The Russell Standard Foundation was organized to further the philanthropic goals of the company. The Foundation makes grants to qualified charitable organizations and pays scholarships to eligible children of employees.
The scholarship program was created to recognize outstanding academic achievement of children of Russell Standard and its subsidiaries employees and to encourage post-secondary education. The Foundation's grants are to be used only for tuition and fees and/or course-related expenses such as books, supplies, and equipment at accredited post-secondary education institutions.