Liabilities / Assets
3rd percentile
Higher debt load relative to assets than 3% of similar nonprofits.
Casalena Foundation
EIN 83-2198097 • 501(c)3 • Kansas City, MO
Profile
The casalena foundation will work to further their vision of strengthening the common good locally and throughout the world primarily through grantmaking to a range of charitable organizations that focus on a variety of matters. The foundation also works to advance innovative philanthropic solutions to challenging problems.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
9th percentile
Higher debt load relative to revenue than 9% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Balance Sheet
Assets
Up$220,718,412
Up $60,345,552 (+38%) from 2023
Liabilities
Up$33,076
Up $9,978 (+43%) from 2023
Net Assets
Up$220,685,336
Up $60,335,574 (+38%) from 2023
Revenue
Up$786,887
Up $470,326 (+149%) from 2023
Expenses
Down$296,006
Down $61,761 (-17%) from 2023
Net Income
Up$490,881
Up $532,087 (+1291%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $220,718,412
- Liabilities
- $33,076
- Net assets
- $220,685,336
- Revenue
- $786,887
- Expenses
- $296,006
- Net income
- $490,881
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jul 31, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $5,981,500
Mission and Program Overview
Mission
The Casalena Foundation helps strengthen the common good locally and throughout the world primarily through grantmaking to a range of charitable organizations that focus on a variety of matters. The Foundation also works to advance innovative philanthropic solutions to challenging problems.
The casalena foundation will work to further their vision of strengthening the common good locally and throughout the world primarily through grantmaking to a range of charitable organizations that focus on a variety of matters. The foundation also works to advance innovative philanthropic solutions to challenging problems.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $138,928,435 | $195,703,341 | ▲ $56,774,906 |
| Investments in Publicly Traded Securities | $21,444,425 | $25,015,071 | ▲ $3,570,646 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Program Related | $0 | - | - |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $160,372,860 | $220,718,412 | ▲ $60,345,552 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $23,098 | $33,076 | ▲ $9,978 |
| Other Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $23,098 | $33,076 | ▲ $9,978 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $160,349,762 | $220,685,336 | ▲ $60,335,574 |
| Total Net Assets Fund Balance | $160,349,762 | $220,685,336 | ▲ $60,335,574 |
| Total Liabilities and Net Assets / Fund Balance | $160,372,860 | $220,718,412 | ▲ $60,345,552 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Securities | $195,703,341 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Anthony Casalena | Director/president |
| Corey Ziegler | Director/secretary |
| Deborah L Wilkerson | Director/treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $0
- Investment Income
- $786,887
- Other Revenue
- $0
- Change in Net Assets
- $490,881
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $0
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $0
- Other Revenue Adjustments
- $0
- Total Revenue per Form 990
- $0
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $221,006 |
| Grants and Similar Amounts Paid | $75,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $0 | $129,747 | $0 | $129,747 |
| Fees for Service Investment Mgmnt Fees | - | $87,426 | - | $87,426 |
| Grants to Domestic Orgs | $75,000 | - | - | $75,000 |
| Fees for Services Accounting | - | $3,833 | - | $3,833 |
| Total Functional Expenses | $75,000 | $221,006 | $0 | $296,006 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Expenses per Audited Statements | $0 |
| Other Expense Adjustments | $0 |
| Total Expenses per Form 990 | $0 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| The Greater Kansas City Community Foundation | Kansas City, MO | 501(c)(3) | Philanthropy/Volunteerism | $75,000 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Line 2 BUSINESS RELATIONSHIPS
“Deborah wilkerson and corey ziegler have a business relationship. They are employees of the supported organization, the greater kansas city community foundation.”
Form 990, Part VI, Line 7A Members or stockholders electing members of governing body
“There are two classes of directors. The gkccf class is appointed by the greater kansas city community foundation (gkccf). The donor class is appointed by anthony casalena.”
Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders
“Any amendments to the bylaws have to be approved by gkccf.”
Form 990, Part VI, Line 11B Review of form 990 by governing body
“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions or concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. A copy of the 990 is resented to the board of directors for review and acceptance prior to filing.”
Form 990, Part VI, Line 12C Conflict of interest policy
“Annually each officer, board member and committee member are asked to review the conflict of interst policy and update their disclosure. This information is available to the board chair and is used to ensure that, should a conflict of interest arise, the board or committee member involved abstains from voting or participating in any decision.”
Form 990, Part VI, Line 19 Required documents available to the public
“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Casalena Foundation
- EIN
- 83-2198097
- Phone
- 8168420944
- Address
- 1055 BROADWAY BLVD 130, KANSAS CITY, MO 64105
Signing Officer
- Name
- Anthony Casalena
- Title
- President
- Signed
- 2025-07-31
- Discuss with paid preparer
- Yes
Organization Details
- Formed
- 2017
- Legal Domicile
- De
- Voting Board Members
- 3
- Independent Board Members
- 1
- Employees
- 0
- Volunteers
- 1
Preparer
- Firm
- Forvis Mazars LLP
- Address
- 1201 Walnut Street Suite 1700, Kansas City, MO 64106-2246
- Preparer
- Michael Engle
- Phone
- 8162216300
Supplemental Narrative
Additional Explanations
Form 990, Part III, Line 1 ORGANIZATIONAL MISSION
“The casalena foundation will work to further their vision of strengthening the common good locally and throughout the world primarily through grantmaking to a range of charitable organizations that focus on a variety of matters, including the arts and culture, education, health, the environment, social services and scientific and medical research. The foundation will actively work to advance innovative philantrhopic solutions to challenging problems.”
Form 990, Part V, Line 1A Number of 1099S issued
“The greater kansas city community foundation, the supported organization, issued a 1099 on behalf of the organization.”
Form 990, Part IX, Line 11G Other Fees
“ADMINISTRATIVE FEES - Total Expense: 129747, Program Service Expense: , Management and General Expenses: 129747, Fundraising Expenses: ;”
Financial Statement Notes
Schedule D, Part X, Line 2 Liability For Uncertain Tax Positions
“Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.”
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 204747 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | THE GREATER KANSAS CITY COMMUNITY FOUNDATION |
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| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Closely-held equity interests |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Financial derivatives |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | Goldman Sachs - Squarespace |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule D, Part X, Line 2 Liability For Uncertain Tax Positions |
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| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 0 | N/A |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | CASALENA FOUNDATION IS A SUPPORTING ORGANIZATION OF THE GREATER KANSAS CITY COMMUNITY FOUNDATION, A 501(C)(3) PUBLIC CHARITY. ALL GRANTS ARE ISSUED TO THE GREATER KANSAS CITY COMMUNITY FOUNDATION. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 100000 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 34500 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 22612 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 24689 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 987 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 516 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 276 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | DEBORAH L WILKERSON |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | COREY ZIEGLER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | DIRECTOR/TREASURER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | DIRECTOR/SECRETARY |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 549913 |
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| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | THE COMPENSATION BEING REPORTED FOR DEBORAH L. WILKERSON AND COREY ZIEGLER IS FROM THE GREATER KANSAS CITY COMMUNITY FOUNDATION, A RELATED ORGANIZATION. THE GREATER KANSAS CITY COMMUNITY FOUNDATION USES A COMPENSATION COMMITEE, AN INDEPENDENT COMPENSATION CONSULTANT, A COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH COMPENSATION. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule J, Part II COMPENSATION FROM A RELATED ORGANIZATION |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CASALENA FOUNDATION WILL WORK TO FURTHER THEIR VISION OF STRENGTHENING THE COMMON GOOD LOCALLY AND THROUGHOUT THE WORLD PRIMARILY THROUGH GRANTMAKING TO A RANGE OF CHARITABLE ORGANIZATIONS THAT FOCUS ON A VARIETY OF MATTERS, INCLUDING THE ARTS AND CULTURE, EDUCATION, HEALTH, THE ENVIRONMENT, SOCIAL SERVICES AND SCIENTIFIC AND MEDICAL RESEARCH. THE FOUNDATION WILL ACTIVELY WORK TO ADVANCE INNOVATIVE PHILANTRHOPIC SOLUTIONS TO CHALLENGING PROBLEMS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE GREATER KANSAS CITY COMMUNITY FOUNDATION, THE SUPPORTED ORGANIZATION, ISSUED A 1099 ON BEHALF OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DEBORAH WILKERSON AND COREY ZIEGLER HAVE A BUSINESS RELATIONSHIP. THEY ARE EMPLOYEES OF THE SUPPORTED ORGANIZATION, THE GREATER KANSAS CITY COMMUNITY FOUNDATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THERE ARE TWO CLASSES OF DIRECTORS. THE GKCCF CLASS IS APPOINTED BY THE GREATER KANSAS CITY COMMUNITY FOUNDATION (GKCCF). THE DONOR CLASS IS APPOINTED BY ANTHONY CASALENA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ANY AMENDMENTS TO THE BYLAWS HAVE TO BE APPROVED BY GKCCF. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL. ANY QUESTIONS OR CONCERNS THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. A COPY OF THE 990 IS RESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND ACCEPTANCE PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | ANNUALLY EACH OFFICER, BOARD MEMBER AND COMMITTEE MEMBER ARE ASKED TO REVIEW THE CONFLICT OF INTERST POLICY AND UPDATE THEIR DISCLOSURE. THIS INFORMATION IS AVAILABLE TO THE BOARD CHAIR AND IS USED TO ENSURE THAT, SHOULD A CONFLICT OF INTEREST ARISE, THE BOARD OR COMMITTEE MEMBER INVOLVED ABSTAINS FROM VOTING OR PARTICIPATING IN ANY DECISION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | ADMINISTRATIVE FEES - Total Expense: 129747, Program Service Expense: , Management and General Expenses: 129747, Fundraising Expenses: ; |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part III, Line 1 ORGANIZATIONAL MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part V, Line 1a Number of 1099s issued |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 2 BUSINESS RELATIONSHIPS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 7a Members or stockholders electing members of governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Line 11b Review of form 990 by governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Line 12c Conflict of interest policy |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part VI, Line 19 Required documents available to the public |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part IX, Line 11g Other Fees |
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| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 1 | FL |
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| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 1 | INSTITUTIONAL INVESTMENT FIRM |
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| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 1 | BLOCKTOWER CREDIT PARTNERS OFFSHORE LP |
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| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 1 | 1221 BRICKELL AVE |
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| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 1 | FL |
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| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 1 | 33131 |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 4 | true |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 7 | true |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 9 | true |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 10 | true |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 11 | true |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 12 | true |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 13 | true |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 14 | true |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 19 | true |
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