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Maxon Foundation is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 1965. The principal officer is Star Bank Trust Division. It holds total assets of $25M. Annual income is reported at $2.9M. Total assets have grown from $166K in 2011 to $25M in 2024. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Ohio, Michigan and Kentucky. According to available records, Maxon Foundation has made 30 grants totaling $7.8M, with a median grant of $250K. The foundation has distributed between $1.7M and $2.2M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.2M distributed across 7 grants. Individual grants have ranged from $100K to $795K, with an average award of $259K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Ohio and Michigan and Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$121K
Median Grant
$250K
Average Grant
$273K
Largest Grant
$642K
Based on 7 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 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in OH, MI, KY.
Maxon Foundation has distributed a total of $7.8M across 30 grants. The median grant size is $250K, with an average of $259K. Individual grants have ranged from $100K to $795K.
Maxon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Maxon Foundation is headquartered in MILWAUKEE, WI. While based in WI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank N A | TRUSTEE | $307K | $0 | $307K |
Total Giving
N/A
Total Assets
$25M
Fair Market Value
N/A
Net Worth
$25M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
30
Total Giving
$7.8M
Average Grant
$259K
Median Grant
$250K
Unique Recipients
13
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Elizabeth Medical Center IncGENERAL OPERATING | Edgewood, KY | $500K | 2023 |
| Munson Healthcare Regional FdnGENERAL OPERATING | Traverse City, MI | $321K | 2023 |
| Premier Health PartnersGENERAL OPERATING | Dayton, OH | $300K | 2023 |
| Cincinnati Childrens HospitalGENERAL OPERATING | Cincinnati, OH | $250K | 2023 |
| The Christ Hospital FoundationGENERAL OPERATING | Cincinnati, OH | $250K | 2023 |
| University Of Cincinnati Hospital FdnGENERAL OPERATING | Cincinnati, OH | $107K | 2023 |
| Miami Valley Hospital FoundationGENERAL OPERATING | Dayton, OH | $795K | 2022 |
| Bronson Health FoundationGENERAL OPERATING | Kalamazoo, MI | $248K | 2022 |
| Dayton Childrens Hospital FndGENERAL OPERATING | Dayton, OH | $150K | 2022 |
| Cincinnati Childrens Hospital FdnGENERAL OPERATING | Cincinnati, OH | $250K | 2021 |
| Atrium Medical Center FoundationGENERAL OPERATING | Dayton, OH | $168K | 2021 |
| Uc Health FoundationGENERAL OPERATING | Cincinnati, OH | $200K | 2020 |
| Good Samaritan Hospital Fnd DaytonGENERAL OPERATING | Dayton, OH | $150K | 2020 |