevelt, NY | To Fund Various Programs | $16,000 |
| Horseability Old Westbury, NY | To Fund Various Programs | $10,100 |
| Jacobs Chance Inc Richmond, VA | To Fund Various Programs | $8,300 |
| Morgan's Wonderland San Antonio, TX | To Fund Various Programs | $7,500 |
| Tiles Center for the Performing Arts Brookville, NY | To Fund Various Programs | $6,000 |
| Bring on the Spectrum Inc Albany, NY | To Fund Various Programs | $5,650 |
| Hear Your Song Inc New York, NY | To Fund Various Programs | $5,000 |
| Nassau Parks Conservancy East Meadow, NY | To Fund Various Programs | $5,000 |
| Saint John's School of the Arts Williamsport, PA | To Fund Various Programs | $5,000 |
| Salt Lake Community College Foundation Salt Lake City, UT | To Fund Various Programs | $5,000 |
Ready to take the next step with Theresa Alessandra Russo?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,370,217 | $303,413 | $417,035 | $145,019 | 33 | $415,532 | $147,580 | $151,791 |
| 2023 | $2,504,050 | $352,798 | $327,208 | $145,861 | 27 | $325,486 | $81,799 | $138,710 |
| 2022 | $2,492,132 | $497,242 | $392,236 | $155,440 | 31 | $387,584 | $79,491 | $141,733 |
| 2021 | $2,387,126 | $488,919 | $323,493 | $163,494 | 28 | $319,142 | $92,490 | — |
| 2020 | $2,221,700 | $796,350 | $299,682 | $140,221 | 27 | — | $63,799 | — |
Under IRS private-foundation payout rules, Theresa Alessandra Russo reported a distributable amount of $152K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation states that applicants may request awards for creative arts and recreation projects that benefit the growth, development, and general well-being of children with special needs.
Its 2024 grantees illustrate the range of organizations supported. Jacobs Chance Inc says it provides inclusive recreation, athletics, socialization, and skills training for young people with disabilities and medically fragile young people. Bring on the Spectrum Inc describes its work as supporting neurodiverse individuals through social, recreational, and lifestyle activities. Hear Your Song Inc says it empowers children and teens with serious illnesses and complex health needs through collaborative songwriting. Michigan Arts Access describes its purpose as advancing arts training and education for people with disabilities.
Grantmaking
In 2024, the foundation awarded 33 grants totaling $145,019. Awards ranged from $1,100 to $16,000, with a median of $3,150. Larger grants included $16,000 to Cerebral Palsey Accociation of Nassau County Inc, $10,100 to Horseability, and $8,300 to Jacobs Chance Inc. Morgan’s Wonderland received $7,500, and Bring on the Spectrum Inc received $5,650. The filing says the foundation does not restrict giving to preselected organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Susan S Russo as president, Elizabeth Einhart as vice president, Vincent J Russo as treasurer, and Judy Murdaugh Jackson as secretary.
Theresa Alessandra Russo is led by Susan S. Russo, President on every filing since 2020; 2 of 4 officers listed in 2024 are compensated.
Officers on the 2024 filing
Susan S. Russo
President
On filings since 2020
40 hrs/week
$50K (2020) → $54K (2024)
Elizabeth Einhart
Vice President
On filings since 2020
10 hrs/week
$29K (2020) → $14K (2024)
Judy Murdaugh Jackson
Secretary
On filings since 2020
No compensation reported
Vincent J. Russo
Treasurer
On filings since 2020
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $54K, to Susan S Russo (President). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Theresa Alessandra Russo
How much does Theresa Alessandra Russo give each year?
Theresa Alessandra Russo gave $145K across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $146K across 27 grants.
What is Theresa Alessandra Russo's typical grant size?
Theresa Alessandra Russo's median grant in 2024 was $3,150, and its average grant was $4,395, across 33 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Theresa Alessandra Russo that year got $4K on average.
Where does Theresa Alessandra Russo give grants?
Theresa Alessandra Russo gives mostly in New York: 63% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Virginia (6%) and Texas (5%). The most frequent recipient cities were New York, NY (8 grants).
Does Theresa Alessandra Russo give general operating support?
Not in 2024: none of the 33 grants with a stated purpose on Theresa Alessandra Russo's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Fund Various Programs" (32 grants).
Who are Theresa Alessandra Russo's largest grantees?
Theresa Alessandra Russo's largest 2024 grantees include Cerebral Palsey Accociation of Nassau County Inc ($16,000), Horseability ($10,100) and Jacobs Chance Inc ($8,300), according to its 2024 IRS Form 990-PF. Together they received 24% of its itemized 2024 grant dollars.
How large is Theresa Alessandra Russo?
Theresa Alessandra Russo reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $416K in qualifying distributions that year, against a required minimum of $152K (roughly 5% of its investment assets).
What does Theresa Alessandra Russo fund?
The foundation states that applicants may request awards for creative arts and recreation projects that benefit the growth, development, and general well-being of children with special needs. See mission & focus areas ↑
How do I apply for a grant from Theresa Alessandra Russo?
The filing directs applicants to see the website for a grant application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Theresa Alessandra Russo's EIN?
Theresa Alessandra Russo's EIN (Employer Identification Number) is 11-3126316. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Theresa Alessandra Russo funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/theresa-alessandra-russo-morg_c03a1fc01d8d4ba3b7a41485e1869bbf
BibTeX
@misc{grantable_113126316_2026,
author = {{Grantable}},
title = {{Theresa Alessandra Russo funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/theresa-alessandra-russo-morg_c03a1fc01d8d4ba3b7a41485e1869bbf},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Theresa Alessandra Russo'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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