Kate Cassidy Foundation
The Kate Cassidy Foundation is a private independent foundation established in September 2013, based in Purchase, New York. As a 501(c)(3) organization, the foundation operates as a traditional private foundation making contributions exclusively to preselected charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$85.1M
+21.8% YoY
Annual Giving
$4.3M
+6.9% YoY
Grant Count
61
-3.2% YoY
Avg Grant Size
$71K
+10.4% YoY
Mission & Focus Areas
The foundation does not specify particular subject areas of focus in its public documents. However, grant-making patterns reveal strong support for:
- Major cultural institutions, particularly museums and public broadcasting
- Environmental organizations
- Community services
- Educational programs
- Jewish philanthropy (including support through the Jewish Communal Fund)
Grantmaking
The foundation does not accept unsolicited applications. All grants are made at the discretion of the trustees to preselected organizations on an invitation-only basis.
Grant Range
$1,000 to $1,000,000
How to Apply
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Geographic Focus
Where this funder awards grants
National focus with emphasis on New York. The foundation has funded projects across multiple states including California, Connecticut, Florida, Illinois, Kentucky, Massachusetts, New York, Tennessee, Virginia, and Washington, D.C.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $85,082,326
- Total revenues: $20,921,644
- Total expenses: $5,714,886
- Total liabilities: $0
- Investment income and dividends: $2,624,309
- Net gain from sale of non-inventory assets: $18,285,398
Staffing: The foundation operates with 0 employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $85,082,326 | $69,875,568 | $71,234,889 |
| Revenue | $20,921,644 | $3,480,552 | $1,753,653 |
| Expenses | $5,714,886 | $4,869,873 | $5,164,027 |
| Qualifying Distributions | $4,311,525 | $4,036,180 | $4,392,525 |
| Net Investment Income | $19,704,510 | $2,676,814 | $1,003,975 |
| Distributable Amount | $5,235,191 | $4,373,260 | $4,010,622 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Kate W. Cassidy – President
- Steven M. Eigen – Treasurer
- Howard R. Herman – Secretary
All three officers serve on a voluntary basis without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATE W CASSIDY | PRESIDENT | 1 | — |
| STEVEN M EIGEN | TREASURER | 1 | — |
| HOWARD R HERMAN | SECRETARY | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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