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Madeira Fund Inc at a glance

· Private foundation

Madeira Fund Inc

Its FY2025 filing reports that it accepted unsolicited grant applications.

$293k
Granted FY2025still arriving
49
Grants FY2025still arriving
9
States reached
$107k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0199% 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
02FY2025 · 49 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k46 grants · $92k
  • $10k–50k1 grant · $20k
  • $50k–250k2 grants · $181k
$1,000
Median grant
9
States reached
$2.9M
Total assets
Largest grants
RecipientAmount
INDIANAPOLIS FILM PROJECT INC$107,470
GOODWILL INDUSTRIES FOUNDATION$73,929
BIG CAR MEDIA INC$20,000
EAGLE CREEK NATURE CONSERVANCY & PRESERVATION INC$9,800
KHEPRW INSTITUTE$6,000
BIGGER PICTURE FILM GROUP$5,000
HOOSIER ENVIRONMENTAL COUNCIL$5,000
PLANNED PARENTHOOD OF INDIANA & KENTUCKY$5,000
ESKENAZI HEALTH FOUNDATION INC$3,500
THE STEM CONNECTION$3,000
SYRIAN EMERGENCY TASK FORCE$3,000
SECOND HELPINGS INC$3,000
INDIANAPOLIS ZOOLOGICAL SOCIETY INC$2,800
GLEANERS$2,500
GREENWAYS FOUNDATION INC$2,500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–25, $3k) land where the poverty rate runs at 16%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%Indianapolis Urban League: $1k → 16%INDIANAPOLIS URBAN LEAGUE: $1k → 16%INDIANA DIAPER BANK INC: $1k → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

IL
NY
OR
IN
NJ
CT
CA
CO
VA
MD
KS
TN
DC
TX
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

80%of every dollar goes to organizations it has funded before.
$836k · 41 repeat orgs$214k to everyone else

41 repeat relationships: 34 still active in FY2025, 7 since wound down; 15 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

41
22

Total granted

$836k
$182k

Median revenue growth · since first grant

0%
+10%

Still filing today

78%
68%

New vs renewed · share of each year

In FY2025, 89% of grant dollars renewed an existing relationship; $32k went to new ones.

50%100%’20’21’22’23’24’25
RenewedFirst-time

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

’20’21’22’23’24’25
Arts & CultureEducationEnvironmentFood & NutritionPhilanthropyCrime & LegalOther
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.

Backed again, and grew

  • IF
    INDIANAPOLIS FILM PROJECT INC
    3× · 2023–2025 · $230k · revenue +18%
  • BC
    BIG CAR MEDIA INC
    6× · 2020–2025 · $128k · revenue +75%
  • HE
    Hoosier Environmental Council Inc
    6× · 2020–2025 · $90k · revenue +228%

Funded once

  • WH
    WOODSTOCK HISTORICAL FOUNDATION INC
    one grant, 2023 · $138k · revenue -57% · 33% of their budget
  • IM
    INDIANAPOLIS MOTOR SPEEDWAY MUSEUM FOUNDATION
    one grant, 2024 · $10k
  • HP
    HOLLIDAY PARK FOUNDATION INCgraduated
    one grant, 2024 · $5k · revenue +116%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Central Indiana Corporate Partnership Inc

Central indiana corporate partnership (cicp) is an alliance of indiana's business and research university leaders coming together to foster long-term prosperity for the region. cicp's mission is to transform the economy of indiana in order…

Community Improvement
2
Indiana University Health Foundation Inc

Indiana university health foundation leverages the power of philanthropy to support the iu health goal of making indiana one of the healthiest states in the nation.

Health
3
The Indianapolis Foundation Inc

To mobilize people, ideas, and investments to make this a community where all individuals have equitable opportunity to reach their full potential - no matter place, race or identity.

Community Improvement
4
Indiana University Health West Hospital Inc

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

Health
5
Leadership Indianapolis Inc

Educate, Inspire, Connect and Mobilize Community Leaders to serve and strengthen greater Indianapolis.

Public Benefit
6
University Family Physicians Inc

Engage actively and continuously in medical research, education and training in the practice of medicine in conjunction with the department of family medicine of the indiana university school of medicine and indiana university…

—
7
Indiana University Health Frankfort Inc

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

Health
8
Enroll Indy Inc

Enroll indy helps families choose schools that meet their children's needs by providing a one-stop enrollment process, school information that is relevant and easy to understand, and data to inform school improvement in indianapolis,…

Education
9
Metropolitan Indianapolis Public Media Inc

Trusted journalism, inspiring stories and lifelong learning.

Arts & Culture
10
Indiana University Health Bloomington Inc

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

Health
11
Indianapolis Parks Foundation Inc

The parks alliance is a leader in developing and sustaining indianapolis parks and greenways by connecting resources to needs to better establish and maintain a safe and thriving community.

Recreation & Sports
12
Institute for Conservation Leadership

To support healthy communities and a healthy earth, the institute for conservation leadership strengthens leaders, organizations, coalitions and networks.

Community Improvement
How this is measured
The grantee most central to the portfolio’s shape is Planned Parenthood of Indiana and Kentucky Inc; the most unlike its peers is Eagle Creek Nature Conservancy and Preservation Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

65 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 65 of the 81 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
21
Early backer (in before they grew)
64/65
Grantees still filing
32/65
Grew since first funded

Where the money sits, by cause and then by grantee

INDIANAPOLIS FILM PROJECT INC: $230,208 · Arts & CultureINDIANAPOLIS FILM PROJECT INCWOODSTOCK HISTORICAL FOUNDATION INC: $137,500 · Arts & CultureWOODSTOCK HISTORICAL FOUNDATION INCBIG CAR MEDIA INC: $127,700 · Arts & CultureBIG CAR MEDIA INC+11 more: $46,833 · Arts & Culture+11 moreORCHARD SCHOOL FOUNDATION INC: $67,000 · EducationORCHARD SCHOOL F…University of Indianapolis: $30,000 · EducationUniversity of In…THE HOTCHKISS SCHOOL: $19,000 · EducationTHE HOTCHKISS SC…Kheprw Institute dba KI NuMedia CCFI: $18,500 · EducationKheprw Institute…The Trustees of Princeton University: $5,250 · Education+6 more: $14,200 · Education+6 moreGOODWILL INDUSTRIES FOUNDATION: $76,429 · OtherGOODWILL INDUSTRIES …LANTERNS FOUNDATION INC: $13,750 · OtherLANTERNS FOUNDATION …INDIANAPOLIS MOTOR SPEEDWAY MUSEUM FOUNDATION: $10,000 · OtherINDIANAPOLIS MOTOR S…PLANNED PARENTHOOD OF INDIANA AND KENTUCKY INC: $9,000 · OtherHORIZON HOUSE INC: $7,750 · Other+35 more: $70,354 · Other+35 moreHoosier Environmental Council Inc: $90,000 · EnvironmentHoosier Envir…Eagle Creek Nature Conservancy and Preservation Inc: $9,800 · EnvironmentEagle Creek N…CENTRAL INDIANA LAND TRUST INCORPORATED: $9,500 · EnvironmentCENTRAL INDIA…INDIANA FOREST ALLIANCE INC: $5,000 · EnvironmentHOLLIDAY PARK FOUNDATION INC: $5,000 · Environment+4 more: $9,750 · Environment+4 moreSECOND HELPINGS INC: $17,000 · Food & NutritionCROOKED CREEK FOOD PANTRY INC: $3,500 · Food & NutritionMEALS ON WHEELS INC: $3,500 · Food & NutritionIndianapolis Zoological Society Inc: $13,800 · Animals+1 more: $250 · AnimalsEskenazi Health Foundation Inc: $8,500 · HealthROCKY MOUNTAIN PLANNED PARENTHOOD INC: $1,500 · Health
Arts & Culture$542,241Education$153,950Other$187,283Environment$129,050Food & Nutrition$24,000Animals$14,050Health$10,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

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 budgetALBINA VISION TRUST INC: $5,000 over 1y, 0.0% of budgetTHE BAIL PROJECT INC: $5,000 over 2y, 0.0% of budgetUniversity of Notre Dame du Lac: $5,000 over 1y, 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 budgetCentral Indiana Community Foundation Inc: $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 budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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 IncCentral Indiana Commu…Nicholas H Noyes Jr M…The Indianapolis Foun…Richard M Fairbanks F…Eugene & Marilyn Glic…Griffith Family Found…Allen Whitehill Clowe…Maurer Family Foundat…Lumina Foundation for…Dorsey Foundation IncNina Mason Pulliam Ch…
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.

How much its grantees rely on government

Each dot is one organization Madeira Fund Inc funds: left to right is the share of its income from government, bottom to top the share from Madeira Fund Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 30%3%10%23%40%funder's share of their income ↑0%6%13%19%25%share of the org’s income from government →median 11%
  • The Trustees of Princeton University: 11% of income from government
no gov moneyreceives it· size = income
3get no government money at all
16report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–25%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
05Through Plinth

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.

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

Play a game based on Madeira’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home