The Maddrey Foundation
- Assets
- $1.8m
- Revenue
- -$36.8k
- Investments
- $1.7m
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 04/1990
- Data as of
- 12/2022
- EIN
- 57-6125748
Organization Overview
The Maddrey Foundation is located in Greenville, SC. The organization was established in 1990. 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. Maddrey Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Maddrey Foundation has awarded 224 individual grants totaling $633,700. 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 |
|---|---|---|---|
E Erwin Maddrey II Trustee | 5 | $0 | |
Nancy B Maddrey Trustee | 5 | $0 | |
Edwin Erwin Maddrey III Trustee | 5 | $0 | |
Alexander Smith Maddrey Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $445 |
| Dividends & Interest | $39,347 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$78,320 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,752 |
| Total Revenue | -$36,776 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,642 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,403 |
| Contributions, gifts, grants paid | $193,250 |
| Total expenses and disbursements | $228,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $36,758 |
| 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 | $1,773,311 |
| 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, The Maddrey Foundation has awarded $193,250 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
ABUNDANCE CAPITAL PURPOSE: TO SUPPORT GENERAL OPERATIONS OF THE ORGANIZATION | $5,000 |
ALL-IN TO FIGHT CANCER PURPOSE: TO SUPPORT GENERAL OPERATIONS OF THE ORGANIZATION | $500 |
AMERICAN HEART ASSN - MID-ATLANTIC AFFILIATE PURPOSE: TO SUPPORT GENERAL OPERATIONS OF THE ORGANIZATION | $1,000 |
AMERICAN RED CROSS PURPOSE: TO SUPPORT GENERAL OPERATIONS OF THE ORGANIZATION | $1,000 |
ARTS & SCIENCE COUNCIL CHARLOTTE MECKLENBURG INC PURPOSE: TO SUPPORT GENERAL OPERATIONS OF THE ORGANIZATION | $600 |
BECHTLER MUSEUM OF MODERN ART PURPOSE: TO SUPPORT GENERAL OPERATIONS OF THE ORGANIZATION | $300 |