NonprofitsCadet Foundation

Youth Development

Cadet Foundation

YORKTOWN, VA

Total revenue

$45K

Total expenses

$17K

Net assets

$88K

Grants received

$3K

3 grants

EIN

871333054

Tax year

2024

Mission

The Cadet Foundation operates and publishes The Cadet newspaper as the independent voice of the VMI Corps of Cadets and Alumni since its creation in 1871, its transition to a newspaper format in 1907, and today. Our mission is to support the journalistic pursuits in publishing the student-produced and alumni supported medium of news and information by cadets and alumni in continuing the positive and proud tradition and enhance the bonds between these two essential groups. The interaction will enhance the academic, military, intellectual and professional development experiences of its cadet members interested in careers in journalism or related fields as well as offer leadership opportunities to practice academic, military, and personal skills. The Cadet Foundation also supports other programs that directly benefit Cadets and their working with alumni that are nominated by Cadets and alumni to meet the Foundation's mission.

Financials

FY 2024

Revenue

Contributions & grants$45K
Program service revenue
Investment income
Other revenue
Total revenue$45K

Expenses

Grants paid$3K
Salaries & benefits
Fundraising
Other expenses$14K
Total expenses$17K
Total assets$88K
Net assets$88K

People

4 listed

NameRoleCompensation

James Mansfield

Director

Board

3 hrs/wk

Debora Hansen

Secretary

Board

15 hrs/wk

Robert Morris

President and Treasurer

Board

30 hrs/wk

Richie O'Connell

Board Member

Board

20 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$1K
GENERAL FUND
2023
$1K
GENERAL FUND
2023
$1K
GENERAL FUND
2022

Funded by

$3K from 2 funders · 3 grants · 2022–2023

Carneal Drew Foundation

$2K · 2 grants · 2022–2023

Basis Endowment Foundation

$1K · 1 grant · 2023

Details

EIN871333054
NTEE codeO50
Subsection03
Ruling date2021-09
CADET FOUNDATION — Mission, Financials & Grants Received | Grantivo