Cardinal Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAYTON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $518K in total assets. In 2024, it awarded 4 grants totaling $605K. Net investment income was $94K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$518K
-39.2% YoY
Annual Giving
$605K
-10.0% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$151K
+12.5% YoY
Under IRS private-foundation payout rules, Cardinal Foundation reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.
About Cardinal Foundation
Based on IRS filings
Cardinal Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAYTON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $518K in total assets. In 2024, it awarded 4 grants totaling $605K. Net investment income was $94K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $517,615 | $851,489 | $346,807 |
| Revenue | $276,267 | $1,185,904 | $1,791,861 |
| Expenses | $610,141 | $679,952 | $1,503,582 |
| Qualifying Distributions | $605,000 | $672,500 | $1,499,356 |
| Net Investment Income | $93,806 | $239,543 | $396,766 |
| Distributable Amount | $33,343 | $18,869 | $24,613 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ronald Mcdonald House Charities ($270,000), Chaminade Julienne Catholic High School ($265,000), Delta Gamma Center for Children ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHAMINADE JULIENNE CATHOLIC HIGH SCHOOL DAYTON, OH | EDUCATION | $265,000 |
| DELTA GAMMA CENTER FOR CHILDREN ST LOUIS, MO | EDUCATION | $50,000 |
| JOHN BURROUGHS SCHOOL ST LOUIS, MO | EDUCATION | $20,000 |
| RONALD MCDONALD HOUSE CHARITIES DAYTON, OH | HEALTH AND HUMAN SERVICES | $270,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS D MACLEOD | PRESIDENT | 1 | — |
| BARBARA B MACLEOD | TRUSTEE | 1 | — |
| FREDERICK J CASPAR ESQ | ASST. SECRETARY & TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cardinal Foundation?
Cardinal Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAYTON, OH. It holds $518K in total assets as of 2024.
How large is Cardinal Foundation?
As of 2024, Cardinal Foundation holds $518K in total assets with $276K in annual revenue. It awarded 4 grants totaling $605K in 2024.
Where does Cardinal Foundation operate?
Cardinal Foundation has awarded grants in Missouri, Montana, New York, Ohio.
What size grants does Cardinal Foundation award?
In 2024, Cardinal Foundation awarded 4 grants totaling $605K — an average of about $151K per grant, based on its IRS Form 990 filings.
How much is Cardinal Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cardinal Foundation reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cardinal Foundation's EIN?
Cardinal Foundation's EIN (Employer Identification Number) is 31-1681353. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cardinal Foundation'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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