Madrigal Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 1 grants totaling $440K. Net investment income was $438K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.7M
-0.3% YoY
Annual Giving
$440K
-1.7% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$440K
+195.0% YoY
About Madrigal Foundation
Based on IRS filings
Madrigal Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 1 grants totaling $440K. Net investment income was $438K.
Focus Areas
Ready to take the next step with Madrigal Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,748,279 | $7,773,905 | $8,082,773 |
| Revenue | $457,772 | $185,756 | $38,559 |
| Expenses | $483,398 | $494,624 | $507,675 |
| Qualifying Distributions | $461,218 | $447,500 | $455,000 |
| Net Investment Income | $437,592 | $156,099 | $98,117 |
| Distributable Amount | $477,615 | $432,345 | $448,630 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
12 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 |
|---|---|---|---|
| ANNE C SHERRERD | DIRECTOR AND PRESIDENT | 0.1 | — |
| MICHELLE FORT | DIRECTOR AND SECRETARY | 0.1 | — |
| ALEXANDRA LAIRD | DIRECTOR AND TREASURER | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Best Little Cat House in PA
HARRISBURG, PA
Assets
$281K
Grants
0
Total Given
—
The Irene P Sorbara Charitable Foundation
PITTSBURGH, PA
Assets
$2.5M
Grants
2
Total Given
$131K
Penn and Lisa Seiple Conservancy
SUNBURY, PA
Assets
$1.5M
Grants
0
Total Given
—
Daniel M Tabas Family Foundation
HAVERFORD, PA
Assets
$8.0M
Grants
9
Total Given
$86K
John Griner Charitable Trust
PITTSBURGH, PA
Assets
$394K
Grants
1
Total Given
$20K
Shaffer Family Charitable Trust
BETHLEHEM, PA
Assets
$7.1M
Grants
15
Total Given
$610K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Madrigal Foundation 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