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Madeira Fund Inc. is a private corporation based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 2015. The principal officer is % Samuel B Sutphin Ii. It holds total assets of $3.1M. Annual income is reported at $530K. THE FOUNDATION DOES NOT DIRECTLY PARTICIPATE IN CHARITABLE ACTIVITIES. THE ACTIVITIES OF THE DIRECTORS ARE LIMITED TO ADMINISTRATION OF GRANTS TO QUALIFIED UNRELATED 501(C)(3) ORGANIZATIONS. According to available records, Madeira Fund Inc. has made 33 grants totaling $314K, with a median grant of $3K. Annual giving has grown from $77K in 2022 to $237K in 2023. Individual grants have ranged from $100 to $138K, with an average award of $10K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Indiana, Connecticut, New Jersey, which account for 85% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION DOES NOT DIRECTLY PARTICIPATE IN CHARITABLE ACTIVITIES. THE ACTIVITIES OF THE DIRECTORS ARE LIMITED TO ADMINISTRATION OF GRANTS TO QUALIFIED UNRELATED 501(C)(3) ORGANIZATIONS.
Expenses: $111K
THE FOUNDATION DOES NOT DIRECTLY PARTICIPATE IN CHARITABLE ACTIVITIES. THE ACTIVITIES OF THE DIRECTORS ARE LIMITED TO ADMINISTRATION OF GRANTS TO QUALIFIED UNRELATED 501(C)(3) ORGANIZATIONS. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in IN, CT, NJ.
Madeira Fund Inc. has distributed a total of $314K across 33 grants. The median grant size is $3K, with an average of $10K. Individual grants have ranged from $100 to $138K.
Madeira Fund Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (461584806) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Madeira Fund Inc. is headquartered in INDIANAPOLIS, IN. While based in IN, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Samuel B Sutphin Ii | SEC/TREAS | $0 | $0 | $0 |
| Carol E Dinneen | PRESIDENT | $0 | $0 | $0 |
| Samuel Bernarde Sutphin | DIRECTOR | $0 | $0 | $0 |
Total Giving
$253K
Total Assets
$2.8M
Fair Market Value
$6.7M
Net Worth
$2.8M
Grants Paid
$237K
Contributions
$0
Net Investment Income
$97K
Distribution Amount
$282K
Total: $0
Total Grants
33
Total Giving
$314K
Average Grant
$10K
Median Grant
$3K
Unique Recipients
29
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| GleanersUNRESTRICTED | Indianapolis, IN | $1K | 2023 |
| Woodstock Historical FoundationUNRESTRICTED | Indianapolis, IN | $138K | 2023 |
| Indianapolis Film Project IncUNRESTRICTED | Indianapolis, IN | $55K | 2023 |
| Hoosier Environmental CouncilUNRESTRICTED | Indianapolis, IN | $10K | 2023 |
| Big Car Media IncUNRESTRICTED | Indianapolis, IN | $10K |
NORWELL, MA
BROOKLYN, NY
VILLANOVA, PA
SANTA RSA BCH, FL
| 2023 |
| Indianapolis Zoological Society IncUNRESTRICTED | Indianapolis, IN | $6K | 2023 |
| Kurt Vonnegut Memorial LibraryUNRESTRICTED | Indianapolis, IN | $3K | 2023 |
| The Next Generation InitiativeUNRESTRICTED | Indianapolis, IN | $3K | 2023 |
| Lantern FoundationUNRESTRICTED | Indianapolis, IN | $3K | 2023 |
| Second Helpings IncUNRESTRICTED | Indianapolis, IN | $2K | 2023 |
| Central Indiana Land TrustUNRESTRICTED | Indianapolis, IN | $2K | 2023 |
| IptaUNRESTRICTED | Naperville, IL | $2K | 2023 |
| Herron School Of Art & DesignUNRESTRICTED | Indianapolis, IN | $1K | 2023 |
| Tug Hill Tomorrow Land TrustUNRESTRICTED | Watertown, NY | $1K | 2023 |
| Impact 100 Greater IndianapolisUNRESTRICTED | Indianapolis, IN | $250 | 2023 |
| C & O Canal TrustUNRESTRICTED | Williamsport, MD | $250 | 2023 |
| Yale UniversityUNRESTRICTED | New Haven, CT | $100 | 2023 |
| Camp Dudley Ymca IncUNRESTRICTED | Westport, NY | $100 | 2023 |
| University Of IndianapolisUNRESTRICTED | Indianapolis, IN | $10K | 2022 |
| Notre Dame UniversityUNRESTRICTED | Notre Dame, IN | $5K | 2022 |
| Princeton UniversityUNRESTRICTED | Princeton, NJ | $5K | 2022 |
| The Hotchkiss SchoolUNRESTRICTED | Lakeville, CT | $5K | 2022 |
| Vanderbilt UniversityUNRESTRICTED | Nashville, TN | $3K | 2022 |
| Christian Unity Missionary Baptist ChurcUNRESTRICTED | Indianapolis, IN | $3K | 2022 |
| NewfieldsUNRESTRICTED | Indianapolis, IN | $3K | 2022 |
| Orchard School Foundation IncUNRESTRICTED | Indianapolis, IN | $2K | 2022 |
| Indiana Forest Alliance IncUNESTRICTED | Indianapolis, IN | $2K | 2022 |
| Herron School Of ArtUNRESTRICTED | Indianapolis, IN | $1K | 2022 |
| Central Indiana Community FoundationBEN FRANKLIN FUND | Indianapolis, IN | $1K | 2022 |
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