Who we are
Our Story
James Madison Education Fund, Inc.
The James Madison Education Fund, Inc., or James Madison Fund, started in 1994 with the hope of raising money and awareness regarding the urgent need to educate America’s youth about the U.S. Constitution and the foundational principles of our nation. The concept was a simple one: Teach America’s teachers and you amplify efforts to prepare millions of young Americans to inherit the helm of civic rights and responsibility.The James Madison Fund is a non-profit, 501(c)(3) organization whose purpose is to support the James Madison Memorial Fellowship Foundation. For more information, visit www.jamesmadison.gov.
Governance
Julie E. Adams
CEO
Oliver Alwes
Secretary
Clare Iglesias
Treasurer
Board
- The Honorable Laura Dove, Chair of the Board
- Terrence K. Wright, Member
- Dr. Paul Carrese, Member
Officers
- Julie E. Adams, CEO
- Oliver Alwes, Secretary
- Clare Iglesias, Treasurer
The James Madison Education Fund, Inc. Board Members and Officers provide continuous service on a bro bono basis to the James Madison Fund. The James Madison Fund’s expenses are fully funded by its current endowment. If the James Madison Fund receives a grant, or endowment, 100% of the funds provided will be used for the expenses of the sponsored program and not used for overhead expenses.
The James Madison Education Fund, Inc. does not have an operating budget or a staff. Office space and office equipment are provided free of charge by the James Madison Memorial Fellowship Foundation. All staffing needs are provided by the employees of the James Madison Foundation on a pro bono basis.
The James Madison Fund’s expenses are fully funded by its current endowment. If the James Madison Fund receives a grant, or endowment, 100% of the funds provided will be used for the expenses of the sponsored program, and not used for overhead expenses.
Permanent Endowment
The James Madison Education Fund, Inc. is an independent non-profit organization founded in 1995 as a partner organization to the James Madison Memorial Fellowship Foundation. As the Foundation’s nonprofit partner, the James Madison Education Fund, Inc. generates financial support for the James Madison Foundation’s public programs and mission to encourage study of the United States Constitution, its roots, its formation, its principles, and its development.
For over 30 years the James Madison Education Fund, Inc. has grown and financially prospered thanks to its permanent endowment. Capital gifts from philanthropic donors ensure a strong permanent endowment and help to build the James Madison Memorial Fellowship Foundation’s Programs. Only the interest from the principal is expended to support programs, so that these gifts continue in perpetuity, helping to safeguard the James Madison Education Fund, Inc. tradition of excellence against a changing economic climate.
Our Permanent Endowment Growth
Revenue and Operating Expenses
Income generated by the James Madison Education Fund’s investments is used to support the James Madison Memorial Fellowship Foundation’s programs and activities.
Revenue*
Operating Expenses
Financial Details and Reports
Read about how the James Madison Fund supports the mission of the James Madison Foundation through the Foundation’s annual reports and Madison Notes magazine. You are also welcome to review our financials and see what independent nonprofit assessors have to say about us.
Annual Reports
- 2022 Annual Report
- 2021 Annual Report
- 2020 Annual Report
- 2019 Annual Report
- 2018 Annual Report
- 2016 Annual Report
- 2015 Annual Report
- 2013 Annual Report
- 2012 Annual Report
- 2011 Annual Report
- 2010 Annual Report
- 2009 Annual Report
- 2008 Annual Report
- 2007 Annual Report
- 2006 Annual Report
- 2005 Annual Report
- 2004 Annual Report
- 2003 Annual Report
- 2002 Annual Report
- 2001 Annual Report
Financials
- 2024 Form 990
- 2023 Form 990
- 2022 Form 990
- 2021 Form 990
- 2020 Form 990
- 2019 Form 990
- 2018 Form 990
- 2017 Form 990
- 2016 Form 990
- 2015 Form 990
- 2014 Form 990
Independent Assessments
Madison Notes
- 2024 PDF | Interactive
- 2023 PDF | Interactive
- 2022 PDF | Interactive
- 2021 PDF | Interactive
- 2020 PDF | Interactive
- 2019 PDF | Interactive
- 2017 PDF | Interactive
- 2016 PDF | Interactive
- 2015 PDF | Interactive
- 2014 PDF | Interactive
- 2013 PDF | Interactive
- 2012 PDF | Interactive
Review of Books
Our Partners
The James Madison Fund works with companies, nonprofits, and other organizations to benefit their home state and the nation. Our partners contribute more than money. Their generosity is helping ensure the future of our nation by preparing America’s youth to inherit the helm of civic rights and responsibility. The legacy of our partners, both past and present, continues to impact young Americans in every state in the nation.
