Samuel N & Mary Castle Foundation
- Assets
- $37.5m
- Revenue
- $1.3m
- Investments
- $34.6m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 04/1938
- Data as of
- 12/2023
- EIN
- 99-6003321
Organization Overview
Samuel N & Mary Castle Foundation is located in Honolulu, HI. The organization was established in 1938. 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. Samuel N & Mary Castle Foundation 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, Samuel N & Mary Castle Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Samuel N & Mary Castle Foundation has awarded 170 individual grants totaling $6,235,881. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfred L Castle President/trustee | 40 | $219,420 | |
Cynthia Quisenberry Secretary/trustee | 0 | $0 | |
Dr Kittredge Baldwin Vice President/trustee | 0 | $0 | |
Dr Robert Peters Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bank Of Hawaii | 12/30/23 | $203,105 |
Morgan Stanley Smith Barney | 12/30/23 | $55,674 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,174,899 |
| Net Rental Income | $286 |
| Net Gain on Sale of Assets | $168,609 |
| Capital Gain Net Income | $168,609 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,344,463 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $219,420 |
| Other employee salaries and wages | $25,694 |
| Pension plans, employee benefits | $75,678 |
| Interest | $0 |
| Taxes | $62,053 |
| Depreciation | $0 |
| Occupancy | $31,805 |
| Travel, conferences, and meetings | $938 |
| Printing and publications | $1,817 |
| Other expenses | $26,601 |
| Total operating and administrative expenses | $727,596 |
| Contributions, gifts, grants paid | $1,853,412 |
| Total expenses and disbursements | $2,581,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$361,059 |
| Savings and temporary cash investments | $3,286,441 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $37,534,270 |
| 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, Samuel N & Mary Castle Foundation has awarded $2,090,681 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
AE KAMALII PRE-SCHOOL PURPOSE: TUITION ASSISTANCE FOR LOW-INCOME FAMILIES | $15,000 |
CATHOLIC CHARITIES PURPOSE: MARY TENNEY CASTLE EMERGENCY FUND FOR FAMILIES WITH YOUNG CHILDREN FOR 2023 | $50,000 |
CATHOLIC DIOCESE OF HONOLULU PURPOSE: AUGMENTING QUALITY IN HAWAII'S INDEPENDENT PRESCHOOLS: ST. MICHAEL, ST. JOSEPH, ST. THERESA | $75,000 |
CATHOLIC DIOCESE OF HONOLULU PURPOSE: TUITION ASSISTANCE FOR LOW-INCOME FAMILIES IN CATHOLID PRE-SCHOOLS | $60,000 |
CHAMINADE UNIVERSITY MONTESSORI LAB SCHOOL PURPOSE: PRESCHOOL TUITION ASSISTANCE TO LOW-INCOME FAMILIES | $15,000 |
CHAMINADE UNIVERSITY OF HONOLULU PURPOSE: SCHOLARSHIPS FOR EARLY EDUC TEACHERS $50,000 & $10,000 FOR TEXTBOOK PURCHASE SUBSIDES | $60,000 |