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Indiana · Private foundation

Madeira Fund Inc

Its FY2025 filing reports that it accepted unsolicited grant applications.

$293k
Granted FY2025(still arriving)
49
Grants FY2025
36
Organizations funded FY2024
36%
First-time grantees FY2024
Read the full brief
Median grant, FY2025
$1,000
Largest grant, FY2025
$107,470
Organizations funded a year
13 to 36
FY2020 to FY2024
States reached, FY2025
9
Total assets, FY2025
$2.9M
Applications
Takes unsolicited applications
Per its most recent filing; check its own site

How open it is to new grantees

In FY2024, 36% of the organizations Madeira Fund Inc funded were first-time grantees, receiving 21% of its grant dollars.

New vs renewed · share of each year

In FY2024, 79% of grant dollars renewed an existing relationship; $36k went to new ones.

50%100%’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’21’22’23’24
Arts & CultureEnvironmentEducationHealthAnimalsYouth DevelopmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving49$293k31%
FY202436$172k36%
FY202318$237k67%
FY202213$71k31%
FY202123$106k17%
FY202030$170kn/a
99% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.

Arts & Culture$562kEnvironment$148kEducation$142kEmployment$76kFood & Nutrition$30kHealth$22kCommunity Improvement$20kAnimals$14kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

IL
NY
OR
IN
NJ
CT
CA
CO
VA
MD
KS
TN
DC
TX

Top grantees

Largest recipients by total granted, FY2020 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 63 grantees
All grantees of Madeira Fund Inc by total granted
GranteeTotal grantedYearsShare of their budget
Indianapolis Film Project Inc$230,20835%
Woodstock Historical Foundation Inc$137,500133%
Big Car Media Inc$127,70062%
Hoosier Environmental Council Inc$90,00064%
Orchard School Foundation Inc$67,00050%
University of Indianapolis$30,00030%
The Hotchkiss School$19,00050%
Kheprw Institute dba KI NuMedia CCFI$18,50041%
Second Helpings Inc$17,00050%
Indianapolis Zoological Society Inc$13,80030%
Lanterns Foundation Inc$13,7505n/a
Newfields Inc$13,00050%
Eagle Creek Nature Conservancy and Preservation Inc$9,80013%
Central Indiana Land Trust Incorporated$9,50060%
Planned Parenthood of Indiana and Kentucky Inc$9,00030%
Eskenazi Health Foundation Inc$8,50020%
Horizon House Inc$7,75040%
The STEM Connection$6,00020%
Kurt Vonnegut Memorial Library Inc$5,33330%
The Trustees of Princeton University$5,25020%
Indiana Forest Alliance Inc$5,00030%
Holliday Park Foundation Inc$5,00010%
Bigger Picture Film Group Inc$5,0001n/a
The Bail Project Inc$5,00020%
Gleaners Food Bank of Indiana Inc$4,50030%
Vanderbilt University$4,50030%
Medecins Sans Frontieres USA Inc$4,50020%
Indiana Writers Center Inc$4,00041%
Historic Landmarks Foundation of Indiana Inc$4,00040%
The Brooklyn Institute of Arts and Sciences$3,75010%
Keep Indianapolis Beautiful Inc$3,50040%
Crooked Creek Food Pantry Inc$3,50030%
Parentchild Inc$3,50020%
Meals on Wheels Inc$3,50010%
Indianapolis Symphony Orchestra Foundation Inc$3,00020%
Syrian Emergency Task Force$3,0001n/a
Next Generation Initiative Inc$3,00012%
Tug Hill Tomorrow Land Trust$3,00030%
Greenways Foundation Inc$2,5001n/a
American Journalism Project Inc$2,5001n/a
Indiana Civil Liberties Union of Indiana Inc$2,50010%
SullivanMunce Cultural Center Inc$2,25030%
Indiana University Foundation$2,00010%
Indiana Undocumented Youth Alliance$2,00022%
Indianapolis Urban League Inc$2,00020%
Rocky Mountain Planned Parenthood Inc$1,50010%
William J Brennan Center for Justice Inc$1,50010%
Indiana Diaper Bank Inc$1,0001n/a
Untermyer Gardens Conservancy Inc$1,0001n/a
The Voter Participation Center$1,00010%
Crown Hill Heritage Foundation Inc$1,0001n/a
The Central Indiana Police Foundation Inc$1,0001n/a
One Heart - Many Hands Inc$1,00012%
Morning Dove Therapeutic Riding Inc$1,00010%
Pattern Inc$1,0001n/a
The Stone Trust Corporation$75010%
C&O Canal Trust Inc$75030%
Ground Game Texas$50010%
The Maurice C la Grua Center$25010%
Impact 100 Greater Indianapolis Inc$25010%
Wildlife Conservation Society$25010%
Room to Read$20010%
Camp Dudley Inc$10010%

What it could do for these grantees

Plus 15 recipients with no EIN on record ($110k), not named here.

Where it is load-bearing

Madeira Fund Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 53 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetIndianapolis Film Project Inc: $230,208 over 3y, 5.1% of budgetWoodstock Historical Foundation Inc: $137,500 over 1y, 33% of budgetBig Car Media Inc: $127,700 over 6y, 2.5% of budgetHoosier Environmental Council Inc: $90,000 over 6y, 3.6% of budgetOrchard School Foundation Inc: $67,000 over 5y, 0.3% of budgetUniversity of Indianapolis: $30,000 over 3y, 0.0% of budgetThe Hotchkiss School: $19,000 over 5y, 0.0% of budgetKheprw Institute dba KI NuMedia CCFI: $18,500 over 4y, 0.6% of budgetSecond Helpings Inc: $17,000 over 5y, 0.0% of budgetIndianapolis Zoological Society Inc: $13,800 over 3y, 0.0% of budgetNewfields Inc: $13,000 over 5y, 0.0% of budgetEagle Creek Nature Conservancy and Preservation Inc: $9,800 over 1y, 3.4% of budgetCentral Indiana Land Trust Incorporated: $9,500 over 6y, 0.1% of budgetPlanned Parenthood of Indiana and Kentucky Inc: $9,000 over 3y, 0.0% of budgetEskenazi Health Foundation Inc: $8,500 over 2y, 0.0% of budgetHorizon House Inc: $7,750 over 4y, 0.1% of budgetThe STEM Connection: $6,000 over 2y, 0.4% of budgetKurt Vonnegut Memorial Library Inc: $5,333 over 3y, 0.3% of budgetThe Trustees of Princeton University: $5,250 over 2y, 0.0% of budgetIndiana Forest Alliance Inc: $5,000 over 3y, 0.3% of budgetHolliday Park Foundation Inc: $5,000 over 1y, 0.4% of budgetThe Bail Project Inc: $5,000 over 2y, 0.0% of budgetGleaners Food Bank of Indiana Inc: $4,500 over 3y, 0.0% of budgetVanderbilt University: $4,500 over 3y, 0.0% of budgetMedecins Sans Frontieres USA Inc: $4,500 over 2y, 0.0% of budgetIndiana Writers Center Inc: $4,000 over 4y, 0.9% of budgetHistoric Landmarks Foundation of Indiana Inc: $4,000 over 4y, 0.0% of budgetThe Brooklyn Institute of Arts and Sciences: $3,750 over 1y, 0.0% of budgetKeep Indianapolis Beautiful Inc: $3,500 over 4y, 0.0% of budgetCrooked Creek Food Pantry Inc: $3,500 over 3y, 0.0% of budgetParentchild Inc: $3,500 over 2y, 0.0% of budgetMeals on Wheels Inc: $3,500 over 1y, 0.1% of budgetIndianapolis Symphony Orchestra Foundation Inc: $3,000 over 2y, 0.0% of budgetNext Generation Initiative Inc: $3,000 over 1y, 2.2% of budgetTug Hill Tomorrow Land Trust: $3,000 over 3y, 0.1% of budgetIndiana Civil Liberties Union of Indiana Inc: $2,500 over 1y, 0.3% of budgetSullivanMunce Cultural Center Inc: $2,250 over 3y, 0.4% of budgetIndiana University Foundation: $2,000 over 1y, 0.0% of budgetIndiana Undocumented Youth Alliance: $2,000 over 2y, 1.7% of budgetIndianapolis Urban League Inc: $2,000 over 2y, 0.0% of budgetRocky Mountain Planned Parenthood Inc: $1,500 over 1y, 0.0% of budgetWilliam J Brennan Center for Justice Inc: $1,500 over 1y, 0.0% of budgetThe Voter Participation Center: $1,000 over 1y, 0.0% of budgetOne Heart - Many Hands Inc: $1,000 over 1y, 1.8% of budgetMorning Dove Therapeutic Riding Inc: $1,000 over 1y, 0.3% of budgetThe Stone Trust Corporation: $750 over 1y, 0.0% of budgetC&O Canal Trust Inc: $750 over 3y, 0.0% of budgetGround Game Texas: $500 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 53.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Lilly Endowment IncIN49.1× affinity26 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Lilly Endowment Inc · Central Indiana Community Foundation Inc · Nicholas H Noyes Jr Memorial Foundation · The Indianapolis Foundation Inc · Richard M Fairbanks Foundation Inc · Eugene & Marilyn Glick Foundation · Griffith Family Foundation Inc · Allen Whitehill Clowes Charitable Foundation Inc · Maurer Family Foundation Inc · Lumina Foundation for Education Inc · Dorsey Foundation Inc · Nina Mason Pulliam Charitable Trust

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Madeira Fund Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Madeira Fund Inc?

Find your warmest path to Madeira Fund Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Madeira Fund Inc

How much does Madeira Fund Inc give?
Madeira Fund Inc reported 49 grants totaling $292,953 in its FY2025 IRS filing. It funded between 13 and 36 organizations a year over FY2020 to FY2024.
What does Madeira Fund Inc fund?
By grant dollars over FY2020 to FY2025, its largest causes are Arts & Culture (53%), Environment (14%), Education (13%).
Who are Madeira Fund Inc's largest grantees?
By total granted over FY2020 to FY2025: Indianapolis Film Project Inc ($230k), Woodstock Historical Foundation Inc ($138k), Big Car Media Inc ($128k).
Does Madeira Fund Inc fund new organizations?
In FY2024, 36% of the organizations it funded were first-time grantees.
Does Madeira Fund Inc accept unsolicited applications?
Its most recent filing reports that it accepts unsolicited grant applications.
Which funders back the same organizations as Madeira Fund Inc?
Its strongest co-funders, measured against what their size predicts, include Lilly Endowment Inc, Central Indiana Community Foundation Inc, Nicholas H Noyes Jr Memorial Foundation.
Where is Madeira Fund Inc based?
Madeira Fund Inc is based in IN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 81 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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