Casten Family Foundation Inc
- Assets
- $2.7m
- Revenue
- $69.3k
- Investments
- $2.6m
- Employees
- 0
- Location
- Hinsdale, IL
- Founding
- 04/2001
- Data as of
- 12/2023
- EIN
- 13-4074089
Organization Overview
Casten Family Foundation Inc is located in Hinsdale, IL. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casten Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Casten Family Foundation Inc generated $69.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (32.9%) each year. All expenses for the organization totaled $309.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Casten Family Foundation Inc has awarded 182 individual grants totaling $2,472,765. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Casten President | 4 | $0 | |
Thomas Casten Vice President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,500 |
| Interest on Savings | $5,651 |
| Dividends & Interest | $8,435 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,728 |
| Capital Gain Net Income | $47,728 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,314 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $6 |
| Taxes | $714 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,096 |
| Total operating and administrative expenses | $33,276 |
| Contributions, gifts, grants paid | $275,964 |
| Total expenses and disbursements | $309,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,631 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $109,571 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,344,257 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,736,459 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Casten Family Foundation Inc has awarded $275,964 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR INQUIRY PURPOSE: SEE ABOVE | $2,500 |
ASSISTANCE LEAGUE OF CHICAGOLAND PURPOSE: ALL CONTRIBUTIONS ARE MADE TO FURTHER THE GOALS OF THE CRECIPIENT ORGANIZATION. | $300 |
CERGE EI FOUNDATION PURPOSE: SEE ABOVE | $5,000 |
CHRISTMAS WITHOUT CANCER PURPOSE: SEE ABOVE. | $7,510 |
CLIMATE INSTITUTE PURPOSE: SEE ABOVE. | $120 |
CHICAGO SYMPHONY ORCHESTRA ASSOCIATION - DEVELOPMENT PURPOSE: SEE ABOVE. | $500 |