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Castelloe Family Foundation Inc. is a private corporation based in ASHEVILLE, NC. The foundation received its IRS ruling in 1999. The principal officer is % Paul E Castelloe. It holds total assets of $2.7M. Annual income is reported at $80K. Community self-development / cooperative development / grassroots organizing support with Colaborativa La Milpa and its member organizations. Technical assistance, coaching, community-based research and evaluation. 24% of overall staff time. According to available records, Castelloe Family Foundation Inc. has made 43 grants totaling $1.1M, with a median grant of $20K. The foundation has distributed between $182K and $495K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $495K distributed across 16 grants. Individual grants have ranged from $560 to $129K, with an average award of $25K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in North Carolina and New York. Contributions to this foundation are tax-deductible.
Research on positive childhood experiences (literature review / planning): Early stages of a major research project on positive childhood experiences as a buffer to childhood trauma. 25% of overall staff time.
Expenses: $38K
Teacher retention support at Emma Elementary in Asheville, NC. Includes developing/maintaining a staff lounge (snacks/coffee), a teacher supply closet, a "cheer cart" snacks and break), and events (holiday meals for teachers). 7% of overall staff time.
Expenses: $11K
Community self-development / cooperative development support with PODER Emma Community Ownership (www.poderemma.org). Technical assistance, coaching, and community-based research. 7% of total staff time.
Expenses: $11K
Rigorous Rapid Response Participatory Action Research project with Rural Support Partners and the Appalachia Funders Network (see https://www.seedsofloveinaction.org/about-3rpar). 5% of total staff time.
Expenses: $8K
Community self-development / cooperative development / grassroots organizing support with Colaborativa La Milpa and its member organizations. Technical assistance, coaching, community-based research and evaluation. 24% of overall staff time. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in NC, NY.
Castelloe Family Foundation Inc. has distributed a total of $1.1M across 43 grants. The median grant size is $20K, with an average of $25K. Individual grants have ranged from $560 to $129K.
Castelloe Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. Grantee to furnish periodic accounting to show that the funds were expended for the purposes which were approved by the Board of Directors.
Castelloe Family Foundation Inc. is headquartered in ASHEVILLE, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cheyenne Emmett | Co-Exec Dir | $98K | $11K | $109K |
| Paul E Castelloe Jr | President/Co-ED | $51K | $8K | $59K |
| Blair Castelloe Vanhook | VP/Secetary/Treas | $26K | $0 | $26K |
Total Giving
$439K
Total Assets
$2.8M
Fair Market Value
$3.5M
Net Worth
$2.7M
Grants Paid
$182K
Contributions
$0
Net Investment Income
$79K
Distribution Amount
$167K
Total: $2.7M
Total Grants
43
Total Giving
$1.1M
Average Grant
$25K
Median Grant
$20K
Unique Recipients
12
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saving GraceFor helpinghomelessanimals | Wake Forest, NC | $5K | 2020 |
| Colaborativa La MilpaFor Communityself-developmentin low-welth area. | Asheville, NC | $77K | 2023 |
| Ronald Mcdonald HouseFor home away fromhome for ill childrenand their families | Durham, NC | $30K | 2023 |
| Nc State Student Aid AssociationFor athletic scholarshipsand facilities | Raleigh, NC | $20K | 2023 |
| Nc State University FoundationFor counselingand mental healthservices |
GRINNELL, IA
BELLINGHAM, WA
MEDFORD, OR
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Raleigh, NC |
| $20K |
| 2023 |
| Emma Elementary School Teacher FundFor teacherwellnesssupport | Asheville, NC | $12K | 2023 |
| Leicester Elementary SchoolFor teacherwellnesssupport | Leicester, NC | $4K | 2023 |
| Ymca Of The Triangle AreaFor nurturingthe potentialof children | Raleigh, NC | $10K | 2022 |
| Herederos De Un Legado - Las CasitaLearningProgram | Asheville, NC | $560 | 2021 |
| Companeros Inmigrantes De Las MontaFor communityself-developmentin low-weath community | Asheville, NC | $70K | 2020 |
| National Eating Disorders AssociatiFor eating disorderprevention andeducation | New York, NY | $8K | 2020 |
| Transitions Guiding LightsFor supportof quality of lifeat life's end | Raleigh, NC | $8K | 2020 |
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