Alice V Casto Charitable Trust

Private foundation · Grantmaker Pennington, NJ EIN: 27-4443546

Alice V Casto Charitable Trust is a private foundation, 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 grant totaling $88K. Net investment income was $159K.

Key facts about Alice V Casto Charitable Trust

In short: Alice V Casto Charitable Trust gave $88K across 1 grant in 2025 (avg $88K), mostly in West Virginia. Source: 2025 IRS Form 990-PF.

EIN
27-4443546
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$88,401
Grants made (2025)
1
Average grant
$88,401
Median grant
$88,401
Total assets
$1,961,034
Primary geography
West Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

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

1

+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.

How Alice V Casto Charitable Trust gives

  • Giving held roughly steady from 2022 to 2025 (+1%). Method
  • In 2025 it paid out 82% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

Huntington

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $86K (2021) to $94K (2023). In 2025 it made 1 grant totaling $88K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Marshall University Foundation: $88KMarshall University Foundation$88K

The largest 2025 recipient was Marshall University Foundation ($88K).

Grant Size Distribution

5 grants across all recorded years

<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Marshall University Foundation Huntington, WVUnrestricted General$88,401

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2021 2022 2023 2024 2025
Metric202520242023
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Alice V Casto Charitable Trust's only listed officer is Bank Of America N A, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Bank Of America N A

    Trustee

    On filings since 2022

    2 hrs/week

    $33K (2022) → $34K (2025)

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America N a — Trustee: $34KBank of America N aTrustee$34K

The highest reported compensation on the 2025 filing was $34K, to Bank of America N a (Trustee).

Frequently asked questions about Alice V Casto Charitable Trust

How much does Alice V Casto Charitable Trust give each year?

Alice V Casto Charitable Trust gave $88K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $87K across 1 grant.

How large is Alice V Casto Charitable Trust?

Alice V Casto Charitable Trust reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $102K in qualifying distributions that year, against a required minimum of $125K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Alice V Casto Charitable Trust operate?

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

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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