Rafael Madan & Lilian Casas Foundation
- Assets
- $1.4m
- Revenue
- $156.4k
- Investments
- $1.1m
- Employees
- 0
- Location
- Oakton, VA
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 26-0027349
Organization Overview
Rafael Madan & Lilian Casas Foundation is located in Oakton, VA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Rafael Madan & Lilian Casas 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 12/2022, Rafael Madan & Lilian Casas Foundation generated $156.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $117.3k during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rafael Madan & Lilian Casas Foundation has awarded 173 individual grants totaling $352,800. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT CHARITABLE ACTIVITIES CONSISTED OF DONATIONS MADE TO VARIOUS ROMAN CATHOLIC CHURCH ORGANIZATIONS AND AFFILIATED OR OTHER CHARITABLE ORGANIZATIONS - SEE ATTACHED SCHEDULE OF GRANTS MADE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Madan Salas Director & Sec Treas | 3 | $2,500 | |
Gisela Madan Trujillo Director & Asst Sec Treas | 0.25 | $0 | |
Francisco S Madan Director | 0.25 | $0 | |
Amando R Madan Director & Vice-Presient | 0.25 | $0 | |
Lilian C Madan Director & President | 0.25 | $0 | |
Rafael A Madan Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $179,425 |
| Interest on Savings | $31 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,047 |
| Capital Gain Net Income | $3,321 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $156,409 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,044 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $240 |
| Total operating and administrative expenses | $3,784 |
| Contributions, gifts, grants paid | $113,550 |
| Total expenses and disbursements | $117,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $297,861 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $30,000 |
| Total assets | $1,389,998 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $113,550 |
| Total liabilities | $113,550 |
Grants Awarded
Over the last fiscal year, Rafael Madan & Lilian Casas Foundation has awarded $113,550 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
EWTN PURPOSE: THE FOUNDATION'S CHARITABLE ACTIVITIES CONSISTED OF DONATIONS MADE TO VARIOUS ROMAN CATHOLIC CHURCH ORGANIZATIONS AND AFFILIATED OR OTHER CHARITABLE ORGANIZATIONS. | $10,000 |
Great Falls, VA PURPOSE: THE FOUNDATION'S CHARITABLE ACTIVITIES CONSISTED OF DONATIONS MADE TO VARIOUS ROMAN CATHOLIC CHURCH ORGANIZATIONS AND AFFILIATED OR OTHER CHARITABLE ORGANIZATIONS. | $10,000 |
CHRISTENDOM COLLEGE PURPOSE: THE FOUNDATION'S CHARITABLE ACTIVITIES CONSISTED OF DONATIONS MADE TO VARIOUS ROMAN CATHOLIC CHURCH ORGANIZATIONS AND AFFILIATED OR OTHER CHARITABLE ORGANIZATIONS. | $8,800 |
ST LUKE'S AT ST IGNATIUS CHURCH PURPOSE: THE FOUNDATION'S CHARITABLE ACTIVITIES CONSISTED OF DONATIONS MADE TO VARIOUS ROMAN CATHOLIC CHURCH ORGANIZATIONS AND AFFILIATED OR OTHER CHARITABLE ORGANIZATIONS. | $6,000 |
Mclean, VA PURPOSE: THE FOUNDATION'S CHARITABLE ACTIVITIES CONSISTED OF DONATIONS MADE TO VARIOUS ROMAN CATHOLIC CHURCH ORGANIZATIONS AND AFFILIATED OR OTHER CHARITABLE ORGANIZATIONS. | $6,000 |
CARMELITE MONASTERY OF JMJ - NE PURPOSE: THE FOUNDATION'S CHARITABLE ACTIVITIES CONSISTED OF DONATIONS MADE TO VARIOUS ROMAN CATHOLIC CHURCH ORGANIZATIONS AND AFFILIATED OR OTHER CHARITABLE ORGANIZATIONS. | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Bedford Falls Foundation C/O Joanne Barkett Conway Washington, DC | $61,666,880 | $84,617,094 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Wallace Global Fund Ii Washington, DC | $136,169,792 | $23,961,855 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |