Peter & Mary Russo Family Foundation Inc
Invitation OnlySurf City, New Jersey · EIN 03-0422500 · Private foundation
Half of its grants to organizations were between $10,000 and $32,000.
How to apply
On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
89% of grants went outside New Jersey.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| St Jude Children's Hospital | Memphis, TN | Support research and treatment | $100,000 |
| The Barack Obama Foundation | Chicago, IL | Funding of operations | $65,000 |
| Hoag Hospital Foundation | Newport Beach, CA | Support research and treatment | $50,000 |
| Physicians Committee for Responsibl | Washington, DC | Research and funding of operations | $50,000 |
| The College of Nj Foundation Tcnj | Ewing, NJ | Provide scholarship endowment funding | $32,000 |
| Georgetown University | Washington, DC | Scholarship endowment | $30,000 |
| Anthony Rizzo Family Foundation | Coconut Creek, FL | Funding of operations | $25,000 |
| Southern Ocean Medical Center Found | Edison, NJ | Research & funding of new construction. | $20,000 |
| Harbor Day Endowment Corporation | Corona Del Mar, CA | Funding of operations | $20,000 |
| Community Action Slo | San Luis Obispo, CA | Research & funding of operations. | $20,000 |
| California State Parks Foundation | San Francisco, CA | Funding of operations | $13,000 |
| Food Friends Inc | Washington, DC | Provide nutritional services | $10,000 |
| Coast Guard Foundation Inc | Stonington, CT | Funding of scholarships and operations | $10,000 |
| Center for Biological Diversity Inc | Tucson, AZ | Funding of operations | $10,000 |
| One Tree Planted Inc | Shelburne, VT | Funding of operations | $10,000 |
| Ben Carlson Foundation | Newport Beach, CA | Funding of operations | $10,000 |
| Childrens Hospital of Philadelphia | Philadelphia, PA | Research & fundng of operations. | $10,000 |
| Wunderglo Foundation | Los Angeles, CA | Funding of operations. | $5,000 |
| Greenfare Health Wellness Inc | Oak Hill, VA | Funding of operations. | $5,000 |
The return also lists 6 grants to individuals ($130,000). We do not publish the names of individual recipients.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $625,000 | 25 |
| 2023 | $595,000 | 26 |
Sources
- IRS Form 990-PF, tax year 2024, filed Oct 29, 2025 - IRS e-file batch, object ID 202543029349101014
- IRS Tax Exempt Organization Search for EIN 03-0422500
- Profile updated Nov 6, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.