Friends of Madison Area Churches is a private foundation focused on Arts, Culture & Humanities, based in MADISON, MD. IRS filing data is available for 2024. As of 2024, the organization holds $19K in total assets. Net investment income was $8.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19K
Revenue
$3K
Net Investment Income
$8
Expenses
$4K
Under IRS private-foundation payout rules, Friends of Madison Area Churches reported a distributable amount of $995 for 2024 — the minimum it must pay out in qualifying distributions.
About Friends of Madison Area Churches
Based on IRS filings
Friends of Madison Area Churches is a private foundation focused on Arts, Culture & Humanities, based in MADISON, MD. IRS filing data is available for 2024. As of 2024, the organization holds $19K in total assets. Net investment income was $8.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 |
|---|---|
| Total Assets | $19,473 |
| Revenue | $2,708 |
| Expenses | $4,250 |
| Qualifying Distributions | — |
| Net Investment Income | $8 |
| Distributable Amount | $995 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS B JONES JR | PRESIDENT | 4 | — |
| WILLIAM EDWARD JAMES | VICE PRESIDE | 4 | — |
| BERNICE M JAMES | SECRETARY & | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of Madison Area Churches?
Friends of Madison Area Churches is a nonprofit organization focused on Arts, Culture & Humanities, based in MADISON, MD. It holds $19K in total assets as of 2024.
How large is Friends of Madison Area Churches?
As of 2024, Friends of Madison Area Churches holds $19K in total assets with $3K in annual revenue.
How much is Friends of Madison Area Churches required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Friends of Madison Area Churches reported a distributable amount of $995 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friends of Madison Area Churches's EIN?
Friends of Madison Area Churches's EIN (Employer Identification Number) is 92-0986999. IRS Form 990 filing data is available on this page for 2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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