A Mad Idea Foundation

Organization Overview

A Mad Idea Foundation is located in Houston, TX. The organization was established in 2005. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. A Mad Idea 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, A Mad Idea Foundation generated $3.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 35.0% each year . All expenses for the organization totaled $37.3k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 8 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,250
Interest on Savings $0
Dividends & Interest $737
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 $2,987

Grants Awarded

Over the last fiscal year, A Mad Idea Foundation has awarded $100,000 in support to 3 organizations.

Grant RecipientAmount

BROOKWOOD CENTER

PURPOSE: GENERAL CONTRIBUTION

$45,000

KAMUKAMA FOUNDATION

Org PageRecipient Profile

Austin, TX

PURPOSE: GENERAL CONTRIBUTION

$30,000

THE MENIL COLLECTION

PURPOSE: GENERAL CONTRIBUTION

$25,000
View Grant Profile

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