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Cassner Foundation Inc. is a private corporation based in HILLSBORO, OH. The foundation received its IRS ruling in 1962. The principal officer is Norman C Perrin. It holds total assets of $3.1M. Annual income is reported at $165K. Total assets have decreased from $4M in 2011 to $3.1M in 2022. The foundation is governed by 2 officers and trustees. Donations - 9 organizations received contributions during the year. See statements. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Ohio and Kentucky. According to available records, Cassner Foundation Inc. has made 64 grants totaling $302K, with a median grant of $4K. Individual grants have ranged from $1K to $35K, with an average award of $5K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Ohio, Kentucky, Florida, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$4K
Average Grant
$6K
Largest Grant
$67K
Based on 34 grants from the most recent 990-PF filing.
Donations - 7 organizations received contributions during the year. See statements.
Expenses: $110K
Scholarships - 26 scholarships in the amount of $3,500 each. See statements.
Expenses: $91K
Donations - 9 organizations received contributions during the year. See statements. Based on available records, the foundation has funded 64 grants. Its grantmaking reaches organizations primarily in OH, KY, FL.
Cassner Foundation Inc. has distributed a total of $302K across 64 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $1K to $35K.
Cassner Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cassner Foundation Inc. is headquartered in HILLSBORO, OH. While based in OH, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jon Cassner | President | $0 | $0 | N/A |
| Brian Cassner | Treasurer | $0 | $0 | N/A |
Total Giving
$155K
Total Assets
$3.1M
Fair Market Value
$3.1M
Net Worth
$3.1M
Grants Paid
$151K
Contributions
N/A
Net Investment Income
$208K
Distribution Amount
$153K
Total: $272K
Total Grants
64
Total Giving
$302K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
22
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hillsboro Christian AcademyFor funding school expansion | Hillsboro, OH | $35K | 2023 |
| Hillsboro Police DepartmentTo support general programs | Hillsboro, OH | $9K | 2023 |
| Highland County SheriffTo support general programs | Hillsboro, OH | $9K | 2023 |
| Alternatives To Violence CenterTo support general programs | Hillsboro, OH | $6K | 2023 |
| Ohio UniversityScholarship | Athens, OH | $4K | 2023 |
| Wright State UniversityScholarship | Dayton, OH | $4K | 2023 |
| Northern Kentucky UniversityScholarship | Highland Heights, KY | $4K | 2023 |
| Southern Ohio Pregnancy CenterTo support general programs | Hillsboro, OH | $4K | 2023 |
| Capital UniversityScholarship | Columbus, OH | $4K | 2023 |
| Miami UniversityScholarship | Oxford, OH | $4K | 2023 |
| Mount St Joseph UniversityScholarship | Cincinnati, OH | $4K | 2023 |
| Ohio State UniversityScholarship | Columbus, OH | $4K | 2023 |
| University Of DaytonScholarship | Dayton, OH | $4K | 2023 |
| Wilmington CollegeScholarship | Wilmington, OH | $4K | 2023 |
| Florida State UniversityScholarship | Tallahassee, FL | $4K | 2023 |
| Hocking CollegeScholarship | Nelsonville, OH | $4K | 2023 |
| Liberty UniversityScholarship | Lynchburg, VA | $4K | 2023 |
| Univesity Of KentuckyScholarship | Lexington, KY | $4K | 2023 |
| Shawnee State UniversityScholarship | Portsmouth, OH | $4K | 2023 |
| Heidelberg UniversityScholarship | Tiffin, OH | $4K | 2023 |