74 Foundation Inc
74 Foundation Inc is a private foundation, based in Manhattan Beach, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $370K in total assets. In 2025, it awarded 3 grants totaling $24K. Net investment income was $235K.
74 Foundation Inc at a glance
In short: 74 Foundation Inc gave $24K across 3 grants in 2025 (avg $8K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $24,118
- +0.0% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $8,039
- +0.0% vs 2024
- Median grant
- $2,060
- Total assets
- $369,780
- +166.6% vs 2024
- Primary geography
- Virginia (83% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who 74 Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Fork Union Military Academy ($20K). Together the top 3 received $24K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 17 grants of 17 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How 74 Foundation Inc gives
- Giving fell 51% from 2022 to 2025. Method
- In 2025 it paid out 380% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $6K (2023) to $49K (2022). In 2025 it made 3 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fork Union Military Academy Fork Union, VA | Educational Support | $20,000 |
| Indy Humane Indianapolis, IN | Animal Rescue Support | $2,060 |
| Christopher D Redding Youth Asthma Found Lake Zurich, IL | Educational Support | $2,058 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $369,780 | $263,776 | $32,683 | $24,118 | 3 | $24,118 | $235,478 | $6,340 |
| 2024 | $138,687 | $20,921 | $30,092 | $24,118 | 3 | $24,118 | $11,551 | $8,416 |
| 2023 | $147,858 | $9,428 | $10,942 | $6,058 | 3 | $6,058 | $3,625 | $8,167 |
| 2022 | $149,346 | $4,967 | $57,542 | $49,060 | 5 | $49,060 | — | $9,904 |
| 2021 | $202,516 | $30,436 | $30,368 | $24,000 | 3 | $24,070 | $20,653 | $12,068 |
| 2020 | $202,501 | $26,059 | $39,047 | $34,000 | 4 | — | $2,767 | $10,283 |
Under IRS private-foundation payout rules, 74 Foundation Inc reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
74 Foundation Inc is led by Anthony S Castonzo, President, Director & Secretary on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Anthony S Castonzo
President, Director & Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
William Castonzo
Vice President & Director
On filings since 2020
0.3 hrs/week
No compensation reported
William Castonzo II
Treasurer & Director
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about 74 Foundation Inc
How much does 74 Foundation Inc give each year?
74 Foundation Inc gave $24K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24K across 3 grants.
What is 74 Foundation Inc's typical grant size?
74 Foundation Inc's median grant in 2025 was $2,060, and its average grant was $8,039, across 3 grants on its 2025 IRS Form 990-PF.
Where does 74 Foundation Inc give grants?
74 Foundation Inc gives mostly in Virginia: 83% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Indiana (9%) and Illinois (9%).
Does 74 Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on 74 Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is 74 Foundation Inc?
74 Foundation Inc reported $370K in total assets on its 2025 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
What is 74 Foundation Inc's EIN?
74 Foundation Inc's EIN (Employer Identification Number) is 81-4644081. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
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