Michael and Loretta Russo Fdn Inc
Preselected recipients only
Michael and Loretta Russo Fdn Inc is a private foundation in Sarasota, Florida. In tax year 2025 it gave $4,515 in 1 grant; the typical grant was $4,515 and the largest $4,515. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$4,515
- Number of grants1
- Typical grant$4,515
- Largest grant$4,515
- Assets$0
- New grantees0%
Giving in 2025 was down from $57,000 the year before.
0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $10,000 | 1 | $66,887 |
| 2024 | $57,000 | 4 | $8,410 |
| 2025 | $4,515 | 1 | $0 |
How to apply
Michael and Loretta Russo Fdn Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Michael and Loretta Russo Fdn Inc funds
Where it gives
All of its grants went to recipients in Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 1 | $4,515 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| St Martha Catholic Church | Contribution | $4,515 |
Officers and trustees
- Veda S Milin
- Edward Russo
- John O McManus
Questions people ask
Does Michael and Loretta Russo Fdn Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Michael and Loretta Russo Fdn Inc give?
$4,515 in tax year 2025, across 1 grant, with a typical grant of $4,515.
Who runs Michael and Loretta Russo Fdn Inc?
Its 2025 filing lists Veda S Milin (Trustee), Edward Russo (Trustee) and John O McManus (Trustee).
What does Michael and Loretta Russo Fdn Inc fund?
Based on its grants, mainly faith communities.