Tom Russell Charitable Foundation Inc

WILMINGTON, DE EIN: 36-6082517

Tom Russell Charitable Foundation Inc is a private, non-operating foundation based in Wilmington, Delaware. Established in 1960 by Thomas C. Russell, a Chicago inventor and manufacturer, the foundation operates with the mission to "help people to help themselves" by distributing charitable funds through effective charitable agencies that yield positive social benefit.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$440K

-18.5% YoY

Grant Count

43

+10.3% YoY

Avg Grant Size

$10K

-26.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to "help people to help themselves" by supporting charitable agencies that demonstrate effectiveness in creating positive social impact.

Primary funding areas include:

  • Education
  • Health and diseases/conditions
  • Community and economic development
  • Religion
  • Human services
  • Family services
  • Child welfare
  • Youth development and mentoring
  • Philanthropy and nonprofits

Grantmaking

Grant Range

$5,000

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Geographic Focus

Where this funder awards grants

The foundation supports initiatives across multiple U.S. states and cities, including:

  • California
  • Colorado
  • Illinois
  • Massachusetts
  • Michigan
  • North Carolina
  • New York
  • Oklahoma
  • South Dakota
  • Texas

Major urban centers supported include New York, Chicago, and San Francisco.

Grant Distribution by State

13states
+5 more states

Cities

ADDISONANDOVERAPEXAURORAAUSTINBOSTONBOULDERBRONXBROOKLYNCHAPEL HILLCHARLOTTECHICAGOCRAZY HORSEDAVIDSONDENVERDURHAMHENDERSONHILLSBOROUGHJAMAICALAKEWOOD

Financial History

Multi-year comparison from IRS filings

Most Recent Data (Fiscal Year Ending August 2025):

  • Total Assets: $29.7 million
  • Total Revenue: $2.2 million
  • Total Expenses: $826,000
  • Total Liabilities: $0

Prior Year Data (2024):

  • Total Assets: $28.3 million
  • Total Expenses: $809,362
  • Total Revenue: $9.4 million

Asset Range: $10 million to $49.9 million

Tax-Exempt Status: 501(c)(3) organization; tax-exempt since December 1963

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120212022202320242025
Metric202520242023
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$170K$340K$510K$680K40 grants202143 grants202251 grants202339 grants202443 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

RISE SOUTHEAST RALEIGH C…$102KDONKA INCORPORATED$50KHENDERSON COLLEGIATE$23KPARTNERSHIP WITH NATIVE …$20KPS 70 MAX SCHOENFELD$20KYOUNG MENS CHRISTIAN ASS…$20KCHESS-IN-THE-SCHOOLS INC$18KLATINO EDUCATIONAL ACHIE…$15KTHE COUNCIL OF URBAN PRO…$15KPREP FOR PREP$14K

Grant Size Distribution

215 grants across all recorded years

194<$50K17$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Rise Southeast Raleigh Charter School Inc ($102,000), Donka Incorporated ($50,000), Henderson Collegiate ($22,500).

RecipientPurposeAmount
A BETTER CHANCE INC NEW YORK, NYGeneral & Unrestricted$12,000
A PLACE AT THE TABLE RALEIGH, NCGeneral & Unrestricted$5,000
CALVARY TEMPLE CHURCH OF NAPERVILLE NAPERVILLE, ILGeneral & Unrestricted$5,000
CENTRAL OKLAHOMA AMERICAN INDIAN HEALTH COUNCIL IN OKLAHOMA CITY, OKGeneral & Unrestricted$5,000
CHESS-IN-THE-SCHOOLS INC NEW YORK, NYGeneral & Unrestricted$17,500
COLORADO WOMENS EDUCATION FOUNDATION BOULDER, COGeneral & Unrestricted$12,000
CRAZY HORSE MEMORIAL FOUNDATION CRAZY HORSE, SDGeneral & Unrestricted$10,000
DONKA INCORPORATED WHEATON, ILGeneral & Unrestricted$50,000
DOROTHEA DIX PARK CONSERVANCY RALEIGH, NCEducation programs for children at the Dix Park$1,000
DOROTHEA DIX PARK CONSERVANCY RALEIGH, NCGeneral & Unrestricted$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel include:

Name Title Hours/Week Compensation
J Kirby Aiken President, Secretary, Senior Director 5 $21,000
John L Bishop Vice President, Senior Director 5 $19,000
David S Lindquist Secretary, Senior Director, President 5 $19,000
Crawford Crenshaw Treasurer, Senior Director 5 $15,000
Kwadwo Acheampong Director 1 $0
Dawn Arthur Director 1 $0
Miguel A Rivera Rodriguez Director 1 $0

Compensation Overview

From 2025 IRS filing

David S LindquistSenior Dir, Pres$20KJ KIRBY AIKENSec, Senior Dir$15KJohn L BishopVP, Senior Dir$15KKwadwo AcheampongDir$12KDawn ArthurDir$12KCrawford CrenshawTreas, Senior Dir$6K

From 2025 filing

NameTitleHoursCompensation
Kwadwo AcheampongDir3$12,000
J KIRBY AIKENSec, Senior Dir5$15,250
Dawn ArthurDir3$12,000
John L BishopVP, Senior Dir5$15,250
Crawford CrenshawTreas, Senior Dir5$6,000
David S LindquistSenior Dir, Pres5$19,750

Contact Information

Address: Foundation Source 501 Silverside Road Wilmington, DE 19809

Telephone: 800-839-1754

Frequently Asked Questions

What does Tom Russell Charitable Foundation Inc fund?

The foundation's mission is to "help people to help themselves" by supporting charitable agencies that demonstrate effectiveness in creating positive social impact. Primary funding areas include: • Education • Health and diseases/conditions • Community and economic development • Religion • Human services • Family services • Child welfare • Youth development and mentoring • Philanthropy and nonprofits

How do I apply for a grant from Tom Russell Charitable Foundation Inc?

**Grant Activity:** • Made 37-39 grants in recent fiscal years • Typical grant awards range from $1,000–$100,000 • Median grant size: $5,000 • Maximum grant observed: $75,000 **Recent Grants (2024):** • Thrive Scholars: $75,000 (to support a six-year program cohort in North Carolina) • Donka Incorporated: $50,000 (general & unrestricted) • Chess In The Schools: $50,000 (expansion of teacher training institute) **Total Giving:** Approximately $540,000–$1.9 million annually in recent years

Where does Tom Russell Charitable Foundation Inc make grants?

The foundation supports initiatives across multiple U.S. states and cities, including: • California • Colorado • Illinois • Massachusetts • Michigan • North Carolina • New York • Oklahoma • South Dakota • Texas Major urban centers supported include New York, Chicago, and San Francisco.

What size grants does Tom Russell Charitable Foundation Inc award?

In 2025, Tom Russell Charitable Foundation Inc awarded 43 grants totaling $440K — an average of about $10K per grant, based on its IRS Form 990 filings.

What is Tom Russell Charitable Foundation Inc's EIN?

Tom Russell Charitable Foundation Inc's EIN (Employer Identification Number) is 36-6082517. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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