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Erik S Cassel Foundation is a private corporation based in SAN MATEO, CA. The foundation received its IRS ruling in 2019. The principal officer is % Rebecca Smith. It holds total assets of $7M. Annual income is reported at $3.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Erik S Cassel Foundation has made 27 grants totaling $1.1M, with a median grant of $35K. Annual giving has grown from $75K in 2020 to $325K in 2023. Grantmaking activity was highest in 2021 with $375K distributed across 9 grants. Individual grants have ranged from $5K to $150K, with an average award of $40K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in New York, California, Louisiana, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Erik S Cassel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in NY, CA, LA.
Erik S Cassel Foundation has distributed a total of $1.1M across 27 grants. The median grant size is $35K, with an average of $40K. Individual grants have ranged from $5K to $150K.
Erik S Cassel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Erik S Cassel Foundation is headquartered in SAN MATEO, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rebecca Smith | PRESIDENT/SECRETARY | $0 | $0 | $0 |
| David Cassel | TREASURER | $0 | $0 | $0 |
| Kai Robert Cassel | DIRECTOR | $0 | $0 | $0 |
| Daniel Cassel | DIRECTOR | $0 | $0 | $0 |
Total Giving
$377K
Total Assets
$6.6M
Fair Market Value
$6.6M
Net Worth
$6.6M
Grants Paid
$325K
Contributions
$0
Net Investment Income
$86K
Distribution Amount
$310K
Total: $6.5M
Total Grants
27
Total Giving
$1.1M
Average Grant
$40K
Median Grant
$35K
Unique Recipients
9
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bard CollegeACCESS & EQUITY | Annandaleonhudson, NY | $105K | 2023 |
| Xavier University Of LouisianaGENERAL NEED-BASED SCHOLARSHIPS | New Orleans, LA | $50K | 2023 |
| LifemovesCOMMUNITY SUPPORT | Menlo Park, CA | $50K | 2023 |
| Eastside College PrepGENERAL NEED-BASED SCHOLARSHIPS | East Palo Alto, CA | $50K | 2023 |
| Rainforest FoundationRAINFOREST PROTECTION | Brooklyn, NY | $40K | 2023 |
| Immigration Institute Of Bay AreaIMMIGRATION SUPPORT | San Francisco, CA | $30K | 2023 |
| Kids In Need Of DefenseSOCIAL SERVICES | Washington, DC | $20K | 2021 |
| Sunrise Education FundSOCIAL SERVICES | Washington, DC | $15K | 2021 |
| GreenactionENVIROMENTAL PROTECTION | San Francisco, CA | $15K | 2021 |
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