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Georgia · Nonprofit

MATTHEW E RUSSELL FOUND

MATTHEW E RUSSELL FOUND (Georgia) receives grants from 9 organizations whose IRS filings report $109,494 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($72,000). 4 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$274k
Funders on record
9
Grants received
$109k
Net assets
$212k
4/9 repeat funderspeak grant-dependency 9%
01What it does

What Matthew E Russell Found does

Mission

We increase Literacy to decrease Poverty. Our Mission is to provide an educationally enriched environment where children have access to advanced technology and books in order to facilitate their interest and passion for higher education and learning We achieve this by providing libraries in underfunded or rural schools, and offering reading programs and educational learning tools. We equip the library with media and technology, computers and ereaders preloaded with books. And lastly by training the educator how to incorporate this tool with their curriculum

As stated on its FY2025 Form 990.

Programs

  1. Building construction - Classrooms-we provided a concrete block structure that was approximately 1500 square feet. It was designed to allocate space for two different classrooms in the school. We used local laborers and carpenters to construct exterior and also install the windows and doors. Trades like painter and electrician finished the interior and exterior. This school has expanded since last year and did not have space for enrollment ( approx. 300 students) and the local village of 600 households.

    $63,199 spent$60,759 earned by the program
    35% of program spending
  2. Library Media - We provide desktop computers, laptops, e-readers and a large screen monitor for group learning. We partner with Worldreader to provide kindles preloaded with literary classics along with e-books in their home language. And the selections are within the different phases of educations to assist with vocabulary and comprehension of the English language. The older students love that we provide the technology and has kept their interest to complete their education even as other influences are pulling them to quit. A majority of the rural schools in South Africa have no functional library system. We have changed the mindset and culture in that region as a result of the library donations we have provided over the years.

    $15,726 spent$18,000 earned by the program
    9% of program spending
  3. Training in the school. There are rural communities all over the biosphere where children have never had the opportunity to experience the world through reading. Most of the teachers come from this background, even as they have gone to school to receive their degree . Most have not used a library or had access to this educational resource tool. So there is a lot of training that needs to happen for the teacher to feel comfortable with using a library with their students. So we have to spend extra time with teachers so they can understand the importance of the library. And also how to set up a library and the different subjects that can be enhanced with library books . We have developed a training manual and each school that receives a library donation must commit to several days of training before the library is turned over to the school. This core group is comprised of the principal, several teachers and students from each grade to be the over site for the school until a suitable librarian can be hired. We have volunteers, teachers and also retired librarians that travel internationally to assist with the training. Our budget includes international travel cost for the volunteers…

    $46,822 spent$45,631 earned by the program
    26% of program spending
  4. Partnership with local school to assist with basic needs: school security was lacking so we assisted with fencing around the property by purchasing the material and having parent do the installation. It was a solution to help safe guard the technology that is in the library that was gifted by the foundation. Which allows entry to parents, teachers and students only during school hours . The power supply in the rural areas is not consistent; they often have rolling brown out so the foundation was able to assist with an electrical inverter that stores electricity in a battery for when there is no power being distributed by the electrical supplier. This allow them to use and charge devices for use daily.

    $17,596 spent$22,000 earned by the program
    10% of program spending
  5. Additional Team member travel cost

    $37,644 spent$35,631 earned by the program
    21% of program spending

The 5 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $180,987.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($87k) Expenses 100 ($66k) Net assets 100 ($74k)2018 Revenue 123 ($107k) Expenses 107 ($70k) Net assets 150 ($111k)2019 Revenue 127 ($111k) Expenses 140 ($92k) Net assets 176 ($130k)2020 Revenue 137 ($120k) Expenses 144 ($95k) Net assets 210 ($155k)2021 Revenue 125 ($110k) Expenses 153 ($100k) Net assets 222 ($165k)2022 Revenue 200 ($174k) Expenses 251 ($165k) Net assets 235 ($175k)2023 Revenue 217 ($189k) Expenses 235 ($154k) Net assets 283 ($210k)2024 Revenue 285 ($249k) Expenses 482 ($316k) Net assets 193 ($143k)2025 Revenue 314 ($274k) Expenses 314 ($206k) Net assets 285 ($212k)
'17'18'19'20'21'22'23'24'25
Revenue (314)Expenses (314)Net assets (285)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $143k to $212k (+48%).

$74k
$111k
$130k
$155k
$165k
$175k
$210k
$143k
$212k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of MATTHEW E RUSSELL FOUND’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 4,945 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$22k
’17
$37k
’18
$19k
’19
$25k
’20
$9k
’21
$10k
’22
$36k
’23
−$67k
’24
$68k
’25
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20242025
Listed99
Joined·+0
No longer listed·0
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $8k → $12k.

7 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 98% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MATTHEW E RUSSELL FOUND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MATTHEW E RUSSELL FOUND leans on a few funders — its largest provides 66% of grant income and the top three 85%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MATTHEW E RUSSELL FOUND.

66%
largest funder
85%
top three
~2
effective funders

Largest funder’s share by year: 2017 97% · 2020 61% · 2021 76% · 2022 99% · 2023 50% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

20% of MATTHEW E RUSSELL FOUND's funders are still giving 3 years after their first grant; 44% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of MATTHEW E RUSSELL FOUND's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2k that is directly attributable, 100% of it comes from funders outside Georgia, across 2 states.

PA
NJ

In-state vs out-of-state, by year

’20
’21
Georgia out of state home

Funder states come from each funder’s own filing. $107k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MATTHEW E RUSSELL FOUND runs a healthier operating margin than three-quarters of the 2,468 international nonprofits its size.

Operating margin25% · top quartile
Months of reserve12.3mo · top quartile
Revenue growth (annualized)15% · above the median

this organization peer median middle 50% of peers· 2,468 international nonprofits $100k–$1M, FY2025

Organizations like MATTHEW E RUSSELL FOUND

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

9
board members
0%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

GA

Screen this organization

A dated, signed PDF of the compliance screen for MATTHEW E RUSSELL FOUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MATTHEW E RUSSELL FOUND?
MATTHEW E RUSSELL FOUND (Georgia) receives grants from 9 organizations whose IRS filings report $109,494 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($72,000). 4 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MATTHEW E RUSSELL FOUND have?
IRS filings report 9 organizations giving $109,494 in grants to MATTHEW E RUSSELL FOUND, 4 of which have funded it in more than one year.
Who is the largest funder of MATTHEW E RUSSELL FOUND?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $72,000 in grants. The full list of funders is on this page.
How can an organization like MATTHEW E RUSSELL FOUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Matthew E Russell Found →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing