Maxaid
- Assets
- $177.4m
- Revenue
- $455.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 35-2577906
Organization Overview
Maxaid is located in Seattle, WA. The organization was established in 2017. According to its NTEE Classification (G19) the organization is classified as: Support N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maxaid is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAXAID IS A 501(C)(3) NON-PROFIT SUBSIDIARY OF THE MAX FOUNDATION, SUPPORTING ITS MISSION TO ACCELERATE HEALTH EQUITY BY DELIVERING MEDICATION, TECHNOLOGY, AND SERVICES TO PATIENTS FACING CANCER AND OTHER CRITICAL ILLNESSES, FOCUSING OUR ENERGY ON THOSE NO ONE ELSE IS HELPING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAXAID HOSTS THE MAX FOUNDATION'S COLLABORATION WITH LEADING GLOBAL HEALTHCARE MANUFACTURERS, FOR HUMANITARIAN ACCESS TO CRITICAL MEDICINES UNDER THE UMBRELLA OF MAX ACCESS SOLUTIONS. WITHIN THIS PROGRAM, MEDICINES ARE PROCURED FROM DRUG MANUFACTURERS AND CHANNELED TO INDIVIDUAL PATIENTS THROUGH THE MAX FOUNDATION'S NETWORK OF HEALTHCARE PROVIDERS AND TREATMENT CENTERS. IN 2021, THE COLLABORATIONS ENABLED THOUSANDS OF PATIENTS IN LOW- AND MIDDLE-INCOME COUNTRIES TO ACCESS MUCH NEEDED ONCOLOGY PRODUCTS THAT THEY WOULD NOT HAVE OTHERWISE BEEN ABLE TO ACCESS. ACCESS TO MEDICINES WAS ENABLED THROUGH THE MAX FOUNDATION'S PATIENT-CENTERED TREATMENT ACCESS MODEL CALLED MAX ACCESS SOLUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Garcia-Gonzalez Chief Executive Officer | OfficerTrustee | 5 | $0 |
Curt Malloy Board Treasurer | OfficerTrustee | 2 | $0 |
Mika Matsuzaki Board Secretary | OfficerTrustee | 2 | $0 |
Paula Boultbee Board Chair | OfficerTrustee | 2 | $0 |
Tracey Higgins Board Vice Chair | OfficerTrustee | 2 | $0 |
Patricia M Pearce CFO & Vp, Administration | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tanner Pharma Ch Gmbh Supply Chain Management | 12/30/21 | $4,967,744 |
The Max Foundation Professional Services | 12/30/21 | $3,826,195 |
Tannergap Inc Supply Chain Management | 12/30/21 | $470,881 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $455,604,907 |
| Noncash contributions included in lines 1a–1f | $445,775,299 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $455,604,907 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $455,604,907 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $466,996,661 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,826,195 |
| Advertising and promotion | $0 |
| Office expenses | $1,083 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $470,828,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,212,378 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,000,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $173,870,312 |
| Prepaid expenses and deferred charges | $314,842 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $177,397,532 |
| Accounts payable and accrued expenses | $186,936 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,475,621 |
| Total liabilities | $1,662,557 |
| Net assets without donor restrictions | $1,864,663 |
| Net assets with donor restrictions | $173,870,312 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $177,397,532 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maxaid Seattle, WA | $177,397,532 | $455,604,907 |
Chris Elliott Fund Redmond, WA | $42,059 | $354,975 |
Inland Northwest Sids Foundation Incorporated Coeur D Alene, ID | $61,188 | $0 |
Skyline Spartans Lacrosse Club Sammamish, WA | $36,926 | $0 |
Fighting Pretty Inc Portland, OR | $144,794 | $130,405 |
Eaa Foundation Seattle, WA | $75,964 | $0 |