Stephen and Carol Cassiani Family Foundation
Preselected recipients only
Stephen and Carol Cassiani Family Foundation is a private foundation in Houston, Texas. In tax year 2025 it gave $362,000 in 7 grants; the typical grant was $52,000 and the largest $85,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$362,000
- Number of grants7
- Typical grant$52,000
- Largest grant$85,000
- Assets$8.6 million
- New grantees43%
Giving in 2025 was up from $207,000 the year before.
43% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $130,000 | 5 | $4.5 million |
| 2023 | $130,000 | 5 | $6.2 million |
| 2024 | $207,000 | 4 | $8.1 million |
| 2025 | $362,000 | 7 | $8.6 million |
How to apply
Stephen and Carol Cassiani Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Stephen and Carol Cassiani Family Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 6 | $332,000 |
| New York | 1 | $30,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| SMU Simmons School | Charitable | $85,000 |
| Childrens Medical Center | Charitable | $80,000 |
| United Way of Greater Houston | Charitable | $60,000 |
| Parish Episcopal School | Charitable | $52,000 |
| Womens AUX to Childrens | Charitable | $45,000 |
| Cardinal Spellman Hs | Charitable | $30,000 |
| American Red Cross Greater Houston | Charitable | $10,000 |
Officers and trustees
- Stephen M Cassiani
- Carol A Cassiani
- Lisa C Macaraeg
- E Biegel Macaraeg
- Jonathan M Forster
Questions people ask
Does Stephen and Carol Cassiani Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Stephen and Carol Cassiani Family Foundation give?
$362,000 in tax year 2025, across 7 grants, with a typical grant of $52,000.
Who runs Stephen and Carol Cassiani Family Foundation?
Its 2025 filing lists Stephen M Cassiani (Secretary/Treasurer), Carol A Cassiani (Vice President), Lisa C Macaraeg (President) and E Biegel Macaraeg (Vice President) among 5 officers and trustees.
What does Stephen and Carol Cassiani Family Foundation fund?
Based on its grants, mainly education, youth programs and human services.