The Louis N. Cassett Foundation, established in 1946 by industrialist Louis N. Cassett, aims to support various charitable causes including cultural, educational, religious, scientific, literary initiatives, and poverty and disaster relief efforts. The foundation is exclusively organized for tax-exempt purposes under Section 501(c)(3) of the Internal Revenue Code. It is a private foundation that places no religious or financial support requirements on its grant recipients, though it may mandate the use of funds as specified in grant requests or as directed.