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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. Total assets have grown from $11.8M in 2011 to $29.8M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in South Carolina. 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.
Smallest Grant
$3K
Median Grant
$41K
Average Grant
$98K
Largest Grant
$250K
Based on 11 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| William T Cassels Jr | PRESIDENT | $0 | $0 | N/A |
| Katherine Cassels Wolfe | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$1.7M
Total Assets
$29.8M
Fair Market Value
$44.4M
Net Worth
$29.8M
Grants Paid
$1.6M
Contributions
N/A
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
$793K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia International UniversitySUPPORT | Columbia, SC | $793K | 2022 |
| Thornwell Children'S HomeSUPPORT TO PROVIDE HOMES TO ABUSED, NEGLECTED, AND ABANDONED CHILDREN | Clinton, SC | $250K | 2022 |
| ForgeMINISTRY ADVANCEMENT AND STAFF SUPPORT - ANDRE DESPRES | Denver, CO | $45K | 2022 |
| School Time Bible MinistriesSUPPORT OF SPREADING THE GOSPEL TO SCHOOL CHILDREN | Columbia, SC | $25K | 2022 |
| Federation Center Of The BlindADAPTIVE COMPUTER TRAINING PROGRAM | 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 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC