Alice V Casto Charitable Trust

PENNINGTON, NJ EIN: 27-4443546

Alice V Casto Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 1 grants totaling $88K. Net investment income was $159K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.0M

+2.8% YoY

Annual Giving

$88K

+1.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$88K

+1.8% YoY

Under IRS private-foundation payout rules, Alice V Casto Charitable Trust reported a distributable amount of $125K for 2025 — the minimum it must pay out in qualifying distributions.

About Alice V Casto Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $442K (100%)

States

West Virginia

Cities

Huntington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$1,961,034	$1,907,426	$1,965,211
Revenue	$181,022	$61,478	$69,046
Expenses	$123,165	$117,699	$126,881
Qualifying Distributions	$102,055	$105,131	$112,038
Net Investment Income	$159,254	$51,552	$53,180
Distributable Amount	$125,140	$106,659	$104,874

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Marshall University Foundation ($88,401).

Recipient	Purpose	Amount
MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WV	UNRESTRICTED GENERAL	$88,401

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	2	$33,988

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Alice V Casto Charitable Trust?

Alice V Casto Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $2.0M in total assets as of 2025.

How large is Alice V Casto Charitable Trust?

As of 2025, Alice V Casto Charitable Trust holds $2.0M in total assets with $181K in annual revenue. It awarded 1 grants totaling $88K in 2025.

Where does Alice V Casto Charitable Trust operate?

Alice V Casto Charitable Trust has awarded grants in West Virginia.

What size grants does Alice V Casto Charitable Trust award?

In 2025, Alice V Casto Charitable Trust awarded 1 grants totaling $88K — an average of about $88K per grant, based on its IRS Form 990 filings.

How much is Alice V Casto Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Alice V Casto Charitable Trust reported a distributable amount of $125K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alice V Casto Charitable Trust's EIN?

Alice V Casto Charitable Trust's EIN (Employer Identification Number) is 27-4443546. IRS Form 990 filing data is available on this page for 2021–2025.