The Madden Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.0M in total assets. In 2024, it awarded 12 grants totaling $542K. Net investment income was $548K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.0M
-23.6% YoY
Annual Giving
$542K
+37.8% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$45K
+49.3% YoY
Under IRS private-foundation payout rules, The Madden Foundation Inc reported a distributable amount of $526K for 2024 — the minimum it must pay out in qualifying distributions.
About The Madden Foundation Inc
Based on IRS filings
The Madden Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.0M in total assets. In 2024, it awarded 12 grants totaling $542K. Net investment income was $548K.
Focus Areas
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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 | $7,998,348 | $10,472,809 | $10,706,272 |
| Revenue | $539,057 | $369,827 | $942,170 |
| Expenses | $556,057 | $453,494 | $233,718 |
| Qualifying Distributions | $547,589 | $411,851 | $210,261 |
| Net Investment Income | $547,591 | $346,333 | $914,182 |
| Distributable Amount | $525,750 | $495,682 | $486,329 |
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
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Kentucky ($218,625), The Hill School ($117,000), Commonwealth Causes Inc ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUEGRASS CARE NAVIGATORS LEXINGTON, KY | GENERAL ASSISTANCE | $10,000 |
| CAMBRIDGE IN AMERICA NEW YORK, NY | GENERAL ASSISTANCE | $25,000 |
| COMMONWEALTH CAUSES INC LEXINGTON, KY | GENERAL ASSISTANCE | $100,000 |
| HEADLEY-WHITNEY MUSEUM LEXINGTON, KY | GENERAL ASSISTANCE | $5,000 |
| HOBE SOUND COMMUNITY CHEST INC HOBE SOUND, FL | GENERAL ASSISTANCE | $1,000 |
| INDIANA UNIVERSITY SOUTHEAST NEW ALBANY, IN | GENERAL ASSISTANCE | $10,000 |
| KENTUCKY HORSE PARK FOUNDATION LEXINGTON, KY | GENERAL ASSISTANCE | $15,000 |
| ROWAN COUNTY COMMUNITY FUND LEXINGTON, KY | GENERAL ASSISTANCE | $10,000 |
| SMU ATHLETICS DALLAS, TX | GENERAL ASSISTANCE | $25,000 |
| THE HILL SCHOOL POTTSTOWN, PA | GENERAL ASSISTANCE | $117,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICK MADDEN | DIRECTOR/CEO | 1 | — |
| CAROLINE MADDEN | DIRECTOR/SECRETARY | 1 | — |
| PATRICK FITZGERALD | DIRECTOR/CFO | 1 | — |
| MICHAEL MADDEN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Madden Foundation Inc?
The Madden Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, KY. It holds $8.0M in total assets as of 2024.
How large is The Madden Foundation Inc?
As of 2024, The Madden Foundation Inc holds $8.0M in total assets with $539K in annual revenue. It awarded 12 grants totaling $542K in 2024.
Where does The Madden Foundation Inc operate?
The Madden Foundation Inc has awarded grants in Florida, Georgia, Indiana, Kentucky, Massachusetts, North Carolina, New York, Pennsylvania, Texas.
What size grants does The Madden Foundation Inc award?
In 2024, The Madden Foundation Inc awarded 12 grants totaling $542K — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is The Madden Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Madden Foundation Inc reported a distributable amount of $526K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Madden Foundation Inc's EIN?
The Madden Foundation Inc's EIN (Employer Identification Number) is 85-0653202. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Madden Foundation Inc'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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