The Mayday Fund
- Assets
- $37.2m
- Revenue
- $1.4m
- Investments
- $36.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 38-4117113
Organization Overview
The Mayday Fund is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mayday Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Mayday Fund has awarded 47 individual grants totaling $3,401,188. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED IN 2004, THE "MAYDAY PAIN & SOCIETY FELLOWSHIP: A MEDIA AND POLICY INITIATIVE" HAS TRAINED PHYSICIANS, NURSES, PHARMACISTS, SOCIAL WORKERS, SCIENTISTS, AND LEGAL SCHOLARS IN THE PAIN MANAGEMENT COMMUNITY TO MORE EFFECTIVELY COMMUNICATE THEIR WORK, TO RAISE AWARENESS, AND TO IMPROVE THE TREATMENT OF ACUTE AND CHRONIC PAIN. THE GOAL OF THE PROGRAM IS TO PROVIDE EVIDENCE-BASED AND SOLUTIONS-FOCUSED INFORMATION ABOUT PAIN CARE AND TREATMENT, AS WELL AS TO PROMOTE PROMISING RESEARCH EMERGING IN THE FIELD. APPLICANTS PURSUE RESEARCH AND EVIDENCE-BASED APPROACHES TO ADVANCE WHAT IS KNOWN ABOUT PAIN AND HOW TO BEST CARE FOR IT. TARGETED WORK MIGHT INCLUDE: SHARING CRITICAL RESEARCH ON THE SCIENCE OF PAIN AND ON EMERGING TREATMENTS, FIXES TO HOW PAIN IS ADDRESSED IN THE HEALTH CARE SYSTEM, COMMUNICATIONS TRAINING FOR FRONTLINE CLINICIANS, SHARING CRITICAL RESEARCH ON THE SCIENCE OF PAIN AND ON EMERGING EVIDENCE-BASED TREATMENTS, AND ON ADDRESSING DISPARITIES IN CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina M Spellman Executive Director | 40 | $147,000 | |
Emma X P Davidson Director | 4 | $0 | |
Daniel L Dolgin Director (deceased 02.28.2022) | 4 | $0 | |
Pamela M Thye Director | 4 | $0 | |
Caroline N Sidnam Director | 4 | $0 | |
Rebecca Theis Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $274 |
| Interest on Savings | $40 |
| Dividends & Interest | $462,393 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $620,407 |
| Capital Gain Net Income | $853,455 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $285,604 |
| Total Revenue | $1,368,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $147,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $30,391 |
| Interest | $0 |
| Taxes | $131 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,576 |
| Printing and publications | $0 |
| Other expenses | $186,201 |
| Total operating and administrative expenses | $538,560 |
| Contributions, gifts, grants paid | $927,644 |
| Total expenses and disbursements | $1,466,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $935,658 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $36,260,851 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $37,196,509 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Mayday Fund has awarded $1,508,408 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: THE MANER PROJECT: MAXIMIZING ADOPTION OF NERVE BLOCKS IN THE ER | $175,223 |
Chicago, IL PURPOSE: THE MANER PROJECT: MAXIMIZING ADOPTION OF NERVE BLOCKS IN THE ER | $174,342 |
Seattle, WA PURPOSE: VR ANALGESIA FOR COMPLEX REGIONAL PAIN SYNDROME | $149,333 |
GEORGIA STATE UNIVERSITY PURPOSE: A MULTIDISCIPLINARY ALGORITHM OF PAIN: ACUTE TO CHRONIC TRANSITION FOR PEDIATRIC SICKLE CELL DISEASE (MAP-ACT) | $104,500 |
UNIVERSITY OF TORONTO - UNIVERSITY HEALTH NETWORK PURPOSE: BRAIN AND BEHAVIOR PREDICTORS OF TREATMENT OUTCOMES IN CHRONIC NEUROPATHIC PAIN | $100,833 |
REGENTS OF THE UNIVERSITY OF CALIFORNIA PURPOSE: ADDRESSING ANIMAL BURN PAIN WITH NOVEL THERAPEUTICS | $96,555 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |