JOSEPHINE G RUSSELL TRUST
https://N/A
$11.4M
Total Assets (2021)
$479K
Avg Yearly Giving (2022–2024)
$1.4M
Giving on File
(3 yrs)
(3 yrs)
129
Grants on File
$11K
Avg Grant Size
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
TRUSTEES
Phone
9786870156
Deadlines
JANUARY 31 FOR THE YEAR FOR WHICH THE GRANTS ARE REQUESTED.
How to Apply
REQUIRED CONTENTS: 1. STATEMENT OF ORGANIZATIONAL BACKGROUND, PURPOSE AND OBJECTIVE OF THE ORGANIZATION AND A LIST OF OFFICERS AND BOARD OF DIRECTORS (OR TRUSTEES). 2. EXPLANATION OF CURRENT FINANCIAL STATUS AND COPIES OF THE MOST RECENT FINANCIAL STATEMENTS, INCLUDING BALANCE SHEET AND INCOME AND EXPENSE STATEMENT. 3. DETAILED STATEMENT OF THE PROJECT OR PROGRAM FOR WHICH THE GRANT IS BEING SOUGHT. 4. STATEMENT OF SOURCES OF FINANCIAL SUPPORT, INCLUDING OTHER GRANTS OR EXPECTED GRANTS. 5. STATEMENT SHOWING THE DIRECT BENEFIT TO THE INDIGENT AGED PEOPLE OR TO THE DESERVING POOR OF THE CITY OF LAWRENCE. 6. COPY OF THE MOST RECENT TAX-EXEMPT STATUS LETTER FROM THE INTERNAL REVENUE SERVICE, EVIDENCING SECTION 501(C)(3) STATUS. 7. FEDERAL EMPLOYER IDENTIFICATION NUMBER. 8. MUST SPECIFY THE NUMBER OF LAWRENCE RESIDENTS WHO WILL BE SERVED BY THE GRANT. 9. ANY OTHER INFORMATION WHICH THE APPLICANT BELIEVES WILL BE HELPFUL TO THE TRUSTEES IN PROCESSING THE APPLICATION.
Restrictions
GRANT RECIPIENTS WILL BE REQUIRED TO SIGN A RECEIPT AND ASSENT IN THE FORM APPROVED BY THE TRUST. IN ADDITION, THE ORGANIZATION MUST CERTIFY TO THE TRUST THAT THE FUNDS HAVE BEEN EXPENDED FOR THE PURPOSES FOR WHICH THE GRANT WAS MADE AND DESCRIBE THE DISPOSITION OF THE FUNDS NO LATER THAN DECEMBER 31 OF THE YEAR IN WHICH THE GRANT WAS MADE. IF THE FUNDS HAVE NOT BEEN FULLY SPENT BY DECEMBER 31, THE ORGANIZATION MUST SEND A LETTER BY THAT DATE STATING HOW MUCH OF THE GRANT HAS BEEN SPENT AND THAT THE AMOUNT SPENT FOR THE PURPOSES FOR WHICH THE GRANT WAS MADE. FUTURE GRANT REQUESTS FROM ORGANIZATIONS WHICH DO NOT COMPLY WITH THIS REQUIREMENT WILL NOT BE CONSIDERED BY THE TRUSTEES.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | N/A | $9.2M | $745K | N/A |
| 2019 | N/A | $10.1M | $701K | N/A |
| 2020 | N/A | $11.1M | $768K | N/A |
| 2021 | N/A | $11.4M | $1.1M | N/A |
| 2022 | $492K | $8.9M | $-71K | 43 |
| 2023 | $475K | $9.5M | $434K | 43 |
| 2024 | $469K | $10.1M | $538K | 43 |
Grant Size Distribution
Based on 129 grants on record
Minimum
$25
25th Pctl
$5K
Median
$10K
Average
$11K
75th Pctl
$15K
Maximum
$40K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| MARSHA E RICH ESQ | TRUSTEE | $8K |
| MATTHEW A KRAUNELIS | TRUSTEE | $8K |
| REV CHRISTOPHER CASEY | TRUSTEE | $8K |
| JOHN T POLLANOESQ | TRUSTEE | $8K |
| EILEEN M KHOURY | TRUSTEE | $8K |
| REV PAUL T KEYES | TRUSTEE | $6K |
Grants Awarded (129 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| LAWRENCE GENERAL HOSPITAL | LAWRENCE, MA | $40,000 | HEALTH | 2024 |
| LAWRENCE GENERAL HOSPITAL | LAWRENCE, MA | $40,000 | HEALTH | 2023 |
| LAWRENCE GENERAL HOSPITAL | LAWRENCE, MA | $40,000 | HEALTH | 2022 |
| LAZARUS HOUSE | LAWRENCE, MA | $35,000 | CHARITY | 2024 |
| LAZARUS HOUSE | LAWRENCE, MA | $35,000 | CHARITY | 2023 |
| LAZARUS HOUSE | LAWRENCE, MA | $35,000 | CHARITY | 2022 |
| NOTRE DAME CRISTO REY HIGH SCHOOL | METHUEN, MA | $25,000 | EDUCATION | 2022 |
| NOTRE DAME CRISTO REY HIGH SCHOOL | METHUEN, MA | $25,000 | EDUCATION | 2023 |
| FOOD FOR THE WORLD INC | LAWRENCE, MA | $25,000 | CHARITY | 2024 |
| NOTRE DAME CRISTO REY HIGH SCHOOL | METHUEN, MA | $25,000 | EDUCATION | 2024 |
| FOOD FOR THE WORLD INC | LAWRENCE, MA | $22,000 | CHARITY | 2023 |
| FOOD FOR THE WORLD INC | LAWRENCE, MA | $22,000 | CHARITY | 2022 |
| NEIGHBORS IN NEED | LAWRENCE, MA | $20,000 | CHARITY | 2023 |
| GREATER LAWRENCE COMMUNITY BOATING PROGRAM | LAWRENCE, MA | $20,000 | CHARITY | 2023 |
| GROUNDWORK LAWRENCE | LAWRENCE, MA | $20,000 | CHARITY | 2023 |
| NEIGHBORS IN NEED | LAWRENCE, MA | $20,000 | CHARITY | 2024 |
| GREATER LAWRENCE COMMUNITY BOATING PROGRAM | LAWRENCE, MA | $20,000 | CHARITY | 2024 |
| GROUNDWORK LAWRENCE | LAWRENCE, MA | $20,000 | CHARITY | 2022 |
| LAWRENCE CATHOLIC ACADEMY | LAWRENCE, MA | $20,000 | EDUCATION | 2022 |
| GROUNDWORK LAWRENCE | LAWRENCE, MA | $20,000 | CHARITY | 2024 |
| NEIGHBORS IN NEED | LAWRENCE, MA | $20,000 | CHARITY | 2022 |
| GREATER LAWRENCE COMMUNITY BOATING PROGRAM | LAWRENCE, MA | $20,000 | CHARITY | 2022 |
| BREAD & ROSES | LAWRENCE, MA | $19,000 | CHARITY | 2024 |
| BREAD & ROSES | LAWRENCE, MA | $19,000 | CHARITY | 2022 |
| BREAD & ROSES | LAWRENCE, MA | $19,000 | CHARITY | 2023 |