The Cade Foundation
The Cade Foundation is a private foundation, based in Savage, MN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grant totaling $2.3M. Net investment income was $99K.
The Cade Foundation at a glance
In short: The Cade Foundation gave $2.3M across 1 grant in 2021 (avg $2.3M), mostly in Massachusetts. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $2,275,827
- +1617.6% vs 2020
- Grants made (2021)
- 1
- -87.5% vs 2020
- Average grant
- $2,275,827
- +13640.8% vs 2020
- Median grant
- $2,275,827
- Primary geography
- Massachusetts (100% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who The Cade Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2021
The largest 2021 recipient was Fidelity Investments Charitable Gift Fund ($2.3M).
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 8 grants of 9 (89%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2021 grant dollars on its one itemized grant.
Cities
How The Cade Foundation gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $133K (2020) to $2.3M (2021). In 2021 it made 1 grant totaling $2.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund Boston, MA | General Assistance | $2,275,827 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2021 | — | $100,163 | $2,289,721 | $2,275,827 | 1 | $2,275,827 | $98,918 | $88,692 |
| 2020 | $2,189,558 | $31,289 | $156,666 | $132,500 | 8 | — | $14,585 | $117,624 |
Under IRS private-foundation payout rules, The Cade Foundation reported a distributable amount of $89K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Cade Foundation's 2021 filing lists 3 officers; none of the 3 officers listed in 2021 report compensation.
Officers on the 2021 filing
Brian Cade
Trustee
On filings since 2020
No compensation reported
Joseph Cade
Trustee
On filings since 2020
No compensation reported
Julie Nelson
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "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 The Cade Foundation
How much does The Cade Foundation give each year?
The Cade Foundation gave $2.3M across 1 grant in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $133K across 8 grants.
Where does The Cade Foundation operate?
The Cade Foundation has awarded grants in District of Columbia, Massachusetts, Minnesota, Tennessee.
How much is The Cade Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, The Cade Foundation reported a distributable amount of $89K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cade Foundation's EIN?
The Cade Foundation's EIN (Employer Identification Number) is 39-1570749. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
- IRS filings on file for fiscal years 2020–2021
Explore Open Grants
Browse active grant opportunities in The Cade Foundation's focus areas in our free grants database
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