Cadence Giving Foundation Inc
Cadence Giving Foundation Inc is a private foundation based in Wilmington, Delaware. Its 2024 filing reports 22 grants totaling $2,228,660, including support for a clean-cooling initiative, university research and programs, and technology-related initiatives.
Cadence Giving Foundation Inc at a glance
In short: Cadence Giving Foundation Inc gave $2.2M across 22 grants in 2024 (avg $101K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,228,660
- -10.7% vs 2023
- Grants made (2024)
- 22
- +144.4% vs 2023
- Average grant
- $101,303
- -63.5% vs 2023
- Median grant
- $41,500
- Total assets
- $39,629,627
- -6.0% vs 2023
- Primary geography
- Massachusetts (56% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Cadence Giving Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Cadence Giving Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Clinton Health Access Initiative Inc ($1.2M). Together the top 10 received $2.1M.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 13 grants of 33 (39%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in Massachusetts (56%) and California (24%). Other reported recipient-state shares were Pennsylvania (5%), Indiana (4%), and New York (3%). These figures describe the locations of grant recipients.
Grant Distribution by State
Share of 2024 grant dollars across all 22 itemized grants.
States
Cities
How Cadence Giving Foundation Inc gives
- 19% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 221% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $400K (2022) to $2.5M (2023). In 2024 it made 22 grants totaling $2.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Clinton Health Access Initiative Inc Boston, MA | Start-Up and Scaling of CHAI's Clean Cooling Initiative | $1,200,000 |
| Regents of the University of California at Berkele Berkeley, CA | Berkeley Wireless Research Center (BWRC) | $200,000 |
| University of California Berkeley Foundation Berkeley, CA | creation of the Cadence Faculty Fellow fund | $200,000 |
| IIT Delhi Endowment Fund US Philadelphia, PA | Foundation for Innovation and Technology Transfer's (FITT) Cadence Innovation Lab | $100,000 |
| Regents of the University of California at Berkele Berkeley, CA | 3 DIC-related technology research by the cyber physical system and design automation (CPSDA) group | $100,000 |
| Purdue University West Lafayette, IN | Elmore Family School of Electrical and Computer engineering to support the consortium on electromagnetics technologies at Purdue (CEMT) | $60,000 |
| ETH Zurich Foundation USA Inc New York, NY | research on digital systems and design | $50,000 |
| Massachusetts Institute of Tech Cambridge, MA | General & Unrestricted | $50,000 |
| Morgan State University Foundation Incorporated Baltimore, MD | Cybersecurity Assurance & Policy Center | $50,000 |
| Stichting Wetlands International | To optimize the availability and timeliness of mangrove loss alerts and integrate additional data on mangrove benefits and mangrove condition maps to facilitate early intervention and restoration efforts | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $39,629,627 | $2,010,100 | $4,526,515 | $2,228,660 | 22 | $4,480,921 | $2,007,250 | $2,028,900 |
| 2023 | $42,146,042 | $16,321,073 | $2,780,509 | $2,495,500 | 9 | $2,776,359 | $1,316,923 | $1,399,473 |
| 2022 | $28,605,478 | $29,158,999 | $553,521 | $400,000 | 2 | $553,521 | $156,999 | $559,245 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing does not state a general mission. Its 2024 grants included support for research in wireless and digital systems, engineering and technology programs, cybersecurity, mangrove monitoring and restoration, and a clean-cooling initiative.
The grantees describe their own missions in varied terms. For example, Clinton Health Access Initiative says it works to save lives and improve health outcomes in low- and middle-income countries by helping governments and the private sector strengthen health systems. The Morgan State University Foundation says it raises and manages private funds to advance the university’s teaching, research, and community outreach. Hidden Genius Project describes its work as training and mentoring Black male youth in technology creation, entrepreneurship, and leadership.
Grantmaking
In 2024, the foundation made 22 grants totaling $2,228,660. Grant amounts ranged from $975 to $1,200,000, with a median of $41,500. The largest grant was $1,200,000 to Clinton Health Access Initiative for the start-up and scaling of its Clean Cooling Initiative. Other large grants included $200,000 each to the Regents of the University of California at Berkeley for the Berkeley Wireless Research Center and to the University of California Berkeley Foundation to create the Cadence Faculty Fellow fund. The IIT Delhi Endowment Fund US received $100,000 for the Foundation for Innovation and Technology Transfer’s Cadence Innovation Lab.
Other 2024 recipients included Purdue University, ETH Zurich Foundation USA, Massachusetts Institute of Technology, Morgan State University Foundation, and the Foundation for NC A&T State University. The Morgan State University Foundation describes its work as advancing Morgan State University’s teaching, research, and community outreach; ETH Zurich Foundation USA describes its purpose as promoting support for science, technology, engineering, and mathematics teaching and research.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing are Anirudh Devgan, director; Jerome Goyhenetche, vice president; Nicole Johnson, president; Tina Jones, director; Yoon Kim, secretary; Nimish Modi, director; KT Moore, treasurer; Sandhya Venkateshan, director; and John Wall, director.
Cadence Giving Foundation Inc is led by Nicole Johnson, President on every filing since 2022; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Nicole Johnson
President
On filings since 2022
1 hr/week
No compensation reported
Anirudh Devgan
Director
On filings since 2021
1 hr/week
No compensation reported
John Wall
Director
On filings since 2021
1 hr/week
No compensation reported
Sandhya Venkateshan
Director
Treasurer → Director, 2022
On filings since 2021
1 hr/week
No compensation reported
Tina Jones
Director
On filings since 2021
1 hr/week
No compensation reported
Nimish Modi
Director
On filings since 2023
1 hr/week
No compensation reported
Jerome Goyhenetche
Vice President
On filings since 2021
1 hr/week
No compensation reported
Yoon Kim
Secretary
On filings since 2021
1 hr/week
No compensation reported
KT Moore
Treasurer
Treasurer & Trustee → Treasurer, 2024
On filings since 2023
1 hr/week
No compensation reported
Former officers (1)
- Former: Annamarie Dunn (2021–2022) — President
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Cadence Giving Foundation Inc
How much does Cadence Giving Foundation Inc give each year?
Cadence Giving Foundation Inc gave $2.2M across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.5M across 9 grants.
What is Cadence Giving Foundation Inc's typical grant size?
Cadence Giving Foundation Inc's median grant in 2024 was $41,500, and its average grant was $101,303, across 22 grants on its 2024 IRS Form 990-PF.
Where does Cadence Giving Foundation Inc give grants?
Cadence Giving Foundation Inc gives mostly in Massachusetts: 56% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were California (24%) and Pennsylvania (5%). The most frequent recipient cities were Berkeley, CA (3 grants) and New York, NY (3 grants).
Does Cadence Giving Foundation Inc give general operating support?
Yes: 32% of Cadence Giving Foundation Inc's 2024 grants with a stated purpose (7 of 22) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Cadence Giving Foundation Inc's largest grantees?
Cadence Giving Foundation Inc's largest 2024 grantees include Clinton Health Access Initiative Inc ($1,200,000), Regents of the University of California at Berkele ($300,000 across 2 grants) and University of California Berkeley Foundation ($200,000), according to its 2024 IRS Form 990-PF. Together they received 76% of its itemized 2024 grant dollars.
How large is Cadence Giving Foundation Inc?
Cadence Giving Foundation Inc reported $39.6M in total assets on its 2024 IRS Form 990-PF. It paid out $4.5M in qualifying distributions that year, against a required minimum of $2.0M (roughly 5% of its investment assets).
What does Cadence Giving Foundation Inc fund?
The foundation’s filing does not state a general mission. Its 2024 grants included support for research in wireless and digital systems, engineering and technology programs, cybersecurity, mangrove monitoring and restoration, and a clean-cooling initiative. See mission & focus areas ↑
How do I apply for a grant from Cadence Giving Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Cadence Giving Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). Cadence Giving Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/cadence-giving-foundation-inc-morg_897ebec49ad847b08e074b525754643b
BibTeX
@misc{grantable_874111764_2026,
author = {{Grantable}},
title = {{Cadence Giving Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/cadence-giving-foundation-inc-morg_897ebec49ad847b08e074b525754643b},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Cadence Giving Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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