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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. Total assets have grown from $216K in 2011 to $2.7M in 2024. The foundation is governed by 3 officers and trustees. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in North Carolina. 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.
Smallest Grant
$560
Median Grant
$20K
Average Grant
$20K
Largest Grant
$70K
Based on 9 grants from the most recent 990-PF filing.
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
N/A
Total Assets
$2.7M
Fair Market Value
N/A
Net Worth
$2.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 University FoundationFor counselingand mental healthservices | Raleigh, NC | $20K | 2023 |
| Nc State Student Aid AssociationFor athletic scholarshipsand facilities | 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 |
| Transitions Guiding LightsFor supportof quality of lifeat life's end | Raleigh, NC | $8K | 2020 |
| National Eating Disorders AssociatiFor eating disorderprevention andeducation | New York, NY | $8K | 2020 |