The Cassie Family Foundation is a private foundation focused on Education, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 9 grants totaling $85K. Net investment income was $122K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+0.6% YoY
Annual Giving
$85K
-41.4% YoY
Grant Count
9
+12.5% YoY
Avg Grant Size
$9K
-47.9% YoY
Under IRS private-foundation payout rules, The Cassie Family Foundation reported a distributable amount of $132K for 2024 — the minimum it must pay out in qualifying distributions.
About The Cassie Family Foundation
Based on IRS filings
The Cassie Family Foundation is a private foundation focused on Education, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 9 grants totaling $85K. Net investment income was $122K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,914,225 | $1,903,494 | $2,021,091 |
| Revenue | $145,834 | $83,062 | $63,755 |
| Expenses | $145,103 | $200,659 | $176,009 |
| Qualifying Distributions | $119,907 | $170,856 | $128,746 |
| Net Investment Income | $122,114 | $53,337 | $31,707 |
| Distributable Amount | $131,981 | $131,685 | $120,614 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Illinois Foundation ($16,122), Wayne State University ($16,122), Grand Valley State University ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DETROIT PUBLIC MEDIA WIXOM, MI | General & Unrestricted | $8,061 |
| DETROIT SYMPHONY ORCHESTRA HALL INC DETROIT, MI | General & Unrestricted | $8,061 |
| GRAND VALLEY STATE UNIVERSITY ALLENDALE, MI | The support the purchase of a Women's 4+ boat for the GVSU Rowing Club | $10,000 |
| GROSSE POINTE CHAMBER FOUNDATION GROSSE PT FRM, MI | General & Unrestricted | $8,061 |
| Sandwich Community High School Sandwich, IL | to support the purchase of a 20 Arm Powerblast with powerline sled for the football program and 4 new football pressbox chairs and remaining funds to be applied to the football program | $7,500 |
| Sandwich Community High School Sandwich, IL | This grant is to benefit the Sandwich High School Football program. It is to be used for needed equipment and events supporting participating student-athletes. | $3,000 |
| THE DETROIT INSTITUTE OF ARTS DETROIT, MI | General & Unrestricted | $8,061 |
| UNIVERSITY OF ILLINOIS FOUNDATION CHICAGO, IL | to support of the Cassie Family Foundation Scholarship fund | $16,122 |
| WAYNE STATE UNIVERSITY DETROIT, MI | to support the Department of Music through the Lillian J. Cassie, Ed.D. Endowed Research Fund | $16,122 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Becky Cassie | Sec | 7 | — |
| Kristian R Cassie | Dir, Pres | 5 | $8,000 |
| Megan C Roche | Dir | 3 | $8,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Cassie Family Foundation?
The Cassie Family Foundation is a private foundation focused on Education, based in WILMINGTON, DE. It holds $1.9M in total assets as of 2024.
How large is The Cassie Family Foundation?
As of 2024, The Cassie Family Foundation holds $1.9M in total assets with $146K in annual revenue. It awarded 9 grants totaling $85K in 2024.
Where does The Cassie Family Foundation operate?
The Cassie Family Foundation has awarded grants in Illinois, Michigan.
What size grants does The Cassie Family Foundation award?
In 2024, The Cassie Family Foundation awarded 9 grants totaling $85K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Cassie Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cassie Family Foundation reported a distributable amount of $132K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cassie Family Foundation's EIN?
The Cassie Family Foundation's EIN (Employer Identification Number) is 82-4063288. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Cassie Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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