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Stephen And Carol Cassiani Family Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2016. The principal officer is Stephen M Cassiani. It holds total assets of $7.1M. Annual income is reported at $3.8M. Total assets have grown from $301K in 2015 to $7.1M in 2024. The foundation is governed by 5 officers and trustees. The foundation has no direct charitable activities. It only disburses charitable funds to other tax-exempt organizations. 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 Texas. According to available records, Stephen And Carol Cassiani Family Foundation has made 24 grants totaling $645K, with a median grant of $20K. The foundation has distributed between $125K and $260K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $260K distributed across 10 grants. Individual grants have ranged from $10K to $60K, with an average award of $27K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$20K
Average Grant
$26K
Largest Grant
$60K
Based on 5 grants from the most recent 990-PF filing.
The foundation has no direct charitable activities. It only disburses charitable funds to other tax-exempt organizations
The foundation has no direct charitable activities. It only disburses charitable funds to other tax-exempt organizations. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in TX.
Stephen And Carol Cassiani Family Foundation has distributed a total of $645K across 24 grants. The median grant size is $20K, with an average of $27K. Individual grants have ranged from $10K to $60K.
Stephen And Carol Cassiani Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Stephen And Carol Cassiani Family Foundation is headquartered in HOUSTON, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen M Cassiani | SECRETARY/TREASURER | $0 | $0 | N/A |
| Carol A Cassiani | VICE PRESIDENT | $0 | $0 | N/A |
| Lisa C Macaraeg | PRESIDENT | $0 | $0 | N/A |
| E Biegel Macaraeg | VICE PRESIDENT | $0 | $0 | N/A |
| Jonathan M Forster | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$7.1M
Fair Market Value
N/A
Net Worth
$7.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
24
Total Giving
$645K
Average Grant
$27K
Median Grant
$20K
Unique Recipients
6
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United Way Of Greater HoustonCHARITABLE | Houston, TX | $60K | 2023 |
| Smu Simmons SchoolCHARITABLE | Dallas, TX | $25K | 2023 |
| Parish Episcopal SchoolCHARITABLE | Dallas, TX | $20K | 2023 |
| Women'S Auxillary ChildrensCHARITABLE | Dallas, TX | $15K | 2023 |
| American Red Cross Greater HoustonCHARITABLE | Houston, TX | $10K | 2023 |
| Women'S Auxilary ChildrensCHARITABLE | Dallas, TX | $15K | 2020 |