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The Russell Family Foundation

Profile

Last Updated: 2016-06-06

At A Glance

The Russell Family Foundation

P.O. Box 2567

Gig Harbor, WA United States 98335-4567

Telephone: (253) 858-5050

URL: trff.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $143,141,208

Total giving: $7,823,095

EIN

911663336

BRIDGE Number

0726729120

Additional Contact Information

Contact for Linsey Sauer, Grants, Mgr., tel.: (253) 857-1658, e-mail: linsey@trff.org; Toll Free tel.: (888) 252-4331

Background

Established in 1994 in WA - Founded by George and Jane Russell. George Russell served as Chairman, C.E.O. and President of Frank Russell Company, an investment management and advisory firm. George pioneered the business of pension fund consulting and Jane was the company's architect of corporate culture. In 1999, the Russells sold Frank Russell Company to Northwestern Mutual Life and the company was renamed the Russell Investment Group.

Purpose and Activities

The foundation invests in resources and relationships in grassroots leaders, environmental sustainability and global peace.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Environmental Sustainability

The program is committed to improving the protection and restoration of Puget Sound. A primary threat to Puget Sound's health is polluted runoff: rainwater that carries toxic chemicals, oil, grease, pesticides, waste and other pollutants into the Sound. The program will focus its environmental grantmaking on reducing polluted runoff around Puget Sound, promoting green infrastructure development and supporting experiential education that connects citizens to Puget Sound. See foundation web site for more information and application process.

George F. Russell, Jr. Fund

The fund supports nonprofits working globally to address critical issues that threaten peace, security and the quality of life in the world. George Russell takes a particular interest in the affairs of Eastern Europe, Russia and Asia Pacific. In the past, grants from this fund have supported a range of projects including: democracy and competitiveness in Russia; neutralizing toxic nuclear waste; and public policy in the countries of Asia Pacific. The foundation does not accept unsolicited proposals for this fund.

Grants to Individuals Program

Fellowships to support grassroot leaders in Pierce county, WA for the improvement of the quality of life in the community.

Jane's Fellowship Program

In 2004 the foundation launched Jane's Fellowship Program to support grassroots leaders in Tacoma and Pierce County. Each class of fellows participates in a two-year leadership experience before becoming part of the alumni network. The fellowship focuses on expanding each leader's personal strengths and skills, and offers financial, logistical and educational support for participation. For more information or to have materials mailed to you, call Susan Dobkins: (253) 857-1689 or email: janesfund@trff.org. See web site for brochure and application. .

Jane's Fund

Jane's Fund is designed to reflect Jane Russell's lifelong commitment to community development and philanthropy, particularly in the place she called "home"-Tacoma/Pierce County. In her honor, the foundation makes sustaining grants to a selected number of nonprofits working primarily in the South Sound area of the Puget Sound. These modest sized grants support work in the arts, education and human services and support organizations that have been pres-selected by the foundation. The foundation does not accept letters of inquiry for Jane's Fund sustaining grants.

Program-Related Investment

The foundation has made a PRI in the form of a loan to a housing development non-profit organization. The foundation has made a PRI in the form of a loan to finance green homes in the Northwest, as well as loans to start programs that encourage shoppers to buy from local businesses, where a portion of their purchase goes to selected nonprofits.

Fields of Interest

Subjects
  • Environment
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $143,141,208 (market value)

Expenditures: $13,460,714

Total giving: $7,823,095

Qualifying distributions: $10,154,531