Theresa Alessandra Russo is a private foundation focused on Arts, Culture & Humanities, based in LIDO BEACH, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 33 grants totaling $145K. Net investment income was $148K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
-5.3% YoY
Annual Giving
$145K
-0.6% YoY
Grant Count
33
+22.2% YoY
Avg Grant Size
$4K
-18.7% YoY
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.
About Theresa Alessandra Russo
Based on IRS filings
Theresa Alessandra Russo is a private foundation focused on Arts, Culture & Humanities, based in LIDO BEACH, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 33 grants totaling $145K. Net investment income was $148K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,370,217 | $2,504,050 | $2,492,132 |
| Revenue | $303,413 | $352,798 | $497,242 |
| Expenses | $417,035 | $327,208 | $392,236 |
| Qualifying Distributions | $415,532 | $325,486 | $387,584 |
| Net Investment Income | $147,580 | $81,799 | $79,491 |
| Distributable Amount | $151,791 | $138,710 | $141,733 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
146 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cerebral Palsey Accociation of Nassau County Inc ($16,000), Horseability ($10,100), Jacobs Chance Inc ($8,300).
| Recipient | Purpose | Amount |
|---|---|---|
| ALVIN AILEY DANCE FOUNDATION INC NEW YORK, NY | TO FUND VARIOUS PROGRAMS | $3,000 |
| ASPIRING ATTITUDES OKLAHOMA CITY, OK | TO FUND VARIOUS PROGRAMS | $3,000 |
| BABY FINGERS LLC NEW YORK, NY | TO FUND VARIOUS PROGRAMS | $1,500 |
| BRING ON THE SPECTRUM INC ALBANY, NY | TO FUND VARIOUS PROGRAMS | $5,650 |
| CEREBRAL PALSEY ACCOCIATION OF NASSAU COUNTY INC ROOSEVELT, NY | TO FUND VARIOUS PROGRAMS | $16,000 |
| GIGI'S PLAYHOUSE NEW YORK, NY | TO FUND VARIOUS PROGRAMS | $2,500 |
| HEAR YOUR SONG INC NEW YORK, NY | TO FUND VARIOUS PROGRAMS | $5,000 |
| HORSEABILITY OLD WESTBURY, NY | TO FUND VARIOUS PROGRAMS | $10,100 |
| JOYCE THEATER FOUNDATION NEW YORK, NY | TO FUND VARIOUS PROGRAMS | $2,500 |
| KIDS ENJOY EXERCISE NOW (KEEN) CHICAGO CHICAGO, IL | TO FUND VARIOUS PROGRAMS | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN S RUSSO | PRESIDENT | 40 | $54,121 |
| ELIZABETH EINHART | VICE PRESIDENT | 10 | $14,250 |
| VINCENT J RUSSO | TREASURER | — | — |
| JUDY MURDAUGH JACKSON | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Theresa Alessandra Russo?
Theresa Alessandra Russo is a private foundation focused on Arts, Culture & Humanities, based in LIDO BEACH, NY. It holds $2.4M in total assets as of 2024.
How large is Theresa Alessandra Russo?
As of 2024, Theresa Alessandra Russo holds $2.4M in total assets with $303K in annual revenue. It awarded 33 grants totaling $145K in 2024.
Where does Theresa Alessandra Russo operate?
Theresa Alessandra Russo has awarded grants in California, Colorado, Connecticut, Florida, Georgia, Illinois, Massachusetts, Maryland, Michigan, Minnesota, Mississippi, North Carolina, New Jersey, New York, Oklahoma, Pennsylvania, Texas, Utah, Virginia, Vermont.
What size grants does Theresa Alessandra Russo award?
In 2024, Theresa Alessandra Russo awarded 33 grants totaling $145K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Theresa Alessandra Russo required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Theresa Alessandra Russo reported a distributable amount of $152K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Theresa Alessandra Russo'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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