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Maeve Foundation Inc. is a private corporation based in SUMMIT, NJ. The foundation received its IRS ruling in 2011. The principal officer is Michael A J Farrell. It holds total assets of $1.6M. Annual income is reported at $667K. Total assets have grown from $87K in 2011 to $1.6M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New Jersey and New York. According to available records, Maeve Foundation Inc. has made 29 grants totaling $401K, with a median grant of $10K. The foundation has distributed between $122K and $150K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $150K distributed across 10 grants. Individual grants have ranged from $300 to $50K, with an average award of $14K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in New Jersey, District of Columbia, North Carolina, which account for 83% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$6K
Average Grant
$9K
Largest Grant
$46K
Based on 14 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Maeve Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in NJ, DC, NC.
Maeve Foundation Inc. has distributed a total of $401K across 29 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $300 to $50K.
Maeve Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Maeve Foundation Inc. is headquartered in SUMMIT, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Caitlin Leigh Ann Farrell | TRUSTEE/TREASURER | $0 | $0 | N/A |
| Taylor C Farrell | TRUSTEE/VICE PRESIDENT/ SE | $0 | $0 | N/A |
| Michael E Farrell | TRUSTEE/PRESIDENT | $0 | $0 | N/A |
Total Giving
$153K
Total Assets
$1.6M
Fair Market Value
$1.9M
Net Worth
$1.5M
Grants Paid
$128K
Contributions
$244K
Net Investment Income
$17K
Distribution Amount
$85K
Total: N/A
Total Grants
29
Total Giving
$401K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| 50canEDUCAITON FUND | Washington, DC | $50K | 2023 |
| Contributions Paid Less Than 5000GENERAL FUND | Summit, NJ | $25K | 2023 |
| The Seeing EyeGENERAL FUND | Morristown, NJ | $15K | 2023 |
| Wake Forest UniversityEDUCATION | Winstonsalem, NC | $15K | 2023 |
| Ronald Mcdonald HouseMEDICAL RESEARCH | New York, NY | $10K | 2023 |
| Msma Annual FundGENERAL FUND | Watchung, NJ | $5K | 2023 |
| Oratory PrepLITERACY EDUCATION | Summit, NJ | $5K | 2023 |
| Seton Hall UniversityEDUCATION | South Orange, NJ | $3K | 2023 |
| Fred Hutchinson Cancer ResearchGENERAL FUND | Seattle, WA | $18K | 2022 |
| America'S Grow A RowGENERAL FUND | Pittstown, NJ | $4K | 2022 |
| Catholic Partnership SchoolsEDUCATION | Camden, NJ | $10K | 2021 |