Cadence Giving Foundation Inc
Cadence Giving Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $39.6M in total assets. In 2024, it awarded 22 grants totaling $2.2M. Net investment income was $2.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$39.6M
-6.0% YoY
Annual Giving
$2.2M
-10.7% YoY
Grant Count
22
+144.4% YoY
Avg Grant Size
$101K
-63.5% YoY
Under IRS private-foundation payout rules, Cadence Giving Foundation Inc reported a distributable amount of $2.0M for 2024 — the minimum it must pay out in qualifying distributions.
About Cadence Giving Foundation Inc
Based on IRS filings
Cadence Giving Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $39.6M in total assets. In 2024, it awarded 22 grants totaling $2.2M. Net investment income was $2.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $39,629,627 | $42,146,042 | $28,605,478 |
| Revenue | $2,010,100 | $16,321,073 | $29,158,999 |
| Expenses | $4,526,515 | $2,780,509 | $553,521 |
| Qualifying Distributions | $4,480,921 | $2,776,359 | $553,521 |
| Net Investment Income | $2,007,250 | $1,316,923 | $156,999 |
| Distributable Amount | $2,028,900 | $1,399,473 | $559,245 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Clinton Health Access Initiative Inc ($1,200,000), Regents of the University of California at Berkele ($200,000), University of California Berkeley Foundation ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN HEART ASSOCIATION SANTA BARBARA, CA | General & Unrestricted | $5,000 |
| CARNEGIE MELLON UNIVERSITY PITTSBURGH, PA | General & Unrestricted | $20,000 |
| CLINTON HEALTH ACCESS INITIATIVE INC BOSTON, MA | Start-Up and Scaling of CHAI's Clean Cooling Initiative | $1,200,000 |
| ETH ZURICH FOUNDATION USA INC NEW YORK, NY | research on digital systems and design | $50,000 |
| FOTC - SF BAY AREA SAN FRANCISCO, CA | Charitable Event | $5,000 |
| GENERATION - YOU EMPLOYED INC WASHINGTON, DC | General & Unrestricted | $975 |
| IIT DELHI ENDOWMENT FUND US PHILADELPHIA, PA | Foundation for Innovation and Technology Transfer's (FITT) Cadence Innovation Lab | $100,000 |
| LAST MILE EDUCATION FUND LAFAYETTE, CO | General & Unrestricted | $4,724 |
| MASSACHUSETTS INSTITUTE OF TECH CAMBRIDGE, MA | General & Unrestricted | $50,000 |
| MORGAN STATE UNIVERSITY FOUNDATION INCORPORATED BALTIMORE, MD | Cybersecurity Assurance & Policy Center | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Anirudh Devgan | Dir | 1 | — |
| Jerome Goyhenetche | VP | 1 | — |
| Nicole Johnson | Pres | 1 | — |
| Tina Jones | Dir | 1 | — |
| Yoon Kim | Sec | 1 | — |
| Nimish Modi | Dir | 1 | — |
| KT Moore | Treas | 1 | — |
| Sandhya Venkateshan | Dir | 1 | — |
| John Wall | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cadence Giving Foundation Inc?
Cadence Giving Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $39.6M in total assets as of 2024.
How large is Cadence Giving Foundation Inc?
As of 2024, Cadence Giving Foundation Inc holds $39.6M in total assets with $2.0M in annual revenue. It awarded 22 grants totaling $2.2M in 2024.
Where does Cadence Giving Foundation Inc operate?
Cadence Giving Foundation Inc has awarded grants in California, Colorado, District of Columbia, Georgia, Illinois, Indiana, Massachusetts, Maryland, Missouri, North Carolina, New York, Ohio, Pennsylvania, Texas, Virginia.
What size grants does Cadence Giving Foundation Inc award?
In 2024, Cadence Giving Foundation Inc awarded 22 grants totaling $2.2M — an average of about $101K per grant, based on its IRS Form 990 filings.
How much is Cadence Giving Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cadence Giving Foundation Inc reported a distributable amount of $2.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cadence Giving Foundation Inc's EIN?
Cadence Giving Foundation Inc's EIN (Employer Identification Number) is 87-4111764. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Cadence Giving Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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