Cassels Family Foundation

LEXINGTON, SC EIN: 57-1029022

Cassels Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31.7M in total assets. In 2024, it awarded 8 grants totaling $1.2M. Net investment income was $3.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$31.7M

+6.3% YoY

Annual Giving

$1.2M

-25.5% YoY

Grant Count

8

-11.1% YoY

Avg Grant Size

$149K

-16.1% YoY

About Cassels Family Foundation

Based on IRS filings

Cassels Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31.7M in total assets. In 2024, it awarded 8 grants totaling $1.2M. Net investment income was $3.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

ChapinCharlestonCharlotteClintonColombiaColorado SpringsColumbiaDallasDenverMt PleasantNorth CharlestonValdostaWinooski

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$7M$9M20202021202220232024
Metric202420232022
Total Assets$31,679,065$29,801,441$29,622,909
Revenue$3,271,373$1,868,647$5,740,926
Expenses$1,384,543$1,734,450$1,225,627
Qualifying Distributions$1,193,500$1,601,166$1,122,500
Net Investment Income$3,118,815$1,744,235$721,551
Distributable Amount$2,248,015$2,071,963$1,838,154

Giving Over Time

Total grant dollars and number of grants per year

$0$400K$801K$1M$2M5 grants202011 grants20215 grants20229 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

EMPOWER ONE$500KCOLUMBIA INTERNATIONAL U…$221KUNITED WAY OF THE MIDLANDS$200KHABITAT FOR HUMANITY$150KAMERICAN HEART ASSOCIATION$50KFORGE$38KSCHOOL TIME BIBLE MINIST…$30KFEDERATION CENTER OF THE…$5K

Grant Size Distribution

38 grants across all recorded years

19<$50K1$50–100K9$100–250K6$250–500K2$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM T CASSELS JRPRESIDENT1
KATHERINE CASSELS WOLFEVICE PRESIDENT1
WTOBIN CASSELS IIISECRETARY/TREASURER1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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