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
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
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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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
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Total Given
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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