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RUSSO FAMILY CHARITABLE FOUNDATION INC

ORCHARD PARK, NY · EIN 161339086 · Form 990PF · FY2024 · Small ($100K-$1M)
revenue
$854K
expenses
$68K
net assets
$5.0M
employees
profile · synthesized from sources

Private foundation based in New York that makes charitable grants to organizations supporting medical research, education, and public service. In 2024, it distributed funds to hospitals, children's health institutions, fire departments, and community organizations. The foundation operates primarily by funding other nonprofits rather than running direct programs.

named programs · 3 · from sources

What they call their work

Educational Initiatives
Supports educational programs through grants to qualifying institutions
Medical Research and Treatment Support
Grants to hospitals and medical foundations including St. Jude’s and Kaleida Health for patient care and research
Public Safety and Community Services
Funds fire departments, police departments, and community foundations in local regions
activities · 4 groups

What they do

  • Private K–12 School Support 1 activity
    • Funding educational initiatives
      Provides grants to support educational purposes, specifically funding Project 33 Memorial Foundation.
  • General Operating Support Grants 1 activity
    • Funding general-purpose charitable organizations
      Awards grants to charities with broad community missions, including Feedmore WNY and the Stephen Siller Tunnel to Towers Foundation.
  • Pediatric Medical Care and Research Support 1 activity
    • Funding medical research and healthcare services
      Funds nonprofit organizations focused on medical purposes, including children's hospitals, health foundations, and medical research institutions such as St. Jude's Children's Research Hospital, John R Oishei Children's Hospital, Kaleida Health Fdn, Mercy Hospital Foundation, Hospital Foundation WNY, and The Jacobs Institute.
  • Community Foundation & United Way Support 1 activity
    • Funding public safety and emergency services
      Supports public service and emergency response organizations through grants to the Palm Beach Police Department, Hamburg Volunteer Fire Department, and the Village of Hamburg.
financials · form 990PF · fy2024
revenue
Total revenue$854K
Contributions & grants
Program service revenue
Investment income$76K9%
Other revenue$778K
expenses
Total expenses$68K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$406K
balance sheet
Total assets$5.02M
Cash
Investments
Liabilities
Net assets$5.02M
5 years on record · 2020–2024 · YoY revenue +263.5%
relationships · 12

Who they work with

  • FEEDMORE WNY Partner — Recipient of a $50,000 grant for general purposes in 2024.
  • HAMBURG VOLUNTEER FIRE DEPARTMENT Partner — Recipient of a $25,000 grant for general purposes in 2024.
  • HOSPITAL FOUNDATION WNY Partner — Recipient of a $25,000 grant for medical purposes in 2024.
  • JOHN R OISHEI CHILDREN'S HOSPITAL Partner — Recipient of a $20,000 grant for medical purposes in 2024.
  • KALEIDA HEALTH FDN Partner — Recipient of a $20,000 grant for medical purposes in 2024.
  • MERCY HOSPITAL FOUNDATION Partner — Recipient of a $30,000 grant for medical purposes in 2024.
  • PALM BEACH POLICE DEPT Partner — Recipient of a $30,000 grant for public service purposes in 2024.
  • PROJECT 33 MEMORIAL FOUNDATION Partner — Recipient of a $30,000 grant for educational purposes in 2024.
  • ST JUDE'S CHILDREN'S RESEARCH HOSPITAL Partner — Recipient of a $60,000 grant for medical purposes in 2024.
  • STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION Partner — Recipient of a $25,000 grant for general purposes in 2024.
  • THE JACOBS INSTITUTE Partner — Recipient of a $20,000 grant for medical purposes in 2024.
  • VILLAGE OF HAMBURG Partner — Recipient of a $15,000 grant for general purposes in 2024.