Funders › Indiana

Madeira Fund Inc

Indianapolis, IN · EIN 46-1584806. Reported 119 grants totalling $784,224 to 66 recipients across tax years 2021-2024. This foundation did not tell the IRS it funds only preselected organizations.

Yesaccepts unsolicited requests
$2,000median grant
$784,224granted, 2021-2024
66recipients, as named on its returns
61%of grantees funded again the next year
$10.1Massets, latest filing

Does this foundation accept applications?

Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. Madeira Fund Inc did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.

This is the foundation's own statement to the IRS, not our judgement, and it says nothing about whether they have a form, a deadline, or an appetite for new grantees. Treat it as the reason this foundation is worth your research time, not as an invitation. Many small foundations of this kind have no website and no application process -- a letter of inquiry is the normal first step.

How big are its grants?

The median grant is $2,000. Half of everything it gave fell between $1,000 and $3,000; the smallest was $100 and the largest $137,500. If you are asking for materially more than the top of that range, you are asking the wrong foundation.

Under $1,000
12 grants
$1,000 - $5,000
82 grants
$5,000 - $10,000
12 grants
$10,000 - $25,000
7 grants
$25,000 - $50,000
1 grant
$50,000 - $100,000
3 grants
$100,000 and Up
2 grants

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by name and state as they were written on the returns, so an organization entered under two different names appears twice. Years funded is the number of separate tax years in which that name received money.

OrganizationLocationTotal receivedGrantsYears fundedLast
Indianapolis Film Project IncIndianapolis, IN$230,208332024
Woodstock Historical FoundationIndianapolis, IN$137,500112022
Big Car Media IncIndianapolis, IN$85,000442024
Goodwill Industries FoundationIndianapolis, IN$76,429222024
Hoosier Environmental CouncilIndianapolis, IN$37,500442024
Indianapolis Motor Speedway Museum FoundationIndianapolis, IN$10,000112023
Lantern FoundationIndianapolis, IN$10,000442024
University of IndianapolisIndianapolis, IN$10,000112021
Eagle Creek Nature Conservancy & Preservation IncIndianapolis, IN$9,800112024
Indianapolis Zoological Society IncIndianapolis, IN$8,800222024
Eskenazi Health Foundation IncIndianapolis, IN$8,500222024
Kheprw InstituteIndianapolis, IN$8,500222024
NewfieldsIndianapolis, IN$7,500332024
Planned Parenthood of Indiana & KentuckyIndianapolis, IN$7,000222024
Second Helpings IncIndianapolis, IN$7,000332024
The Hotchkiss SchoolLakeville, CT$7,000332024
The STEM ConnectionIndianapolis, IN$6,000222024
Kurt Vonnegut Memorial LibraryIndianapolis, IN$5,333332024
Princeton UniversityPrinceton, NJ$5,250222024
Albina Vision Trust IncPortland, OR$5,000112023
Bigger Picture Film GroupIndianapolis, IN$5,000112024
Central Indiana Land TrustIndianapolis, IN$5,000442024
Friends of Holliday ParkIndianapolis, IN$5,000112023
Indiana Forest Alliance IncIndianapolis, IN$5,000332024
Notre Dame UniversityNotre Dame, IN$5,000112021
Doctors Without BordersNew York, NY$4,500222024
GleanersIndianapolis, IN$4,500332024
Vanderbilt UniversityNashville, TN$4,500332024
Orchard School Foundation IncIndianapolis, IN$4,000332024
Horizon HouseIndianapolis, IN$3,500222024
Parent-Child Home ProgramGarden City, NY$3,500222024
Indianapolis Symphony Orchestra Fdn IncIndianapolis, IN$3,000222024
Syrian Emergency Task ForceWashington, DC$3,000112024
The Next Generation InitiativeIndianapolis, IN$3,000112022
Tug Hill Tomorrow Land TrustWatertown, NY$3,000332024
American Journalism Project IncWashington, DC$2,500112024
Christian Unity Missionary Baptist ChurcIndianapolis, IN$2,500112021
Greenways Foundation IncIndianapolis, IN$2,500112024
Bartholomew County Community FoundationColumbus, IN$2,000222024
Herron School of Art & DesignIndianapolis, IN$2,000222023
Indiana LandmarksIndianapolis, IN$2,000222024
Indiana University FoundationBloomington, IN$2,000112024
Indiana Writers CenterIndianapolis, IN$2,000222024
Keep Indianapolis BeautifulIndianapolis, IN$2,000222024
Sullivan Munce Cultural CenterZionsville, IN$2,000222024
Crooked Creek Food PantryIndianapolis, IN$1,500112024
Indiana Black Expo IncIndianapolis, IN$1,500112024
IptaNaperville, IL$1,500112022
Rocky Mountain Planned Parenthood IncDenver, CO$1,500112023
William J Brennan Center for Justice IncNew York, NY$1,500112023
Yale UniversityNew Haven, CT$1,100222024
Central Indiana Community FoundationIndianapolis, IN$1,000112021
Crown Hill Heritage FoundationIndianapolis, IN$1,000112024
Herron School of ArtIndianapolis, IN$1,000112021
Indiana Diaper Bank IncIndianapolis, IN$1,000112024
Pattern IncCarmel, IN$1,000112024
The Central Indiana Police FoundationIndianapolis, IN$1,000112024
Unity Missionary Baptist ChurchIndianapolis, IN$1,000112023
Untermyer Gardens Conservancy IncYonkers, NY$1,000112024
C & O Canal TrustWilliamsport, MD$750332024
Peace Corps FoundationGainesville, VA$504222024
Impact 100 Greater IndianapolisIndianapolis, IN$250112022
The Maurice C La Grua CenterStonington, CT$250112024
Wildlife Conservation SocietyBronx, NY$250112024
Room to ReadSan Francisco, CA$200112024
Camp Dudley YMCA IncWestport, NY$100112022

34 of 66 (52%) received money in more than one year over the 4 years we hold.

Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 61%, across 3 year-to-year transitions. The median foundation retains about 67%, so this one is about typical. This measures how often it paid the same organizations again. It says nothing about whether it would consider a new one.

What kind of organizations it funds

By the activity category the IRS assigns each recipient, for the 82 grants where we could match the recipient to a registered organization. The categories are the IRS's. The match, made from the name and address on the return, is ours.

Environment
22 grants
Arts & Culture
21 grants
Education
18 grants
Food & Nutrition
4 grants
Philanthropy & Grantmaking
3 grants
Animal Welfare
3 grants
Health Care
3 grants
Employment
2 grants

Giving by year

Tax yearGrantsTotalMedian grant
202115$77,000$2,500
202218$237,002$2,000
202337$177,269$1,500
202449$292,953$1,000

Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.

Where its money goes

94% of its giving went to organizations in Indiana. If your organization is based elsewhere, look in the recipient list for grants to your area before writing.

Indiana
$737K
New York
$14K
Connecticut
$8K
District of Columbia
$6K
New Jersey
$5K
Oregon
$5K
Tennessee
$4K
Illinois
$2K

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Funders that support the same organizations

These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are a sign of overlapping priorities and nothing more: they do not show that any of these funders would consider a new organization. Each page says what its filings show.

Fidelity Investments Charitable Gift Fund37 shared recipientsDonor Advised Charitable Giving Inc35 shared recipientsCentral Indiana Community Foundation Inc25 shared recipientsThe Indianapolis Foundation Inc24 shared recipientsLilly Endowment Inc22 shared recipientsNational Philanthropic Trust22 shared recipients

How to approach this foundation

  1. Check you are its size. The median grant is $2,000. A request many times that size asks for something it has rarely or never given.
  2. Check you are in its geography. Its giving is concentrated in Indiana.
  3. Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
  4. Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.

Where these numbers come from

Everything above is taken from Madeira Fund Inc's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Grant figures are from its returns. Matching recipients to registered organizations, their IRS classifications, the retention rate and the funders that support the same organizations are our own calculations, described in how we build this.

Address of record on the latest return: 3603 E Raymond Street, Indianapolis, IN, 46203. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.

EIN 46-1584806 · See the original filings on ProPublica · How we build this

This is history, not an open call. Foundation returns are published about a year after the tax year ends. Nothing on this page is a deadline. It is a record of who this foundation has actually funded.

Is something here wrong about your foundation? Email [email protected] and we will correct it.