The Madison Foundation for Families Inc
The Madison Foundation for Families Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 11 grants totaling $492K. Net investment income was $166K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-16.3% YoY
Annual Giving
$492K
+311.3% YoY
Grant Count
11
+10.0% YoY
Avg Grant Size
$45K
+273.9% YoY
Under IRS private-foundation payout rules, The Madison Foundation for Families Inc reported a distributable amount of $108K for 2024 — the minimum it must pay out in qualifying distributions.
About The Madison Foundation for Families Inc
Based on IRS filings
The Madison Foundation for Families Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 11 grants totaling $492K. Net investment income was $166K.
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 | $1,667,562 | $1,992,883 | $2,106,111 |
| Revenue | $181,633 | $32,499 | $312,394 |
| Expenses | $506,954 | $136,516 | $217,198 |
| Qualifying Distributions | $491,500 | $119,500 | $210,000 |
| Net Investment Income | $166,179 | $15,483 | $305,196 |
| Distributable Amount | $108,230 | $92,053 | $97,436 |
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
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Paws for Life K9 Rescue ($150,000), Orange County Museum of Art ($100,000), Gage Academy of Art ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PAWS FOR LIFE K9 RESCUE SANTA MONICA, CA | GENERAL & UNRESTRICTED | $150,000 |
| THE CDM FOUNDATION NEWPORT BEACH, CA | GENERAL & UNRESTRICTED | $12,000 |
| CATHEDRAL OF OUR LADY OF THE ANGELS LOS ANGELES, CA | GENERAL AND UNRESTRICTED | $12,500 |
| LEUKEMIA & LYMPHOMA SOCIETY NEW YORK, NY | GENERAL & UNRESTRICTED | $1,000 |
| HOAG HOSPITAL FOUNDATION NEWPORT BEACH, CA | GENERAL AND UNRESTRICTED | $8,000 |
| ORANGE COUNTY MUSEUM OF ART COSTA MESA, CA | GENERAL AND UNRESTRICTED | $100,000 |
| GAGE ACADEMY OF ART SEATTLE, WA | GENERAL AND UNRESTRICTED | $100,000 |
| FRIENDS OF OASIS CORONA DEL MAR, CA | GENERAL AND UNRESTRICTED | $2,000 |
| FRIENDS OF NOTRE-DAME DE PARIS ETNA, NH | GENERAL AND UNRESTRICTED | $100,000 |
| WALKING STRONG WEST HILLS, CA | GENERAL AND UNRESTRICTED | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOIS MADISON | President | — | — |
| NICOLE MADISON | Vice President | — | — |
| WENDY KOSTRENCICH | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Madison Foundation for Families Inc?
The Madison Foundation for Families Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. It holds $1.7M in total assets as of 2024.
How large is The Madison Foundation for Families Inc?
As of 2024, The Madison Foundation for Families Inc holds $1.7M in total assets with $182K in annual revenue. It awarded 11 grants totaling $492K in 2024.
Where does The Madison Foundation for Families Inc operate?
The Madison Foundation for Families Inc has awarded grants in California, Kentucky, New Hampshire, New York, Pennsylvania, Washington.
What size grants does The Madison Foundation for Families Inc award?
In 2024, The Madison Foundation for Families Inc awarded 11 grants totaling $492K — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is The Madison Foundation for Families Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Madison Foundation for Families Inc reported a distributable amount of $108K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Madison Foundation for Families Inc's EIN?
The Madison Foundation for Families Inc's EIN (Employer Identification Number) is 26-1122870. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Madison Foundation for Families 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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