Cashion Family Foundation Inc
Cashion Family Foundation Inc is a private foundation focused on Education, based in STATESVILLE, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $860K in total assets. In 2025, it awarded 9 grants totaling $37K. Net investment income was $44K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$860K
+0.5% YoY
Annual Giving
$37K
-71.1% YoY
Grant Count
9
-64.0% YoY
Avg Grant Size
$4K
-19.7% YoY
Under IRS private-foundation payout rules, Cashion Family Foundation Inc reported a distributable amount of $50K for 2025 — the minimum it must pay out in qualifying distributions.
About Cashion Family Foundation Inc
Based on IRS filings
Cashion Family Foundation Inc is a private foundation focused on Education, based in STATESVILLE, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $860K in total assets. In 2025, it awarded 9 grants totaling $37K. Net investment income was $44K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $859,909 | $855,677 | $978,782 |
| Revenue | $50,013 | $13,350 | $165,035 |
| Expenses | $45,781 | $136,455 | $44,459 |
| Qualifying Distributions | $37,000 | $128,000 | $36,000 |
| Net Investment Income | $44,448 | $23,368 | $24,753 |
| Distributable Amount | $49,722 | $47,474 | $48,347 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
83 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Pfeiffer University ($12,000), Campbell University ($5,000), Fifth Street Ministries ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LONELY CHILDREN'S FUND STATESVILLE, NC | RECIPIENTS GENERAL PURPOSE | $3,000 |
| FIFTH STREET MINISTRIES STATESVILLE, NC | RECIPIENTS GENERAL PURPOSE | $4,000 |
| IREDELL CHRISTIAN MINISTRIES STATESVILLE, NC | RECIPIENTS GENERAL PURPOSE | $4,000 |
| MY SISTER'S HOUSE STATESVILLE, NC | RECIPIENTS GENERAL PURPOSE | $2,500 |
| YOKEFELLOW MINISTRIES OF STATESVILL STATESVILLE, NC | RECIPIENTS GENERAL PURPOSE | $2,000 |
| PFEIFFER UNIVERSITY MISENHEIMER, NC | RECIPIENTS GENERAL PURPOSE | $12,000 |
| CAMPBELL UNIVERSITY BUIES CREEK, NC | RECIPIENTS GENERAL PURPOSE | $5,000 |
| SAMARITAN'S PURSE BOONE, NC | RECIPIENTS GENERAL PURPOSE | $3,500 |
| OUR FATHER'S TABLE FITCHBURG, MA | RECIPIENTS GENERAL PURPOSE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JULIA C JOHNSON | TREASURER | 2 | — |
| ROBERT B CASHION | PRESIDENT | 2 | — |
| JAMES T CASHION JR | SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cashion Family Foundation Inc?
Cashion Family Foundation Inc is a private foundation focused on Education, based in STATESVILLE, NC. It holds $860K in total assets as of 2025.
How large is Cashion Family Foundation Inc?
As of 2025, Cashion Family Foundation Inc holds $860K in total assets with $50K in annual revenue. It awarded 9 grants totaling $37K in 2025.
Where does Cashion Family Foundation Inc operate?
Cashion Family Foundation Inc has awarded grants in Massachusetts, North Carolina, South Carolina, Virginia.
What size grants does Cashion Family Foundation Inc award?
In 2025, Cashion Family Foundation Inc awarded 9 grants totaling $37K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Cashion Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Cashion Family Foundation Inc reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2025.
Explore Open Grants
Browse active grant opportunities in Cashion Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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