Funder DirectoryRusso Foundation Inc
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Private foundation (trust)EIN 061641951Est. 2014-02

Russo Foundation Inc

Middletown, CT 06457

Total Assets

$16.8M

FY 2024

Annual Giving

$484K

FY 2024

Grants Made

2

FY 2024

Avg Grant

$242K

FY 2024

Grant Range

$25K–$459K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$121K

Grants and activities to create a dynamic network of equipped and empowered christian organizations that impacts local communities with the love of christ

Program 2

$24K

Grants and activities to provide a safety network to connect individuals struggling with behavioral problems with community-based social programs; and

Program 3

$121K

Grants and activities to assist local organizations with their community outreach efforts

Program 4

$218K

Grants and activities to support international christian missionaries

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$4.4M

Total Expenses

$553K

Qualifying Distributions

$484K

Distributable Amount

$725K

Min. Investment Return

$786K

Undistributed Income

$701K

Payout rate 67%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.67%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $1.5M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

8 grants

ChrISTIANS ALLIANCE INC
$3.7M
8 grants

Grant Size Distribution

8 grants

<$10K
$10–50K
1
grants
$50–250K
3
grants
$250K–1M
2
grants
$1–5M
2
grants
$5M+

Geographic Focus

1 states

Connecticut
$3.7M
100% of total

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