Rita and Frank Castagna
Rita and Frank Castagna is a private foundation, based in Manhasset, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $214K in total assets. In 2024, it awarded 2 grants totaling $120K. Net investment income was $4K.
Rita and Frank Castagna at a glance
In short: Rita and Frank Castagna gave $120K across 2 grants in 2024 (avg $60K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $120,000
- -51.0% vs 2023
- Grants made (2024)
- 2
- -50.0% vs 2023
- Average grant
- $60,000
- -2.0% vs 2023
- Median grant
- $60,000
- Total assets
- $213,956
- +261.2% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Rita and Frank Castagna funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Hofstra University ($100K). Together the top 2 received $120K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 10 grants of 22 (45%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Rita and Frank Castagna gives
- Giving fell 77% from 2021 to 2024. 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $120K (2024) to $520K (2021). In 2024 it made 2 grants totaling $120K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hofstra University Hempstead, NY | To support the frank & rita castagna summer research program | $100,000 |
| UJA-Federation of New York New York, NY | To Support the Jewish Community and Local Organizations | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $213,956 | $281,562 | $126,836 | $120,000 | 2 | $124,211 | $3,937 | $9,717 |
| 2023 | $59,230 | $260,007 | $251,000 | $245,000 | 4 | $248,500 | — | $8,384 |
| 2022 | $50,223 | $429,997 | $430,424 | $420,000 | 5 | $427,924 | — | $11,871 |
| 2021 | $50,650 | $581,203 | $549,507 | $520,000 | 6 | $546,500 | $5,837 | $4,988 |
| 2020 | $18,954 | $75,420 | $223,421 | $200,000 | 5 | — | $14,896 | $2,341 |
Under IRS private-foundation payout rules, Rita and Frank Castagna reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Rita and Frank Castagna is led by Rita Castagna, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Rita Castagna
President
On filings since 2020
0.1 hrs/week
No compensation reported
Catherine Castagna Labianca
Vice President
On filings since 2020
0.1 hrs/week
No compensation reported
Robert Ronzoni
Secretary
On filings since 2020
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Rita and Frank Castagna
How much does Rita and Frank Castagna give each year?
Rita and Frank Castagna gave $120K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $245K across 4 grants.
How large is Rita and Frank Castagna?
Rita and Frank Castagna reported $214K in total assets on its 2024 IRS Form 990-PF. It paid out $124K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
Where does Rita and Frank Castagna operate?
Rita and Frank Castagna has awarded grants in New York, Ohio, Pennsylvania.
What is Rita and Frank Castagna's EIN?
Rita and Frank Castagna's EIN (Employer Identification Number) is 81-2638022. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Rita and Frank Castagna funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Rita and Frank Castagna's focus areas in our free grants database
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