Rita and Frank Castagna
Rita and Frank Castagna is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Key facts about Rita and Frank Castagna
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.
- EIN
- 81-2638022
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $120,000
- Grants made (2024)
- 2
- Average grant
- $60,000
- Median grant
- $60,000
- Total assets
- $213,956
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$214K
+261.2% YoY
Annual Giving
$120K
-51.0% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$60K
-2.0% YoY
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.
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.
Ready to take the next step with Rita and Frank Castagna?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $213,956 | $59,230 | $50,223 |
| Revenue | $281,562 | $260,007 | $429,997 |
| Expenses | $126,836 | $251,000 | $430,424 |
| Qualifying Distributions | $124,211 | $248,500 | $427,924 |
| Net Investment Income | $3,937 | — | — |
| Distributable Amount | $9,717 | $8,384 | $11,871 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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).
What is Rita and Frank Castagna?
Rita and Frank Castagna is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Manhasset, NY. It holds $214K in total assets as of 2024.
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.
Here's the math on researching Rita and Frank Castagna by hand.
Explore Open Grants
Browse active grant opportunities in Rita and Frank Castagna's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
WC and JC O'Neil Charitable Tr
Wilmington, DE
In 2025, the foundation gave $385,186 in general support through one grant to a recipient in Delaware; its giving is limited to preselected charitable organizations. It does not accept unsolicited requests.
Assets
$11.7M
Grants
1
Total Given
$385K
The Sandra and Howard Tytel Family
Mill Neck, NY
Assets
$50K
Grants
5
Total Given
$17K
Long Island Real Estate Group Inc
Melville, NY
The long island real estate group unites real estate developers, owners, and allied trades to proactively enhance and maintain the quality of the real estate industry. We foster camaraderie, encourage fellowship, advance the economic interests of our members, and provide voluntary and mutual assistance, ensuring a strong and collaborative professional community.
Assets
$355K
Grants
7
Total Given
$165K
James P & Ruth C Gillroy
White Plains, NY
Assets
$1.3M
Grants
1
Total Given
$85K
The Bahnik Foundation Inc
Oyster Bay, NY
The Bahnik Foundation supports schools, health and research organizations, community groups, and other charities, with nearly all funding going to New York. Its 2026 grants ranged from $500 to $1.29 million, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$88.2M
Grants
87
Total Given
$4.7M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
$16.6M
Grants
65
Total Given
$7.2M
Robert David Lion Gardiner
Riverhead, NY
The foundation funds nonprofit projects preserving and sharing Long Island history, including collections care, exhibitions, education, public programs, and historic restoration, with particular emphasis on Islip and Suffolk County. Its 2025 grants ranged from $1,152 to $500,000, with a median of $10,000. It requires applicants to contact the office before applying; unsolicited applications without prior discussion and site visits are not considered.
Assets
$122.7M
Grants
85
Total Given
$4.3M
William Randolph Hearst Foundation
New York, NY
The William Randolph Hearst Foundation funds established U.S. nonprofits in culture, education, health, and social services, with an emphasis on broad reach, strong results, and sustainable programs. In 2024, grants ranged from $1,000 to $2 million, with a median of $100,000. It accepts applications through its grants portal and does not restrict giving to preselected organizations.
Assets
$942.7M
Grants
264
Total Given
$34.9M
High Five Foundation II
Woodmere, NY
The foundation supports a range of charitable organizations, including educational, Jewish community, cultural, and other groups, with most funding going to New York and New Hampshire. In 2025, it awarded 116 grants totaling $395,645; grants ranged from $75 to $62,500, with a median of $500. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$6.9M
Grants
116
Total Given
$396K
Mother Cabrini Health Foundation Inc
New York, NY
The foundation funds healthcare access, basic needs, workforce development, mental and behavioral health, and other projects improving the health of vulnerable people and priority populations across New York State. Its 2024 grants had a median of $200,000, with awards ranging from $100 to $4.2 million. It accepts requests through a letter-of-inquiry process, but the 2026 application period is closed.
Assets
$3.9B
Grants
601
Total Given
$172.6M
American Chemical Society
Washington, DC
The American Chemical Society funds chemical sciences research, education, students, educators, and chemistry-related projects, with grants to organizations across the United States and, through the Petroleum Research Fund, eligible institutions abroad. Its 2024 grants ranged from $5,200 to $504,691, with a median of $31,252; specific programs offer awards from up to $3,500 to $80,000. The profile does not state whether ACS accepts unsolicited requests.
Assets
$2.2B
Grants
341
Total Given
$22.4M
More Funders in New York
Rita and Frank Castagna down — hundreds of funders to go?