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Cassels Foundation is a private corporation based in LEXINGTON, SC. The foundation received its IRS ruling in 1996. It holds total assets of $31.7M. Annual income is reported at $5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cassels Foundation has made 15 grants totaling $3.3M, with a median grant of $40K. Annual giving has grown from $1.1M in 2020 to $2.2M in 2022. Individual grants have ranged from $4K to $1M, with an average award of $220K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in South Carolina and Colorado and Vermont. Contributions to this foundation are tax-deductible.
Cassels Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in SC, CO, VT.
Cassels Foundation has distributed a total of $3.3M across 15 grants. The median grant size is $40K, with an average of $220K. Individual grants have ranged from $4K to $1M.
Cassels Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cassels Foundation is headquartered in LEXINGTON, SC. While based in SC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wtobin Cassels Iii | SECRETARY/TREASURER | $0 | $0 | $0 |
| William T Cassels Jr | PRESIDENT | $0 | $0 | $0 |
| Katherine Cassels Wolfe | VICE PRESIDENT | $0 | $0 | $0 |
Total Giving
$1.7M
Total Assets
$29.8M
Fair Market Value
$44.4M
Net Worth
$29.8M
Grants Paid
$1.6M
Contributions
$0
Net Investment Income
$1.7M
Distribution Amount
$2.1M
Total: $21.5M
Total Grants
15
Total Giving
$3.3M
Average Grant
$220K
Median Grant
$40K
Unique Recipients
8
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ForgeMINISTRY ADVANCEMENT AND STAFF SUPPORT - ANDRE DESPRES | Denver, CO | $45K | 2022 |
| Columbia International UniversitySUPPORT | Columbia, SC | $793K | 2022 |
| Thornwell Children'S HomeSUPPORT TO PROVIDE HOMES TO ABUSED, NEGLECTED, AND ABANDONED CHILDREN | Clinton, SC | $250K | 2022 |
| School Time Bible MinistriesSUPPORT OF SPREADING THE GOSPEL TO SCHOOL CHILDREN | Columbia, SC | $25K | 2022 |
| Federation Center Of The BlindADAPTIVE COMPUTER TRAINING PROGRAM |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC
| 2018 | 990PF | View |
| Columbia, SC |
| $10K |
| 2022 |
| Camp ColeTO CREATE AN OVERNIGHT CAMP AND RETREAT FOR CHILDREN AND ADULTS WITH DISABILITIES AND ILLNESSES | Columbia, SC | $1M | 2020 |
| The Ezekiel Center IncMENTORING, AFTER-SCHOOL ENRICHMENT AND A FARM APPRENTICESHIP PROGRAM | Columbia, SC | $5K | 2020 |
| Exponent PhilanthropyTO EMPOWER PHILANTHROPISTS TO LEVERAGE THEIR RESOURCES AND AMPLIFY THEIR IMPACT | Winooski, VT | $4K | 2020 |
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