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Virginia · Nonprofit

JAMES MADISON EDUCATION FUND INC

JAMES MADISON EDUCATION FUND INC (Virginia) receives grants from 10 organizations whose IRS filings report $552,249 to it, the largest being THE FAIRLEIGH SDICKINSONJRFOUNDATIONINC ($284,000). 4 of them have funded it in more than one year.

Revenue FY2024
$1.2M
Funders on record
10
Grants received
$552k
Net assets
$23M
4/10 repeat funderspeak grant-dependency 20%
01What it does

What James Madison Education Fund Inc does

Mission

To support the purposes and activities of the james madison memorial fellowship foundation.(continued on schedule o)

As stated on its FY2024 Form 990.

Programs

  1. Summer institute and fellow support: as part of the james madison fellowship program, each fellow attends the four-week summer institute on the constitution held in july in washington, dc. Fellows attend the institute at georgetown university after they have matriculated in a graduate program and commenced coursework. The academic focus of the institute is a graduate course entitled, the foundations of american constitutionalism. Taught by constitutional scholars, this course is a study of the principles, framing, ratification and implementation of constitutional government in the united states. One of the informal benefits of attending the institute is the opportunity for interaction with a wide range of individuals whose varied interests can lead to enduring friendships and professional associations.

    $339,151 spentof which $155,866 as grants
    82% of program spending
  2. Constitutional conversations video series: to fulfill the foundations mission to provide resources for all teachers about the constitution, the foundation has embarked on a multi-year video project, constitutional conversations: twenty-minute discussions about the principles, framing, ratification, and implementation of american constitutional government. Available on the foundations youtube channel, vimeo and teacher tube, the videos are designed for adult learners as well as advanced high school students. Each video is divided into several shorter segments for easy integration into a typical class period.

    $67,395 spent
    16% of program spending
  3. Teacher outreach: the annual james madison lecture is held each july and brings outstanding scholars of the american constitution to washington, dc to address the summer institute participants. The symposium is also the annual alumnae gathering for all james madison fellows, and the event is open to the public. A reception follows the presentation.

    $7,489 spent
    2% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $414,035.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($664k) Expenses 100 ($315k) Net assets 100 ($16M)2018 Revenue 106 ($701k) Expenses 110 ($348k) Net assets 93 ($15M)2019 Revenue 113 ($747k) Expenses 117 ($368k) Net assets 110 ($17M)2020 Revenue 81 ($535k) Expenses 80 ($251k) Net assets 122 ($19M)2021 Revenue 122 ($808k) Expenses 183 ($577k) Net assets 138 ($22M)2022 Revenue 118 ($786k) Expenses 112 ($354k) Net assets 121 ($19M)2023 Revenue 105 ($695k) Expenses 167 ($528k) Net assets 136 ($21M)2024 Revenue 177 ($1.2M) Expenses 194 ($612k) Net assets 148 ($23M)
'17'18'19'20'21'22'23'24
Revenue (177)Expenses (194)Net assets (148)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $22M to $19M (−12%).

$16M
$15M
$17M
$19M
$22M
$19M
$21M
$23M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

19% of JAMES MADISON EDUCATION FUND INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$349k
’17
$354k
’18
$379k
’19
$284k
’20
$232k
’21
$432k
’22
$168k
’23
$562k
’24
9.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed33333334
Joined·+0+0+0+1+1+0+1
No longer listed·0001100
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $18k → $29k.

2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of JAMES MADISON EDUCATION FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

JAMES MADISON EDUCATION FUND INC leans on a few funders — its largest provides 51% of grant income and the top three 78%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

51%
largest funder
78%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 48% · 2022 31% · 2023 41% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

67% of JAMES MADISON EDUCATION FUND INC's funders are still giving 2 years after their first grant; 40% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

JAMES MADISON EDUCATION FUND INC draws 100% of its grant income from funders outside Virginia, across 5 states in all.

IL
MI
OK
TX
FL

In-state vs out-of-state, by year

’19
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $73k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

JAMES MADISON EDUCATION FUND INC runs a healthier operating margin than three-quarters of the 5,127 arts & culture nonprofits its size.

Operating margin48% · top quartile
Months of reserve9.3mo · top quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024

Organizations like JAMES MADISON EDUCATION FUND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 22%Fundraising 0%

Governance

3
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • James Madison Memorial Fellowship · exempt

Screen this organization

A dated, signed PDF of the compliance screen for JAMES MADISON EDUCATION FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds JAMES MADISON EDUCATION FUND INC?
JAMES MADISON EDUCATION FUND INC (Virginia) receives grants from 10 organizations whose IRS filings report $552,249 to it, the largest being THE FAIRLEIGH SDICKINSONJRFOUNDATIONINC ($284,000). 4 of them have funded it in more than one year.
How many funders does JAMES MADISON EDUCATION FUND INC have?
IRS filings report 10 organizations giving $552,249 in grants to JAMES MADISON EDUCATION FUND INC, 4 of which have funded it in more than one year.
Who is the largest funder of JAMES MADISON EDUCATION FUND INC?
THE FAIRLEIGH SDICKINSONJRFOUNDATIONINC is the largest funder on record, with $284,000 in grants. The full list of funders is on this page.
How can an organization like JAMES MADISON EDUCATION FUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing