Casper Mills Scholarship Foundation

SANTA MONICA, CA EIN: 51-0174623

Casper Mills Scholarship Foundation is a private foundation focused on N/A, based in SANTA MONICA, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 22 grants totaling $210K. Net investment income was $131K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.5M

+3.0% YoY

Annual Giving

$210K

+7.7% YoY

Grant Count

22

+4.8% YoY

Avg Grant Size

$10K

+2.8% YoY

Under IRS private-foundation payout rules, Casper Mills Scholarship Foundation reported a distributable amount of $262K for 2024 — the minimum it must pay out in qualifying distributions.

About Casper Mills Scholarship Foundation

Based on IRS filings

Casper Mills Scholarship Foundation is a private foundation focused on N/A, based in SANTA MONICA, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 22 grants totaling $210K. Net investment income was $131K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AuroraBellinghamCanoga ParkClevelandColumbusDenverEncinoGranada HillsHendersonLiamLong BeachLos AngelesMenlo ParkNew YorkPaso RoblesPittsburghResedaSan DiegoSherman OaksTarzana

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$91K$182K$273K$365K2021202220232024
Metric202420232022
Total Assets$5,511,240$5,350,282$5,434,754
Revenue$193,801$23,574$9,760
Expenses$327,673$314,026$331,393
Qualifying Distributions$232,300$220,889$238,805
Net Investment Income$131,498$64,154$95,475
Distributable Amount$261,671$250,766$285,204

Giving Over Time

Total grant dollars and number of grants per year

$0$54K$107K$161K$215K25 grants202124 grants202221 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ALEXANDER MAKABEH$18KJULIANA KANSKI$16KBRIDGET LERMAN$15KDEAN PAZ$15KMAAYAN CARMI$15KARINA NISANOVA$12KMAXWELL GORDON$12KDANIEL TROLETTI$11KEMMA OGIEMWANYE$10KBENJAMIN BASSERI$10K

Grant Size Distribution

92 grants across all recorded years

92<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Alexander Makabeh ($18,000), Juliana Kanski ($16,000), Bridget Lerman ($15,000).

RecipientPurposeAmount
ALEXANDER MAKABEH HENDERSON, NV1 YEAR SCHOLARSHIP$18,000
ARINA NISANOVA RESEDA, CA1 YEAR SCHOLARESHIP$12,000
BENJAMIN BASSERI ENCINO, CA1 YEAR SCHOLARSHIP$9,500
BRIDGET LERMAN AURORA, CO1 YEAR SCHOLARSHIP$15,000
DANIEL TROLETTI WOODLAND HILLS, CA1 YEAR SCHOLARSHIP$11,000
DEAN PAZ DENVER, CO1 YEAR SHCHOLARSHIP$15,000
EMMA KRASOVICH SOUTHWORTH MENLO PARK, CA1 YEAR SCHOLARSHIP$5,000
EMMA OGIEMWANYE LONG BEACH, CA1 YEAR SCHOLARSHIP$10,000
ERICA TEJADA NEW YORK, NY1 YEAR SCHOLARSHIP$8,000
GABRIELLE BIRNBAUM LOS ANGELES, CA1 YEAR SCHOLARSHIP$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KEVIN J AXELRADPRESIDENT/DIR$15KPETER MAINSTAINTREASURER/DIR$6KSTEVEN E YOUNGSECRETARY/DIR$6KJULIE KUTASOVDIRECTOR$6K

From 2024 filing

NameTitleHoursCompensation
KEVIN J AXELRADPRESIDENT/DIR5$15,000
PETER MAINSTAINTREASURER/DIR2$6,000
STEVEN E YOUNGSECRETARY/DIR2$6,000
JULIE KUTASOVDIRECTOR2$6,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Casper Mills Scholarship Foundation?

Casper Mills Scholarship Foundation is a private foundation focused on N/A, based in SANTA MONICA, CA. It holds $5.5M in total assets as of 2024.

How large is Casper Mills Scholarship Foundation?

As of 2024, Casper Mills Scholarship Foundation holds $5.5M in total assets with $194K in annual revenue. It awarded 22 grants totaling $210K in 2024.

Where does Casper Mills Scholarship Foundation operate?

Casper Mills Scholarship Foundation has awarded grants in California, Colorado, District of Columbia, Nevada, New York, Ohio, Pennsylvania, Washington.

What size grants does Casper Mills Scholarship Foundation award?

In 2024, Casper Mills Scholarship Foundation awarded 22 grants totaling $210K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Casper Mills Scholarship Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Casper Mills Scholarship Foundation reported a distributable amount of $262K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Casper Mills Scholarship Foundation's EIN?

Casper Mills Scholarship Foundation's EIN (Employer Identification Number) is 51-0174623. IRS Form 990 filing data is available on this page for 2021–2024.

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

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