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Joseph And Lucille Madri Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2014. The principal officer is Foundation Source. It holds total assets of $5.8M. Annual income is reported at $1.5M. The foundation is governed by 2 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Connecticut, Massachusetts, Ohio. According to available records, Joseph And Lucille Madri Family Foundation has made 30 grants totaling $975K, with a median grant of $30K. The foundation has distributed between $225K and $500K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $500K distributed across 16 grants. Individual grants have ranged from $10K to $100K, with an average award of $32K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Connecticut, Maryland, Indiana, which account for 77% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$30K
Average Grant
$31K
Largest Grant
$50K
Based on 8 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.
Joseph And Lucille Madri Family Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in CT, MD, IN.
Joseph And Lucille Madri Family Foundation has distributed a total of $975K across 30 grants. The median grant size is $30K, with an average of $32K. Individual grants have ranged from $10K to $100K.
Joseph And Lucille Madri Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joseph And Lucille Madri Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Madri | Pres, Dir, Treas | $0 | $0 | N/A |
| Lucille Madri | Sec, VP, Dir | $0 | $0 | N/A |
Total Giving
$315K
Total Assets
$5.4M
Fair Market Value
$6.3M
Net Worth
$5.4M
Grants Paid
$250K
Contributions
N/A
Net Investment Income
$308K
Distribution Amount
$295K
Total Grants
30
Total Giving
$975K
Average Grant
$32K
Median Grant
$30K
Unique Recipients
14
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fair Haven Community Health Clinic IncGeneral & Unrestricted | New Haven, CT | $65K | 2023 |
| Medecins Sans Frontieres Usa Inc - Doctors WithoutGeneral & Unrestricted | Hagerstown, MD | $50K | 2023 |
| Connecticut Foodshare IncGeneral & Unrestricted | Wallingford, CT | $35K | 2023 |
| Families Flourish IncGeneral & Unrestricted | Columbus, OH | $30K | 2023 |
| Agassiz Preschool IncGeneral & Unrestricted | Somerville, MA | $30K | 2023 |
| Planned Parenthood Of Southern New England IncGeneral & Unrestricted | New Haven, CT | $30K | 2023 |
| Homes For Our Troops IncGeneral & Unrestricted | Taunton, MA | $10K | 2023 |
| Youth Continuum IncGeneral & Unrestricted | Hamden, CT | $35K | 2022 |
| Community Action Agency Of Somerville IncGeneral & Unrestricted | Somerville, MA | $30K | 2022 |
| Kaleidoscope Youth Center IncGeneral & Unrestricted | Columbus, OH | $30K | 2022 |
| Yale New Haven HospitalGeneral & Unrestricted | New Haven, CT | $10K | 2022 |
| Indiana University FoundationJoseph and Lucille Madri Family Foundation Scholarship FUND | Indianapolis, IN | $100K | 2020 |
| Yale University - School Of MedicineJoseph A. and Lucille K. Madri Professorship in Experimental pathology | New Haven, CT | $50K | 2020 |
| Connecticut Food Bank IncGeneral & Unrestricted | Wallingford, CT | $10K | 2020 |