Kasap Foundation Inc

Foundation · Grantmaker Edgewater, MD EIN: 85-2205329

Kasap Foundation Inc is a private foundation focused on Religion Related, based in Edgewater, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $46K in total assets. In 2024, it awarded 9 grants totaling $119K.

Key facts about Kasap Foundation Inc

EIN: 85-2205329
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $119,177
Grants made (2024): 9
Average grant: $13,242
Median grant: $1,800
Total assets: $45,564
Primary geography: Florida (67% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Kasap Foundation Inc funds

By grant dollars, the top recipient states for Kasap Foundation Inc's 9 itemized 2024 grants were Florida (67%), Maryland (21%) and California (8%). 100% of grants with a stated purpose were for general or operating support.

How Kasap Foundation Inc gives

Giving held roughly steady from 2021 to 2024 (+15%). Method
In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Kasap Foundation Inc

How to evaluate Kasap Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Kasap Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$46K

-18.7% YoY

Annual Giving

$119K

+11.7% YoY

Grant Count

-60.9% YoY

Avg Grant Size

$13K

+185.4% YoY

Under IRS private-foundation payout rules, Kasap Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Kasap Foundation Inc

Based on IRS filings

Focus Areas

Religion Related

Your AI grants department

Ready to take the next step with Kasap Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $80K (67%)

Maryland $25K (21%)

California $10K (8%)

North Carolina $2K (2%)

Texas $2K (2%)

All other $467 (0%)

Share of all 9 itemized 2024 grant dollars.

States

Arizona California Colorado District of Columbia Florida Iowa Maryland North Carolina Oklahoma Oregon Pennsylvania Tennessee Texas Virginia

Cities

AnnapolisWashingtonColleyvilleOrlandoBartlesvilleCharlottePortlandAlexandriaBooneBridgevilleColorado SpringsCumberlandEdmondsManassasMemphisNashvillePhiladelphiaPhoenixSilverspringColumbia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$45,564	$56,019	$50,174
Revenue	$119,000	$116,391	$137,000
Expenses	$128,529	$110,310	$124,730
Qualifying Distributions	$119,177	$106,701	$124,590
Net Investment Income	—	—	—
Distributable Amount	$3,201	$4,219	$3,240

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

62 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Cru ($80,000), WCBC ($25,110), Turkish Connections International ($10,000).

Recipient	Purpose	Amount
CRU Orlando, FL	GENERAL	$80,000
WCBC Cumberland, MD	GENERAL	$25,110
Turkish Connections International San Pedro, CA	GENERAL	$10,000
Billy Graham Charlotte, NC	GENERAL	$1,800
ONE FOR ISRAEL Colleyville, TX	GENERAL	$1,800
Alliance Defending Freed Washington, DC	GENERAL	$192
Bible Project Portland, OR	GENERAL	$180
The Navigators Colorado Springs, CO	GENERAL	$50
American Bible Society Philadelphia, PA	GENERAL	$45

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
A Matt Kasap	Director	8	—
Deborah Ann Givens Kasap	Director	8	—

Subject Areas

Focus areas based on grantmaking activity

Religion Related

Frequently Asked Questions

What is Kasap Foundation Inc?

Kasap Foundation Inc is a private foundation focused on Religion Related, based in Edgewater, MD. It holds $46K in total assets as of 2024.

How large is Kasap Foundation Inc?

As of 2024, Kasap Foundation Inc holds $46K in total assets with $119K in annual revenue. It awarded 9 grants totaling $119K in 2024.

Where does Kasap Foundation Inc operate?

Kasap Foundation Inc has awarded grants in Arizona, California, Colorado, District of Columbia, Florida, Iowa, Maryland, North Carolina, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia.

What size grants does Kasap Foundation Inc award?

In 2024, Kasap Foundation Inc awarded 9 grants totaling $119K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Kasap Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kasap Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.