Joseph And Lucille Madri Family Foundation
- Assets
- $5.4m
- Revenue
- $27.8k
- Investments
- $4.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/2014
- Data as of
- 12/2022
- EIN
- 47-1762938
Organization Overview
Joseph And Lucille Madri Family Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joseph And Lucille Madri Family 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, Joseph And Lucille Madri Family Foundation generated $27.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $330.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Joseph And Lucille Madri Family Foundation has awarded 36 individual grants totaling $1,225,964. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Madri Pres, Dir, Treas | 1 | $0 | |
Lucille Madri Sec, Vp, Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $876 |
| Dividends & Interest | $94,810 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$67,907 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,779 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,435 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,675 |
| Total operating and administrative expenses | $80,420 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $330,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $770,930 |
| 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 | $0 |
| Total assets | $5,404,962 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Joseph And Lucille Madri Family Foundation has awarded $250,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
CONNECTICUT FOODSHARE INC PURPOSE: GENERAL & UNRESTRICTED | $35,000 |
YOUTH CONTINUUM INC PURPOSE: GENERAL & UNRESTRICTED | $35,000 |
Somerville, MA PURPOSE: GENERAL & UNRESTRICTED | $30,000 |
Columbus, OH PURPOSE: GENERAL & UNRESTRICTED | $30,000 |
New Haven, CT PURPOSE: GENERAL & UNRESTRICTED | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ecumenical Enterprises Inc Dallas, PA | $29,362,494 | $14,819,334 |
The Foundation For Enhancing Communities Harrisburg, PA | $107,592,484 | $47,434,480 |
Shear Family Foundation Inc Pittsburgh, PA | $193,925,105 | $4,615,784 |
Rite Aid Healthy Futures Camp Hill, PA | $33,191,715 | $15,687,011 |
Alleghenies United Cerebral Palsy Johnstown, PA | $2,752,154 | $5,551,260 |
1889 Foundation Inc Johnstown, PA | $14,509,819 | $2,616,006 |
Christian Family Services Management Corporation New Wilmington, PA | $80,504,309 | $10,725,509 |
Methodist Home For Children Resources Philadelphia, PA | $3,677,128 | $2,957,972 |
Seeding The Future Foundation Wilmington, DE | $42,484,906 | $1,077,907 |
Bethany Childrens Home Inc Womelsdorf, PA | $29,165,168 | $5,769,357 |
Gemach Of Jackson Inc Jackson, NJ | $623,702 | $2,299,802 |
Houtz Family Foundation Inc Wilmington, DE | $23,339,571 | $2,288,398 |