Thomas A And Georgina T Russofoundation

Organization Overview

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.

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Board, Officers & Key Employees

Name (title)Compensation
Thomas A Russo
Trustee
$0
Georgina T Russo
Trustee
$0

Financial Statements

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

Grants Awarded

Over the last fiscal year, Thomas A And Georgina T Russofoundation has awarded $1,026,607 in support to 14 organizations.

Grant RecipientAmount

LANCASTER COUNTRY DAY SCHOOL

Org PageRecipient Profile

Lancaster, PA

PURPOSE: CHARITABLE DISTRIBUTION

$527,767

FRANKLIN AND MARSHALL COLLEGE

Org PageRecipient Profile

Lancaster, PA

PURPOSE: CHARITABLE DISTRIBUTION

$96,594

LANCASTER PUBLIC LIBRARY

Org PageRecipient Profile

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
View Grant Profile

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