The Madden Foundation Inc
- Assets
- $9.9m
- Revenue
- $2.5m
- Investments
- $9.7m
- Employees
- 0
- Location
- Lexington, KY
- Founding
- Data as of
- 12/2021
- EIN
- 85-0653202
Organization Overview
The Madden Foundation Inc is located in Lexington, KY.
For the year ending 12/2021, Madden Foundation Inc generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $362.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Madden Foundation Inc has awarded 17 individual grants totaling $364,123. 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 |
|---|---|---|---|
Name Not Listed Director / Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,173,077 |
| Interest on Savings | $0 |
| Dividends & Interest | $245,352 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $125,775 |
| Capital Gain Net Income | $125,775 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,544,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,837 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $14,532 |
| Contributions, gifts, grants paid | $347,650 |
| Total expenses and disbursements | $362,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,465 |
| Savings and temporary cash investments | $106,500 |
| 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 | $9,852,513 |
| 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 Madden Foundation Inc has awarded $347,650 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Pottstown, PA PURPOSE: GENERAL ASSISTANCE | $116,000 |
UNIVERSITY OF KENTUCKY PURPOSE: GENERAL ASSISTANCE | $84,050 |
K FUND PURPOSE: GENERAL ASSISTANCE | $80,000 |
WAKE FOREST UNIVERSITY PURPOSE: GENERAL ASSISTANCE | $20,000 |
NV BASEBALL ACADEMY PURPOSE: GENERAL ASSISTANCE | $20,000 |
INDEPENDENCE FOUNDATION PURPOSE: GENERAL ASSISTANCE | $10,000 |
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