J & D Madison Foundation Inc

Private foundation · Grantmaker Summit, NJ EIN: 20-5800117

J & D Madison Foundation Inc is a private foundation, based in Summit, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $104K in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $17K.

Key facts about J & D Madison Foundation Inc

In short: J & D Madison Foundation Inc gave $20K across 2 grants in 2024 (avg $10K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
20-5800117
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$20,000
Grants made (2024)
2
Average grant
$10,000
Median grant
$10,000
Total assets
$104,494
Primary geography
Florida (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$104K

+20.8% YoY

Annual Giving

$20K

+33.3% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$10K

+33.3% YoY

Under IRS private-foundation payout rules, J & D Madison Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

How J & D Madison Foundation Inc gives

  • Giving grew 300% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

BrookfieldStuartSummitNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K2 grants2020 1 grant2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $5K (2021) to $23K (2020). In 2024 it made 2 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

The Healing Center of Martin County: $15KThe Healing Center of MartinCounty$15KSt Mary's Episcopal Church: $5KSt Mary's Episcopal Church$5K

The largest 2024 recipient was The Healing Center of Martin County ($15K). Together the top 2 received $20K.

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Healing Center of Martin County Stuart, FLFor FamiliesAssistance$15,000
St Mary's Episcopal Church Stuart, FLFor FamiliesAssistance$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10K$20K$30K$40K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$104,494$86,478$94,697
Revenue$23,864$15,721$4,355
Expenses$22,467$17,409$9,031
Net Investment Income$17,119——
Distributable Amount$5,082$5,626$5,506

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

J & D Madison Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David M Brewer

    Trustee

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Greory A Petroff

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joseph M Shepley

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about J & D Madison Foundation Inc

How much does J & D Madison Foundation Inc give each year?

J & D Madison Foundation Inc gave $20K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $15K across 2 grants.

How large is J & D Madison Foundation Inc?

J & D Madison Foundation Inc reported $104K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $24K.

Where does J & D Madison Foundation Inc operate?

J & D Madison Foundation Inc has awarded grants in Connecticut, Florida, New Jersey, New York.

How much is J & D Madison Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, J & D Madison Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is J & D Madison Foundation Inc's EIN?

J & D Madison Foundation Inc's EIN (Employer Identification Number) is 20-5800117. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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