Private foundation · EIN 06-1641951 · Middletown, Connecticut · Philanthropy & grantmaking

Russo Foundation Inc

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 2 grants paid, $484K total, median $242K. 100% of grants stayed in Connecticut.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
2
$484K
Median grant
$242K
Stays in CT
100%
of grants
Deadline
—
Assets
$12M

Grants paid in 2024

2 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Christians Alliance IncMiddletown, CTProgram support, operational support, equipment$459K
Christians Alliance IncMiddletown, CTProgram support, operational support, equipment$25K

About this foundation

Russo Foundation Inc is a private grantmaking foundation in Middletown, Connecticut, administered in care of Glenn Russo, tax-exempt since 2014. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Russo Foundation Inc accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Russo Foundation Inc give each year?

In tax year 2024 it paid $484K across 2 grants, a median of $242K.

Where does Russo Foundation Inc give?

Connecticut (2 grants), per its latest filing.

More foundations near Middletown that accept applications

All in Connecticut
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Liberty Bank Foundationsince 1997 Middletown, CT $2.3M144 grants · 2025 $10KPreselected only $47M
Christians Alliance Incsince 2017 Middletown, CT $113K1 grants · 2024 $113KYes $3.1M
Steven & Alexandra Cohen Foundation Incsince 2001 Stamford, CT $130M191 grants · 2024 $100KPreselected only $911M
Zoom Foundationsince 2001 Greenwich, CT $30M7 grants · 2024 $175KPreselected only $1.5B
Peter and Carmen Lucia Buck Foundation Incsince 2007 Mystic, CT $48M2024 —Not stated $1.0B
Jane and Daniel Och Family Foundationsince 2009 Greenwich, CT $31M2 grants · 2024 $15MPreselected only $523M
The Tow Foundation Incsince 2000 New Canaan, CT $47M206 grants · 2025 $100KPreselected only $404M
F B Heron Foundationsince 1992 New Haven, CT $15M77 grants · 2024 $2,500Yes $327M
Email me matching grants