Caspersen Foundation Inc

Private foundation · Grantmaker Key Largo, FL EIN: 47-4730474

Caspersen Foundation Inc is a private foundation based in Key Largo, Florida. Its 2025 filing reports grants to animal-related organizations, including organizations in Florida, North Carolina, and West Virginia.

Caspersen Foundation Inc at a glance

In short: Caspersen Foundation Inc gave $2.3M across 10 grants in 2025 (avg $229K), mostly in Florida. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$2,285,000
+82.8% vs 2024
Grants made (2025)
10
+150.0% vs 2024
Average grant
$228,500
-26.9% vs 2024
Median grant
$120,000
Primary geography
Florida (82% 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 Caspersen 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: 7 Barracuda Lane, Key Largo, FL 33037
Phone: (305) 367-0911

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

Who Caspersen Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Satchel's Last Resort: $1.3M across 2 grantsSatchel's Last Resort$1.3M · 2 grantsCashiers Highlands: $250KCashiers Highlands$250KOrcf - Redland Dog Sanctuary: $250KOrcf - Redland Dog Sanctuary$250KOrcf - This Is the Dog: $180K across 2 grantsOrcf - This Is the Dog$180K · 2 grantsNational Humane Education Society: $150KNational Humane EducationSociety$150KOrcf - Key West Humane Society: $90KOrcf - Key West Humane Society$90KOrcf - Florida Keys Humane Society: $90KOrcf - Florida Keys HumaneSociety$90KRedland Dog Sanctuary: $25KRedland Dog Sanctuary$25K

The largest 2025 recipient was Satchel's Last Resort ($1.3M across 2 grants). Together the top 8 received $2.3M.

Grant Size Distribution

29 grants across all recorded years

8<$50K4$50–100K1$100–250K8$250–500K2$500K–1M6$1–5M$5M+

The most common grant size was under $50K: 8 grants of 29 (28%).

Geographic Focus

Where this funder awards grants

In 2025, 82% of grant dollars went to recipients in Florida, 11% to North Carolina, and 7% to West Virginia.

Grant Distribution by State

5states

Share of 2025 grant dollars across all 10 itemized grants.

Cities

Key LargoHomesteadSarasotaRuskinCharles TownKanabN Miami BeachGainsvilleKey WestSapphireSt PetersburgWashington

How Caspersen Foundation Inc gives

  • Giving grew 271% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). 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

$0$1M$2M$3M$4M0 grants2019 0 grants2020 6 grants2021 4 grants2022 5 grants2023 4 grants2024 10 grants2025

From 2021 to 2025, annual grant giving ranged from $616K (2022) to $3.5M (2023). In 2025 it made 10 grants totaling $2.3M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Satchel's Last Resort Sarasota, FLContribution$1,000,000
Satchel's Last Resort Sarasota, FLContribution$250,000
Cashiers Highlands Sapphire, NCContribution$250,000
Orcf - Redland Dog Sanctuary Key Largo, FLContribution$250,000
National Humane Education Society Charles Town, WVContribution$150,000
Orcf - This Is the Dog Key Largo, FLContribution$90,000
Orcf - Key West Humane Society Key Largo, FLContribution$90,000
Orcf - Florida Keys Humane Society Key Largo, FLContribution$90,000
Orcf - This Is the Dog Key Largo, FLContribution$90,000
Redland Dog Sanctuary Homestead, FLContribtuion$25,000
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Financial History

Multi-year comparison from IRS filings

Assets were not provided for 2025.

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025—$-44,816$2,316,828$2,285,00010$2,285,000$14,775
2024$2,052,775$85,783$1,319,106$1,250,0004$1,250,000—
2023$3,286,098$-89,576$3,618,539$3,550,0005$3,550,000—
2022$6,994,213$-52,297$706,670$616,3804$616,380—
2021$7,753,180$225,903$2,627,309$2,535,0006$2,535,000$1,145,532
2020$10,058,680$437,401$73,011———$789,151
2019$1,682,604$5,245$7,500———$105

Under IRS private-foundation payout rules, Caspersen Foundation Inc reported a distributable amount of $15K for 2025 — 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 2025 grants went to organizations whose work includes animal shelter and adoption services, humane education, and animal care. Satchel’s Last Resort describes its mission as providing lifelong shelter and services to help animals find permanent homes, including training and medical care. The National Humane Education Society says it works to foster kindness to animals through humane education and advocacy, an animal adoption center, spay services, and partnerships.

Grantmaking

In 2025, the foundation reported 10 grants totaling $2,285,000. Grants ranged from $25,000 to $1,000,000, with a median of $120,000.

The largest listed grants included $1,000,000 and $250,000 to Satchel’s Last Resort; $250,000 to Cashiers Highlands; $250,000 to ORCF - Redland Dog Sanctuary; and $150,000 to the National Humane Education Society. Other listed grants included $90,000 each to ORCF - This Is the Dog (listed twice), ORCF - Key West Humane Society, and ORCF - Florida Keys Humane Society, and $25,000 to Redland Dog Sanctuary.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Sandra T Lynn as president, Lacy I Rice as vice president, Dennis Brozak as treasurer, and Jay Rourke as director.

Caspersen Foundation Inc is led by Sandra T. Lynn, President on every filing since 2019; 3 of 4 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Sandra T. Lynn

    President

    On filings since 2019

    $5K (2021) → $5K (2025)

  • Jay Rourke

    Director

    On filings since 2021

    $5K (2021) → $5K (2025)

  • Dennis Brozak

    Treasurer

    On filings since 2019

    $5K (2021) → $0 (2025)

  • Lacy I. Rice

    Vice President

    On filings since 2019

    $5K (2021) → $5K (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

Lacy I Rice — Vice Preside: $5KLacy I RiceVice Preside$5KSandra T Lynn — President: $5KSandra T LynnPresident$5KJay Rourke — Director: $5KJay RourkeDirector$5K

The highest reported compensation on the 2025 filing was $5K, to Lacy I Rice (Vice Preside). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Caspersen Foundation Inc

How much does Caspersen Foundation Inc give each year?

Caspersen Foundation Inc gave $2.3M across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.3M across 4 grants.

What is Caspersen Foundation Inc's typical grant size?

Caspersen Foundation Inc's median grant in 2025 was $120,000, and its average grant was $228,500, across 10 grants on its 2025 IRS Form 990-PF.

Where does Caspersen Foundation Inc give grants?

Caspersen Foundation Inc gives mostly in Florida: 82% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (11%) and West Virginia (7%). The most frequent recipient cities were Key Largo, FL (5 grants) and Sarasota, FL (2 grants).

Does Caspersen Foundation Inc give general operating support?

Not in 2025: none of the 10 grants with a stated purpose on Caspersen Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contribution" (9 grants).

Who are Caspersen Foundation Inc's largest grantees?

Caspersen Foundation Inc's largest 2025 grantees include Satchel's Last Resort ($1,250,000 across 2 grants), Cashiers Highlands ($250,000) and Orcf - Redland Dog Sanctuary ($250,000), according to its 2025 IRS Form 990-PF. Together they received 77% of its itemized 2025 grant dollars.

What does Caspersen Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants went to organizations whose work includes animal shelter and adoption services, humane education, and animal care. See mission & focus areas ↑

How do I apply for a grant from Caspersen 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 ↑

How much is Caspersen Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Caspersen Foundation Inc reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Caspersen Foundation Inc's EIN?

Caspersen Foundation Inc's EIN (Employer Identification Number) is 47-4730474. IRS Form 990 filing data is available on this page for 2019–2025.

Does Caspersen 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

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 17, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 30, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 20, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 7, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 25, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 24, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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Cite this profile

Grantable. (2026). Caspersen Foundation Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/caspersen-foundation-inc-morg_42b483644ccf496685efed4d211961ce

BibTeX
@misc{grantable_474730474_2026,
  author       = {{Grantable}},
  title        = {{Caspersen Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/caspersen-foundation-inc-morg_42b483644ccf496685efed4d211961ce},
  note         = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Caspersen 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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