Ross and Carol Y Castro Foundation
The Ross and Carol Y Castro Foundation is a private foundation based in San Jose, California. Its 2025 filing reports 11 grants totaling $19,250 to charitable organizations, with grants supporting activities that include heritage, media, food assistance, education, health care, and services for seniors.
Key facts about Ross and Carol Y Castro Foundation
In short: Ross and Carol Y Castro Foundation gave $19K across 11 grants in 2025 (avg $2K), mostly in California. 9% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 48-1275020
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $19,250
- Grants made (2025)
- 11
- Average grant
- $1,750
- Median grant
- $1,000
- New grantees (estimate)
- 9% first-time grantees (1 of 11, 2025; small sample)
- Total assets
- $337,052
- Primary geography
- California (90% of itemized 2025 grant dollars)
- 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. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$337K
+0.9% YoY
Annual Giving
$19K
-10.6% YoY
Grant Count
11
+37.5% YoY
Avg Grant Size
$2K
-35.0% YoY
Under IRS private-foundation payout rules, Ross and Carol Y Castro Foundation reported a distributable amount of $27K for 2025 — the minimum it must pay out in qualifying distributions.
Is Ross and Carol Y Castro Foundation open to new grantees?
9%
first-time grantees, 2025
In 2025, 1 of 11 grantees (9%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $1K; repeat grants $2K. How we count
Medians: $1K first-time, $2K repeat.
- 73% of 2025 grantees were also funded in 2024. Method
- Giving grew 121% from 2022 to 2025. Method
- In 2025 it paid out 71% 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.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations serving different purposes. KQED describes its mission as serving Northern California with community-supported media, convening community dialogue, bringing the arts to everyone, and helping students and teachers thrive. San Jose Day Nursery describes its mission as promoting child excellence through early care and education, parent engagement, and community partnerships. The foundation’s listed grant purposes also include promoting Sicilian heritage, providing food to people in need, and supporting caregivers in pediatric care.
Grantmaking
In filing year 2025, the foundation gave 11 grants totaling $19,250. Grant amounts ranged from $250 to $6,000, with a median grant of $1,000.
Notable 2025 grants included $6,000 to The Sicilian Sisterhood; $2,000 each to KQED, Second Harvest Food Bank, the Salvation Army, and the Aiuto Foundation; and $1,000 each to Lucile Packard Foundation for Children, San Jose Day Nursery, Heart of the Valley, Stanford University, and Hospice of the Valley. Terraces of Los Gatos – Resident received $250.
How to Apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with Ross and Carol Y Castro Foundation?
Geographic Focus
Where this funder awards grants
In 2025, 90% of grant dollars went to recipients in California and 10% to recipients in Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $3K (2019) to $48K (2023). In 2025 it made 11 grants totaling $19K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Sicilian Sisterhood ($6K). Together the top 10 received $19K.
Grant Size Distribution
53 grants across all recorded years
The most common grant size was under $50K: 53 grants of 53 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Sicilian Sisterhood San Jose, CA | To Promote Sicilian Heritage | $6,000 |
| Kqed San Francisco, CA | To Enrich Minds and Inspire Lives | $2,000 |
| Second Harvest Food Bank San Jose, CA | To Provide Food to Those in Need | $2,000 |
| Salvation Army Alexandria, VA | Meet Human Needs Wherever, Whenever | $2,000 |
| Aiuto Foundation San Jose, CA | To Share Heritage with the Youth | $2,000 |
| Lucilepackard Foundation for Child Palo Alto, CA | Help Caregivers Give Pediatric Care | $1,000 |
| San Jose Day Nursery San Jose, CA | To Provide Fundamental Learning for | $1,000 |
| Heart of the Valley Santa Clara, CA | To Support Seniors Independent Life | $1,000 |
| Stanford University Stanford, CA | To Support Student and Community | $1,000 |
| Hospice of the Valley San Jose, CA | Programs for Serious Illness | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $337,052 | $27,018 | $24,029 | $19,250 | 11 |
| 2024 | $334,063 | $27,318 | $27,239 | $21,530 | 8 |
| 2023 | $323,984 | $16,763 | $52,724 | $47,850 | 16 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $337,052 | $334,063 | $323,984 |
| Revenue | $27,018 | $27,318 | $16,763 |
| Expenses | $24,029 | $27,239 | $52,724 |
| Qualifying Distributions | $19,250 | $21,530 | $47,850 |
| Net Investment Income | $26,369 | $7,913 | $25,515 |
| Distributable Amount | $27,164 | $25,732 | $20,587 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 4, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 29, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Carol Castro as president, Linda Graham as treasurer, and Jennifer Reulman as secretary.
Ross and Carol Y Castro Foundation is led by Carol Castro, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carol Castro
President
On filings since 2019
No compensation reported
Jennifer Reulman
Secretary
On filings since 2019
No compensation reported
Linda Graham
Treasurer
On filings since 2019
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.
Contact
Mailing address: 2282 Cottle Ave, San Jose, CA 95125
Phone: (408) 228-7860
Frequently asked questions about Ross and Carol Y Castro Foundation
How much does Ross and Carol Y Castro Foundation give each year?
Ross and Carol Y Castro Foundation gave $19K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $22K across 8 grants.
What is Ross and Carol Y Castro Foundation's typical grant size?
Ross and Carol Y Castro Foundation's median grant in 2025 was $1,000, and its average grant was $1,750, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Ross and Carol Y Castro Foundation that year got $1K on average.
Where does Ross and Carol Y Castro Foundation give grants?
Ross and Carol Y Castro Foundation gives mostly in California: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Virginia (10%). The most frequent recipient cities were San Jose, CA (5 grants).
Does Ross and Carol Y Castro Foundation give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on Ross and Carol Y Castro Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Ross and Carol Y Castro Foundation's largest grantees?
Ross and Carol Y Castro Foundation's largest 2025 grantees include The Sicilian Sisterhood ($6,000), Kqed ($2,000) and Second Harvest Food Bank ($2,000), according to its 2025 IRS Form 990-PF. Together they received 52% of its itemized 2025 grant dollars.
How large is Ross and Carol Y Castro Foundation?
Ross and Carol Y Castro Foundation reported $337K in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $27K (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 Ross and Carol Y Castro Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations serving different purposes. See mission & focus areas ↑
How do I apply for a grant from Ross and Carol Y Castro 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 Ross and Carol Y Castro Foundation's EIN?
Ross and Carol Y Castro Foundation's EIN (Employer Identification Number) is 48-1275020. IRS Form 990 filing data is available on this page for 2019–2025.
Does Ross and Carol Y Castro 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 October 2026.
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