Overview
What is James Madison Education Fund Inc?
James Madison Education Fund Inc, based in Alexandria, Virginia, is a nonprofit organization primarily focused on supporting the James Madison Memorial Fellowship Foundation. Their primary activity involves organizing a four-week summer institute on the Constitution held at Georgetown University. This program is specifically for graduate students who have started their coursework. The academic focus of the institute is a graduate-level course titled "The Foundations of American Constitutionalism." Taught by constitutional scholars, this course delves into the principles, framing, ratification, and implementation of constitutional government in the United States. Attending the institute also provides an informal benefit of networking with a diverse group of individuals, potentially leading to lifelong friendships and professional associations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
James Madison Education Fund Inc has received an overall rating of 82% from Charity Navigator, indicating a solid performance in Accountability & Finance. This score reflects a strong commitment to transparency and responsible financial management, with 100% of its board members being independent and a well-structured board in place.
The organization demonstrates a high level of financial health, evidenced by a low liabilities to assets ratio of just 0.15%. Additionally, it has a robust program expense ratio of 79.13%, suggesting that the majority of its funds are directed towards fulfilling its mission rather than administrative costs. Furthermore, the charity maintains comprehensive records, including board meeting minutes, and has undergone annual audits, reinforcing its accountability.
While the rating is commendable, it is based solely on the Accountability & Finance beacon, which means other aspects such as Impact and Leadership are not assessed in this score. Prospective donors may want to seek additional information about the charity's programmatic effectiveness and overall impact on its community.
This AI summary has been generated from information found on Charity Navigator.
Is James Madison Education Fund Inc legitimate?
James Madison Education Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. James Madison Education Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of James Madison Education Fund Inc?
The James Madison Education Fund Inc's mission is primarily focused on supporting the objectives and activities of the James Madison Memorial Fellowship Foundation. Specifically, they provide assistance for the renowned James Madison Fellowship Program, which includes a four-week summer institute on constitutionalism for selected fellows. This institute, held at Georgetown University, offers a graduate-level course titled "The Foundations of American Constitutionalism." Taught by constitutional scholars, this course delves into the principles, creation, ratification, and implementation of constitutional governance in the United States. Attending the institute also provides an opportunity for fellows to connect with a diverse range of individuals, potentially fostering lasting friendships and professional relationships.
Who is the CEO of James Madison Education Fund Inc?
Lewis F Larsen is the Treasurer of James Madison Education Fund Inc.
What is the revenue of James Madison Education Fund Inc?
James Madison Education Fund Inc's revenue in 2022 was $785,616.
Who are the executives of James Madison Education Fund Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $2,585
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for James Madison Education Fund Inc?
James Madison Education Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of James Madison Education Fund Inc
James Madison Education Fund Inc is committed to supporting the objectives and activities of the James Madison Memorial Fellowship Foundation. In essence, its mission is to reinforce and advance the work of this foundation. This support is primarily directed towards the James Madison Fellowship Program, which is a substantial component of its operations.
As part of this program, each fellow undertakes a four-week summer institute on the Constitution held in July in Washington D.C. This institute is hosted at Georgetown University, and it is designed for individuals who have enrolled in a graduate program and have commenced their coursework. The academic focus of this institute is a graduate-level course titled, 'The Foundations of American Constitutionalism.' This course is taught by constitutional scholars, providing a comprehensive study of the principles, framing, ratification, and implementation of constitutional government in the United States.
Attending this institute offers more than just academic benefits. It provides an opportunity for fellows to interact with a diverse array of individuals. These interactions can lead to enduring friendships and professional associations, thereby enriching their personal and professional lives. In essence, James Madison Education Fund Inc's mission is to bolster the James Madison Memorial Fellowship Foundation's activities by supporting its fellowship program and facilitating these enriching experiences.
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Impact
July, 2024
James Madison Education Fund Inc's impact is centered around supporting the James Madison Memorial Fellowship Foundation in its mission to educate and empower future leaders in the field of American constitutionalism. Through activities such as the Summer Institute and fellow support, the organization helps fellows deepen their understanding of the principles, framing, ratification, and implementation of constitutional government in the United States. By facilitating interactions with constitutional scholars and fostering networking opportunities, the fund plays a crucial role in building a community of individuals dedicated to upholding and advancing the values enshrined in the American Constitution.
This information is meant to be a general summary of James Madison Education Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $380,529
- Gross Receipts: $816,751
Assets and Liabilities:
- Total Assets: $18,912,728
- Total Liabilities: $29,148
- Net Assets: $18,883,580
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Organization Details
Founding Year
1994
Principal Officer
Lewis F Larsen
Main Address
1613 Duke Street, Alexandria, VA, 223143406
NTEE Category
Code: A99 - Arts
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