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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. Total assets have decreased from $26.1M in 2011 to $2.7M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in Texas and Mississippi. 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.
Smallest Grant
$1K
Median Grant
$15K
Average Grant
$29K
Largest Grant
$250K
Based on 67 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.
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 |
|---|---|---|---|---|
| Wiley Hatcher | DIRECTOR | $0 | $0 | N/A |
| Norma M Petrosewicz | DIRECTOR | $0 | $0 | N/A |
| Lorinda Beth Madison | DIRECTOR | $0 | $0 | N/A |
| James O Carpenter | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.7M
Fair Market Value
N/A
Net Worth
$2.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
|---|---|---|---|
| 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 | 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 |
| Blair E Batson Hospital For ChildrCHILDRENS HOSPITAL OPERATING BUILDIN | Jackson, MS | $100K | 2022 |
| Uh Athletics DepartmentGENERAL FUNDING | Houston, TX | $100K | 2022 |
| Oak Bend Medical CenterGENERAL FUNDING | Richmond, TX | $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 |
| The Mind Center- UmmcFUNDING FOR UNIVERSITY OF MS MEDICAL | Jackson, MS | $50K | 2022 |
| United Way Of HoustonGENERAL FUNDING | Houston, TX | $50K | 2022 |
| Catholic CharitiesGENERAL PROGRAMING OPERATIONS | Houston, TX | $50K | 2022 |
| Southern Smoke FoundationFUNDING FOR GENERAL OPERATIONS | Houston, TX | $50K | 2022 |
| Cll Global Research FoundationPROGRAM FUNDING | Houston, TX | $50K | 2022 |
| Second Baptist ChurchGENERAL FUNDING | Katy, TX | $50K | 2022 |
| Child Advocates Of Fort Bend CountyHELPING KIDS HAVE A BRIGHTER FUTURE | Rosenberg, TX | $50K | 2022 |
| Girl Scount San Jacinto CouncilSCOUTING PROGRAMS | Houston, 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 |