Cassia Foundation Inc

BROOKLYN, NY EIN: 11-6037172

Cassia Foundation Inc is a private foundation focused on Health, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $43K in total assets. In 2024, it awarded 3 grants totaling $3K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$43K

-2.4% YoY

Annual Giving

$3K

-25.3% YoY

Grant Count

3

-40.0% YoY

Avg Grant Size

$933.333

+24.4% YoY

Under IRS private-foundation payout rules, Cassia Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Cassia Foundation Inc

Based on IRS filings

Cassia Foundation Inc is a private foundation focused on Health, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $43K in total assets. In 2024, it awarded 3 grants totaling $3K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CorinthHicksvilleOceansidePhiladelphiaRochesterStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1K$2K$3K$4K20202021202220232024
Metric202420232022
Total Assets$42,576$43,616$47,023
Revenue$1,772$911$775
Expenses$2,809$4,070$683
Qualifying Distributions$2,800$3,750$600
Net Investment Income$1,637$678$725
Distributable Amount$1,862$1,919$2,104

Giving Over Time

Total grant dollars and number of grants per year

$0$937.5$2K$3K$4K0 grants20201 grants20211 grants20225 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

SECOND KINGS CHARITIES$1KMASONIC BROTHERHOOD$1KFULL CIRCLE HOME$600

Grant Size Distribution

10 grants across all recorded years

10<$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 Second Kings Charities ($1,200), Masonic Brotherhood ($1,000), Full Circle Home ($600).

RecipientPurposeAmount
SECOND KINGS CHARITIES OCEANSIDE, NYSUPPORT$1,200
MASONIC BROTHERHOOD HICKSVILLE, NYSUPPORT$1,000
FULL CIRCLE HOME ROCHESTER, NYSUPPORT$600

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
YU KEUNG LOPresident
SALVATORE CONTIVP
MITCHELL FALKTreasurer

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Cassia Foundation Inc?

Cassia Foundation Inc is a private foundation focused on Health, based in BROOKLYN, NY. It holds $43K in total assets as of 2024.

How large is Cassia Foundation Inc?

As of 2024, Cassia Foundation Inc holds $43K in total assets with $2K in annual revenue. It awarded 3 grants totaling $3K in 2024.

Where does Cassia Foundation Inc operate?

Cassia Foundation Inc has awarded grants in New York, Pennsylvania.

What size grants does Cassia Foundation Inc award?

In 2024, Cassia Foundation Inc awarded 3 grants totaling $3K — an average of about $933.333 per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cassia Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cassia Foundation Inc's EIN?

Cassia Foundation Inc's EIN (Employer Identification Number) is 11-6037172. IRS Form 990 filing data is available on this page for 2020–2024.

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

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