The Cashion Foundation

Private foundation · Grantmaker Newport Beach, CA EIN: 33-0912616

The Cashion Foundation is a private foundation based in Newport Beach, California. Its 2024 grants supported organizations including churches and Christian ministries, a public library, health and recovery services, education, and other charitable programs.

The Cashion Foundation at a glance

In short: The Cashion Foundation gave $110K across 41 grants in 2024 (avg $3K), mostly in California. 45% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$110,000
+14.0% vs 2023
Grants made (2024)
41
+41.4% vs 2023
Average grant
$2,683
-19.4% vs 2023
Median grant
$2,500
Total assets
$2,235,551
+35.6% vs 2023
New grantees (estimate)
45% first-time grantees (18 of 40, 2024)
Primary geography
California (75% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Cashion Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 52 Beacon Bay, Newport Beach, CA 92660
Phone: (949) 466-9170

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Cashion Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Prager University: $10KPrager University$10KNortheast of the Well: $7KNortheast of the Well$7KCity of Hope: $7KCity of Hope$7KBread Church: $5KBread Church$5KNewport Beach Library Foundation: $5KNewport Beach LibraryFoundation$5KMaverick River Collective: $5KMaverick River Collective$5KHeal Ministries: $5KHeal Ministries$5KNetwork of Evangelical Women in Min: $4KNetwork of Evangelical Womenin Min$4KAugie's Quest: $4KAugie's Quest$4KMariners Church: $4KMariners Church$4K

The largest 2024 recipient was Prager University ($10K). Together the top 10 received $55K.

Grant Size Distribution

164 grants across all recorded years

164<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 164 grants of 164 (100%).

Geographic Focus

Where this funder awards grants

In 2024, California organizations received 75% of grant dollars. Other recipient states included Colorado (8%), Tennessee (4%), Florida (4%), and New York (3%).

Grant Distribution by State

20states

Share of 2024 grant dollars across all 41 itemized grants.

Cities

IrvineCosta MesaSanta AnaNewport BeachBalboa IslandDenverDurateLos AngelesChicagoNashvilleOrlandoCoronaSanta MonicaSherman OaksTemeculaTustinMission ViejoMountlake TerraceOrangePalmetto

Is The Cashion Foundation open to new grantees?

45%

first-time grantees, 2024

In 2024, 18 of 40 grantees (45%) were first-time recipients. First grants averaged $2K; repeat grants $3K. How we count

Medians: $2K first-time, $3K repeat.

  • 40% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+4%). Method
  • In 2024 it paid out 135% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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

$0$50K$100K$150K35 grants2020 34 grants2021 25 grants2022 29 grants2023 41 grants2024

From 2020 to 2024, annual grant giving ranged from $92K (2020) to $110K (2024). In 2024 it made 41 grants totaling $110K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Prager University Sherman Oaks, CACultural Awareness Teaching and Resources$10,000
Northeast of the Well Santa Ana, CAChristian Based Support Programs for Persons in Recovery$6,800
City of Hope Durate, CAMaking a difference in peoples lives with cancer, diabetes and other serious illnesses$6,800
Bread Church Los Angeles, CAChurch Programs$5,000
Newport Beach Library Foundation Newport Beach, CASupport of Public Library$5,000
Maverick River Collective Irvine, CAEnvironments for Ment to Engage with the Church.$5,000
Heal Ministries Nashville, TNEmpower vulnerable, abandoned women and children in christ centered programs.$4,500
Network of Evangelical Women in Min Rocklin, CARetreats for Personal Growth and Ministry.$4,400
Augie's Quest Denver, COGeneral$4,000
Mariners Church Irvine, CAChurch Programs; Children's Ministries$3,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$2,235,551$717,015$130,706$110,00041$110,000$717,015$81,761
2023$1,649,242$5,660$114,270$96,50029$96,500$46,251$87,654
2022$1,757,852$-16,692$126,937$96,50025$96,500$14,236$78,515
2021$1,901,481$814,549$124,285$105,50034$105,500$795,854$66,900
2020$1,211,217$68,263$106,875$92,00035—$53,419$83,643

Under IRS private-foundation payout rules, The Cashion Foundation reported a distributable amount of $82K for 2024 — 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 2024 grants show support for a range of organizations and purposes. For example, Northeast of the Well describes serving people through recovery programs, transitional homes, safe houses, jails, community gatherings, and workforce preparation. City of Hope says its mission is to make hope a reality for people touched by cancer and diabetes. Mariners Christian School describes its mission as providing Christ-centered education, while Think Together says it partners with schools to support the academic performance of underserved students.

Grantmaking

In 2024, the foundation made 41 grants totaling $110,000. Awards ranged from $500 to $10,000, with a median grant of $2,500. Larger grants included $10,000 to Prager University for cultural-awareness teaching and resources; $6,800 each to Northeast of the Well for Christian-based support programs for people in recovery and to City of Hope; and $5,000 each to Bread Church, Newport Beach Library Foundation, and Maverick River Collective.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists John L. Cashion, Marcia A. Cashion, and Lisa C. Jones as directors; Allen L. Cashion as CEO; Leslie N. Montgomery as secretary; and Jeff Jones as CFO.

The Cashion Foundation is led by Allen L. Cashion, CEO since 2022 (on filings since 2020); none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Allen L. Cashion

    CEO

    Treasurer → CEO, 2022

    On filings since 2020

    No compensation reported

  • John L. Cashion

    Director

    President & CEO → Director, 2022

    On filings since 2020

    No compensation reported

  • Lisa C. Jones

    Director

    Secretary → Director, 2022

    On filings since 2020

    No compensation reported

  • Marcia A. Cashion

    Director

    On filings since 2020

    No compensation reported

  • Leslie N. Montgomery

    Secretary

    Director → Secretary, 2022

    On filings since 2020

    No compensation reported

  • Jeff Jones

    CFO

    On filings since 2022

    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 The Cashion Foundation

How much does The Cashion Foundation give each year?

The Cashion Foundation gave $110K across 41 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $97K across 29 grants.

What is The Cashion Foundation's typical grant size?

The Cashion Foundation's median grant in 2024 was $2,500, and its average grant was $2,683, across 41 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Cashion Foundation that year got $2K on average.

Where does The Cashion Foundation give grants?

The Cashion Foundation gives mostly in California: 75% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Colorado (8%). The most frequent recipient cities were Irvine, CA (7 grants), Newport Beach, CA (3 grants), Santa Ana, CA (3 grants) and Costa Mesa, CA (3 grants).

Does The Cashion Foundation give general operating support?

Occasionally: 2% of The Cashion Foundation's 2024 grants with a stated purpose (1 of 41) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Cashion Foundation's largest grantees?

The Cashion Foundation's largest 2024 grantees include Prager University ($10,000), Northeast of the Well ($6,800) and City of Hope ($6,800), according to its 2024 IRS Form 990-PF. Together they received 21% of its itemized 2024 grant dollars.

How large is The Cashion Foundation?

The Cashion Foundation reported $2.2M in total assets on its 2024 IRS Form 990-PF. It paid out $110K in qualifying distributions that year, against a required minimum of $82K (roughly 5% of its investment assets).

What does The Cashion Foundation fund?

The foundation’s own mission is not stated in the available information. Its 2024 grants show support for a range of organizations and purposes. See mission & focus areas ↑

How do I apply for a grant from The Cashion Foundation?

The foundation 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 The Cashion Foundation's EIN?

The Cashion Foundation's EIN (Employer Identification Number) is 33-0912616. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Cashion 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

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). The Cashion Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-cashion-foundation-morg_3a10b00bcaa8477d8516b6880267ec43

BibTeX
@misc{grantable_330912616_2026,
  author       = {{Grantable}},
  title        = {{The Cashion Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-cashion-foundation-morg_3a10b00bcaa8477d8516b6880267ec43},
  note         = {Accessed 2026-10-12. 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 The Cashion 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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