The Connecticut State Capitol

Form 990-PFTax year 2024EIN 06-1641951

Russo Foundation Inc

A private foundation in Middletown, CT. Its return for tax year 2024 lists 2 grants and $483,585 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $483,585

    Grants listed
    2
    Assets, end of year
    $12,141,082
  • Tax year 2023

    $1,470,032

    Grants listed
    2
    Assets, end of year
    $8,290,833
  • Tax year 2022

    $115,160

    Grants listed
    1
    Assets, end of year
    $9,054,912
  • Tax year 2021

    $338,266

    Grants listed
    1
    Assets, end of year
    $8,915,603
  • Tax year 2020

    $1,210,456

    Grants listed
    1
    Assets, end of year
    $8,717,846
  • Tax year 2018

    $165,623

    Grants listed
    2
    Assets, end of year
    $9,817,986

Grants paid in 2024

2 grants, largest first

As listed on the return.

  1. ChrISTIANS ALLIANCE INCMiddletown, CT

    Program support, operational support, equipment

    $458,585
  2. Christians Alliance IncMiddletown, CT

    Program support, operational support, equipment

    $25,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services2 grants $483,585100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Connecticut2 grants $483,585

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Glenn RussoMember of Nonstock Corporation Hours 5Pay $0
  • Alicia RussoDirector and Secretary Hours 5Pay $0
  • Shannon RussoTreasurer Hours 0.15Pay $0

The return

More foundations

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Same main cause (human services), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Westbrook Foundation IncWestbrook, CT 86 grants Accepts applications $519,084 giving
  2. Lukaj Foundation IncStamford, CT 28 grants Preselected only $440,235 giving
  3. Panwy Foundation IncGreenwich, CT 169 grants Preselected only $435,721 giving
  4. The Sassafras FoundationBranford, CT 10 grants Preselected only $540,000 giving
  5. Kelsey-Naylor Family Foundation IncOld Lyme, CT 11 grants Preselected only $420,000 giving