Cdm Foundation Inc

SOUTH BEND, IN EIN: 36-3656304

CDM Foundation Inc is a private foundation established in 1989, located in South Bend, Indiana. The foundation operates as a family foundation with a focus on charitable, educational, religious, and general causes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-0.1% YoY

Annual Giving

$311K

+7.2% YoY

Grant Count

94

+6.8% YoY

Avg Grant Size

$3K

+0.4% YoY

Under IRS private-foundation payout rules, Cdm Foundation Inc reported a distributable amount of $236K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary giving areas include:

  • Arts
  • Education
  • Health and human services

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation operates primarily in Indiana, with headquarters in South Bend. Grant recipients have included organizations in Michigan and other regions.

Grant Distribution by State

24states
+16 more states

Cities

AngwinArlingtonAshlandBoulderBrooklynBurlingameCambridgeChicagoCincinattiColumbia FallsConcordDavidsonDekalbDenverDurhamEmnisEvanstonFishersGaithersburgGeneva

Financial History

Multi-year comparison from IRS filings

2024 Financial Summary

  • Total assets: $1,762,076
  • Total revenues: $363,203
    • Grants and contributions: $79,573
    • Investment income and dividends: $117,816
  • Total expenses: $364,319
  • Number of employees: 0

IRS Classification

  • EIN: 36-3656304
  • Type: 501(c)(3) private foundation
  • NTEE code: T20 (Private Foundations)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$105K$209K$314K$419K20202021202220232024
Metric202420232022
Total Assets$1,762,076$1,763,192$1,803,329
Revenue$363,203$302,321$367,148
Expenses$364,319$342,458$380,711
Qualifying Distributions$352,523$331,136$330,000
Net Investment Income$274,430$212,630$241,336
Distributable Amount$236,346$217,568$209,462

Giving Over Time

Total grant dollars and number of grants per year

$0$83K$165K$248K$330K87 grants202090 grants202195 grants202288 grants202394 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ATWILL MEMORIAL CHAPEL$22KMEDLEND$14KLEELANAU CONSERVANCY$13KJOHN SHEDD AQUARIUM$10KCHINOOK FUND$10KHOTCHKISS SCHOOL$9KMCLAREN NORTHERN MI HOSP…$9KMCKEE BOTANICAL GARDEN$8KKENILWORTH UNION CHURCH$7KLITTLE TRAVERSE CONSERVA…$7K

Grant Size Distribution

250 grants across all recorded years

250<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Atwill Memorial Chapel ($21,750), Medlend ($14,000), Leelanau Conservancy ($12,750).

RecipientPurposeAmount
ALLIANCE OF GENERATIONS ASHLAND, ORGENERAL SUPPORT$1,000
AMERICAN RED CROSS WASHINGTON, DCGENERAL SUPPORT$1,000
ART INSTITUTE OF CHICAGO CHICAGO, ILGENERAL SUPPORT$500
ASIAN AMERICANS ADVANCING CHICAGO, ILGENERAL SUPPORT$1,000
ATWILL MEMORIAL CHAPEL NORTHPORT, MIGENERAL SUPPORT$21,750
BALLET VERO BEACH VERO BEACH, FLGENERAL SUPPORT$2,000
BISSEL PET FOUNDATION GRAND RAPIDS, MIGENERAL SUPPORT$1,950
BLACK SHEEP CROSSING NORTHPORT, MIGENERAL SUPPORT$3,000
CENTER FOR ENRICHED LIVING RIVERWOODS, ILGENERAL SUPPORT$3,000
CHICAGO BOTANIC GARDEN GLENCOE, ILGENERAL SUPPORT$1,250

Leadership & Key People

Leadership team and compensation from IRS filings

  • Co-chair: Joe Stefano (noted in relation to The CDM Foundation in Newport Beach, CA)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ANNE D WALLACEPRESIDENT/DIRECTOR1
DONALD M RIGGSTREASURER5
JAMES G HARTDIRECTOR5
WALTER W BELLSECRETARY/DIRECTOR1
JOHN VN MCCLUREVP/DIRECTOR1

Frequently Asked Questions

What does Cdm Foundation Inc fund?

The foundation's primary giving areas include: • Arts • Education • Health and human services

How do I apply for a grant from Cdm Foundation Inc?

**Grant Activity (2024)** • Total grants made: 95 grants • Total giving: $311,000 • Recent notable grants include: • Atwill Memorial Chapel Association: $21,750 (General Support) • New Vision Community Development Corporation: $19,000 (General Support) • Leelanau Conservancy: $12,750 (General Support) **Financial Capacity** • Total assets (2024): $1,762,076 • Total revenues (2024): $363,203 • Total expenses (2024): $364,319

Where does Cdm Foundation Inc make grants?

The foundation operates primarily in Indiana, with headquarters in South Bend. Grant recipients have included organizations in Michigan and other regions.

What size grants does Cdm Foundation Inc award?

In 2024, Cdm Foundation Inc awarded 94 grants totaling $311K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Cdm Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cdm Foundation Inc reported a distributable amount of $236K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cdm Foundation Inc's EIN?

Cdm Foundation Inc's EIN (Employer Identification Number) is 36-3656304. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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