Russell & Penny Fortune Foundation Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Russell & Penny Fortune Foundation Inc. Data shown is extracted from Form 990-PF filings.

EIN: 35-2041399

Foundation Overview

Based in Zionsville, IN, Russell & Penny Fortune Foundation Inc has awarded 33 grants totaling $1,531,593 to organizations in Indiana. Individual grants range from $9,950 to $85,262, with a median award of $48,040.

Latest Tax Year
2024
Total Giving (all years)
$1,531,593
Total Assets
$5,782,313
Median Grant (all grants)
$48,040

Latest Form 990-PF Snapshot

Total Grants
6
Median Grant
$36,207
% Median Grant Decline
-14% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: March 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Closed Network: N/A

0 of 6 recipients (0%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.

Geographic Focus
Indiana

100% of all grants are concentrated in Indiana, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Indiana, funding concentrates in Indianapolis (85%), Carmel (9%), Noblesville (6%).

Funding Trajectory
+32%

Moderate 32% growth trend over 8 years suggests stable and gradually increasing funding capacity. This positive trajectory indicates reliable grant-making resources and sustainable philanthropic commitment.

Program Areas
Education

Highly focused on education with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Russell & Penny Fortune Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Cathedral High School $38,529 Indianapolis, IN, US Education 2024
Brebeuf Preparatory School Inc $54,896 Indianapolis, IN, US Education 2024
International School Of Indiana $33,885 Indianapolis, IN, US Education 2024
Park Tudor Foundation Inc $24,200 Indianapolis, IN, US Education 2024
Marion University $60,000 Indianapolis, IN, US Education 2024
Guerin Catholic High School $20,001 Noblesville, IN, US Education 2024
Cathedral High School $64,730 Indianapolis, IN, US Education 2023
Brebeuf Preparatory School Inc $79,120 Indianapolis, IN, US Education 2023
International School Of Indiana $43,804 Indianapolis, IN, US Education 2023
Park Tudor Foundation Inc $24,200 Indianapolis, IN, US Education 2023
Marion University $40,000 Indianapolis, IN, US Education 2023
Guerin Catholic High School $9,950 Noblesville, IN, US Education 2023
Cathedral High School $63,060 Indianapolis, IN, US Education 2021
Brebeuf Preparatory School Inc $74,200 Indianapolis, IN, US Education 2021
International School Of Indiana $85,262 Indianapolis, IN, US Education 2021
Park Tudor Foundation Inc $24,200 Indianapolis, IN, US Education 2021
Cathedral High School $62,320 Indianapolis, IN, US Education 2020
Brebeuf Preparatory School Inc $71,860 Indianapolis, IN, US Education 2020
International School Of Indiana $81,551 Indianapolis, IN, US Education 2020
University High School $18,650 Carmel, IN, US Education 2018
Park Tudor School $20,170 Indianapolis, IN, US Education 2018
Cathedral High School $58,590 Indianapolis, IN, US Education 2018
Brebeuf Preparatory School Inc $67,160 Indianapolis, IN, US Education 2018
International School Of Indiana $39,495 Indianapolis, IN, US Education 2018
University High School $36,650 Carmel, IN, US Education 2017
Park Tudor School $20,170 Indianapolis, IN, US Education 2017
Cathedral High School $55,660 Indianapolis, IN, US Education 2017
Brebeuf Preparatory School Inc $65,020 Indianapolis, IN, US Education 2017
International School Of Indiana $19,065 Indianapolis, IN, US Education 2017
University High School $54,050 Carmel, IN, US Education 2016
Park Tudor School $20,170 Indianapolis, IN, US Education 2016
Cathedral High School $52,935 Indianapolis, IN, US Education 2016
Brebeuf Preparatory School Inc $48,040 Indianapolis, IN, US Education 2016

Foundations Similar to Russell & Penny Fortune Foundation Inc

Discover 5 foundations with comparable assets ($4,787,480-$6,414,402), similar grant patterns, and geographic focus in IN that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 83-3677505 | 10 grants awarded
$5,522,247
(≈ Similar)
$35,000
median grant
Evansville, IN
Same state
98%
Excellent match

EIN: 31-1001831 | 16 grants awarded
$5,457,429
(≈ Similar)
$77,269
median grant
Covington, IN
Same state
97%
Excellent match

EIN: 82-1123287 | 63 grants awarded
$6,414,402
(≈ Similar)
$27,500
median grant
Fort Wayne, IN
Same state
95%
Excellent match

EIN: 20-8107053 | 119 grants awarded
$5,051,235
(≈ Similar)
$25,000
median grant
Merrillville, IN
Same state
94%
Excellent match

EIN: 20-5550649 | 2 grants awarded
$4,787,480
(≈ Similar)
$92,005.5
median grant
Flora, IN
Same state
91%
Excellent match

Contact Information

Official contact details for Russell & Penny Fortune Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 35-2041399
Website N/A
Address 7650 W 96TH ST Zionsville, IN 46077-8422

Key People (5)

Board members, trustees, and key staff who oversee Russell & Penny Fortune Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Chairman
Secretary
Director
Director
Executive Director

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Russell & Penny Fortune Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated March 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.