Casper Mills Scholarship Foundation
The Casper Mills Scholarship Foundation is a private foundation based in Santa Monica, California. Its 2025 filing reports scholarships to individual recipients, with grants described as one-year scholarships.
Casper Mills Scholarship Foundation at a glance
In short: Casper Mills Scholarship Foundation gave $195K across 24 grants in 2025 (avg $8K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $195,250
- -7.0% vs 2024
- Grants made (2025)
- 24
- +9.1% vs 2024
- Average grant
- $8,135
- -14.8% vs 2024
- Median grant
- $7,000
- Total assets
- $5,647,929
- +2.5% vs 2024
- Primary geography
- California (67% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Casper Mills Scholarship Foundation
- Review Cycle
- The 2023 filing listed deadlines between April and August. This is past-cycle information.
- Deadline
- The 2023 filing listed deadlines between April and August.
- Contact
Application contact: Kevin Axelrad Lisa Axelrad Administ
Mailing address: 12340 Santa Monica Blvd Suite 212, Los Angeles, CA 90025
Phone: (310) 449-0143
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Casper Mills Scholarship Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Arina Nisanova ($19K). Together the top 2 received $26K.
Organizations only. It also paid 22 individual scholarships ($169,250), which are not listed by name.
Grant Size Distribution
116 grants across all recorded years
The most common grant size was under $50K: 116 grants of 116 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 67% of grant dollars went to recipients in California, 12% to New York, 10% to Colorado, 6% to Ohio, and 4% to Washington.
Grant Distribution by State
Share of 2025 grant dollars across all 24 itemized grants.
States
Cities
How Casper Mills Scholarship Foundation gives
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 80% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $195K (2019) to $215K (2022). In 2025 it made 24 grants totaling $195K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Arina Nisanova Reseda, CA | 1 Year Scholareship | $19,000 |
| 22 individual scholarships Recipients not named | — | $169,250 |
| Gabrielle Sipen Tarzana, CA | 1 Year Schoularship | $7,000 |
Ready to take the next step with Casper Mills Scholarship Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5,647,929 | $110,331 | $315,209 | $195,250 | 24 | $217,625 | $73,215 | $272,139 |
| 2024 | $5,511,240 | $193,801 | $327,673 | $210,000 | 22 | $232,300 | $131,498 | $261,671 |
| 2023 | $5,350,282 | $23,574 | $314,026 | $195,000 | 21 | $220,889 | $64,154 | $250,766 |
| 2022 | $5,434,754 | $9,760 | $331,393 | $214,500 | 24 | $238,805 | $95,475 | $285,204 |
| 2021 | $6,200,945 | $249,539 | $321,557 | $203,000 | 25 | — | $186,232 | $286,345 |
| 2019 | $5,574,164 | $163,823 | $308,718 | $194,500 | 24 | — | $135,239 | $263,289 |
Under IRS private-foundation payout rules, Casper Mills Scholarship Foundation reported a distributable amount of $272K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In filing year 2025, the foundation gave 24 grants totaling $195,250. Grant amounts ranged from $3,000 to $19,000, with a median of $7,000. The largest awards included two $19,000 scholarships, one $15,000 scholarship, two $12,000 scholarships, and an $11,000 scholarship.
The foundation’s 2023 filing states that it does not restrict giving to preselected organizations. Its listed application materials include a completed foundation application; a personal statement covering personal background, academic history, and future academic goals; a projected budget; a summary of outstanding student loans; a photo; the most recent income tax return (or parents’ return if the applicant is dependent); transcripts; proof of intent to enroll full-time for the upcoming academic year; and a personal interview and meeting with trustees.
The 2023 filing lists these eligibility requirements: the candidate must have graduated from an accredited high school; use the scholarship for college or post-college education; have one or both parents deceased, or have parents who are divorced or separated and unable to provide further education financially; have at least one parent of Jewish ancestry, as defined in the filing; have maintained the equivalent of a 3.0 or B GPA in high school or college; lack adequate funds from other sources for support and education; and be a U.S. citizen or have a pending application.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Kevin J Axelrad as president and director, Peter Mainstain as treasurer and director, Steven E Young as secretary and director, and Julie Kutasov as director.
Casper Mills Scholarship Foundation is led by Kevin J. Axelrad, President & Director on every filing since 2019; all 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Kevin J. Axelrad
President & Director
On filings since 2019
5 hrs/week
$14K (2019) → $15K (2025)
Julie Kutasov
Director
On filings since 2019
2 hrs/week
$5K (2019) → $6K (2025)
Peter Mainstain
Treasurer & Director
On filings since 2019
2 hrs/week
$5K (2019) → $6K (2025)
Steven E. Young
Secretary & Director
On filings since 2019
2 hrs/week
$5K (2019) → $6K (2025)
Data from IRS Form 990 filings, 2019–2025. "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
The highest reported compensation on the 2025 filing was $15K, to Kevin J Axelrad (President/DIR). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Casper Mills Scholarship Foundation
How much does Casper Mills Scholarship Foundation give each year?
Casper Mills Scholarship Foundation gave $195K across 24 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $210K across 22 grants.
What is Casper Mills Scholarship Foundation's typical grant size?
Casper Mills Scholarship Foundation's median grant in 2025 was $7,000, and its average grant was $8,135, across 24 grants on its 2025 IRS Form 990-PF.
Where does Casper Mills Scholarship Foundation give grants?
Casper Mills Scholarship Foundation gives mostly in California: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (12%) and Colorado (10%).
Does Casper Mills Scholarship Foundation give general operating support?
Not in 2025: none of the 24 grants with a stated purpose on Casper Mills Scholarship Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "1 Year Scholarship" (22 grants).
How large is Casper Mills Scholarship Foundation?
Casper Mills Scholarship Foundation reported $5.6M in total assets on its 2025 IRS Form 990-PF. It paid out $218K in qualifying distributions that year, against a required minimum of $272K (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.
How do I apply for a grant from Casper Mills Scholarship Foundation?
Casper Mills Scholarship Foundation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
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 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS December 19, 2019)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 11, 2026)
- IRS filings on file for fiscal years 2019–2025
Other open foundation grants in California
California Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Casper Mills Scholarship Foundation's focus areas in our free grants database
Similar Funders
Similar funders in California
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
California Community Foundation
Los Angeles, CA
The California Community Foundation supports nonprofits through discretionary and donor-directed grants, with discretionary priorities including education, health, housing and immigration, alongside other areas such as arts, civic engagement and economic opportunity. Its 2025 grants had a median of $50,000, and its work is focused on Los Angeles County; prospective discretionary applicants are asked to contact the relevant program officer before submitting a letter of intent.
Assets
$2.3B
Grants
2,174
Total Given
$326.6M
The William & Flora Hewlett Foundation
Menlo Park, CA
The William & Flora Hewlett Foundation funds education, climate and conservation, the arts, democracy, gender equity, racial justice, and efforts to strengthen nonprofits and philanthropy, with work spanning the San Francisco Bay Area, the U.S. West, and locations including East and West Africa and Mexico. Its 2024 grants had a median award of $150,000, though amounts varied widely. It generally does not accept unsolicited requests, but sometimes invites proposals through open processes.
Assets
$14.2B
Grants
2,001
Total Given
$625.0M
Marin Community Foundation
Novato, CA
Marin Community Foundation funds work in affordable housing and homelessness, community resilience and power, as well as social services, education, arts and conservation, with a focus on marginalized Marin County residents and some broader U.S. and international grantmaking. Its 2025 grants had a median of $25,000, though amounts varied widely. The profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
1,573
Total Given
$186.1M
Conrad N Hilton Foundation
Westlake Village, CA
The Conrad N. Hilton Foundation funds nonprofits working to improve lives and alleviate poverty, with initiatives including early childhood development, homelessness, refugees, safe water, and support for foster and opportunity youth. Its work is global, and its 2024 grants had a median award of $76,000. It generally does not accept unsolicited requests, except through its Good Neighbor Program for eligible local nonprofits and Title 1 schools.
Assets
$7.4B
Grants
1,339
Total Given
$287.7M
The California Endowment
Los Angeles, CA
The California Endowment funds nonprofit, government, and eligible faith-based organizations working to advance health and racial equity, strengthen community power, and improve health systems and communities, primarily in California. Its 2024 median grant was $100,000, and funding is by invitation only; it does not accept unsolicited requests.
Assets
$4.5B
Grants
1,125
Total Given
$215.9M
More similar funders
More Funders in California
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Casper Mills Scholarship Foundation'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.
Casper Mills Scholarship Foundation down — hundreds of funders to go?