Madison Grace Memorial Foundation
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 2024. As of 2024, the organization holds $289K in total assets. In 2024, it awarded 2 grants totaling $6K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$289K
+151.1% YoY
Annual Giving
$6K
Grant Count
2
Avg Grant Size
$3K
Under IRS private-foundation payout rules, Madison Grace Memorial Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Madison Grace Memorial Foundation
Based on IRS filings
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 2024. As of 2024, the organization holds $289K in total assets. In 2024, it awarded 2 grants totaling $6K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $288,753 | $115,001 |
| Revenue | $189,478 | $115,001 |
| Expenses | $15,726 | — |
| Qualifying Distributions | $15,726 | — |
| Net Investment Income | $4,478 | $1 |
| Distributable Amount | $5,444 | $207 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Childrens Hospital of Philadelphia Foundation ($3,799), Sebastian Riding Associates Inc ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SEBASTIAN RIDING ASSOCIATES INC COLLEGEVILLE, PA | 2024 Blue Ribbon Sponsorship - Galen | $2,500 |
| THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION PHILADELPHIA, PA | General & Unrestricted | $3,799 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Monica Drzewicki | Dir | 1 | — |
| Heather Mills | Dir | 1 | — |
| Renee Reed | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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 $289K in total assets as of 2024.
How large is Madison Grace Memorial Foundation?
As of 2024, Madison Grace Memorial Foundation holds $289K in total assets with $189K in annual revenue. It awarded 2 grants totaling $6K in 2024.
Where does Madison Grace Memorial Foundation operate?
Madison Grace Memorial Foundation has awarded grants in Pennsylvania.
What size grants does Madison Grace Memorial Foundation award?
In 2024, Madison Grace Memorial Foundation awarded 2 grants totaling $6K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Madison Grace Memorial Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Madison Grace Memorial Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2023–2024.
Explore Open Grants
Browse active grant opportunities in Madison Grace Memorial Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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