Cambridge Charitable Foundation FY2022 filing

Cincinnati, OH · Public foundation / grantmaker · Since 2005 · Foundations & Grantmakers

✓ Tax-deductible Latest data FY2022
Revenue
$6.8M
▲ +69% vs prior year
Spent
$6.8M
To programs
90%
Net assets
$46.4M
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Figures match the IRS filing checked 8/13/26 · see original: IRS

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Spetner Family Charitable Foundation INC
$6K in the latest grant year.
Spent on programs?
90% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
↑ +69% vs prior year
Legal name (IRS)Hdr · item CCambridge Charitable Foundation
EINHdr · item D20-1938332
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2005
Year of formationHdr · item L2005
Latest filingForm 990FY2024 · Form 990-T
Principal addressHdr · item CCincinnati, OH
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
WebsiteHdr · item Jwww.cambridgefoundation.com

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.08 Fundraising $0.03
Program services90%$6.1M
Management & general8%$533K
Fundraising3%$177K
Total functional expensesLn 25$6.8M

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$6.8M
FY2022▲ +69%
Expenses
$6.8M
FY2022▲ +40%

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Total assets
$46.4M
FY2022▼ -10%
Total liabilities
$0
FY2022
Revenue less expensesPt I · Ln 19−$49K
Total assetsPt X · Ln 16$46.4M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 42

Balance Sheet

Part X · end of year
CashLn 1$2.8M
Total assetsLn 16$46.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$46.4M
Months of cash on handcomputed5.0

Statement of Revenue

Part VIII
Contributions & grants$4.8M · 71%
Investment income$1.8M · 26%
Other revenue$182K · 3%
Contributions & grants71%$4.8M
Investment income26%$1.8M
Other revenue3%$182K
Total revenueLn 12$6.8M

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & Trustee
$0Pt VII · Sec A
Sec, Treas & Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cambridge Charitable Foundation executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Mission and programs

Provides grants and builds permanent endowments to support arts, education, healthcare, human services, and environmental organizations in the greater Cincinnati, Ohio region.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $6.1M of program spending, described in the organization's own filed words · FY2022.
01

The sole program service of the foundation is to provide grants to various charitable organizations that meet certain criteria and are approved by the foundations' board members.

$6.1Mprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$6K
Grants paid · 391 grants · $29.6M · 2020–2024
Mesivta of CincinnatiOH · FY2024$2,493,700
Ohr Torah CincinnatiOH · FY2024$2,090,160
Cincinnati Community KollelOH · FY2024$1,162,668
Kneseth Israel CongregationOH · FY2024$787,505
Agudath Achim of CincinnatiOH · FY2024$499,900
Camp Ashreinu of CincinnatiOH · FY2024$309,827
Congregation Zichron EliezerOH · FY2024$127,450
Lawrence SchoolOH · FY2024$126,000
Agudath Israel of AmericaNY · FY2024$118,000
Mesorah Heritage FoundationNJ · FY2024$80,000
Torah Community Fund INCNJ · FY2024$75,600
See all 391 grants →

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $9.4M$10.9M+113% 990 PDF
FY2023 $4.4M$6.6M-35% 990 PDF
FY2022 Viewing $6.8M$6.8M+69% 990 PDF
FY2021 $4.0M$4.9M-56% 990 PDF
FY2020 $9.1M$5.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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