Madison Investments Foundation Inc
- Assets
- $321.6k
- Revenue
- $229.3k
- Investments
- $233.1k
- Employees
- 0
- Location
- Madison, WI
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 82-3835195
Organization Overview
Madison Investments Foundation Inc is located in Madison, WI. The organization was established in 2020. 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. Madison Investments Foundation Inc 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, Madison Investments Foundation Inc generated $229.3k in total revenue. All expenses for the organization totaled $94.9k during the year ending 12/2021.
Since 2019, Madison Investments Foundation Inc has awarded 95 individual grants totaling $285,055. 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 |
|---|---|---|---|
Maya Bittar President | 1 | $0 | |
Patrick Ryan Secretary-Treasurer | 1 | $0 | |
Jay Sekelsky Vice-President | 0.5 | $0 | |
Steve Carl Vice-President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $208,250 |
| Interest on Savings | $9 |
| Dividends & Interest | $4,173 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,895 |
| Capital Gain Net Income | $16,895 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $229,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $50 |
| Contributions, gifts, grants paid | $94,865 |
| Total expenses and disbursements | $94,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,442 |
| Savings and temporary cash investments | $0 |
| 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 | $321,575 |
| 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 | $43,865 |
| Total liabilities | $43,865 |
Grants Awarded
Over the last fiscal year, Madison Investments Foundation Inc has awarded $94,865 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
ATTIC ANGEL PURPOSE: TO SUPPORT THE WORK DONE BY ATTIC ANGEL. | $15,000 |
Middleton, WI PURPOSE: TO SUPPORT THE WORK DONE BY OUR LADY OF HOPE CLINIC. | $10,500 |
HEART OF THE BRAIN PURPOSE: TO SUPPORT THE WORK DONE BY HEART OF THE BRAIN. | $10,000 |
Madison, WI PURPOSE: TO SUPPORT THE WORK DONE BY UNITED WAY DANE COUNTY FOUNDATION. | $10,000 |
Madison, WI PURPOSE: TO SUPPORT THE WORK DONE BY COMMUNITY WORK SERVICES, INC. | $9,000 |
SECOND HARVEST FOODBANK PURPOSE: TO SUPPORT THE WORK DONE BY SECOND HARVEST FOODBANK. | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Genyouth Inc Rosemont, IL | $9,087,915 | $10,980,091 |
Sondheimer Family Charitable Foundation Wilmette, IL | $0 | $30,820 |
Illinois Tool Works Foundation Glenview, IL | $328,623 | $8,500,000 |
Willow Springs Charitable Tr Mt Carroll, IL | $100,115,931 | $21,339,853 |
Hamill Family Foundation Chicago, IL | $55,305,054 | $6,054,241 |
Herrick Foundation Detroit, MI | $135,749,323 | $10,836,296 |
We Energies Foundation Inc Milwaukee, WI | $74,423,525 | $6,027,785 |
3m Foundation St Paul, MN | $11,832,463 | $7,120,220 |
The Samuel And Jean Frankel Fine Arts Foundation Bloomfield Hills, MI | $136,493,173 | $6,844,673 |
Grand Victoria Foundation Chicago, IL | $167,134,023 | $22,046,260 |
Bill & Julia Van Domelen Foundation Kalamazoo, MI | $132,053,109 | $12,849,321 |
Richard O Jacobson Foundation Inc Des Moines, IA | $24,841,991 | $13,826,505 |