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Madison County Community

Foundation · Grantmaker Anderson, IN EIN: 35-1859959 Website

Our goal at madison county community foundation is to invest in lasting positive change to elevate and strengthen madison county. We envision madison county as a community where every person has the opportunity to thrive.

Key facts about Madison County Community

In short: Madison County Community 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 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.

About Madison County Community

Based on IRS filings

Madison County Community is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Anderson, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $36.5M in total assets. In 2025, it awarded 52 grants totaling $1.6M. Net investment income was $7.7M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 52 itemized 2025 grant dollars.

Cities

AndersonIndianapolisMuncieElwoodPendletonLapelAlexandriaRice LakeBaltimoreFranktonLexingtonCarmelDetroitFort PayneLas VegasManchesterSt Louis

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M31 grants202034 grants202140 grants202233 grants202342 grants202452 grants2025

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

Grant Size Distribution

201 grants across all recorded years

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

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

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M202020212022202320242025
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
Qualifying Distributions———
Net Investment Income$7,671,740$1,983,161$1,085,462
Distributable Amount———

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

Officers and directors from IRS filings

Madison County Community 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

Frequently asked questions about Madison County Community

How much does Madison County Community give each year?

Madison County Community 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's typical grant size?

Madison County Community'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 that year got $38K on average.

Where does Madison County Community give grants?

Madison County Community 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 give general operating support?

Yes: 42% of Madison County Community'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's largest grantees?

Madison County Community'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?

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

What is Madison County Community?

Madison County Community is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Anderson, IN. It holds $36.5M in total assets as of 2025.

What is Madison County Community's EIN?

Madison County Community'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.

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