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Madison Education Foundation

MADISON, NJ EIN: 43-2001702 Website

THE MADISON EDUCATION FOUNDATION WAS FORMED TO (I)ENHANCE & EXPAND EDUCATIONAL ENRICHMENT OPPORTUNITIES FOR ALL STUDENTS IN THE MADISON PUBLIC SCHOOL DISTRICT AND (II) SUPPORT LONG-RANGE FLEXIBILITY FOR DISTRICT SCHOOLS BY ENCOURAGING COMMUNITY WIDE PARTICIPATION & PHILANTROPY FOR EDUCATIONAL INITIATIVES. THE FOUNDATION'S MISSION IS TO CONTRIBUTE TO EDUCATIONAL INNOVATION BY FUNDING IDEAS PROPOSED BY FACULTY & STAFF DESIGNED TO PROVIDE STUDENTS WITH KNOWLEDGE & SKILLS.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$97K

-31.6% YoY

Revenue

$111K

-10.5% YoY

Net Investment Income

$673

+35.4% YoY

Expenses

$157K

+62.8% YoY

About Madison Education Foundation

Based on IRS filings

Madison Education Foundation is a nonprofit organization focused on Education, based in MADISON, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $97K in total assets. Net investment income was $673.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

MADISON

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$43K$87K$130K$173K202020212022202320242025
Metric202520242023
Total Assets$97,277$142,202$115,259
Revenue$110,585$123,596$100,837
Expenses$157,360$96,654$139,428
Qualifying Distributions
Net Investment Income$673$497$94
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$26K$53K$79K$106K0 grants20200 grants20214 grants20225 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

9 grants across all recorded years

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

Open Grants

2 open opportunities from Madison Education Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
MARLENA FASSPRESIDENT5
SUSAN HANTREASURER5
BERYL LINSECRETARY5

Subject Areas

Focus areas based on grantmaking activity

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

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