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RUSSO FAMILY FOUNDATION INC

CARLSTADT, NJ 811485458

The Russo Family Foundation Inc is a New Jersey-based philanthropic organization with assets of $467,357, focusing on funding initiatives in NJ, GA, NY, and PA, led by a volunteer executive team.

Overview

About RUSSO FAMILY FOUNDATION INC

The Russo Family Foundation Inc, based in Carlstadt, New Jersey, is a philanthropic organization with assets totaling $467,357. In the most recent fiscal year, the foundation reported expenses of $564,263 and revenue of $562,700. The foundation focuses on philanthropy and foundations, providing funding to various cities primarily in New Jersey, as well as in Georgia, New York, and Pennsylvania. Key funded cities include Newark, Jersey City, and New York. The foundation is led by Edward Russo as CEO, Kimberly Pembroke as President, and Shalom Russo as Treasurer/Secretary, all of whom work on a voluntary basis without compensation.

Focus Areas

PhilanthropyFoundations

Geographic Focus

GANJNYPA
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $467K
Total Awarded This Year $561K
Average Grant Size $21K
Total Grants (Previous Year) 7,396
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
CARLSTADT, NJ US
Geographic Funding Distribution

Financials

Total Assets
$467,357

in 2024, compared to $468,920 in 2023

Annual Grants
$560,900

27 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$500,000WE PROVIDE FOUNDATION INCGENERAL SUPPORT.41 STATE ST SUITE 700 ALBANY, NY US2023
$122,400FULL GOSPEL BETHANY CHURCH INCCOMMUNITY OUTREACH568 WELLINGTON DRIVE WYCKOFF, NJ US2022
$122,400FULL GOSPEL BETHANY CHURCH INCCOMMUNITY OUTREACH.568 WELLINGTON DRIVE WYCKOFF, NJ US2023
$122,400FULL GOSPEL BETHANY CHURCH INCCOMMUNITY OUTREACH.568 WELLINGTON DRIVE WYCKOFF, NJ US2024
$83,000COMMUNITY FOOD BANK OF NEW JERSEY INCFOOD BANKS, FOOD PANTRIES, AND FOOD DISTRIBUTION.31 EVANS TERMINAL HILLSIDE, NJ US2023
$83,000COMMUNITY FOOD BANK OF NEW JERSEY INCFOOD BANKS, FOOD PANTRIES, AND FOOD DISTRIBUTION.31 EVANS TERMINAL HILLSIDE, NJ US2024
$50,000ALL STARS PROJECT INCYOUTH DEVELOPMENT, SHELTER, AND CRISIS SERVICES543 WEST 42ND ST NEW YORK, NY US2022
$50,000ALL STARS PROJECT INCYOUTH DEVELOPMENT, SHELTER, AND CRISIS SERVICES.543 WEST 42ND ST NEW YORK, NY US2024
$50,000HACKENSACK MERIDIAN HEALTH FOUNDATIONCOMMUNITY HEALTH CARE.343 THORNALL STREET 7TH FLOOR EDISON, NJ US2024
$50,000MEADOWLANDS AREA YOUNG MENS CHRISTIAN ASSOCIATIONUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.390 MURRAY HILL PARKWAY EAST RUTHERFORD, NJ US2024
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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
ER
EDWARD RUSSO
CEO$02022
KP
KIMBERLY PEMBROKE
PRESIDENT$02022
SR
SHALOM RUSSO
TREASURER/SECRETARY$02022
ER
EDWARD RUSSO
CEO$02023
KP
KIMBERLY PEMBROKE
PRESIDENT$02023
SR
SHALOM RUSSO
TREASURER/SECRETARY$02023
ER
EDWARD RUSSO
CEO$02024
KP
KIMBERLY PEMBROKE
PRESIDENT$02024
SR
SHALOM RUSSO
TREASURER/SECRETARY$02024
9 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024