Madmone Inc is a private foundation based in Richmond, Virginia (with a mailing address in Henrico, VA). The organization operates as a 501(c)(3) charitable organization focused on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+7.8% YoY
Annual Giving
$330K
+14.4% YoY
Grant Count
38
+5.6% YoY
Avg Grant Size
$9K
+8.4% YoY
Under IRS private-foundation payout rules, Madmone Inc reported a distributable amount of $318K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Madmone's grant-making priorities include:
- Education (including charter schools, K-12 schools, and Head Start programs)
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Community Health and Medical Services
- Management & Technical Assistance
Grantmaking
Ready to take the next step with Madmone Inc?
Geographic Focus
Where this funder awards grants
Madmone primarily funds organizations in:
- Virginia
- New York
- Ohio
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $3,021,072
- Total Annual Giving: $288,500
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,255,630 | $3,021,072 | $2,945,722 |
| Revenue | $590,444 | $405,858 | $183,369 |
| Expenses | $370,561 | $326,604 | $358,646 |
| Qualifying Distributions | $330,000 | $288,500 | $313,000 |
| Net Investment Income | $575,372 | $387,289 | $153,695 |
| Distributable Amount | $317,914 | $281,324 | $296,378 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
183 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bon Secours Foundation ($55,000), Worcester Polytechnic Institute ($50,000), Anna Julia Cooper School ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN HEART ASSOCIATION GLEN ALLEN, VA | TO SUPPORT CHARITABLE PURPOSE | $6,000 |
| AMNESTY INTERNATIONAL | TO SUPPORT CHARITABLE PURPOSE | $4,000 |
| AMPHIBIAN AND REPTILE CONSERV MARTINSVILLE, NJ | TO SUPPORT CHARITABLE PURPOSE | $5,000 |
| ANNA JULIA COOPER SCHOOL RICHMOND, VA | TO SUPPORT CHARITABLE PURPOSE | $25,000 |
| BON SECOURS FOUNDATION RICHMOND, VA | TO SUPPORT CHARITABLE PURPOSE | $55,000 |
| CHURCH OF THE GOOD SHEPHERD HOLBROOK, NY | TO SUPPORT CHARITABLE PURPOSE | $5,000 |
| CKG FDN SPEAK UP HENRICO, VA | TO SUPPORT CHARITABLE PURPOSE | $15,000 |
| CLEVELAND HEARING AND SPEECH CLEVELAND, OH | TO SUPPORT CHARITABLE PURPOSE | $10,000 |
| COMFORT ZONE CAMP RICHMOND, VA | TO SUPPORT CHARITABLE PURPOSE | $1,000 |
| CONNOR'S HEROES FOUNDATION RICHMOND, VA | TO SUPPORT CHARITABLE PURPOSE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK F O'NEIL | DIRECTOR/PRESIDENT | — | — |
| MONIQUE C O'NEIL | DIRECTOR/VICE PRESIDENT | — | — |
| MARY-FRANCES HORAN | DIRECTOR/TREASURER/SECRETA | — | — |
Contact Information
- Address: 453 Rivergate Drive, Richmond, VA 23238-6421
- Telephone: 516-734-3703
- EIN: 47-5131103
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Madmone Inc fund?
Madmone's grant-making priorities include: • Education (including charter schools, K-12 schools, and Head Start programs) • Philanthropy, Voluntarism & Grantmaking • Human Services • Community Health and Medical Services • Management & Technical Assistance
How do I apply for a grant from Madmone Inc?
**Grant Amounts:** Typical awards range from $1,000 to $80,000 **Annual Giving:** $288,500 (based on most recent IRS Form 990 filing from 2023) **Grant Activity:** The foundation does not currently maintain live grant opportunities.
Where does Madmone Inc make grants?
Madmone primarily funds organizations in: • Virginia • New York • Ohio
What size grants does Madmone Inc award?
In 2024, Madmone Inc awarded 38 grants totaling $330K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Madmone Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Madmone Inc reported a distributable amount of $318K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Madmone Inc's EIN?
Madmone Inc's EIN (Employer Identification Number) is 47-5131103. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Madmone Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Verizon Foundation
BASKING RIDGE, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$444.9M
Grants
10,157
Total Given
$466.3M
The Community Foundation Inc
RICHMOND, VA
Assets
$852.4M
Grants
917
Total Given
$61.8M
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Chubb Charitable Foundation
PHILADELPHIA, PA
Assets
$74.9M
Grants
3,719
Total Given
$6.3M
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Madmone Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Madmone Inc to a real strategy.