Richard J Casey Foundation is a private foundation focused on Community Improvement & Capacity Building, based in RALEIGH, NC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $74K in total assets. In 2024, it awarded 1 grants totaling $3K. Net investment income was $684.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$74K
-7.3% YoY
Annual Giving
$3K
-70.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3K
-70.0% YoY
Under IRS private-foundation payout rules, Richard J Casey Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard J Casey Foundation
Based on IRS filings
Richard J Casey Foundation is a private foundation focused on Community Improvement & Capacity Building, based in RALEIGH, NC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $74K in total assets. In 2024, it awarded 1 grants totaling $3K. Net investment income was $684.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $74,168 | $79,986 | $94,235 |
| Revenue | $2,097 | $1,869 | $608 |
| Expenses | $7,915 | $16,118 | $19,738 |
| Qualifying Distributions | $6,502 | $13,443 | $16,741 |
| Net Investment Income | $684 | — | — |
| Distributable Amount | $3,779 | $4,282 | $5,109 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lady Lightning Gold ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LADY LIGHTNING GOLD MOCKSVILLE, NC | WOMEN'S ATHLETIC LEAGUE | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN CASEY | PRESIDENT | — | — |
| BROOKE DEMARCO | PROGRAM DIR | — | — |
| JOSEPH ARAGONA | DIRECTOR | — | — |
| LAWRENCE LENIHAN | DIRECTOR | — | — |
| SETH RUDNICK | DIRECTOR | — | — |
| MITCH MUMMA | DIRECTOR | — | — |
| VICTOR DEMARCO | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard J Casey Foundation?
Richard J Casey Foundation is a private foundation focused on Community Improvement & Capacity Building, based in RALEIGH, NC. It holds $74K in total assets as of 2024.
How large is Richard J Casey Foundation?
As of 2024, Richard J Casey Foundation holds $74K in total assets with $2K in annual revenue. It awarded 1 grants totaling $3K in 2024.
Where does Richard J Casey Foundation operate?
Richard J Casey Foundation has awarded grants in North Carolina, Virginia.
What size grants does Richard J Casey Foundation award?
In 2024, Richard J Casey Foundation awarded 1 grants totaling $3K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Richard J Casey Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard J Casey Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard J Casey Foundation's EIN?
Richard J Casey Foundation's EIN (Employer Identification Number) is 27-3932176. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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