Cordes Foundation

Analysis

Cordes Foundation is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in November 2025. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cordes Foundation reported income of $93k and spending of $546k, spending 585% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $178k to $93k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 159%. Over the whole period it spent 226% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cordes Foundation sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within MD. Charities of a similar size with the same main cause include Montgomery Lions Club Community Foundation Inc ($93k), Pizza Oven Charities Inc ($93k) and Finch College Alumni Association Foundation ($93k).

At year end it held assets of $9.2m against liabilities of -$14k, net assets of $9.2m.