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Jim Casey, the founder of United Parcel Service, established Casey Family Programs in 1966. When UPS went public in 1997, the Casey Programs’ endowment rose from $700 million to over $2 billion. Casey Family Programs decided to use the new resources to create a new foundation focused on grantmaking. The foundation was named after Jim Casey’s sister, Marguerite. The foundation is led by Luz Vega-Marquis, who was named president in 2001.