Cassis George & Mary Charitable Fdn

DETROIT, MI EIN: 82-3713678

Cassis George & Mary Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.6M in total assets. In 2024, it awarded 1 grants totaling $338K. Net investment income was $314K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.6M

-1.9% YoY

Annual Giving

$338K

+4.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$338K

+4.2% YoY

Under IRS private-foundation payout rules, Cassis George & Mary Charitable Fdn reported a distributable amount of $369K for 2024 — the minimum it must pay out in qualifying distributions.

About Cassis George & Mary Charitable Fdn

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Mississippi $1.8M (100%)

States

Mississippi

Cities

Bay St Louis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,567,707	$6,696,358	$7,035,279
Revenue	$432,272	$97,867	$24,827
Expenses	$443,049	$412,135	$526,937
Qualifying Distributions	$341,178	$326,938	$406,651
Net Investment Income	$314,377	$72,704	$21,942
Distributable Amount	$368,620	$338,264	$345,834

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Library Fdn of Hancock County ($338,075).

Recipient	Purpose	Amount
LIBRARY FDN OF HANCOCK COUNTY BAY ST LOUIS, MS	SUPPORT FOR DAILY	$338,075

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FRANK J REEDY CPA	CO-TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Cassis George & Mary Charitable Fdn?

Cassis George & Mary Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. It holds $6.6M in total assets as of 2024.

How large is Cassis George & Mary Charitable Fdn?

As of 2024, Cassis George & Mary Charitable Fdn holds $6.6M in total assets with $432K in annual revenue. It awarded 1 grants totaling $338K in 2024.

Where does Cassis George & Mary Charitable Fdn operate?

Cassis George & Mary Charitable Fdn has awarded grants in Mississippi.

What size grants does Cassis George & Mary Charitable Fdn award?

In 2024, Cassis George & Mary Charitable Fdn awarded 1 grants totaling $338K — an average of about $338K per grant, based on its IRS Form 990 filings.

How much is Cassis George & Mary Charitable Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cassis George & Mary Charitable Fdn reported a distributable amount of $369K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cassis George & Mary Charitable Fdn's EIN?

Cassis George & Mary Charitable Fdn's EIN (Employer Identification Number) is 82-3713678. IRS Form 990 filing data is available on this page for 2020–2024.