Karen Cassidy Foundation Inc
Karen Cassidy Foundation Inc is a private foundation, based in White House Station, NJ. IRS filing data is available from 2019 through 2020. In 2020, it awarded 2 grants totaling $12K. Net investment income was $247.
Key facts about Karen Cassidy Foundation Inc
In short: Karen Cassidy Foundation Inc gave $12K across 2 grants in 2020 (avg $6K), mostly in New Jersey. Source: 2020 IRS Form 990-PF.
- EIN
- 20-8082290
- Latest 990 filing
- Form 990-PF, 2020
- Annual giving (2020)
- $11,711
- Grants made (2020)
- 2
- Average grant
- $5,856
- Median grant
- $5,856
- Primary geography
- New Jersey (100% of itemized 2020 grant dollars)
Data from IRS Form 990-PF, 2020; updated September 2026.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$12K
+1071.1% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$6K
+485.6% YoY
Under IRS private-foundation payout rules, Karen Cassidy Foundation Inc reported a distributable amount of $512 for 2020 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2020 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2020, annual grant giving ranged from $1K (2019) to $12K (2020). In 2020 it made 2 grants totaling $12K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2020
The largest 2020 recipient was The Center for Great Expectations ($10K). Together the top 2 received $12K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Center for Great Expectations Somerset, NJ | To Further the Cause for That Specific Charity | $9,913 |
| Cindy Home for Hearts of Watchung Watchung, NJ | To Further the Cause for That Specific Charity | $1,798 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 | 2019 |
|---|---|---|
| Total Assets | — | $11,643 |
| Revenue | $704 | $339 |
| Expenses | $13,649 | $1,887 |
| Net Investment Income | $247 | $333 |
| Distributable Amount | $512 | $532 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 1, 2020)
- IRS filings on file for fiscal year 2020
Leadership & Key People
Officers and directors from IRS filings
Karen Cassidy Foundation Inc's 2020 filing lists 3 officers; none of the 3 officers listed in 2020 report compensation.
Officers on the 2020 filing
Alexandra L. Medina
Director
On filings since 2019
No compensation reported
John Alan Cassidy
Director
On filings since 2019
No compensation reported
Karen A. Cassidy
Director
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2020. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Karen Cassidy Foundation Inc
How much does Karen Cassidy Foundation Inc give each year?
Karen Cassidy Foundation Inc gave $12K across 2 grants in 2020, according to its 2020 IRS Form 990-PF. In 2019 it gave $1K across 1 grant.
Where does Karen Cassidy Foundation Inc operate?
Karen Cassidy Foundation Inc has awarded grants in New Jersey.
How much is Karen Cassidy Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, Karen Cassidy Foundation Inc reported a distributable amount of $512 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karen Cassidy Foundation Inc's EIN?
Karen Cassidy Foundation Inc's EIN (Employer Identification Number) is 20-8082290. IRS Form 990 filing data is available on this page for 2019–2020.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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