The Michael Cascone Jr & Elizabeth

Private foundation · Grantmaker Jacksonville, FL EIN: 59-7246237

THE MICHAEL CASCONE JR & ELIZABETH is a private foundation based in Jacksonville, Florida. Its 2025 filing reports grants to charitable organizations, including schools, universities, religious organizations, and community-serving nonprofits.

Key facts about The Michael Cascone Jr & Elizabeth

In short: The Michael Cascone Jr & Elizabeth gave $833K across 21 grants in 2025 (avg $40K), mostly in Florida. 19% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
59-7246237
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$833,052
Grants made (2025)
21
Average grant
$39,669
Median grant
$5,000
New grantees (estimate)
19% first-time grantees (4 of 21, 2025)
Total assets
$9,263,310
Primary geography
Florida (98% 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 September 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

$9.3M

+2.3% YoY

Annual Giving

$833K

+6.8% YoY

Grant Count

21

-4.5% YoY

Avg Grant Size

$40K

+11.9% YoY

Under IRS private-foundation payout rules, The Michael Cascone Jr & Elizabeth reported a distributable amount of $440K for 2025 — the minimum it must pay out in qualifying distributions.

Is The Michael Cascone Jr & Elizabeth open to new grantees?

19%

first-time grantees, 2025

In 2025, 4 of 21 grantees (19%) were first-time recipients. First grants averaged $3K; repeat grants $48K. How we count

Medians: $3K first-time, $5K repeat.

  • 81% of 2025 grantees were also funded in 2024. Method
  • Giving grew 86% from 2022 to 2025. Method
  • In 2025 it paid out 189% of its IRS minimum distribution (the 5% rule). 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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its reported 2025 grants went to organizations including Bishop Kenny High School, the University of North Florida, United Way of Northeast Florida, Guardian Catholic Schools, and Mayo Clinic.

Among its other 2025 grantees, Girls Inc. of Sarasota County says it serves girls ages 5–24 with research-based programming, mentors, and opportunities intended to foster leadership, personal development, and academic success. Jacksonville University describes its mission as empowering students’ lifelong growth as global citizens through an innovative educational experience and community-centered service.

Grantmaking

In 2025, the foundation reported 21 grants totaling $833,052. Grant amounts ranged from $500 to $533,852, with a median grant of $5,000. The largest reported grants included $533,852 to Bishop Kenny High School, $75,000 each to United Way of Northeast Florida and the University of North Florida, and $50,000 each to Guardian Catholic Schools and Mayo Clinic. Each was listed for the general fund.

Your AI grants department

Ready to take the next step with The Michael Cascone Jr & Elizabeth?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

The 2025 filing reports that 98% of grant dollars went to recipients in Florida. It also lists recipient shares of 1% each for Vermont, Maryland, and Indiana, and 0% for Louisiana. Jacksonville organizations appear among the largest named recipients.

Grant Distribution by State

17states

Share of all 21 itemized 2025 grant dollars.

Cities

JacksonvilleStoweMetairieNotre DameBostonTampaAnn ArborAve MariaSt AugustineAtlantic BeachBethlehemCambridgeCaryChicagoColchesterFairfaxFernandina BeachGarden ValleyGeneseeHonolulu

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M39 grants201937 grants202040 grants202131 grants202225 grants202322 grants202421 grants2025

From 2019 to 2025, annual grant giving ranged from $449K (2022) to $833K (2025). In 2025 it made 21 grants totaling $833K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Bishop Kenny High School: $534KBishop Kenny High School$534KUnited Way of Northeast FL: $75KUnited Way of Northeast FL$75KUniversity of North Florida: $75KUniversity of North Florida$75KGuardian Catholic Schools: $50KGuardian Catholic Schools$50KMayo Clinic: $50KMayo Clinic$50KHoly Family Catholic Church: $13KHoly Family Catholic Church$13KCatholic Charities Bureau Inc: $5KCatholic Charities Bureau Inc$5KSisters of Mary World Villages for Children: $5KSisters of Mary World Villagesfor Children$5KSt Michael's College: $5KSt Michael's College$5KUniversity of Notre Dame: $5KUniversity of Notre Dame$5K

The largest 2025 recipient was Bishop Kenny High School ($534K). Together the top 10 received $817K.

Grant Size Distribution

139 grants across all recorded years

110<$50K26$50–100K$100–250K2$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 110 grants of 139 (79%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bishop Kenny High School Jacksonville, FLGeneral Fund$533,852
United Way of Northeast FL Jacksonville, FLGeneral Fund$75,000
University of North Florida Jacksonville, FLGeneral Fund$75,000
Guardian Catholic Schools Jacksonville, FLGeneral Fund$50,000
Mayo Clinic Jacksonville, FLGeneral Fund$50,000
Holy Family Catholic Church Jacksonville, FLGeneral Fund$13,000
Catholic Charities Bureau Inc Jacksonville, FLGeneral Fund$5,000
Sisters of Mary World Villages for Children Lanham, MDGeneral Fund$5,000
St Michael's College Colchester, VTGeneral Fund$5,000
University of Notre Dame Notre Dame, INGeneral Fund$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $9,263,310 $892,304 $841,221 $833,052
2024 $9,059,420 $408,180 $858,993 $779,799
2023 $9,076,582 $247,650 $738,183 $656,200
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2019202020212022202320242025
Metric202520242023
Total Assets$9,263,310$9,059,420$9,076,582
Revenue$892,304$408,180$247,650
Expenses$841,221$858,993$738,183
Qualifying Distributions$833,052$779,799$656,200
Net Investment Income$643,474$328,986$183,191
Distributable Amount$440,465$442,233$446,149

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS August 17, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists these directors: Elizabeth B Cascone, Michael Cascone Jr, Steven D Cascone, Elizabeth C Higgs, Juliette C Gredenhag, Kathleen D Cascone, and Michael J Cascone.

The Michael Cascone Jr & Elizabeth's 2025 filing lists 7 officers; none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Elizabeth B. Cascone

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Elizabeth C. Higgs

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Juliette C. Gredenhag

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Michael Cascone Jr.

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Michael J. Cascone

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Steven D. Cascone

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Kathleen D. Cascone

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Kathleen C. Kilbane (2019–2020) — Director

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: 8022 James Island Trail, Jacksonville, FL 32256
Phone: (904) 646-4685

Frequently asked questions about The Michael Cascone Jr & Elizabeth

How much does The Michael Cascone Jr & Elizabeth give each year?

The Michael Cascone Jr & Elizabeth gave $833K across 21 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $780K across 22 grants.

What is The Michael Cascone Jr & Elizabeth's typical grant size?

The Michael Cascone Jr & Elizabeth's median grant in 2025 was $5,000, and its average grant was $39,669, across 21 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Michael Cascone Jr & Elizabeth that year got $3K on average.

Where does The Michael Cascone Jr & Elizabeth give grants?

The Michael Cascone Jr & Elizabeth gives mostly in Florida: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Jacksonville, FL (15 grants).

Does The Michael Cascone Jr & Elizabeth give general operating support?

Yes: 100% of The Michael Cascone Jr & Elizabeth's 2025 grants with a stated purpose (21 of 21) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Michael Cascone Jr & Elizabeth's largest grantees?

The Michael Cascone Jr & Elizabeth's largest 2025 grantees include Bishop Kenny High School ($533,852), United Way of Northeast FL ($75,000) and University of North Florida ($75,000), according to its 2025 IRS Form 990-PF. Together they received 82% of its itemized 2025 grant dollars.

How large is The Michael Cascone Jr & Elizabeth?

The Michael Cascone Jr & Elizabeth reported $9.3M in total assets on its 2025 IRS Form 990-PF. It paid out $833K in qualifying distributions that year, against a required minimum of $440K (roughly 5% of its investment assets).

What does The Michael Cascone Jr & Elizabeth fund?

No mission statement for the foundation is provided. Its reported 2025 grants went to organizations including Bishop Kenny High School, the University of North Florida, United Way of Northeast Florida, Guardian Catholic Schools, and Mayo Clinic. See mission & focus areas ↑

How do I apply for a grant from The Michael Cascone Jr & Elizabeth?

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 The Michael Cascone Jr & Elizabeth's EIN?

The Michael Cascone Jr & Elizabeth's EIN (Employer Identification Number) is 59-7246237. IRS Form 990 filing data is available on this page for 2019–2025.

Does The Michael Cascone Jr & Elizabeth accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching The Michael Cascone Jr & Elizabeth by hand.

Explore Open Grants

Browse active grant opportunities in The Michael Cascone Jr & Elizabeth's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

The Community Foundation

Jacksonville, FL

The Community Foundation for Northeast Florida supports nonprofits and civic work in Duval, St. Johns, Nassau, Baker, Clay, and Putnam counties, with interests including neighborhoods, education, aging adults, arts, women and girls, young children, and early literacy. Its 2024 grants had a median of $5,000, though amounts varied widely; most donor-advised grants are not open to applications, but eligible nonprofits can apply through competitive programs when application windows are open.

Philanthropy, Voluntarism & Grantmaking

Assets

$708.7M

Grants

2,470

Total Given

$78.0M

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

Pga Tour Inc

Ponte Vedra Beach, FL

PGA TOUR Inc. supports community charities in areas including healthcare, education, youth development, disaster relief, food access, military, and the environment, especially in tournament communities across the U.S. and internationally. Its 2024 grants had a median of $16,836, though amounts ranged widely; some Positively Memphis opportunities offer $1,000–$25,000. It accepts applications quarterly for those listed Memphis opportunities; the profile does not state whether other grants accept unsolicited requests.

Assets

$3.9B

Grants

324

Total Given

$33.3M

Enterprise Holdings Foundation

Saint Louis, MO

Enterprise Holdings Foundation supports nonprofits in health, education, arts, disaster relief, reforestation, hunger relief, and community equity, with an emphasis on organizations actively supported by Enterprise employees and their families. Its reported grants range widely: 2024 giving averaged about $7,700 across 9,499 grants, while the foundation also offers awards of up to $40,000; it supports communities where Enterprise operates worldwide. Unsolicited requests are accepted at any time, but eligible applications must be submitted by an Enterprise team member or their spouse or domestic partner on behalf of a nonprofit they actively support.

Assets

$594.3M

Grants

1

Total Given

$101.4M

Publix Super Markets Charities Inc

Lakeland, FL

Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.

Assets

$233.8M

Grants

3,269

Total Given

$52.5M

The Miami Foundation Inc

Miami, FL

The Miami Foundation funds a broad range of work, including arts and culture, health and wellness, economic opportunity, youth and families, equity, and climate resilience; its Community Grants provide flexible two-year general operating support to nonprofits in Greater Miami. In 2023, grants had a median of $21,585, though awards varied widely; the current application cycle is closed, and applications are expected to open in 2027.

Philanthropy, Voluntarism & Grantmaking

Assets

$525.0M

Grants

879

Total Given

$57.2M

Community Foundation of Tampa Bay Inc

Tampa, FL

The Community Foundation of Tampa Bay funds nonprofits addressing economic opportunity, environmental sustainability, health, education, and community vitality in Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Its annual competitive grants are typically $10,000–$50,000; it also accepts year-round requests for urgent, unforeseen needs of up to $250,000. Apply through the relevant grant opportunity; the profile does not state whether general unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.0B

Grants

698

Total Given

$54.3M

Gulf Coast Community Foundation Inc

Venice, FL

Gulf Coast Community Foundation funds arts and culture, civic and economic development, education, the environment, health and human services, and disaster response, with a focus on its Florida service area. Community grants provide up to $25,000 per organization per fiscal year; larger catalytic grants are available, and 2025 grants had a median of $16,251. It accepts unsolicited requests through scheduled Community Grant cycles; catalytic grants start with a letter of inquiry, and initiative grants are by invitation only.

Philanthropy, Voluntarism & Grantmaking

Assets

$533.7M

Grants

651

Total Given

$45.0M

Early Learning Coalition of Broward

Fort Lauderdale, FL

The Early Learning Coalition of Broward funds child care reimbursement and early-learning providers, including programs supporting child care and preschool, primarily in Broward County, Florida. Its 2025 grants ranged from $5,127 to $3,994,863, with a median of $158,921. The profile does not state whether it accepts unsolicited requests.

Human Services

Assets

$15.9M

Grants

636

Total Given

$152.2M

Leslie L Alexander Foundation Inc

Delray Beach, FL

The Leslie L Alexander Foundation supports animal rescue, education, children’s services, and other charitable work. In 2024, grants ranged from $600 to $1 million, with a median of $35,000; giving was concentrated in Florida and Texas, with awards also made elsewhere. It gives only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$291.4M

Grants

622

Total Given

$28.4M

CSX Foundation Inc

Jacksonville, FL

Philanthropy, Voluntarism & Grantmaking

Assets

$9.7M

Grants

607

Total Given

$13.7M

More Funders in Florida

The Michael Cascone Jr & Elizabeth down — hundreds of funders to go?

Want AI to do this for you?