Madison County Community Foundation Inc logo

Madison County Community Foundation Inc

Public charity · Grantmaker Anderson, IN EIN: 35-1859959 Website

Madison County Community Foundation is a public charity based in Anderson, Indiana. Founded in 1992, it manages charitable funds and makes grants to organizations and projects serving Madison County, Indiana.

Key facts about Madison County Community Foundation Inc

In short: Madison County Community Foundation Inc gave $1.6M across 52 grants in 2025 (avg $30K), mostly in Indiana. 50% of 2025 grantees were new. Source: 2025 IRS Form 990.

EIN
35-1859959
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,555,961
Grants made (2025)
52
Average grant
$29,922
Median grant
$10,000
New grantees (estimate)
50% first-time grantees (26 of 52, 2025)
Total assets
$36,543,477
Primary geography
Indiana (94% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$36.5M

+18.4% YoY

Annual Giving

$1.6M

+70.8% YoY

Grant Count

52

+23.8% YoY

Avg Grant Size

$30K

+37.9% YoY

Is Madison County Community Foundation Inc open to new grantees?

50%

first-time grantees, 2025

In 2025, 26 of 52 grantees (50%) were first-time recipients. First grants averaged $38K; repeat grants $21K. How we count

Medians: $10K first-time, $10K repeat.

  • 37% of 2025 grantees were also funded in 2024. Method
  • Giving grew 58% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s stated mission is to invest in lasting positive change to elevate and strengthen Madison County. Its website describes grant support for nonprofit agencies located in or serving county residents, with categories including arts, culture and history; health and human services; education; and “Thriving Community,” such as animal welfare, community development and neighborhood revitalization.

Examples of supported organizations illustrate the range of grantees. South Madison Community Foundation describes its mission as improving quality of life in the South Madison County community through charitable gifts and grants responding to community needs. Heart of Indiana United Way says it improves lives by mobilizing community care and encouraging giving, advocacy and volunteering. Aspire Indiana Health describes providing primary care and related services to people in need, including medically underserved and vulnerable populations. Ambassadors for God’s Creatures says it works to reduce pet overpopulation in Madison County through spay-and-neuter assistance.

Grantmaking

In filing year 2025, the foundation reported 52 grants totaling $1,555,961. Grant amounts ranged from $5,074 to $506,250, with a median of $10,000. The largest awards included $506,250 to South Madison Community Foundation for general support; $170,718 to Anderson Symphony Orchestra and $129,578 to Anderson Fine Arts Foundation for arts, culture and history; and $86,600 to Heart of Indiana United Way for human services.

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Geographic Focus

Where this funder awards grants

The foundation states that its population served is the Madison County, Indiana, community at large, and its website describes grants for agencies located in or serving Madison County residents. In filing year 2025, 94% of grant dollars went to recipients in Indiana; the remaining shares were reported for Kentucky (4%), Maryland (1%), Wisconsin (1%) and Missouri (1%).

Grant Distribution by State

9states

Share of 2025 grant dollars across all 52 itemized grants.

Cities

AndersonIndianapolisMuncieElwoodPendletonLapelAlexandriaRice LakeBaltimoreFranktonLexingtonCarmelDetroitFort PayneLas VegasManchesterSt. Louis

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M31 grants2020 34 grants2021 40 grants2022 33 grants2023 42 grants2024 52 grants2025

From 2020 to 2025, annual grant giving ranged from $692K (2023) to $1.6M (2025). In 2025 it made 52 grants totaling $1.6M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

South Madison Community Foundation: $506KSouth Madison CommunityFoundation$506KAnderson Symphony Orchestra: $171KAnderson Symphony Orchestra$171KAnderson Fine Arts Foundation: $130KAnderson Fine Arts Foundation$130KHeart of Indiana United Way: $87KHeart of Indiana United Way$87KInstitutes of Orality Strategies: $59KInstitutes of OralityStrategies$59KTown of Lapel: $50KTown of Lapel$50KThe Christian Center Rescue Mission: $44KThe Christian Center RescueMission$44KSecond Harvest Food Bank of ECI: $40KSecond Harvest Food Bank ofECI$40KHabitat for Humanity Madison County: $34KHabitat for Humanity MadisonCounty$34KAspire Indiana Health: $22KAspire Indiana Health$22K

The largest 2025 recipient was South Madison Community Foundation ($506K). Together the top 10 received $1.1M.

Grant Size Distribution

201 grants across all recorded years

180<$50K13$50–100K7$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 180 grants of 201 (90%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
South Madison Community Foundation Pendleton, INGeneral Support$506,250
Anderson Symphony Orchestra Anderson, INArts, Culture, Hist.$170,718
Anderson Fine Arts Foundation Anderson, INArts, Culture, Hist.$129,578
Heart of Indiana United Way Muncie, INHuman Service$86,600
Institutes of Orality Strategies Lexington, KYLifelong Learning$58,866
Town of Lapel Lapel, INGeneral Support$50,000
The Christian Center Rescue Mission Anderson, INHuman Service$44,343
Second Harvest Food Bank of ECI Muncie, INGeneral Support$40,000
Habitat for Humanity Madison County Anderson, INHuman Service$33,571
Aspire Indiana Health Carmel, INHuman Service$22,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $36,543,477 $12,578,114 $3,214,712 $1,555,961
2024 $30,858,013 $5,519,519 $2,977,316 $911,015
2023 $28,182,520 $2,309,487 $2,388,299 $691,770
Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$36,543,477$30,858,013$28,182,520
Revenue$12,578,114$5,519,519$2,309,487
Expenses$3,214,712$2,977,316$2,388,299
Net Investment Income$7,671,740$1,983,161$1,085,462

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 25, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS September 15, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS August 14, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Koty McDole as chair; Jill McKinney as secretary; Brian Donahue as executive committee member; Gina Brisco as treasurer; and Eric Davis, Libby Manning, LJ Mechem, Kim Townsend, Terri Austin and Terry Truitt as directors. The foundation’s website identifies Ben Davis as president.

Madison County Community Foundation Inc is led by Ben Davis, President on every filing since 2022; 1 of 12 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Ben Davis

    President

    On filings since 2022

    40 hrs/week

    $44K (2022) → $116K (2025)

  • Koty McDole

    Chair

    Director → Chair, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Eric Davis

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kim Townsend

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Suahil Housholder

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Terri Austin

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Terry Truitt

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Libby Manning

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Lj Mechem

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Brian Donahue

    Executive Committee M

    Director → Treasurer, 2022

    Treasurer → Executive Committee M, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gina Brisco

    Treasurer

    Director → Treasurer, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jill McKinney

    Secretary

    Director → Secretary, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (20)
  • Former: Laine Wolfe (2020–2024) — Director
  • Former: Tom Beeman (2020–2024) — Director
  • Former: Larry Mechem (2024) — Director
  • Former: Michele Hockwalt (2024) — Director
  • Former: Beth Tharp (2020–2023) — Director
  • Former: John Pistole (2020–2023) — Director
  • Former: Mary Jamerson (2020–2023) — Director
  • Former: Nancy Likens (2020–2023) — Chair Emeritus
  • Former: Rob Loose (2020–2023) — Director
  • Former: Bill Watson (2021–2023) — Director
  • Former: Steve Madinger (2021–2023) — Director
  • Former: Laine Patterson (2022–2023) — Secretary
  • Former: Craig Dunkin (2020–2021) — Director
  • Former: Jim Ault (2020–2021) — Director
  • Former: Sally A DeVoe (2020–2021) — Executive Director
  • Former: Janine Barajas (2021) — Director
  • Former: Kyle Noone (2021) — Director
  • Former: Melissa Brisco (2021) — Director
  • Former: Molly Weiandt (2021) — Director
  • Former: Stephen Madinger (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Ben Davis — President: $116KBen DavisPresident$116K

The highest reported compensation on the 2025 filing was $116K, to Ben Davis (President).

Contact

Mailing address: 911 Meridian Street, Anderson, IN 46016
Phone: (765) 644-0002
Website: https://madisonccf.org

Frequently asked questions about Madison County Community Foundation Inc

How much does Madison County Community Foundation Inc give each year?

Madison County Community Foundation Inc gave $1.6M across 52 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $911K across 42 grants.

What is Madison County Community Foundation Inc's typical grant size?

Madison County Community Foundation Inc's median grant in 2025 was $10,000, and its average grant was $29,922, across 52 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Madison County Community Foundation Inc that year got $38K on average.

Where does Madison County Community Foundation Inc give grants?

Madison County Community Foundation Inc gives mostly in Indiana: 94% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Anderson, IN (28 grants), Indianapolis, IN (8 grants), Pendleton, IN (4 grants) and Muncie, IN (2 grants).

Does Madison County Community Foundation Inc give general operating support?

Yes: 42% of Madison County Community Foundation Inc's 2025 grants with a stated purpose (22 of 52) were for general or operating support, per its 2025 IRS Form 990. Recurring purposes include "Human Service" (13 grants), "Arts, Culture, Hist." (5 grants) and "Faith & Spirituality" (4 grants).

Who are Madison County Community Foundation Inc's largest grantees?

Madison County Community Foundation Inc's largest 2025 grantees include South Madison Community Foundation ($506,250), Anderson Symphony Orchestra ($170,718) and Anderson Fine Arts Foundation ($129,578), according to its 2025 IRS Form 990. Together they received 52% of its itemized 2025 grant dollars.

How large is Madison County Community Foundation Inc?

Madison County Community Foundation Inc reported $36.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $12.6M.

What does Madison County Community Foundation Inc fund?

The foundation’s stated mission is to invest in lasting positive change to elevate and strengthen Madison County. See mission & focus areas ↑

How do I apply for a grant from Madison County Community Foundation Inc?

Madison County Community Foundation Inc has no public application process in the sources Grantable reviewed. Check madisonccf.org for current guidelines, or contact the foundation directly before submitting a request.

What is Madison County Community Foundation Inc's EIN?

Madison County Community Foundation Inc's EIN (Employer Identification Number) is 35-1859959. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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