The Russell Family Foundation, which is headquartered in Gig Harbor, today announced new grants and investments totaling more than $2.3 million to support its Environmental Education and Food for Climate Solutions programs.
This year’s funding reflects an increase in grantmaking aligned with the foundation’s commitment to an average 10% annual spend rate from 2025–27, according to a news release. The expanded investment is helping The Russell Family Foundation, or TRFF, respond to emerging needs through a new category of Meet the Moment grants designed to provide timely, flexible support to organizations addressing urgent environmental and community challenges, it said.
TRFF is spending a fixed amount each year on grants, averaging about 10% of its endowment. The endowment was valued at about $75 million at the time of the TRFF board’s spend-rate decision…