CHARITABLE
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+12.8% YoY
Annual Giving
$142K
-18.4% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$47K
+8.7% YoY
About The Madison Foundation
Based on IRS filings
The Madison Foundation is a nonprofit organization focused on Health, based in MADISON, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 3 grants totaling $142K. Net investment income was $76K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,450,342 | $2,172,421 | $1,917,568 |
| Revenue | $505,167 | $483,470 | $430,540 |
| Expenses | $363,810 | $390,451 | $292,911 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $75,769 | $52,158 | $28,576 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Open Grants
4 open opportunities from The Madison Foundation
General Grant Program
THE MADISON FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Hero Volunteer Award
THE MADISON FOUNDATION
Amount
$2,500
Deadline
Rolling / Open
Madison Foundation Grant
THE MADISON FOUNDATION
Amount
Varies
Deadline
Rolling / Open
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 |
|---|---|---|---|
| DAVID ALLEN | President | 3 | — |
| STEPHEN DOWLER | Vice President | 2 | — |
| ANDREW CIALEK | Treasurer | 3 | — |
| JOANNE DUBOSQUE | Director | 2 | — |
| GEOFF PALMER | Director | 2 | — |
| JON LECKERLING | Director | 2 | — |
| LAURIE HEFLIN | Director | 2 | — |
| KAREN SICLARI | Director | 2 | — |
| RENEE PALLENBERG | Director | 2 | — |
| LEIGH HIGGINS | Secretary | 2 | — |
| ALICE GORDON | DIRECTOR EMERITUS | 2 | — |
| GEOFF PALMER | DIRECTOR EMERITUS | 2 | — |
| JOHN BRADY | DIRECTOR EMERITUS | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Madison Foundation on Grantable?
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