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Mayc Foundation is a private corporation based in MAHOMET, IL. The foundation received its IRS ruling in 2023. It holds total assets of $370K. Annual income is reported at $276K. Total assets have grown from $197K in 2011 to $303K in 2023. The foundation is governed by 15 officers and trustees. Cash distributions to support the mahomet area youth club, a tax exempt charitable organization that provides after-school and summer programs for disadvantaged children from the local mahomet area community. Tax records are available from 2020 to 2023. According to available records, Mayc Foundation has made 7 grants totaling $68K, with a median grant of $16K. The foundation has distributed between $16K and $34K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $34K distributed across 4 grants. Individual grants have ranged from $2K to $16K, with an average award of $10K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Cash distributions to support the mahomet area youth club, a tax exempt charitable organization that provides after-school and summer programs for disadvantaged children from the local mahomet area community
Expenses: $16K
Scholarship for student who is in the same class as those benefiting from the mahomet area youth club
Cash distributions to support the mahomet area youth club, a tax exempt charitable organization that provides after-school and summer programs for disadvantaged children from the local mahomet area community. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in IL.
Mayc Foundation has distributed a total of $68K across 7 grants. The median grant size is $16K, with an average of $10K. Individual grants have ranged from $2K to $16K.
Organizations or programs serving children from the mahomet-seymour school district supported or endorsed by the mahomet area youth club.
Mayc Foundation is headquartered in MAHOMET, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margaret White | BOARD MEMBER | $0 | $0 | N/A |
| Darlene Baker | BOARD MEMBER | $0 | $0 | N/A |
| John Koller | BOARD MEMBER | $0 | $0 | N/A |
| Brianna Buchanan | BOARD MEMBER | $0 | $0 | N/A |
| Deb Kimme | SECRETARY | $0 | $0 | N/A |
| Kevin Melchiorre | BOARD MEMBER | $0 | $0 | N/A |
| Alice Elder-Miller | BOARD MEMBER | $0 | $0 | N/A |
| Lucas Schoonover | BOARD MEMBER | $0 | $0 | N/A |
| Patricia Mcintosh | VICE-PRESIDENT | $0 | $0 | N/A |
| Kim Stelle | BOARD MEMBER | $0 | $0 | N/A |
| Karl Mauzy | BOARD MEMBER | $0 | $0 | N/A |
| Mike Dillavou | TREASURER | $0 | $0 | N/A |
| Joshua Jessup | PRESIDENT | $0 | $0 | N/A |
| Gary Matthews | BOARD MEMBER | $0 | $0 | N/A |
| Gretchen Miller | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$303K
Fair Market Value
$328K
Net Worth
$303K
Grants Paid
$18K
Contributions
$49K
Net Investment Income
$39K
Distribution Amount
$13K
Total: $276K
Total Grants
7
Total Giving
$68K
Average Grant
$10K
Median Grant
$16K
Unique Recipients
2
Most Common Grant
$16K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mahomet Area Youth ClubPAYMENTS TO SUPPORT THE MAHOMET AREA YOUTH CLUB, A TAX-EXEMPT CHARITABLE ORGANIZATION THAT PROVIDES AFTER-SCHOOL AND SUMMER PROGRAMS FOR DISADVANTAGED CHILDREN FROM THE LOCAL MAHOMET AREA COMMUNITY (EIN 81-0615577) | Mahomet, IL | $16K | 2023 |
| Mahomet Area Youth Club StudentsSCHOLARSHIPS FOR STUDENTS WHO ARE IN THE SAME CLASS AS THE MAHOMET AREA YOUTH CLUB | Mahomet, IL | $2K | 2023 |