The Madison Foundation 2023 Annual Report

2023 Annual Report

From the President

Madison is a wonderful community, and we are fortunate that our citizens are generous with both their time and resources. Your generosity helps to ensure that the needs of our town are met and we at The Madison Foundation are honored to play a role in actively serving our community.

Our mission is to connect individuals with the means to give to organizations in our community that need assistance to carry on their mission. Thanks to your extraordinary support, we have channeled more than $1.8 million back into our community during our 27 years of service. In addition, we have established more than 43 endowed funds and have assets of more than $2 million under management.

We are pleased to share with you our operating results for 2023 and to highlight the activities of fi ve of our endowed funds: APK Charities, demandZERO, the Guilford Savings Bank Charitable Fund, Mad for Trees, and Neighbor to Neighbor (N2N). These fi ve funds, along with 38 others, make up the endowed portion of The Madison Foundation. By exploring their purpose and activities, you will gain an understanding of the expanding breadth of the Foundation’s public service.

In addition to our endowed funds, many of which are designated for specific purposes, we also engage in ongoing fundraising and an annual appeal through which we raise unrestricted funds for supporting various grant requests from the community. Contributions are also possible by joining our Heritage Society, in which members provide for future funding through their estate plans.

In total, for 2023, we raised $461,365 in contributions and disbursed $311,511 in grant requests. Our Board of Directors remains committed to continuing—and growing—the Foundation’s service to the Madison community.

David Allen
President, Board of Directors
The Madison Foundation

Download The Madison Foundation 2023 Annual Report

Annual Reports

2022 Annual Report

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      2020 Annual Report

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        2019 Annual Report

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