Karen Cassidy Foundation Inc

Private foundation · Grantmaker White House Station, NJ EIN: 20-8082290

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.

Karen Cassidy Foundation Inc at a glance

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.

Annual giving (2020)
$11,711
+1071.1% vs 2019
Grants made (2020)
2
+100.0% vs 2019
Average grant
$5,856
+485.6% vs 2019
Median grant
$5,856
Primary geography
New Jersey (100% of itemized 2020 grant dollars)
Latest 990 filing
Form 990-PF, 2020 View filing

Data from IRS Form 990-PF, 2020; updated September 2026.

Who Karen Cassidy Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2020

The Center for Great Expectations: $10KThe Center for GreatExpectations$10KCindy Home for Hearts of Watchung: $2KCindy Home for Hearts ofWatchung$2K

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

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2020 grant dollars across all 2 itemized grants.

States

Cities

WatchungSomerset

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2019 2 grants2020

From 2019 to 2020, annual grant giving ranged from $1K (2019) to $12K (2020). In 2020 it made 2 grants totaling $12K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Center for Great Expectations Somerset, NJTo Further the Cause for That Specific Charity$9,913
Cindy Home for Hearts of Watchung Watchung, NJTo Further the Cause for That Specific Charity$1,798
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment IncomeDistributable Amount
2020—$704$13,649$11,7112$247$512
2019$11,643$339$1,887$1,0001$333$532

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.

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.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 1, 2020)
  2. IRS filings on file for fiscal year 2020

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Karen Cassidy Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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