Erik S Cassel Foundation
Erik S Cassel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN MATEO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 6 grants totaling $340K. Net investment income was $755K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
+6.7% YoY
Annual Giving
$340K
+4.6% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$57K
+4.6% YoY
Under IRS private-foundation payout rules, Erik S Cassel Foundation reported a distributable amount of $332K for 2024 — the minimum it must pay out in qualifying distributions.
About Erik S Cassel Foundation
Based on IRS filings
Erik S Cassel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN MATEO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 6 grants totaling $340K. Net investment income was $755K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,995,793 | $6,558,922 | $5,848,602 |
| Revenue | $778,455 | $85,469 | $184,532 |
| Expenses | $388,885 | $376,514 | $337,434 |
| Qualifying Distributions | $357,200 | $357,360 | $318,870 |
| Net Investment Income | $754,857 | $85,784 | $162,755 |
| Distributable Amount | $332,229 | $309,663 | $318,735 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bard College ($100,000), Lifemoves ($55,000), Xavier University of Louisiana ($55,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BARD COLLEGE ANNANDALEONHUDSON, NY | ACCESS & EQUITY | $100,000 |
| LIFEMOVES MENLO PARK, CA | COMMUNITY SUPPORT | $55,000 |
| IMMIGRATION INSTITUTE OF BAY AREA SAN FRANCISCO, CA | IMMIGRATION SUPPORT | $35,000 |
| RAINFOREST FOUNDATION BROOKLYN, NY | RAINFOREST PROTECTION | $40,000 |
| XAVIER UNIVERSITY OF LOUISIANA NEW ORLEANS, LA | GENERAL NEED-BASED SCHOLARSHIPS | $55,000 |
| EASTSIDE COLLEGE PREP EAST PALO ALTO, CA | GENERAL NEED-BASED SCHOLARSHIPS | $55,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REBECCA SMITH | PRESIDENT/SECRETARY | 0.05 | — |
| DANIEL CASSEL | DIRECTOR | 0.05 | — |
| KAI ROBERT CASSEL | DIRECTOR | 0.05 | — |
| DAVID CASSEL | TREASURER | 0.05 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Erik S Cassel Foundation?
Erik S Cassel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN MATEO, CA. It holds $7.0M in total assets as of 2024.
How large is Erik S Cassel Foundation?
As of 2024, Erik S Cassel Foundation holds $7.0M in total assets with $778K in annual revenue. It awarded 6 grants totaling $340K in 2024.
Where does Erik S Cassel Foundation operate?
Erik S Cassel Foundation has awarded grants in California, District of Columbia, Louisiana, New York.
What size grants does Erik S Cassel Foundation award?
In 2024, Erik S Cassel Foundation awarded 6 grants totaling $340K — an average of about $57K per grant, based on its IRS Form 990 filings.
How much is Erik S Cassel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Erik S Cassel Foundation reported a distributable amount of $332K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Erik S Cassel Foundation's EIN?
Erik S Cassel Foundation's EIN (Employer Identification Number) is 83-2127482. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Erik S Cassel 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.