Castillo Foundation

Private foundation · Grantmaker Cypress, TX EIN: 84-1680072

Castillo Foundation is a private foundation based in Cypress, Texas. Its 2024 filing reports grants for students pursuing higher education after high school.

Key facts about Castillo Foundation

In short: Castillo Foundation gave $10K across 10 grants in 2024 (avg $1K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
84-1680072
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$10,000
Grants made (2024)
10
Average grant
$1,000
Median grant
$1,000
Total assets
$31,069
Primary geography
Texas (100% of itemized 2024 grant dollars)
How to apply
The 2024 filing says to contact Leila Castillo Ayachi and provide the student’s full name, address, date of birth, graduation date, college plans, educational background, extracurricular activities, statement of need,… Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$31K

+34.5% YoY

Annual Giving

$10K

+122.2% YoY

Grant Count

10

+233.3% YoY

Avg Grant Size

$1K

-33.3% YoY

Under IRS private-foundation payout rules, Castillo Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

How Castillo Foundation gives

  • In 2024 it paid out 917% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement is provided. The 2024 grants were for students pursuing higher education after high school.

Grantmaking

In 2024, the foundation gave $10,000 through 10 grants, each for $1,000. The listed grants went to students in Galveston and Texas City, Texas, for higher-education purposes.

Review Cycle

of 12 p.m. on April 30; that deadline is past.

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Geographic Focus

Where this funder awards grants

The filing states that applicants must be students from high schools in Galveston County, Texas. All listed 2024 grant recipients were in Texas.

Grant Distribution by State

1state

Share of 2024 grant dollars across all 10 itemized grants.

States

Cities

GalvestonLa MarqueTexas City

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K0 grants2020 0 grants2021 0 grants2022 3 grants2023 10 grants2024

From 2023 to 2024, annual grant giving ranged from $5K (2023) to $10K (2024). In 2024 it made 10 grants totaling $10K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
10 grants to individuals Recipients not named —$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $31,069 $17,967 $10,000 $10,000 (10 grants)
2023 $23,102 $10,267 $4,500 $4,500 (3 grants)
2022 — $4,600 $4,000 0 grants
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K$20K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$31,069$23,102—
Revenue$17,967$10,267$4,600
Expenses$10,000$4,500$4,000
Qualifying Distributions$10,000$4,500—
Net Investment Income$148——
Distributable Amount$1,090$998—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Leila Castillo Ayachi, Najet Castillo Ayachi, and Ramzy Castillo Ayachi as members.

Castillo Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Leila Castillo Ayachi

    Member

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Najet Castillo Ayachi

    Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Ramzy Castillo Ayachi

    Member

    On filings since 2023

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Helen Ayachi (2020–2022) — Individual Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Leila Castillo Ayachi
Mailing address: 12620 Fm 1960 W Ste A-4 Box 516, Houston, TX 77065
Phone: (512) 507-8022
Email: thecastillofoundation@gmail.com

Frequently asked questions about Castillo Foundation

How much does Castillo Foundation give each year?

Castillo Foundation gave $10K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 3 grants.

What is Castillo Foundation's typical grant size?

Castillo Foundation's median grant in 2024 was $1,000, and its average grant was $1,000, across 10 grants on its 2024 IRS Form 990-PF.

Where does Castillo Foundation give grants?

Castillo Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

Does Castillo Foundation give general operating support?

Not in 2024: none of the 10 grants with a stated purpose on Castillo Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Pursue Higher Education After High School" (10 grants).

How large is Castillo Foundation?

Castillo Foundation reported $31K in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).

What does Castillo Foundation fund?

No mission statement is provided. The 2024 grants were for students pursuing higher education after high school. See mission & focus areas ↑

How do I apply for a grant from Castillo Foundation?

The 2024 filing says to contact Leila Castillo Ayachi and provide the student’s full name, address, date of birth, graduation date, college plans, educational background, extracurricular activities, statement of need,… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Castillo Foundation's EIN?

Castillo Foundation's EIN (Employer Identification Number) is 84-1680072. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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