Richard J Madden Foundation

Organization Overview

Richard J Madden Foundation is located in Zelienople, PA. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Richard J Madden 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, Richard J Madden Foundation generated $98.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $99.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Richard J Madden Foundation has awarded 74 individual grants totaling $662,844. 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 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Richard J Madden
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $98,100
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $98,100

Grants Awarded

Over the last fiscal year, Richard J Madden Foundation has awarded $98,742 in support to 12 organizations.

Grant RecipientAmount

UNIVERSITY OF PITTSBURGH- THOMAS H MADDEN SCHOLARSHIP

PURPOSE: EDUCATIONALSCHOLARSHIPS

$35,000

DUQUESNE UNIVERSITY - SANTORO SCHOLARSHIP

PURPOSE: EDUCATIONALSCHOLARSHIPS

$16,614

PENN STATE UNIVERSITY - POTTER SCHOLARSHIP

PURPOSE: EDUCATIONAL SCHOLARSHIP

$11,250

PITTSBURGH CULTURAL TRUST

PURPOSE: AWARENESS OF ARTSIN PITTSBURGH

$10,000

OHIO UNIVERSITY - CAMPBELL SCHOLARSHIP

PURPOSE: EDUCATIONALSCHOLARSHIPS

$9,003

UNIVERSITY OF PITTSBURGH (MISC SCHOLARSHIP)

PURPOSE: EDUCATIONAL SCHOLARSHIP

$6,250
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