Overview
What is Russell Family Foundation?
The Russell Family Foundation is a charitable organization situated in Detroit, Michigan. It primarily focuses on supporting local communities, specifically Southeastern Michigan, by granting funds to various tax-exempt charitable organizations. The foundation has demonstrated its commitment to the area by distributing 11 grants to 11 different organizations, amounting to a total of $357,871. This financial aid facilitates charitable activities that strive to enhance the quality of life for the residents of Southeastern Michigan and beyond. The Russell Family Foundation further collaborates with the Community Foundation for Southeastern Michigan in their mission to uplift the community.
Is Russell Family Foundation legitimate?
Russell Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Russell Family Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Russell Family Foundation?
The Russell Family Foundation supports charitable organizations whose work enhances the quality of life for individuals beyond Southeastern Michigan. To accomplish this, they provide financial assistance through grant awards, contributing a total of $357,871 to 11 different organizations. Their mission is aligned with the Community Foundation for Southeastern Michigan, as they share a common goal of improving community well-being. The foundation primarily supports tax-exempt charitable organizations in their charitable activities within Southeastern Michigan.
Who is the CEO of Russell Family Foundation?
Richard L Devore is the President And Secretary of Russell Family Foundation.
What is the revenue of Russell Family Foundation?
Russell Family Foundation's revenue in 2022 was $327,193.
Who are the executives of Russell Family Foundation and what are their salaries?
There 6 volunteers at Russell Family Foundation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $454,601
- Other: $16,494
- Compensation: $0
- Related: $278,522
- Other: $37,471
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $222,415
- Other: $37,198
Where can I find the form 990 for Russell Family Foundation?
Russell Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Russell Family Foundation
The Russell Family Foundation is committed to supporting the betterment of the community by providing financial assistance to charitable organizations. Their primary focus is on organizations based in Southeastern Michigan, whose initiatives aim to enhance the lives of its residents and extend beyond the region. In line with this mission, the foundation has awarded grants totalling $357,871 to eleven different charitable organizations, enabling them to carry out various charitable activities. By doing so, the Russell Family Foundation is instrumental in contributing to the improvement of the local community's quality of life.
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Impact
October, 2024
The Russell Family Foundation has made a significant impact in southeastern Michigan by awarding 11 grants totaling $357,871 to various charitable organizations. These grants aim to enhance the quality of life for residents in the local community. By supporting initiatives that address critical needs, the foundation plays a vital role in fostering positive change and development in the region. Through its contributions, it helps strengthen the efforts of organizations committed to improving the social and economic well-being of the community, making a lasting difference in the lives of many.
This information is meant to be a general summary of Russell Family Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $327,174
- Gross Receipts: $1,535,922
Assets and Liabilities:
- Total Assets: $5,295,643
- Total Liabilities: $53,264
- Net Assets: $5,242,379
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Organization Details
Founding Year
2016
Phone
(313) 961-6675Principal Officer
Richard L Devore
Main Address
333 WEST FORT STREET 2010, DETROIT, MI, 48226
NTEE Category
Code: T19 - Philanthropy
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