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Nonprofit · EIN 20-3980555

THOMAS A AND GEORGINA T RUSSOFOUNDATION

Tax-exempt · LANCASTER, PA 17603

Financials

$1.8M$898K2023$1.2M$764K2024
Revenue Expenses · by fiscal year end
Financials of THOMAS A AND GEORGINA T RUSSOFOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,168,588$763,792$404,796$15,648,742$0$15,648,742
December 31, 2023990-PF$1,826,368$897,979$928,389$15,402,446$0$15,402,446
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$363,654
Dividends
$381,877
Interest
$57,938
Net gain from sales of assets
$370,070
Other income
-$4,951

Expenses

Grants and similar amounts paid
$668,314
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$668,314
Excise tax on investment income
$9,966

Balance sheet and other

Total assets, start of year
$15,402,446
Total assets, end of year
$15,648,742
Total liabilities, end of year
$0
Net assets, end of year
$15,648,742
Fair market value of assets
$27,261,687
Qualifying distributions
$668,314
Net investment income
$809,920

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
THOMAS A RUSSO
223 E CHESTNUT STREET, LANCASTER, PA 17602
TRUSTEE2$0
GEORGINA T RUSSO
223 E CHESTNUT STREET, LANCASTER, PA 17602
TRUSTEE2$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
THOMAS A RUSSO
223 E CHESTNUT STREET, LANCASTER, PA 17602
TRUSTEE2$0
GEORGINA T RUSSO
223 E CHESTNUT STREET, LANCASTER, PA 17602
TRUSTEE2$0

Address and contacts

Address (IRS master file)
596 RIVER DR, LANCASTER, PA 17603-2466
In care of
% THOMAS A RUSSO
Signed the 990-PF
THOMAS A RUSSO, TRUSTEE
Phone
(717) 281-0070
Return prepared by
RKL LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-3980555
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2007
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$15,648,742
Income (IRS master file)
$1,607,608

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,168,588$763,792$15,648,742XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,826,368$897,979$15,402,446XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3980555).

Questions about THOMAS A AND GEORGINA T RUSSOFOUNDATION

What is the EIN of THOMAS A AND GEORGINA T RUSSOFOUNDATION?
The employer identification number (EIN) of THOMAS A AND GEORGINA T RUSSOFOUNDATION is 20-3980555.
Is THOMAS A AND GEORGINA T RUSSOFOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to THOMAS A AND GEORGINA T RUSSOFOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THOMAS A AND GEORGINA T RUSSOFOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THOMAS A AND GEORGINA T RUSSOFOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THOMAS A AND GEORGINA T RUSSOFOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THOMAS A AND GEORGINA T RUSSOFOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does THOMAS A AND GEORGINA T RUSSOFOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,168,588, expenses of $763,792 and total assets of $15,648,742 at year end.

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