Cashion Family Foundation Inc

Private foundation · Grantmaker Statesville, NC EIN: 56-1891858
EducationReligionHuman servicesYouth development

Cashion Family Foundation Inc is a private foundation based in Statesville, North Carolina. Its 2026 filing reports 21 grants totaling $43,500 to organizations, primarily in North Carolina, including community, educational, health, and charitable organizations.

Cashion Family Foundation Inc at a glance

In short: Cashion Family Foundation Inc gave $44K across 21 grants in 2026 (avg $2K), mostly in North Carolina. 25% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.

Annual giving (2026)
$43,500
+17.6% vs 2025
Grants made (2026)
21
+133.3% vs 2025
Average grant
$2,071
-49.6% vs 2025
Median grant
$1,500
Total assets
$845,452
-1.7% vs 2025
New grantees (estimate)
25% first-time grantees (5 of 20, 2026; small sample)
Primary geography
North Carolina (95% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

Data from IRS Form 990-PF, 2026; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Cashion Family Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: C/O Julia Johnson 170 Foxglove Dr, Statesville, NC 28625
Phone: (704) 838-3332

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Cashion Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2026

Bonclarken Conference Center: $5KBonclarken Conference Center$5KStatesville HS Renaissance Fdn: $5KStatesville HS Renaissance Fdn$5KMitchell Community College: $4KMitchell Community College$4KLonely Children's Fund: $3KLonely Children's Fund$3KBoys & Girls Club of the Piedmont: $3KBoys & Girls Club of thePiedmont$3KPower Cross: $2KPower Cross$2KCrossroads Care Clinic: $2KCrossroads Care Clinic$2KIredell County School Bible Assoc: $2KIredell County School BibleAssoc$2KErskine College: $2KErskine College$2KPurple Heart Homes: $2KPurple Heart Homes$2K

The largest 2026 recipient was Bonclarken Conference Center ($5K). Together the top 10 received $29K.

Organizations only. It also paid 1 individual scholarship ($5,000), which are not listed by name.

Grant Size Distribution

98 grants across all recorded years

98<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 98 grants of 98 (100%).

Geographic Focus

Where this funder awards grants

In 2026, 95% of grant dollars went to recipients in North Carolina and 5% to recipients in South Carolina.

Grant Distribution by State

4states

Share of 2026 grant dollars across all 21 itemized grants.

Cities

StatesvilleBarium SpringsBooneBuies CreekDue WestFlat RockMooresvilleMisenhiemerRaleighMisenheimerFitchburgHarmonyRichmond

Is Cashion Family Foundation Inc open to new grantees?

25%

first-time grantees, 2026

In 2026, 5 of 20 grantees (25%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $2K; repeat grants $2K. How we count

Medians: $1K first-time, $2K repeat.

  • 10% of 2026 grantees were also funded in 2025. Method
  • Giving grew 21% from 2023 to 2026. Method
  • In 2026 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2026). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K26 grants2020 6 grants2021 23 grants2022 20 grants2023 25 grants2024 9 grants2025 21 grants2026

From 2020 to 2026, annual grant giving ranged from $31K (2021) to $128K (2024). In 2026 it made 21 grants totaling $44K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Bonclarken Conference Center Flat Rock, NCRecipients General Purpose$5,000
1 individual scholarship Recipients not named —$5,000
Statesville HS Renaissance Fdn Statesville, NCRecipients General Purpose$5,000
Mitchell Community College Statesville, NCRecipients General Purpose$4,000
Lonely Children's Fund Statesville, NCRecipients General Purpose$3,000
Boys & Girls Club of the Piedmont Statesville, NCRecipients General Purpose$2,500
Power Cross Statesville, NCRecipients General Purpose$2,000
Crossroads Care Clinic Statesville, NCRecipients General Purpose$2,000
Iredell County School Bible Assoc Statesville, NCRecipients General Purpose$2,000
Erskine College Due West, SCRecipients General Purpose$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$845,452$38,084$52,541$43,50021$43,500$32,519$52,247
2025$859,909$50,013$45,781$37,0009$37,000$44,448$49,722
2024$855,677$13,350$136,455$128,00025$128,000$23,368$47,474
2023$978,782$165,035$44,459$36,00020$36,000$24,753$48,347
2022$858,206$46,267$72,169$63,00023$63,000$19,172$55,456
2021$884,108$2,409$39,675$31,0006—$10,860$49,917
2020$921,374$44,584$74,517$65,00026—$38,681$49,218

Under IRS private-foundation payout rules, Cashion Family Foundation Inc reported a distributable amount of $52K for 2026 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2026 grants show support for a range of organizations. For example, the Boys & Girls Club of the Piedmont says its mission is to help young people reach their full potential as productive, caring, responsible citizens. POWER CROSS describes its mission as sharing the word of Christ in the community, while Iredell Health Foundation says it supports access, patient experience, and strategic growth across Iredell Health System. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2026, the foundation gave $43,500 through 21 grants. Grants ranged from $500 to $5,000, with a median of $1,500. Among the larger awards were $5,000 each to Bonclarken Conference Center, NC State University Feed Dept, and Statesville HS Renaissance Fdn; $4,000 to Mitchell Community College; and $3,000 to Lonely Children’s Fund. Other recipients included Boys & Girls Club of the Piedmont ($2,500), POWER CROSS ($2,000), and Crossroads Care Clinic ($2,000).

Leadership & Key People

Leadership team and compensation from IRS filings

The 2026 filing lists Robert B Cashion as president, Julia C Johnson as treasurer, and James T Cashion Jr as secretary.

Cashion Family Foundation Inc is led by Robert B. Cashion, President on every filing since 2020; none of the 3 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Robert B. Cashion

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • James T. Cashion Jr.

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Julia C. Johnson

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2026. "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 Cashion Family Foundation Inc

How much does Cashion Family Foundation Inc give each year?

Cashion Family Foundation Inc gave $44K across 21 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $37K across 9 grants.

What is Cashion Family Foundation Inc's typical grant size?

Cashion Family Foundation Inc's median grant in 2026 was $1,500, and its average grant was $2,071, across 21 grants on its 2026 IRS Form 990-PF. Organizations receiving their first grant from Cashion Family Foundation Inc that year got $2K on average.

Where does Cashion Family Foundation Inc give grants?

Cashion Family Foundation Inc gives mostly in North Carolina: 95% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Statesville, NC (14 grants).

Does Cashion Family Foundation Inc give general operating support?

Yes: 95% of Cashion Family Foundation Inc's 2026 grants with a stated purpose (20 of 21) were for general or operating support, per its 2026 IRS Form 990-PF.

Who are Cashion Family Foundation Inc's largest grantees?

Cashion Family Foundation Inc's largest 2026 grantees include Bonclarken Conference Center ($5,000), Statesville HS Renaissance Fdn ($5,000) and Mitchell Community College ($4,000), according to its 2026 IRS Form 990-PF. It also paid 1 individual scholarship ($5,000), which are not listed by name. Together they received 32% of its itemized 2026 grant dollars.

How large is Cashion Family Foundation Inc?

Cashion Family Foundation Inc reported $845K in total assets on its 2026 IRS Form 990-PF. It paid out $44K in qualifying distributions that year, against a required minimum of $52K (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.

What does Cashion Family Foundation Inc fund?

No mission statement for the foundation is provided. Its 2026 grants show support for a range of organizations. For example, the Boys & Girls Club of the Piedmont says its mission is to help young people reach their full potential as productive, caring, responsible citizens. See mission & focus areas ↑

How do I apply for a grant from Cashion Family Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Cashion Family Foundation Inc's EIN?

Cashion Family Foundation Inc's EIN (Employer Identification Number) is 56-1891858. IRS Form 990 filing data is available on this page for 2020–2026.

Does Cashion Family Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 9, 2026)
  2. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Cashion Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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