The Cades Foundation
The Cades Foundation is a private foundation based in Honolulu, Hawaii. In 2024, it gave $710,920 through 61 grants, supporting organizations including food banks, legal services, arts and cultural groups, and educational institutions.
The Cades Foundation at a glance
In short: The Cades Foundation gave $711K across 61 grants in 2024 (avg $12K), mostly in Hawaii. 11% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $710,920
- +3.7% vs 2023
- Grants made (2024)
- 61
- +7.0% vs 2023
- Average grant
- $11,654
- -3.1% vs 2023
- Median grant
- $7,500
- Total assets
- $14,134,354
- +3.8% vs 2023
- New grantees (estimate)
- 11% first-time grantees (7 of 61, 2024)
- Primary geography
- Hawaii (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Cades Foundation
- How to Apply
-
The foundation does not restrict giving to preselected organizations. It lists E Gunner Schull ESQ as the contact, specifies no standard format for applications or materials, and lists no restrictions on awards.
- Contact
Application contact: E Gunner Schull Esq
Mailing address: 1000 Bishop St Suite 1500, Honolulu, HI 96813
Phone: (808) 521-9200
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Cades Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Hawaii Food Bank ($50K). Together the top 10 received $325K.
Organizations only. It also paid 1 individual scholarship ($15,000), which are not listed by name.
Grant Size Distribution
286 grants across all recorded years
The most common grant size was under $50K: 279 grants of 286 (98%).
Geographic Focus
Where this funder awards grants
The 2024 grant data reports that 100% of grant dollars went to recipients in Hawaii and less than 1% to recipients in Illinois.
Grant Distribution by State
Share of 2024 grant dollars across all 61 itemized grants.
Cities
Is The Cades Foundation open to new grantees?
11%
first-time grantees, 2024
In 2024, 7 of 61 grantees (11%) were first-time recipients. First grants averaged $4K; repeat grants $13K. How we count
Medians: $5K first-time, $10K repeat.
- 89% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+15%). Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2020 to 2024, annual grant giving ranged from $600K (2020) to $757K (2022). In 2024 it made 61 grants totaling $711K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hawaii Food Bank Honolulu, HI | Unrestricted Gift | $50,000 |
| University of Hawaii Foundation - Law School Honolulu, HI | Law School Scholarship Fund | $50,000 |
| Volunteer Legal Services Hawaii Honolulu, HI | Unrestricted Gift | $40,000 |
| Institute for Human Services Honolulu, HI | Unrestricted Gift | $35,000 |
| Ballet Hawaii Honolulu, HI | Unrestricted Gift | $25,000 |
| Hawaii Contemporary Honolulu, HI | Unrestricted Gift | $25,000 |
| Hawaii Public Radio Honolulu, HI | Unrestricted Gift | $25,000 |
| Hawaii Youth Symphony Association Honolulu, HI | Unrestricted Gift | $25,000 |
| Maui Food Bank Inc Wailuku, HI | Unrestricted Gift | $25,000 |
| Mid-Pacific Institute Honolulu, HI | Unrestricted Gift | $25,000 |
Ready to take the next step with The Cades Foundation?
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 | $14,134,354 | $1,368,904 | $846,393 | $710,920 | 61 | $755,192 | $1,279,861 | $793,220 |
| 2023 | $13,611,843 | $720,657 | $813,217 | $685,655 | 57 | $728,903 | $632,118 | $728,472 |
| 2022 | $13,704,403 | $632,444 | $911,016 | $757,443 | 57 | $800,778 | $544,046 | $755,789 |
| 2021 | $13,982,975 | $2,312,551 | $764,364 | $618,000 | 57 | $661,449 | $1,569,904 | $799,811 |
| 2020 | $12,434,788 | $1,105,731 | $738,265 | $600,000 | 54 | — | $1,029,144 | $661,815 |
Under IRS private-foundation payout rules, The Cades Foundation reported a distributable amount of $793K 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
No mission statement for the foundation is provided. Its 2024 grants included support for organizations working in food assistance, legal services, youth music, dance, education, public radio, and theater. For example, Volunteer Legal Services Hawaii says its mission is to connect people in need with attorneys willing to provide services without charge. Maui Food Bank says it helps address hunger in Maui County by collecting and distributing food through community partnerships. Ballet Hawaii says its mission is to teach, present, produce, and promote dance in Hawaii.
Grantmaking
In 2024, the foundation made 61 grants totaling $710,920. Grants ranged from $1,000 to $50,000, with a median grant of $7,500. The largest grants included $50,000 to Hawaii Food Bank for an unrestricted gift and $50,000 to the University of Hawaii Foundation – Law School for its Law School Scholarship Fund. Other notable awards included $40,000 to Volunteer Legal Services Hawaii, $35,000 to Institute for Human Services, and $25,000 each to Ballet Hawaii, Hawaii Contemporary, Hawaii Public Radio, Hawaii Youth Symphony Association, Maui Food Bank, Mid-Pacific Institute, and The Food Basket.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists E Gunner Schull as Director/President; Michele S Loudermilk as Director/VP/Secretary; Rhonda Griswold as Director/VP/Treasurer; Larry Takumi as Director/VP; and Vito Galati and Trever K Asam as Directors.
The Cades Foundation is led by E Gunner Schull, Director & President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
E Gunner Schull
Director & President
On filings since 2020
6 hrs/week
No compensation reported
Larry Takumi
Director & Vice President
Director & Vice President → Director & President, 2022
Director & President → Director & Vice President, 2024
On filings since 2020
No compensation reported
Rhonda Griswold
Director, Vice President & Treasurer
On filings since 2020
No compensation reported
Michele S Loudermilk
Director, Vice President & Secretary
Director, Vice President & Sec'y → Director, Vice President & Secretary, 2024
On filings since 2021
No compensation reported
Trever K Asam
Director
New on the 2024 filing
No compensation reported
Vito Galati
Director
New on the 2024 filing
No compensation reported
Former officers (1)
- Former: Marc Rousseau (2020) — Director, Vice President & Sec'y
Data from IRS Form 990 filings, 2020–2024. "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 The Cades Foundation
How much does The Cades Foundation give each year?
The Cades Foundation gave $711K across 61 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $686K across 57 grants.
What is The Cades Foundation's typical grant size?
The Cades Foundation's median grant in 2024 was $7,500, and its average grant was $11,654, across 61 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Cades Foundation that year got $4K on average.
Where does The Cades Foundation give grants?
The Cades Foundation gives mostly in Hawaii: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Honolulu, HI (51 grants) and Kailua, HI (2 grants).
Does The Cades Foundation give general operating support?
Yes: 95% of The Cades Foundation's 2024 grants with a stated purpose (58 of 61) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Cades Foundation's largest grantees?
The Cades Foundation's largest 2024 grantees include Hawaii Food Bank ($50,000), University of Hawaii Foundation - Law School ($50,000) and Volunteer Legal Services Hawaii ($40,000), according to its 2024 IRS Form 990-PF. It also paid 1 individual scholarship ($15,000), which are not listed by name. Together they received 20% of its itemized 2024 grant dollars.
How large is The Cades Foundation?
The Cades Foundation reported $14.1M in total assets on its 2024 IRS Form 990-PF. It paid out $755K in qualifying distributions that year, against a required minimum of $793K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Cades Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for organizations working in food assistance, legal services, youth music, dance, education, public radio, and theater. See mission & focus areas ↑
How do I apply for a grant from The Cades Foundation?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Cades Foundation's EIN?
The Cades Foundation's EIN (Employer Identification Number) is 99-0285922. IRS Form 990 filing data is available on this page for 2020–2024.
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 2020–2024
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Cite this profile
Grantable. (2026). The Cades Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-cades-foundation-morg_a90fd92d57ce409d92ea496c4d902c8f
BibTeX
@misc{grantable_990285922_2026,
author = {{Grantable}},
title = {{The Cades Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-cades-foundation-morg_a90fd92d57ce409d92ea496c4d902c8f},
note = {Accessed 2026-10-14. 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 The Cades Foundation'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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