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Madison Charitable Foundation Inc. is a private corporation based in RICHMOND, TX. The foundation received its IRS ruling in 2009. It holds total assets of $2.7M. Annual income is reported at $1.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Madison Charitable Foundation Inc. has made 207 grants totaling $7.8M, with a median grant of $20K. Annual giving has grown from $2M in 2021 to $5.8M in 2022. Individual grants have ranged from $1K to $250K, with an average award of $38K. The foundation has supported 113 unique organizations. The foundation primarily supports organizations in Texas, Mississippi, South Carolina, which account for 87% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Madison Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 207 grants. Its grantmaking reaches organizations primarily in TX, MS, SC.
Madison Charitable Foundation Inc. has distributed a total of $7.8M across 207 grants. The median grant size is $20K, with an average of $38K. Individual grants have ranged from $1K to $250K.
No Restrictions on Gifts.
Madison Charitable Foundation Inc. is headquartered in RICHMOND, TX. While based in TX, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Norma M Petrosewicz | DIRECTOR | $0 | $0 | $0 |
| Wiley Hatcher | DIRECTOR | $0 | $0 | $0 |
| James O Carpenter | DIRECTOR | $0 | $0 | $0 |
| Lorinda Beth Madison | DIRECTOR | $0 | $0 | $0 |
Total Giving
$3M
Total Assets
$3.1M
Fair Market Value
$10.6M
Net Worth
$3.1M
Grants Paid
$2.9M
Contributions
$0
Net Investment Income
$1.3M
Distribution Amount
$593K
Total: $3M
Total Grants
207
Total Giving
$7.8M
Average Grant
$38K
Median Grant
$20K
Unique Recipients
113
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| TeachGENERAL OPERATING FUND | Houston, TX | $25K | 2022 |
| Clemson UniversityCAPITAL CAMPAIGN | Clemson, SC | $250K | 2022 |
| Bethel MinistryKID ACTIVITY FUNDS | Stafford, TX | $200K | 2022 |
| Houston Grand OperaGENERAL FUNDING FOR HOUSTON PERFORMI | Houston, TX | $191K | 2022 |
| Alley TheatreEDUCATIONAL PROGRAMS | Houston, TX | $172K |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2022 |
| Houston Methodist FoundationGENERAL FUNDING PATIENT CARE | Houston, TX | $140K | 2022 |
| University Of Ms FoundationSUPPORT OF UNIVERSITY PROJECTS | Oxford, MS | $133K | 2022 |
| Ut School Of LawSCHOLARSHIPS PROGRAMS | Austin, TX | $100K | 2022 |
| Uh Athletics DepartmentGENERAL FUNDING | Houston, TX | $100K | 2022 |
| Oak Bend Medical CenterGENERAL FUNDING | Richmond, TX | $100K | 2022 |
| Blair E Batson Hospital For ChildrCHILDRENS HOSPITAL OPERATING BUILDIN | Jackson, MS | $100K | 2022 |
| St Jude'S Children HospitalFUNDING FOR CANCER RESEARCH | Memphis, TN | $75K | 2022 |
| Uh FoundationGENERAL FUNDING | Houston, TX | $60K | 2022 |
| American Friends Of Covenant GardenGENERAL FUNDING | New York, NY | $60K | 2022 |
| National Ms SocietyMS RESEARCH | New York, NY | $51K | 2022 |
| Catholic CharitiesGENERAL PROGRAMING OPERATIONS | Houston, TX | $50K | 2022 |
| The Mind Center- UmmcFUNDING FOR UNIVERSITY OF MS MEDICAL | Jackson, MS | $50K | 2022 |
| United Way Of HoustonGENERAL FUNDING | Houston, TX | $50K | 2022 |
| Girl Scount San Jacinto CouncilSCOUTING PROGRAMS | Houston, TX | $50K | 2022 |
| Cll Global Research FoundationPROGRAM FUNDING | Houston, TX | $50K | 2022 |
| Second Baptist ChurchGENERAL FUNDING | Katy, TX | $50K | 2022 |
| Southern Smoke FoundationFUNDING FOR GENERAL OPERATIONS | Houston, TX | $50K | 2022 |
| Child Advocates Of Fort Bend CountyHELPING KIDS HAVE A BRIGHTER FUTURE | Rosenberg, TX | $50K | 2022 |
| Stages Reperatory TheatreSTAGE PLAYS TO HELP PEOPLE | Houston, TX | $48K | 2022 |
| Uh Cougar Pride ScholarshipSCHOLARSHIP PROGRAM | Houston, TX | $47K | 2022 |
| Community Stew PotGRANT TO ASSIST WITH POVERTY | Jackson, MS | $40K | 2022 |
| Foundation For Teen HealthPROVIDING FULL SERVICE HEALTHCARE | Houston, TX | $35K | 2022 |
| Houston SymphonyFUNDS TO EXPAND MUSEUM | Houston, TX | $35K | 2022 |
| Baylor College Of MedicineOPERATING FUNDING | Houston, TX | $30K | 2022 |
| Fort Bend Senior Meals On WheelsFUNDING MEALS FOR SENIOR CITIZENS | Rosenberg, TX | $25K | 2022 |
| Ut HealthSCHOLARSHIPS PROGRAM | Houston, TX | $25K | 2022 |
| Houston Livestock & RodeoFUNDING FOR GENERAL OPERATIONS | Houston, TX | $25K | 2022 |
| Museum Of Fine Arts HoustonGENERAL OPERATING SUPPORT | Houston, TX | $25K | 2022 |
| Saint Vincent Depaul PharmacyPHARMACEUTICAL EQUIMENT FUNDING | Biloxi, MS | $25K | 2022 |
| Spring SpiritFUNDING FOR GENERAL OPERATIONS | Houston, TX | $25K | 2022 |
| The Metropolitan OperaGENERAL FUNDING | New York, NY | $25K | 2022 |
| Spring Branch Educational FoundatioGENERAL FUNDING | Houston, TX | $20K | 2022 |
| Gulf Coast Women'S Center For Non VFUNDS SERVICES FOR VICTIMS OF DOMEST | Biloxi, MS | $20K | 2022 |
| Hinds Community CollegeGENERAL FUNDING | Raymond, MS | $20K | 2022 |
| University Of HoustonGRANT TO FUND SCHOLARSHIPS | Houston, TX | $20K | 2022 |
| The Brookwood CommunityFUNDING FOR RESIDENTAL FACIL | Brookshire, TX | $20K | 2022 |
| Jacobs Ladder Learning CenterGENERAL FUNDING | Vicksburg, MS | $15K | 2022 |
| Palmer Home For ChildrenHOME AND CARE FOR CHILDREN IN NEED | Columbus, MS | $15K | 2022 |
| Our Daily BreadGENERAL FUNDING | Canton, MS | $15K | 2022 |
| Center For Success And IndependencePROGRAM FUNDING | Houston, TX | $15K | 2022 |
| Ms Food NetworkFOOD DRIVE | Jackson, MS | $15K | 2022 |
| Manhattan Theatre ClubFUNDING FOR PROGRAM OPERATIONS | New York, NY | $10K | 2022 |
| Rosenberg Railroad MuseumGRANT FOR GENERAL FUNDING PROGRAMS | Rosenberg, TX | $10K | 2022 |
| Avenue CdcPROGRAM FUNDING | Houston, TX | $10K | 2022 |
| Friends For Life Animal ShelterGENERAL FUNDING | Houston, TX | $10K | 2022 |
HOUSTON, TX
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