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Also known as: FOUNDATION
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William P And Amanda C Madar Foundation is a private corporation based in FERN BCH, FL. The foundation received its IRS ruling in 1999. The principal officer is Ronald E Bates. It holds total assets of $7.3M. Annual income is reported at $8.7M. Total assets have grown from $2M in 2011 to $4.8M in 2023. The foundation is governed by 4 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 2015 to 2023. According to available records, William P And Amanda C Madar Foundation has made 5 grants totaling $750K, with a median grant of $100K. Annual giving has decreased from $625K in 2021 to $125K in 2022. Individual grants have ranged from $25K to $500K, with an average award of $150K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Ohio and Massachusetts. 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.
William P And Amanda C Madar Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in OH, MA.
William P And Amanda C Madar Foundation has distributed a total of $750K across 5 grants. The median grant size is $100K, with an average of $150K. Individual grants have ranged from $25K to $500K.
William P And Amanda C Madar Foundation typically selects its grantees rather than accepting unsolicited proposals.
William P And Amanda C Madar Foundation is headquartered in FERN BCH, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Chase Madar | ASSISTANT VICE PRES/SECY. | $0 | $0 | N/A |
| William P Madar | PRESIDENT | $0 | $0 | N/A |
| Josiah R Madar | ASSISTANT VICE PRES/SECY. | $0 | $0 | N/A |
| Amanda C Madar | VICE PRES/SECRETARY/TREAS. | $0 | $0 | N/A |
Total Giving
$154K
Total Assets
$4.8M
Fair Market Value
$5.8M
Net Worth
$4.8M
Grants Paid
$125K
Contributions
N/A
Net Investment Income
$145K
Distribution Amount
$260K
Total: $2.7M
Total Grants
5
Total Giving
$750K
Average Grant
$150K
Median Grant
$100K
Unique Recipients
3
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cleveland ClinicNEUROLOGICAL INSTITUTE-CLEVELAND CLINIC BRAIN STUDY (YEAR 2 OF 5) | Cleveland, OH | $100K | 2022 |
| The Chatham Fund Co The Cape Cod FoundationFUND FOR CHATHAM, CAPE COD FOUNDATION ENDOWMENT (YEAR 2 OF 4) | South Yarmouth, MA | $25K | 2022 |
| The Cleveland Museum Of ArtWILLIAM P. AND AMANDA C. MADAR CURATOR OF AMERICAN PAINTING AND SCULPTURE ENDOWMENT (4TH AND FINAL INSTALLMENT) | Cleveland, OH | $500K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL