Madison Grace Memorial Foundation

Foundation · Grantmaker Wilmington, DE EIN: 93-2570129

Madison Grace Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $399K in total assets. In 2025, it awarded 3 grants totaling $8K. Net investment income was $8K.

Key facts about Madison Grace Memorial Foundation

In short: Madison Grace Memorial Foundation gave $8K across 3 grants in 2025 (avg $3K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

EIN
93-2570129
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$7,500
Grants made (2025)
3
Average grant
$2,500
Median grant
$2,500
Total assets
$399,419
Primary geography
Pennsylvania (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$399K

+38.3% YoY

Annual Giving

$8K

+19.1% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$3K

-20.6% YoY

Under IRS private-foundation payout rules, Madison Grace Memorial Foundation reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.

How Madison Grace Memorial Foundation gives

  • In 2025 it paid out 124% of its IRS minimum distribution (the 5% rule). 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

1state

Share of all 3 itemized 2025 grant dollars.

States

Cities

CollegevillePhiladelphiaNorristown

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K0 grants20232 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Norristown Zoological Society: $4KNorristown Zoological Society$4KSebastian Riding Associates Inc: $3KSebastian Riding AssociatesInc$3KZoological Society of Philadelphia: $1KZoological Society ofPhiladelphia$1K

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
NORRISTOWN ZOOLOGICAL SOCIETY Norristown, PANature Play Playground Fund$4,000
SEBASTIAN RIDING ASSOCIATES INC Collegeville, PAGeneral & Unrestricted$2,500
ZOOLOGICAL SOCIETY OF PHILADELPHIA Philadelphia, PAGeneral & Unrestricted$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K202320242025
Metric202520242023
Total Assets$399,419$288,753$115,001
Revenue$128,095$189,478$115,001
Expenses$17,429$15,726—
Qualifying Distributions$17,367$15,726—
Net Investment Income$8,095$4,478$1
Distributable Amount$14,040$5,444$207

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 20, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
  3. Updated Form 990-PF for fiscal year 2025 (received by the IRS June 12, 2026)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 20, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS June 12, 2026)
  7. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Madison Grace Memorial Foundation is led by Renee Reed, Director, President, Secretary & Treasurer on every filing since 2023; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Renee Reed

    Director, President, Secretary & Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

  • Heather Mills

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Monica Drzewicki

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2025. "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 Madison Grace Memorial Foundation

How much does Madison Grace Memorial Foundation give each year?

Madison Grace Memorial Foundation gave $8K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 2 grants.

What is Madison Grace Memorial Foundation's typical grant size?

Madison Grace Memorial Foundation's median grant in 2025 was $2,500, and its average grant was $2,500, across 3 grants on its 2025 IRS Form 990-PF.

Where does Madison Grace Memorial Foundation give grants?

Madison Grace Memorial Foundation gives mostly in Pennsylvania: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Madison Grace Memorial Foundation give general operating support?

Yes: 67% of Madison Grace Memorial Foundation's 2025 grants with a stated purpose (2 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Madison Grace Memorial Foundation?

Madison Grace Memorial Foundation reported $399K in total assets on its 2025 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).

What is Madison Grace Memorial Foundation?

Madison Grace Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $399K in total assets as of 2025.

What is Madison Grace Memorial Foundation's EIN?

Madison Grace Memorial Foundation's EIN (Employer Identification Number) is 93-2570129. IRS Form 990 filing data is available on this page for 2023–2025.

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

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