J. Russell Bellamy has worked for Goldman, Sachs & Co. since 1968 after obtaining a degree in finance from the University of Notre Dame before retiring in 2013. Bellamy began serving The Dallas Institute in 2007 as Chairman of the Finance Committee.

He has served as a board member and member of the Executive Committee of Dallas YMCA Community Services for over 30 years. Bellamy has also served as Chairman of the YMCA Casa Shelter Committee, which provides a safe, temporary, 16 bed shelter to youth ages 10-17, who are in crisis for up to 30 days. In 2008, he was awarded the George L. Allen YMCA Distinguished Leadership Award. Bellamy also serves as Treasurer of the Santa Fe Art Institute.

He and his wife, Betty, have four children, Aaron, David, Anne, and Lindsey.