"The members of the Casey family have from the beginning intended that the principal purpose of the Annie E. Casey Foundation would be to support needy children in foster homes," Jim Casey wrote around 1947. Casey, who founded UPS, was worried about impoverished children, particularly orphans. He set up his foundation in 1948, and as of 2023, the endowment was valued at $3.4 billion. Though he noted at the time that "the Foundation does not support care for children as its exclusive purpose,"