Thomas A And Georgina T Russofoundation is located in Lancaster, PA. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas A And Georgina T Russofoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Thomas A And Georgina T Russofoundation generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 48.9% each year . All expenses for the organization totaled $1.5m during the year ending 12/2020. While expenses have increased by 11.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Thomas A And Georgina T Russofoundation has awarded 161 individual grants totaling $7,457,653. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas A Russo Trustee | 2 | $0 | |
Georgina T Russo Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,962,967 |
Interest on Savings | $5,622 |
Dividends & Interest | $259,093 |
Profit on Inventory Sales | $0 |
Other Income | -$6,983 |
Total Revenue | $7,359,394 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Pension plans, employee benefits | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $139,234 |
Contributions, gifts, grants paid | $1,371,812 |
Total expenses and disbursements | $1,511,046 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $124,385 |
Investments—mortgage loans | $0 |
Investments—other | $3,646,064 |
Other assets | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $10,000 |
Over the last fiscal year, Thomas A And Georgina T Russofoundation has awarded $1,026,607 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
Lancaster, PA PURPOSE: CHARITABLE DISTRIBUTION | $527,767 |
Lancaster, PA PURPOSE: CHARITABLE DISTRIBUTION | $96,594 |
Lancaster, PA PURPOSE: CHARITABLE DISTRIBUTION | $75,997 |
MOUNT GRETNA SCHOOL OF ART PURPOSE: CHARITABLE DISTRIBUTION | $62,946 |
LANCASTER GENERAL - PEDIATRIC CENTER PURPOSE: CHARITABLE DISTRIBUTION | $55,414 |
LANCASTER SCIENCE FACTORY PURPOSE: CHARITABLE DISTRIBUTION | $51,180 |
Organization Name | Assets | Revenue |
---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |