Annie E. Casey Foundation

Investment oversight at Casey is managed internally by the foundation's investment office, though the foundation does not publicly name its CIO or investment committee members. The investment function reports through the foundation's president and CEO, Lisa Hamilton, and operates under the supervision of the foundation's board of trustees. Casey's Form 990 filings reveal a diversified portfolio typical of large endowments, including allocations to public equities, fixed income, and alternative investments.

Casey sources place-based real assets through deep-rooted relationships in Baltimore and select partner cities. The foundation identifies opportunity zones in its core communities and initiates projects, sometimes operating as the anchor developer — as with East Baltimore Development Inc., a public-private partnership formed with Johns Hopkins University and the city government. Casey's real estate strategy is mission-aligned, not return-maximizing, and typically involves catalytic investment in disinvested neighborhoods.

No. The Annie E. Casey Foundation does not accept unsolicited grant proposals. It funds initiatives through invitation only, focusing on organizations and partnerships aligned with its evidence-based programs in child welfare, juvenile justice, education, and economic opportunity. The foundation's KIDS COUNT project is its most visible public-facing initiative, publishing child well-being data used by policymakers nationwide.

The endowment was originally funded by Jim Casey, the founder of United Parcel Service, and his siblings George, Harry, and Marguerite. Jim Casey devoted the bulk of his UPS-derived fortune to the foundation before his death in 1983. The current endowment, which publicly disclosed assets of roughly $3.1 billion as of 2022, is a diversified institutional portfolio no longer concentrated in UPS stock.

The two foundations share a common family origin — both were established by the siblings of UPS founder Jim Casey — but operate under entirely separate governance, staffs, and missions. The Marguerite Casey Foundation was founded in 2001 and focuses on economic justice and organizing grants for poor and working families, with a national scope and headquarters in Seattle. There is no parent-subsidiary relationship, and the Annie E. Casey Foundation does not fund or oversee the Marguerite Casey Foundation.

Casey has historically separated its social-impact mission, executed through grantmaking, from its endowment management, which follows a conventional total-return approach. Its place-based real estate deployments — such as East Baltimore Development Inc. and Pittsburgh Yards — function as a mission-related investment strategy distinct from either programmatic grants or market-rate portfolio management. The foundation does not publicly report the size or specific allocation of any formal impact-investing carve-out within the endowment.

No. Casey's public Form 990 does not list individual fund managers, partnership interests, or direct holdings in detail. The foundation reports aggregate asset categories but does not disclose specific external manager selections, co-investments, or private fund commitments. This is consistent with the standard disclosure practices of large private foundations.