Max Cares Foundation Inc

Organization Overview

Max Cares Foundation Inc is located in Hartford, CT. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public 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. Max Cares Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Max Cares Foundation Inc generated $164.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $163.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Max Cares Foundation Inc has awarded 68 individual grants totaling $615,704. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL ASSISTANCE TO EDUCATIONAL AND OTHER TAX EXEMPT CHARITABLE ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH INNOVATIVE PARTNERSHIPS, PROGRAMS, AND SPECIAL EVENTS, THE MAX CARES FOUNDATION EMBRACES THE OPPORTUNITY TO HELP THOSE IN NEED THROUGH EVENTS LIKE THE ANNUAL MAX CLASSIC GOLF TOURNAMENT. THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO EDUCATIONAL AND OTHER TAX EXEMPT CHARITABLE ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Maura Horan
Secretary
$0
Richard B Rosenthal
President
$0
Matthew Kerin
Treasurer
$0
Timothy Buckley
Vice President
$0
Carol Mccabe
Director
$0
Megan Culmo
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$118,880
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$29,309
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$148,189
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 $16,091
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $164,280

Grants Awarded

Over the last fiscal year, Max Cares Foundation Inc has awarded $33,500 in support to 4 organizations.

Grant RecipientAmount

ARTHRITIS FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: FINANCIAL ASSISTANCE

$10,000

Farmington, CT

PURPOSE: FINANCIAL ASSISTANCE

$10,000

CHILDREN'S LAW CENTER

Org PageRecipient Profile

Hartford, CT

PURPOSE: FINANCIAL ASSISTANCE

$7,000

Hartford, CT

PURPOSE: FINANCIAL ASSISTANCE

$6,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Max Cares Foundation Inc has recieved totaling $9,000.

Awarding OrganizationAmount
International Brotherhood Of Electrical Workers

East Windsor, CT

PURPOSE: DONATION

$7,000
All Waste Charitable Foundation

Hartford, CT

PURPOSE: CHARITY

$2,000
View Grant Recipient Profile

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