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Also known as: FOUNDATION INC
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John J & Lucille C Madigan Charitable Foundation Inc. is a private corporation based in SARASOTA, FL. The foundation received its IRS ruling in 1992. The principal officer is Robert Drabik. It holds total assets of $1.2M. Annual income is reported at $913K. Total assets have decreased from $2.1M in 2011 to $1.2M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Missouri, Florida and Connecticut. According to available records, John J & Lucille C Madigan Charitable Foundation Inc. has made 18 grants totaling $210K, with a median grant of $5K. The foundation has distributed between $50K and $100K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $100K distributed across 8 grants. Individual grants have ranged from $5K to $25K, with an average award of $12K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Missouri, Connecticut, Florida, which account for 89% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$25K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
John J & Lucille C Madigan Charitable Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in MO, CT, FL.
John J & Lucille C Madigan Charitable Foundation Inc. has distributed a total of $210K across 18 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $5K to $25K.
John J & Lucille C Madigan Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
John J & Lucille C Madigan Charitable Foundation Inc. is headquartered in SARASOTA, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Tousey | PRESIDENT | $65K | $0 | $65K |
| Beverly Mccarthy | SECRETARY | $2K | $0 | $2K |
| Thomas A Menchinger | TREASURER | $0 | $0 | N/A |
Total Giving
$194K
Total Assets
$1.2M
Fair Market Value
$1.4M
Net Worth
$1.2M
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$66K
Total Grants
18
Total Giving
$210K
Average Grant
$12K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Peace Haven AssnGENERAL OPERATIONS | St Louis, MO | $25K | 2023 |
| Connecticut CollegeEDUCATIONAL | New London, CT | $15K | 2023 |
| Hcap Aerospace Scholarship FdnEDUCATIONAL | Smithfield, NC | $5K | 2023 |
| Villanova UniversityEDUCATIONAL | Villanova, PA | $5K | 2023 |
| The Csassociation Of Gail TouseyGENERAL OPERATIONS | Ballwin, MO | $5K | 2023 |
| Healthy KidsGENERAL OPERATIONS | Bradenton, FL | $5K | 2023 |