Castro Family Foundation

BOCA RATON, FL EIN: 65-0960723

Castro Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.1M in total assets. In 2024, it awarded 2 grants totaling $473K. Net investment income was $615K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.1M

-0.7% YoY

Annual Giving

$473K

+9361.1% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$237K

+4630.6% YoY

About Castro Family Foundation

Based on IRS filings

Castro Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.1M in total assets. In 2024, it awarded 2 grants totaling $473K. Net investment income was $615K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Boca RatonChanhassenCoconut CreekLake WorthRochester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$14M20202021202220232024
Metric202420232022
Total Assets$16,100,694$16,206,808$15,972,519
Revenue$646,621$677,760$-95,635
Expenses$752,735$443,471$252,762
Qualifying Distributions$512,273$470,635$557,436
Net Investment Income$614,679$510,913$294,358
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$118K$237K$355K$473K3 grants20202 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

(7) MOBILITY VANS PURCHA…$468KMount Olivet Rolling Acres$5K

Grant Size Distribution

9 grants across all recorded years

7<$50K1$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include (7) Mobility Vans Purchased on Behalf of Grantees ($468,055), Mount Olivet Rolling Acres ($5,000).

RecipientPurposeAmount
Mount Olivet Rolling Acres Chanhassen, MNFor Social Welfare$5,000
(7) MOBILITY VANS PURCHASED ON BEHALF OF GRANTEES BOCA RATON, FLMOBILITY VANS PURCHASED ON BEHALF OF RECIPIENTS.$468,055

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
John W CastroPresident / Treasurer30
Linnea J CastroVice President / Secretary0.5
Lisa GutzmerAssistant Secretary0.5
Joseph J CastroDirector0.5
Kelly C CastroDirector0.5
Ryan D GutzmerDirector0.5
Brian J CastroDirector0.5
Chandra J CastroDirector0.5
Alexandra N CastroDirector0.5
Kevin P GendronDirector0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Castro Family Foundation?

Castro Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $16.1M in total assets as of 2024.

How large is Castro Family Foundation?

As of 2024, Castro Family Foundation holds $16.1M in total assets with $647K in annual revenue. It awarded 2 grants totaling $473K in 2024.

Where does Castro Family Foundation operate?

Castro Family Foundation has awarded grants in Florida, Minnesota.

What size grants does Castro Family Foundation award?

In 2024, Castro Family Foundation awarded 2 grants totaling $473K — an average of about $237K per grant, based on its IRS Form 990 filings.

What is Castro Family Foundation's EIN?

Castro Family Foundation's EIN (Employer Identification Number) is 65-0960723. 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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