LAKE WALES, FL

Maxcy Foundation Inc.

Quick Facts

EIN: 596137284
Location: LAKE WALES, FL
Phone: (863) 679-6700
Category: General
Total Assets: $887K
Annual Income: $238K
IRS Ruling Year: 1945
Organization Type: Non-Operating Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Maxcy Foundation Inc. is a private corporation based in LAKE WALES, FL. The foundation received its IRS ruling in 1945. It holds total assets of $887K. Annual income is reported at $238K. POLK EDUCATION FOUNDATION. According to available records, Maxcy Foundation Inc. has made 6 grants totaling $99K, with a median grant of $13K. The foundation has distributed between $46K and $53K annually from 2022 to 2023. Individual grants have ranged from $1K to $46K, with an average award of $17K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

POLK EDUCATION FOUNDATION

FROSTPROOF HISTORICAL SOCIETY

CLEMSON UNIVERSITY

CITY OF FROSTPROOF

Frequently Asked Questions

What does Maxcy Foundation Inc. fund?

POLK EDUCATION FOUNDATION. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in FL.

How much does Maxcy Foundation Inc. give in grants?

Maxcy Foundation Inc. has distributed a total of $99K across 6 grants. The median grant size is $13K, with an average of $17K. Individual grants have ranged from $1K to $46K.

How do I apply for a grant from Maxcy Foundation Inc.?

Maxcy Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.

Where is Maxcy Foundation Inc. located?

Maxcy Foundation Inc. is headquartered in LAKE WALES, FL.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Cynthia Wilson Henry	PRESIDENT	$0	$0	$0
Terri Weeder	SECRE/TREAS	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2024	990PF	View
2023	990PF	View
2022	990PF	View
2021	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$39K

2023+33%

Total Assets

$889K

2023+1%

Fair Market Value

$1M

2023

Net Worth

$889K

2023

Grants Paid

$33K

2023

Contributions

2023

Net Investment Income

$32K

2023

Distribution Amount

$49K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $856K

Corporate Stock (63%)

Corporate Bonds (36%)

Cash (1%)

Expense Breakdown (2023)

Revenue Sources (2023)

Dividends: $30K
Capital Gains (Net): $19K
Other Income: $51

Financial Details (2023)

Total Revenue: $49K
Total Expenses: $39K
Exempt Purpose Expenses: $39K
Required Distribution: $49K
Undistributed Income: $20K
Total Liabilities: $1
Excise Tax: $439
Tax Due: $439

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$99K

Average Grant

$17K

Median Grant

$13K

Unique Recipients

Most Common Grant

$23K

Grant Disbursements by Year

Grant Range

Min$1K

Max$46K

Median: $13K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

FL$99K (6)

Past Grantees

Recipient	Location	Amount	Year
Polk Education FoundationEDUCATIONAL	Bartow, FL	$23K	2023
Florida Wildflower Art LeagueEDUCATIONAL	Frostproof, FL	$4K	2022
Frostproof Care CenterCHARITABLE	Frostproof, FL	$3K	2022
Frostproof Historical SocietyEDUCATIONAL	Frostproof, FL	$1K	2022