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Also known as: EDUCATIONAL FOUNDATION INC
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Madonna Educational Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2006. The principal officer is Wtas LLC. It holds total assets of $12.6M. Annual income is reported at $504K. Total assets have grown from $788K in 2010 to $1.5M in 2022. The foundation is governed by 6 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Madonna Educational Foundation Inc. has made 2 grants totaling $87K, with a median grant of $44K. Annual giving has grown from $32K in 2020 to $55K in 2023. Individual grants have ranged from $32K to $55K, with an average award of $44K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
Madonna Educational Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NY.
Madonna Educational Foundation Inc. has distributed a total of $87K across 2 grants. The median grant size is $44K, with an average of $44K. Individual grants have ranged from $32K to $55K.
Madonna Educational Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Madonna Educational Foundation Inc. is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Father Joseph Parkes | VP | $0 | $0 | N/A |
| Elaine Madonna | PRESIDENT | $0 | $0 | N/A |
| Marc Gabelli | SECRETARY AND TREASURER | $0 | $0 | N/A |
| Matthew Gabelli | VP | $0 | $0 | N/A |
| Michael Gabelli | VP | $0 | $0 | N/A |
| Elisa Gabelli Wilson | VP | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$1.5M
Fair Market Value
$1.4M
Net Worth
$1.5M
Grants Paid
$55K
Contributions
$385K
Net Investment Income
$10K
Distribution Amount
$71K
Total: N/A
Total Grants
2
Total Giving
$87K
Average Grant
$44K
Median Grant
$44K
Unique Recipients
1
Most Common Grant
$32K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fordham Preparatory SchoolEDUCATION | Bronx, NY | $55K | 2023 |