Cadman Foundation

The Cadman Foundation is a U.S.-based nonprofit organization categorized under the Human Services sector with specific focus areas including multipurpose and adoption efforts. It is designated as a 501(c)(3) organization for purposes such as religious, educational, charitable, scientific, and literary activities, among others[1].

Organization Summary

• Type of Nonprofit: The Cadman Foundation operates under the category of Human Services — Multipurpose and Other, with its NTEE classification focusing on adoption. This designation aligns with a broad range of activities that contribute to the welfare of society[1].

• Revenues and Operations: The foundation primarily relies on contributions to sustain its operations. In recent years, contributions have constituted the majority of its total revenue. For instance, in the fiscal year ending December 2022, contributions accounted for 88.4% of its total revenue, followed by program services at 11.6%[1].

• Compensation and Governance: The organization's key employees and officers, including Julie Cadman, Dana Cadman, and several directors, do not receive any compensation. This indicates a focus on volunteer-driven governance and operational management[1].

Financial Overview

Despite its small asset base, the Cadman Foundation maintains zero liabilities, ensuring financial stability in terms of debt management. The organization's financial data reflect a reliance on contributions to drive its activities and programs[1].

Community Impact

Though specific details about the Cadman Foundation's community activities are not widely documented, its categorization as a multipurpose human services organization suggests a focus on providing essential support services to communities in need.

However, without more detailed information on its projects or beneficiary groups, it is challenging to assess the full scope of its impact.

Contributions and Donations

Donations to the Cadman Foundation are tax-deductible, which may encourage support from individuals and entities seeking to contribute philanthropically[1].

Given its classification as a charitable organization, it likely plays a role in addressing social needs through its adoption-focused and other multipurpose human services initiatives.