Castle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 1 grants totaling $16K. Net investment income was $20K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$245K
+8.4% YoY
Annual Giving
$16K
+166.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$16K
+166.7% YoY
Under IRS private-foundation payout rules, Castle Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Castle Foundation
Based on IRS filings
Castle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 1 grants totaling $16K. Net investment income was $20K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $245,318 | $226,280 | $228,136 |
| Revenue | $21,973 | $7,316 | $3,278 |
| Expenses | $18,935 | $9,174 | $3,015 |
| Qualifying Distributions | $18,763 | $9,507 | $2,765 |
| Net Investment Income | $19,952 | $7,281 | $3,253 |
| Distributable Amount | $14,087 | $12,471 | $12,346 |
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
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Pennsylvania ($16,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA | GENERAL SUPPORT | $16,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERNESTO J MEJER | CO-TRUSTEE | 1 | — |
| H BARTON RILEY | CO-TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Castle Foundation?
Castle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. It holds $245K in total assets as of 2024.
How large is Castle Foundation?
As of 2024, Castle Foundation holds $245K in total assets with $22K in annual revenue. It awarded 1 grants totaling $16K in 2024.
Where does Castle Foundation operate?
Castle Foundation has awarded grants in Pennsylvania.
What size grants does Castle Foundation award?
In 2024, Castle Foundation awarded 1 grants totaling $16K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Castle Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Castle Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Castle Foundation's EIN?
Castle Foundation's EIN (Employer Identification Number) is 25-6693748. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Castle Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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