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Madmone is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 2017. It holds total assets of $3.3M. Annual income is reported at $1M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Virginia and New York. According to available records, Madmone has made 151 grants totaling $1.3M, with a median grant of $4K. Annual giving has grown from $296K in 2020 to $626K in 2022. Individual grants have ranged from $1K to $80K, with an average award of $8K. The foundation has supported 55 unique organizations. The foundation primarily supports organizations in Virginia, Massachusetts, Missouri, which account for 57% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$10K
Largest Grant
$75K
Based on 31 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.
Madmone primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 151 grants. Its grantmaking reaches organizations primarily in VA, MA, MO.
Madmone has distributed a total of $1.3M across 151 grants. The median grant size is $4K, with an average of $8K. Individual grants have ranged from $1K to $80K.
Madmone typically selects its grantees rather than accepting unsolicited proposals.
Madmone is headquartered in RICHMOND, VA. While based in VA, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark F O'Neil | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Monique C O'Neil | DIRECTOR/VICE PRESIDENT | $0 | $0 | N/A |
| Mary-Frances Horan | DIRECTOR/TREASURER/SECRETA | $0 | $0 | N/A |
Total Giving
$327K
Total Assets
$3M
Fair Market Value
$6.1M
Net Worth
$3M
Grants Paid
$289K
Contributions
N/A
Net Investment Income
$387K
Distribution Amount
$281K
Total: $2.9M
Total Grants
151
Total Giving
$1.3M
Average Grant
$8K
Median Grant
$4K
Unique Recipients
55
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big SistersTO SUPPORT CHARITABLE PURPOSE | Richmond, VA | $10K | 2022 |
| Bon Secours FoundationTO SUPPORT CHARITABLE PURPOSE | Richmond, VA | $70K | 2022 |
| WpiTO SUPPORT CHARITABLE PURPOSE | Worcester, MA | $50K | 2022 |
| Society Of The Sacred HeartTO SUPPORT CHARITABLE PURPOSE | St Louis, MO | $25K | 2022 |
| Ckg Fdn Speak UpTO SUPPORT CHARITABLE PURPOSE | Henrico, VA | $15K | 2022 |
| Feed MoreTO SUPPORT CHARITABLE PURPOSE | Richmond, VA | $15K | 2022 |
| Cleveland Hearing And SpeechTO SUPPORT CHARITABLE PURPOSE | Cleveland, OH | $10K | 2022 |
| Ouray Ice ParkTO SUPPORT CHARITABLE PURPOSE | Ouray, CO | $10K | 2022 |
| St Mary'S ChurchTO SUPPORT CHARITABLE PURPOSE | Richmond, VA | $5K | 2022 |
| World Bicycle ReliefTO SUPPORT CHARITABLE PURPOSE | Chicago, IL | $5K | 2022 |
| Rape Abuse Nat NetTO SUPPORT CHARITABLE PURPOSE | Washington Dc, DC | $5K | 2022 |
| The New Orleans MissionTO SUPPORT CHARITABLE PURPOSE | New Orleans, LA | $5K | 2022 |
| American Heart AssociationTO SUPPORT CHARITABLE PURPOSE | Glen Allen, VA | $5K | 2022 |
| Audrain Concours Fdn LlcTO SUPPORT CHARITABLE PURPOSE | Newport, RI | $5K | 2022 |
| March Of DimesTO SUPPORT CHARITABLE PURPOSE | Glen Allen, VA | $5K | 2022 |
| Amphibian And Reptile ConservTO SUPPORT CHARITABLE PURPOSE | Martinsville, NJ | $5K | 2022 |
| Richmond SpcaTO SUPPORT CHARITABLE PURPOSE | Richmond, VA | $5K | 2022 |
| Alameda Food BankTO SUPPORT CHARITABLE PURPOSE | Oakland, CA | $5K | 2022 |
| Alsac St Jude Research HospitalTO SUPPORT CHARITABLE PURPOSE | Arlington, VA | $5K | 2022 |
| Wildlife Conservation SocietyTO SUPPORT CHARITABLE PURPOSE | Bronx, NY | $4K | 2022 |
| Project HealTO SUPPORT CHARITABLE PURPOSE | Brooklyn, NY | $4K | 2022 |
| Society For The Prevention Of Teen Suicide IncTO SUPPORT CHARITABLE PURPOSE | Freehold, NJ | $4K | 2022 |
| Operation SmileTO SUPPORT CHARITABLE PURPOSE | Baltimore, MD | $4K | 2022 |
| Intl Rescue CommTO SUPPORT CHARITABLE PURPOSE | New York, NY | $4K | 2022 |
| Virginia For VeteransTO SUPPORT CHARITABLE PURPOSE | Midlothian, VA | $4K | 2022 |