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The Annie E. Casey Foundation

Profile

Last Updated: 2016-02-05

At A Glance

The Annie E. Casey Foundation

701 St. Paul St.

Baltimore, MD United States 21202-2311

Telephone: (410) 547-6600

URL: www.aecf.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $3,014,750,153

Total giving: $108,960,325

EIN

521951681

BRIDGE Number

8279441143

Additional Contact Information

E-mail for S.C. Fair: sfair@aecf.org

Background

Incorporated in 1948 in CA - Founded by the late James E. "Jim" Casey, one of the founders of United Parcel Service, and his siblings, George, Harry, and Marguerite, who named the philanthropy in honor of their mother

Purpose and Activities

The primary mission of the foundation is to foster public policies, human service reforms, and community supports that more effectively meet the needs of today's vulnerable children and families. In pursuit of this goal, the foundation makes grants that help states, cities, and communities fashion more innovative, cost-effective responses to these needs.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Child Welfare/Permanence

The foundation grants and partners with public systems on reform efforts, and thereby supports communities in ensuring that all children, regardless of circumstance, achieve the best outcomes possible and have lifelong connections to a caring, nurturing family. Related initiatives include: 1) Child Welfare Strategy Group, which uses an intensive, embedded consulting model, closely collaborating with clients to spark significant, measurable transformations in public child welfare systems; 2) Jim Casey Youth Opportunities Initiative, which promotes efforts to help former foster care kids with education, employment, health care, housing, and more importantly, linking them to supportive, permanent connections with caring adults.

Children and Family Fellowship

The fellowship is a 20-month leadership development program for accomplished professionals. It explicitly strives to increase the pool of leaders with the vision and ability to frame and sustain major system reforms and community capacity-building initiatives that benefit large numbers of children and families. The foundation solicits nominations for the fellowship program from a prestigious, national network of organizations and individuals who lead many of the most dynamic systems, institutions, and programs in America today. Once nominated, candidates are invited to complete a fellowship application. The Fellowship Selection Committee, comprised of a diverse team of Casey staff, Fellowship alumni, and partners in the Foundation’s work, reviews all applications and recommends candidates for further consideration. For more information see web site or contact Barbara Squires, Dir. of Leadership Development, tel.: (800) 222-1099, extension 2938. .

Community Change

The foundation is fully invested in building better futures for millions of disadvantaged children in tough neighborhoods -- areas where poverty is concentrated, crime is common, safety is elusive, and essential services are unreliable. The foundation's two-generation approach seeks to change the future for large numbers of at-risk kids by finding ways to help their parents succeed in the present. Related initiatives are: 1) Social Investments, which uses the foundation’s endowment dollars to generate a financial return and support its investment strategies; 2) Responsible Redevelopment, which focuses on people rather than buildings and on making redevelopment work to improve conditions for low-income families and children that are impacted by these activities; 3) Civic Sites, which refers to Atlanta, GA, and Baltimore, MD, where the foundation has close hometown ties and where it anticipates maintaining a significant, sustained philanthropic role for years to come; 4) Families Count, through which the foundation celebrates and supports organizations that improve the odds for vulnerable children by helping them have what they need most—strong, capable and economically successful families.

Economic Security

The program's work emphasizes family economic improvement, community-level system reform, and comprehensive neighborhood transformation. Related initiatives are: 1) Faith-Based, which focuses on positioning long-time grantees to continue as leaders in the fields of prisoner re-entry and children with incarcerated parents; 2) Family Economic Success, which helps low-income working families build strong financial futures in strong neighborhoods by integrating three key components: workforce development, family economic supports, and asset building; 3) Income Security, which are investments that advance policies and programs that help low-income families move from poverty to financial stability; 4) Immigrants and Refugees, which helps vulnerable immigrant children and families to succeed in learning English and have access to high quality, low cost social and financial services in their native languages in order to become productive family members and members of their communities; 5) Responsible Fatherhood/Healthy Marriage, which makes investments to promote responsible fatherhood and healthy marriage to provide long-term stability for children; 6) Rural Family Economic Success, which offers strategies to help rural families increase their income, stabilize their finances, acquire assets, and build wealth; 7) Southwest Border and Indian Families, which supports family economic success to improve the lives of children and families in these communities where child poverty rates are often higher than in the poorest big cities.

Education

The program is directed toward supporting high-quality options -- such as charters and small public schools -- for improving opportunities for children and families, particularly those of color living in tough neighborhoods.The program is now making 3rd grade reading achievement an increasingly important element of its place-based work, as well as a national imperative. It supports the Grade-Level Reading Campaign, a collaborative effort by dozens of funders across the nation to: close the gap in reading achievement that separates many low-income students from their peers; raise the bar for reading proficiency so that all students are assessed by world-class standards; and ensure that all children, including and especially children from low-income families, have an equitable opportunity to meet those higher standards. Related initiatives are: 1) Closing the Achievement Gap Series, which is a series of stories, results, and lessons learned from seven years of the Casey Foundation's education investing; 2) Early Childhood and School Readiness, whose vision is that for all families to have high quality, comprehensive, culturally appropriate early childhood services and support—formal and informal—right in their own neighborhoods.

Grants to Individuals Program

Fellowships to individuals to work and study at youth and family organizations and agencies.

Juvenile Justice

The juvenile justice reform agenda is designed to improve the odds that delinquent youth can make successful transitions to adulthood, primarily by reforming juvenile justice system so that they lock up fewer youth, rely more on proven, family-focused interventions, and create opportunities for positive youth development. Related initiative: 1) Juvenile Detention Alternatives Initiative promotes changes to policies, practices and programs to: reduce reliance on secure confinement;improve public safety; reduce racial disparities and bias; save taxpayers’ dollars; and stimulate overall juvenile justice reforms.

Program-Related Investment

The foundation's Social Investment Unit employs three investment approaches to direct a portion of foundation assets in support of programmatic activities that improve outcomes for vulnerable children and families: 1) Mission Related Deposits- made in federally insured depository institutions including traditional banks, community development financial institutions, and credit unions, which are structured as insured CDs or share certificates; 2) Program Related Investments- to support charitable purposes aligned with the foundation's mission through below market risk-adjusted loans, loan guarantees, or equity investments; 3) Mission Related Investments- to generate market rates of return and have a programmatic and/or social benefit.

Fields of Interest

Subjects
  • Child welfare
  • Education
  • Human services
  • Public affairs
  • Sustainable development
  • Urban development
  • Youth organizing
Population Groups
  • Adults
  • Children
  • Children and youth
  • Economically disadvantaged people
  • Foster and adoptive children
  • Low-income and poor people
  • People of African descent

Financial Data

Year ended 2014-12-31

Assets: $3,014,750,153 (market value)

Gifts received: $1,311,612

Expenditures: $195,860,912

Total giving: $108,960,325

Qualifying distributions: $108,960,325

Giving activities include:

$108,960,325 for grants