Casey Family Programs

Casey Family Programs

Casey Family Programs was founded in 1966 by Jim Casey, the UPS founder. It operates as an operating foundation rather than a traditional grantmaker, running programs that aim to prevent the need for foster care while improving outcomes for children and families. The foundation holds a 21.5 percent allocation to private equity. Confirmed positions include commitments to Endless, Vivo Capital, Axiom Asia Private Capital, Ampersand Capital Partners, ActivumSG, Overlook Partners Fund LP, and Rock Springs Capital. Geographic exposure centers on the United States with additional commitments in the United Kingdom and Singapore. Liquidity is maintained at high levels to support multi-million-dollar annual program expenditures. The endowment stood at approximately $2.68 billion as of 2024. Joseph A. Boateng serves as Chief Investment Officer. The organization maintains a Seattle headquarters and field offices including a San Antonio facility that received renovations in 2025. It participates in the Council of Institutional Investors and maintains ties to the Annie E. Casey Foundation and Marguerite Casey Foundation. Casey Family Programs uses an operating-company model in which investment returns directly underwrite program delivery instead of relying on periodic grant cycles. This structure creates a closed-loop relationship between asset returns and service execution.