Cato Institute
THE MISSION OF THE CATO INSTITUTE IS TO KEEP THE PRINCIPLES, IDEAS, AND MORAL CASE FOR LIBERTY ALIVE FOR FUTURE GENERATIONS, WHILE MOVING PUBLIC POLICY IN THE DIRECTION OF INDIVIDUAL LIBERTY, LIMITED GOVERNMENT, FREE MARKETS, AND PEACE.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$190.5M
+10.6% YoY
Annual Giving
$227K
+33.5% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$28K
-16.5% YoY
Go deeper than public filings
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $190,480,742 | $172,218,520 | $135,047,209 |
| Revenue | $62,821,387 | $71,927,807 | $57,666,559 |
| Expenses | $47,370,866 | $41,834,120 | $37,718,015 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,688,906 | $4,191,898 | $1,490,354 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Cato Institute fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HOWARD S RICH | DIRECTOR, VICE CHAIRMAN, EXECUTIVE OFFICER | 2.5 | — |
| JAMES M LAPEYRE JR | DIRECTOR, CHAIRMAN, EXECUTIVE OFFICER | 2.5 | — |
| PETER GOETTLER | PRESIDENT AND CEO | 40 | $711,629 |
| BARON BOND | DIRECTOR | 2.5 | — |
| DAVID C HUMPHREYS | DIRECTOR | 2.5 | — |
| EILEEN S LEECH | DIRECTOR (THRU 08/20/2024) | 2.5 | — |
| FRED YOUNG | DIRECTOR | 2.5 | — |
| JAMES M KILTS | DIRECTOR | 2.5 | — |
| JOHN A ALLISON | DIRECTOR (THRU 01/10/2025) | 2.5 | — |
| JOHN P MACKEY | DIRECTOR | 2.5 | — |
| KENNETH LEVY | DIRECTOR | 2.5 | — |
| KENNETH R FRENCH | DIRECTOR | 2.5 | — |
| LAURA HOLMES JOST | DIRECTOR | 2.5 | — |
| ROBERT A TAYLOR | DIRECTOR | 2.5 | — |
| ROBERT GELFOND | DIRECTOR | 2.5 | — |
| MARISSA DELGADO | SECRETARY, VP, FINANCE & CFO | 40 | $216,517 |
| HARRISON MOAR | VP FOR DEVELOPMENT | 40 | $219,948 |
| STEPHEN KURTZ | VP, CHIEF DIGITAL OFFICER | 40 | $313,592 |
| CLARK NEILY | SR VP FOR LEGAL STUDIES | 40 | $235,896 |
| GENE HEALY | SENIOR VP FOR POLICY | 40 | $239,165 |
| MICHAEL CANNON | DIRECTOR OF HEALTH POLICY | 40 | $225,730 |
| NORBERT MICHEL | VP, DIRECTOR, MONETARY&FINANCIAL | 40 | $247,637 |
| SCOTT LINCICOME | VP, GENERAL ECONOMICS & TRADE | 40 | $245,178 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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