Madison Investments Foundation Inc
- Assets
- $375.1k
- Revenue
- $158.8k
- Investments
- $351.3k
- Employees
- 0
- Location
- Madison, WI
- Founding
- 01/2020
- Data as of
- 12/2023
- 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 12/2023, Madison Investments Foundation Inc generated $158.8k in total revenue. All expenses for the organization totaled $101.6k during the year ending 12/2023. While expenses have increased by 1.3% 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 2019, Madison Investments Foundation Inc has awarded 164 individual grants totaling $497,543. 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 |
|---|---|---|---|
Patrick Ryan Secretary-Treasurer | 1 | $0 | |
Maya Bittar Vice-President | 0.5 | $0 | |
Jay Sekelsky Vice-President | 0.5 | $0 | |
Steve Carl Vice-President | 0.5 | $0 | |
David Geisler Vice-President | 0.5 | $0 | |
Leslie Oliversen President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $143,450 |
| Interest on Savings | $99 |
| Dividends & Interest | $8,817 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,429 |
| Capital Gain Net Income | $6,429 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $158,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $346 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $421 |
| Contributions, gifts, grants paid | $101,138 |
| Total expenses and disbursements | $101,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,791 |
| 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 | $17,202 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $375,069 |
| 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, Madison Investments Foundation Inc has awarded $101,138 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
ACTS COMMUNITY DEVELOPMENT CORPORATION PURPOSE: TO SUPPORT THE WORK DONE BY ACTS COMMUNITY DEVELOPMENT CORPORATION. | $150 |
CARENET PREGNANCY CENTER PURPOSE: TO SUPPORT THE WORK DONE BY CARENET PREGNANCY CENTER. | $1,000 |
CENTRAL MIDWEST BALLET ACADEMY PURPOSE: TO SUPPORT THE WORK DONE BY CENTRAL MIDWEST BALLET ACADEMY. | $1,000 |
CHILDREN'S THEATER OF MADISON PURPOSE: TO SUPPORT THE WORK DONE BY CHILDREN'S THEATER OF MADISON. | $7,000 |
CIVIL AIR PATROL PURPOSE: TO SUPPORT THE WORK DONE BY CIVIL AIR PATROL. | $1,500 |
GILDA'S CLUB MADISON PURPOSE: TO SUPPORT THE WORK DONE BY GILDA'S CLUB MADISON. | $500 |