Kate Cassidy Foundation
The Kate Cassidy Foundation is a private independent foundation established in September 2013, based in Purchase, New York. As a 501(c)(3) organization, the foundation operates as a traditional private foundation making contributions exclusively to preselected charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$85.1M
+21.8% YoY
Annual Giving
$4.3M
+6.9% YoY
Grant Count
61
-3.2% YoY
Avg Grant Size
$71K
+10.4% YoY
Under IRS private-foundation payout rules, Kate Cassidy Foundation reported a distributable amount of $5.2M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not specify particular subject areas of focus in its public documents. However, grant-making patterns reveal strong support for:
- Major cultural institutions, particularly museums and public broadcasting
- Environmental organizations
- Community services
- Educational programs
- Jewish philanthropy (including support through the Jewish Communal Fund)
Grantmaking
The foundation does not accept unsolicited applications. All grants are made at the discretion of the trustees to preselected organizations on an invitation-only basis.
Grant Range
$1,000 to $1,000,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
National focus with emphasis on New York. The foundation has funded projects across multiple states including California, Connecticut, Florida, Illinois, Kentucky, Massachusetts, New York, Tennessee, Virginia, and Washington, D.C.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $85,082,326
- Total revenues: $20,921,644
- Total expenses: $5,714,886
- Total liabilities: $0
- Investment income and dividends: $2,624,309
- Net gain from sale of non-inventory assets: $18,285,398
Staffing: The foundation operates with 0 employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $85,082,326 | $69,875,568 | $71,234,889 |
| Revenue | $20,921,644 | $3,480,552 | $1,753,653 |
| Expenses | $5,714,886 | $4,869,873 | $5,164,027 |
| Qualifying Distributions | $4,311,525 | $4,036,180 | $4,392,525 |
| Net Investment Income | $19,704,510 | $2,676,814 | $1,003,975 |
| Distributable Amount | $5,235,191 | $4,373,260 | $4,010,622 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Guggenheim Museum ($400,000), American Museum of Natural History ($325,000), Jewish Communal Fund ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 92ND STREET Y NEW YORK, NY | GENERAL SUPPORT | $25,000 |
| AMBER WAVES FARM AMAGANSETT, NY | GENERAL SUPPORT | $65,000 |
| AMERICAN RED CROSS EAST HAMPTON, NY | GENERAL SUPPORT | $25,000 |
| AMERICAN MUSEUM OF NATURAL HISTORY NEW YORK, NY | GENERAL SUPPORT | $325,000 |
| CENTRAL PARK CONSERVANCY NEW YORK, NY | GENERAL SUPPORT | $10,000 |
| COMMUNITY ACTION SOUTHHOLD TOWN INC SOUTHOLD, NY | GENERAL SUPPORT | $30,000 |
| CONNECTICUT PUBLIC RADIO HARTFORD, CT | GENERAL SUPPORT | $10,000 |
| EAST END HOSPICE WESTHAMPTON BEACH, NY | GENERAL SUPPORT | $10,000 |
| EAST HAMPTON EDUCATION FOUNDATION INC EAST HAMPTON, NY | GENERAL SUPPORT | $30,000 |
| EAST HAMPTON FOOD PANTRY EAST HAMPTON, NY | GENERAL SUPPORT | $45,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Kate W. Cassidy – President
- Steven M. Eigen – Treasurer
- Howard R. Herman – Secretary
All three officers serve on a voluntary basis without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATE W CASSIDY | PRESIDENT | 1 | — |
| STEVEN M EIGEN | TREASURER | 1 | — |
| HOWARD R HERMAN | SECRETARY | 1 | — |
Frequently Asked Questions
What does Kate Cassidy Foundation fund?
The foundation does not specify particular subject areas of focus in its public documents. However, grant-making patterns reveal strong support for: • Major cultural institutions, particularly museums and public broadcasting • Environmental organizations • Community services • Educational programs • Jewish philanthropy (including support through the Jewish Communal Fund)
How do I apply for a grant from Kate Cassidy Foundation?
**Grant Activity:** • Annual giving: $4.3 million (2024) • Total grants made: 64 grants in 2024 • Grant range: $1,000 to $1,000,000 • Median grant: $20,000 **Recent Notable Grants (2024):** • Museum of Modern Art: $1,000,000 • WNET: $750,000 • American Museum of Natural History: $325,000 **Application Process:** The foundation does not accept unsolicited applications. All grants are made at the discretion of the trustees to preselected organizations on an invitation-only basis.
Where does Kate Cassidy Foundation make grants?
National focus with emphasis on New York. The foundation has funded projects across multiple states including California, Connecticut, Florida, Illinois, Kentucky, Massachusetts, New York, Tennessee, Virginia, and Washington, D.C.
What size grants does Kate Cassidy Foundation award?
In 2024, Kate Cassidy Foundation awarded 61 grants totaling $4.3M — an average of about $71K per grant, based on its IRS Form 990 filings.
How much is Kate Cassidy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kate Cassidy Foundation reported a distributable amount of $5.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kate Cassidy Foundation's EIN?
Kate Cassidy Foundation's EIN (Employer Identification Number) is 61-1715303. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Kate Cassidy Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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