Theresa Alessandra Russo
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.
Key facts about Theresa Alessandra Russo
- EIN
- 11-3126316
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $145,019
- Grants made (2024)
- 33
- Average grant
- $4,395
- Median grant
- $3,150
- New grantees (estimate)
- 27% first-time grantees (9 of 33, 2024)
- Total assets
- $2,370,217
- Primary geography
- New York (63% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Theresa Alessandra Russo funds
By grant dollars, the top recipient states for Theresa Alessandra Russo's 33 itemized 2024 grants were New York (63%), Virginia (6%) and Texas (5%). The most frequent recipient cities were New York, NY (8 grants). None of its 33 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Fund Various Programs" (32 grants).
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 IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Theresa Alessandra Russo
- How to evaluate Theresa Alessandra Russo as a funder
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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
Ready to take the next step with Theresa Alessandra Russo?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 33 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients include Cerebral Palsey Accociation of Nassau County Inc ($16,000), Horseability ($10,100), Jacobs Chance Inc ($8,300).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS 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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.