Kate Cassidy Foundation

PURCHASE, NY EIN: 61-1715303

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

12states
+4 more states

Cities

AmagansettArlingtonBethpageBriarcliff ManorBridgehamptonChicagoCortlandtCotatiEast HamptonEat HamptonFairview HeightsFrankfortGreenportHartfordHauppaugeHuntingtonJacksonvilleJupiterKansas CityLindenhurst

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$17M$23M20202021202220232024
Metric202420232022
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

$0$1M$2M$3M$4M52 grants202059 grants202162 grants202263 grants202361 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GUGGENHEIM MUSEUM$400KAMERICAN MUSEUM OF NATUR…$325KJEWISH COMMUNAL FUND$250KPROJECT MOST INC$105KLONG ISLAND CARES$100KSPRINGS FOOD PANTRY$70KSURFRIDER FOUNDATION-EAS…$70KAMBER WAVES FARM$65KISLAND HARVEST$50KEAST HAMPTON FOOD PANTRY$45K

Grant Size Distribution

250 grants across all recorded years

211<$50K12$50–100K11$100–250K8$250–500K6$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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

NameTitleHoursCompensation
KATE W CASSIDYPRESIDENT1
STEVEN M EIGENTREASURER1
HOWARD R HERMANSECRETARY1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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