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Maxon Foundation is a private trust based in WASHINGTON, DC. The foundation received its IRS ruling in 1996. It holds total assets of $233K. Annual income is reported at $32K. Total assets have decreased from $312K in 2011 to $241K in 2023. The foundation is governed by 2 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 2020 to 2023. Grantmaking is concentrated in District of Columbia. According to available records, Maxon Foundation has made 118 grants totaling $122K, with a median grant of $500. Annual giving has grown from $22K in 2020 to $28K in 2023. Grantmaking activity was highest in 2022 with $47K distributed across 44 grants. Individual grants have ranged from N/A to $11K, with an average award of $1K. The foundation has supported 38 unique organizations. The foundation primarily supports organizations in District of Columbia, Indiana, North Carolina, which account for 80% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$450
Average Grant
$983
Largest Grant
$4K
Based on 26 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.
Maxon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 118 grants. Its grantmaking reaches organizations primarily in DC, IN, NC.
Maxon Foundation has distributed a total of $122K across 118 grants. The median grant size is $500, with an average of $1K. Individual grants have ranged from N/A to $11K.
Maxon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Maxon Foundation is headquartered in WASHINGTON, DC. While based in DC, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sophia M Ackerly | TRUSTEE | $0 | $0 | N/A |
| Dana T Ackerly | TRUSTEE | $0 | $0 | N/A |
Total Giving
$34K
Total Assets
$241K
Fair Market Value
$552K
Net Worth
$241K
Grants Paid
$28K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$26K
Total: N/A
Total Grants
118
Total Giving
$122K
Average Grant
$1K
Median Grant
$500
Unique Recipients
38
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Albans SchoolEDUCATIONAL | Washington, DC | $11K | 2023 |
| Rose-Hulman Institute Of TechnologyEDUCATIONAL | Terre Haute, IN | $4K | 2023 |
| Duke Medical CenterCHARITABLE | Durham, NC | $3K | 2023 |
| National Gallery Of ArtCULTURAL | Washington, DC | $1K | 2023 |
| Beauvoir - The National Cathedral Elementry SchoolEDUCATIONAL | Washington, DC | $1K | 2023 |
| Community Foundation Of Muncie And Delaware CountyCHARITABLE | Muncie, IN | $1K | 2023 |
| Wadsworth-Sulgrave Historic Preservation FoundationPRESERVATION | Washington, DC | $1K | 2023 |
| Sibley Hospital FoundationCHARITABLE | Washington, DC | $1K | 2023 |
| St Patricks Epsicopal Day SchoolEDUCATIONAL | Washington, DC | $1K | 2023 |
| Wendt Center For Loss & HealingCHARITABLE | Washington, DC | $1K | 2023 |
| Washington Winter ShowCHARITABLE | Washington, DC | $650 | 2023 |
| Metropolitan Club Preservation FoundationCHARITABLE | Washington, DC | $500 | 2023 |
| St John'S ChurchRELIGIOUS | Washington, DC | $500 | 2023 |
| Bishop Walker School For BoysEDUCATIONAL | Washington, DC | $500 | 2023 |
| Palisades VillageCHARITABLE | Washington, DC | $400 | 2023 |
| Potomac School - Annual FundEDUCATIONAL | Mclean, VA | $200 | 2023 |
| House Of RuthCHARITABLE | Washington, DC | $200 | 2023 |
| Jubilee JobsEDUCATIONAL | Washington, DC | $200 | 2023 |
| Avalon Theater ProjectCHARITABLE | Washington, DC | $150 | 2023 |
| Muncie Animal Care And ServicesCHARITABLE | Muncie, IN | $100 | 2023 |
| Nscda - Dumbarton HouseCULTURAL | Washington, DC | $100 | 2023 |
| Deerfield AcademyCHARITABLE | Deerfield, MA | $100 | 2023 |
| Friends Of Sulgrave ManorCHARITABLE | Richmond, VA | N/A | 2023 |
| The Philanthropic FoundationCHARITABLE | Washington, DC | $1K | 2022 |