The Madigan Family Foundation Inc

Organization Overview

The Madigan Family Foundation Inc is located in Lancaster, MA. The organization was established in 2007. 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. Madigan Family 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 06/2022, Madigan Family Foundation Inc generated $475.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 69.2% each year . All expenses for the organization totaled $88.8k during the year ending 06/2022. While expenses have increased by 47.7% per year over the past 5 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, Madigan Family Foundation Inc has awarded 98 individual grants totaling $201,705. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $502,000
Interest on Savings $2,102
Dividends & Interest $28,058
Net Rental Income$0
Net Gain on Sale of Assets -$56,820
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $25
Other Income $0
Total Revenue $475,365

Grants Awarded

Over the last fiscal year, The Madigan Family Foundation Inc has awarded $73,805 in support to 29 organizations.

Grant RecipientAmount

LAWRENCE ACADEMY

PURPOSE: SUPPORT FOR CURRENT OPERATIONS

$15,000

NORTH STAR FAMILY SERVICES INC

Org PageRecipient Profile

Leominster, MA

PURPOSE: SUPPORT FOR CURRENT OPERATIONS

$15,000

CARDIGAN MOUNTAIN SCHOOL

Org PageRecipient Profile

Canaan, NH

PURPOSE: SUPPORT FOR CURRENT OPERATIONS

$10,000

LOAVES & FISHES FOOD PANTRY

Org PageRecipient Profile

Ayer, MA

PURPOSE: SUPPORT FOR CURRENT OPERATIONS

$7,500

AYER-SHIRLEY HIGH SCHOOL

PURPOSE: SCHOLARSHIP

$3,500

TOMMY'S PLACE FOUNDATION INC

Org PageRecipient Profile

Quincy, MA

PURPOSE: SUPPORT FOE CURRENT OPERATIONS

$3,100
View Grant Profile

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