Kate Cassidy Foundation
The Kate Cassidy Foundation is a private foundation based in Purchase, New York. Its 2025 filing reports grants to charitable organizations including major cultural institutions, public media organizations, and community organizations in New York.
Kate Cassidy Foundation at a glance
In short: Kate Cassidy Foundation gave $5.2M across 62 grants in 2025 (avg $84K), mostly in New York. 5% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $5,216,148
- +21.1% vs 2024
- Grants made (2025)
- 62
- +1.6% vs 2024
- Average grant
- $84,131
- +19.2% vs 2024
- Median grant
- $15,000
- Total assets
- $93,808,493
- +10.3% vs 2024
- New grantees (estimate)
- 5% first-time grantees (3 of 62, 2025)
- Primary geography
- New York (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Kate Cassidy Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Co Cng 3 Manhattanville Road 301, Purchase, NY 10577
Phone: (914) 696-9000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Kate Cassidy Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Museum of Modern Art ($1.6M). Together the top 10 received $4.3M.
Grant Size Distribution
307 grants across all recorded years
The most common grant size was under $50K: 253 grants of 307 (82%).
Geographic Focus
Where this funder awards grants
In 2025, 97% of grant dollars went to recipients in New York and 2% to recipients in Washington, D.C. The filing also lists shares of 0% for Illinois, Virginia, and Connecticut.
Grant Distribution by State
Share of 2025 grant dollars across all 62 itemized grants.
States
Cities
Is Kate Cassidy Foundation open to new grantees?
5%
first-time grantees, 2025
In 2025, 3 of 62 grantees (5%) were first-time recipients. First grants averaged $17K; repeat grants $88K. How we count
Medians: $15K first-time, $15K repeat.
- 95% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+18%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $3.3M (2020) to $5.2M (2025). In 2025 it made 62 grants totaling $5.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Museum of Modern Art New York, NY | General Support | $1,650,000 |
| The Metropolitan Museum of Art New York, NY | General Support | $750,000 |
| Wnet New York, NY | General Support | $750,000 |
| Guggenheim Museum New York, NY | General Support | $400,000 |
| Jewish Communal Fund New York, NY | General Support | $200,000 |
| American Museum of Natural History New York, NY | General Support | $150,000 |
| Project Most Inc East Hampton, NY | General Support | $105,000 |
| Amber Waves Farm Amagansett, NY | General Support | $100,000 |
| Feeding America Washington, DC | General Support | $100,000 |
| Surfrider Foundation-Eastern Long Island Chapter Amagansett, NY | General Support | $70,000 |
Ready to take the next step with Kate Cassidy Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $93,808,493 | $15,380,765 | $6,654,598 | $5,216,148 | 62 | $5,221,873 | $14,233,061 | $5,457,270 |
| 2024 | $85,082,326 | $20,921,644 | $5,714,886 | $4,306,000 | 61 | $4,311,525 | $19,704,510 | $5,235,191 |
| 2023 | $69,875,568 | $3,480,552 | $4,869,873 | $4,026,500 | 63 | $4,036,180 | $2,676,814 | $4,373,260 |
| 2022 | $71,234,889 | $1,753,653 | $5,164,027 | $4,416,000 | 62 | $4,392,525 | $1,003,975 | $4,010,622 |
| 2021 | $74,645,263 | $14,279,619 | $4,480,483 | $3,426,500 | 59 | $3,432,447 | $13,471,583 | $4,342,597 |
| 2020 | $64,846,127 | $5,831,272 | $3,914,572 | $3,291,000 | 52 | — | $5,214,232 | $3,399,937 |
| 2019 | $62,929,427 | $15,063,684 | $4,280,667 | $3,472,000 | 48 | — | $14,403,818 | $3,339,844 |
Under IRS private-foundation payout rules, Kate Cassidy Foundation reported a distributable amount of $5.5M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s own mission is not stated in the available information. Its 2025 grants include general support for museums and public media, along with support for food assistance, education, and community programs. For example, WNET describes its mission as delivering lifelong learning and meaningful experiences; Project MOST says it provides academic support, enrichment, and a positive social environment for children and families. Several food organizations describe work to alleviate hunger or improve food security on Long Island.
Grantmaking
In 2025, the foundation made 62 grants totaling $5,216,148. Grants ranged from $1,000 to $1,650,000, with a median grant of $15,000. The largest grants included $1,650,000 to The Museum of Modern Art, $750,000 each to The Metropolitan Museum of Art and WNET, and $400,000 to the Guggenheim Museum; each was listed for general support. Other notable grants included $150,000 to the American Museum of Natural History, $105,000 to Project MOST, and $100,000 each to Amber Waves Farm and Feeding America.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Kate W. Cassidy as president, Steven M. Eigen as treasurer, and Howard R. Herman as secretary.
Kate Cassidy Foundation is led by Kate W. Cassidy, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kate W. Cassidy
President
On filings since 2019
1 hr/week
No compensation reported
Howard R. Herman
Secretary
On filings since 2019
1 hr/week
No compensation reported
Steven M. Eigen
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Kate Cassidy Foundation
How much does Kate Cassidy Foundation give each year?
Kate Cassidy Foundation gave $5.2M across 62 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.3M across 61 grants.
What is Kate Cassidy Foundation's typical grant size?
Kate Cassidy Foundation's median grant in 2025 was $15,000, and its average grant was $84,131, across 62 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Kate Cassidy Foundation that year got $17K on average.
Where does Kate Cassidy Foundation give grants?
Kate Cassidy Foundation gives mostly in New York: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (18 grants), East Hampton, NY (15 grants), Washington, DC (3 grants) and Amagansett, NY (2 grants).
Does Kate Cassidy Foundation give general operating support?
Yes: 100% of Kate Cassidy Foundation's 2025 grants with a stated purpose (62 of 62) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Kate Cassidy Foundation's largest grantees?
Kate Cassidy Foundation's largest 2025 grantees include The Museum of Modern Art ($1,650,000), The Metropolitan Museum of Art ($750,000) and Wnet ($750,000), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.
How large is Kate Cassidy Foundation?
Kate Cassidy Foundation reported $93.8M in total assets on its 2025 IRS Form 990-PF. It paid out $5.2M in qualifying distributions that year, against a required minimum of $5.5M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Kate Cassidy Foundation fund?
The foundation’s own mission is not stated in the available information. Its 2025 grants include general support for museums and public media, along with support for food assistance, education, and community programs. See mission & focus areas ↑
How do I apply for a grant from Kate Cassidy Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Does Kate Cassidy Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 29, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
Explore Open Grants
Browse active grant opportunities in Kate Cassidy Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Kate Cassidy Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/kate-cassidy-foundation-morg_177f970235f34995aa31c4cdbceced50
BibTeX
@misc{grantable_611715303_2026,
author = {{Grantable}},
title = {{Kate Cassidy Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/kate-cassidy-foundation-morg_177f970235f34995aa31c4cdbceced50},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Kate Cassidy Foundation'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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