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 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
Share of all 3 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NORRISTOWN ZOOLOGICAL SOCIETY Norristown, PA | Nature Play Playground Fund | $4,000 |
| SEBASTIAN RIDING ASSOCIATES INC Collegeville, PA | General & Unrestricted | $2,500 |
| ZOOLOGICAL SOCIETY OF PHILADELPHIA Philadelphia, PA | General & Unrestricted | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 20, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS June 12, 2026)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 20, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 12, 2026)
- 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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