Cade Foundation is located in Savage, MN. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cade Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cade Foundation generated $100.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Cade Foundation has awarded 30 individual grants totaling $393,268. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Cade Trustee | 0 | $0 | |
Brian Cade Trustee | 0 | $0 | |
Julie Nelson Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27 |
| Dividends & Interest | $19,560 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,576 |
| Capital Gain Net Income | $80,576 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,163 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,649 |
| Total operating and administrative expenses | $13,894 |
| Contributions, gifts, grants paid | $2,275,827 |
| Total expenses and disbursements | $2,289,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Cade Foundation has awarded $132,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ANGEL FOUNDATION PURPOSE: GENERAL ASSISTANCE | $15,000 |
CANCER LEGAL CARE PURPOSE: GENERAL ASSISTANCE | $5,000 |
MINNESOTA OVARIAN CANCER ALLIANCE PURPOSE: GENERAL ASSISTANCE | $37,500 |
PINKY SWEAR FOUNDATION PURPOSE: GENERAL ASSISTANCE | $5,000 |
OVARIAN CANCER NATIONAL ALLIANCE PURPOSE: GENERAL ASSISTANCE | $10,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: GENERAL ASSISTANCE | $5,000 |