Cordes Foundation

Organization Overview

Cordes Foundation is located in Bethesda, MD. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cordes Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Cordes Foundation generated $582.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $437.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Cordes Foundation has awarded 117 individual grants totaling $2,152,567. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE GRANTS TO NONPROFIT ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORDES FOUNDATION CONNECTS SOCIAL ENTREPRENEURS WITH THE RIGHT RESOURCES AND STAKEHOLDERS, CONVENES EVENTS THAT ENHANCE AND STRENGTHEN THE IMPACT INVESTING AND SOCIAL ENTREPRENEURIAL ECOSYSTEMS AND CATALYZES 100% OF OUR BALANCE SHEET TO ELEVATE THE ROLE OF WOMEN GLOBALLY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Gabe Diclerico
Secretary & Treasurer
$0
Ronald Cordes
President
$0
Marty Cordes
Vice-President
$0
Eric Stephenson
Co-Chair
$0
Steph Stephenson
Co-Chair
$0
Tim Freundlich
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $131,818
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $450,810
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $582,628

Grants Awarded

Over the last fiscal year, Cordes Foundation has awarded $310,000 in support to 10 organizations.

Grant RecipientAmount

New York, NY

PURPOSE: GENERAL SUPPORT

$70,000

CREATING HOPE INTERNATIONAL

Org PageRecipient Profile

Dearborn, MI

PURPOSE: GENERAL SUPPORT

$50,000

San Francisco, CA

PURPOSE: GENERAL SUPPORT

$40,000

Niwot, CO

PURPOSE: GENERAL SUPPORT

$25,000

GLOBAL FUND TO END MODERN SLAVERY

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$25,000

INDEGO AFRICA PROJECT

Org PageRecipient Profile

Long Island City, NY

PURPOSE: GENERAL SUPPORT

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Cordes Foundation has recieved totaling $36,172.

Awarding OrganizationAmount
Impactassets Inc

Bethesda, MD

PURPOSE: GENERAL OPERATING SUPPORT

$36,172
View Grant Recipient Profile

Create an account to unlock the data you need.

or