Maxcy Foundation Inc

Organization Overview

Maxcy Foundation Inc is located in Lake Wales, FL. The organization was established in 1945. 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. Maxcy 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 02/2022, Maxcy Foundation Inc generated $27.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $58.4k during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

POLK EDUCATION FOUNDATION


FLORIDA WILDFLOWER ART LEAGUE


FROSTPROOF CARE CENTER


FROSTPROOF HISTORICAL SOCIETY


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Board, Officers & Key Employees

Name (title)Compensation
Cynthia Wilson Henry
President
$0
Terri Weeder
Secre/treas
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $22,576
Net Rental Income$0
Net Gain on Sale of Assets $4,565
Capital Gain Net Income $10,422
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $27,141

Grants Awarded

Over the last fiscal year, Maxcy Foundation Inc has awarded $53,000 in support to 4 organizations.

Grant RecipientAmount

POLK EDUCATION FOUNDATION

PURPOSE: EDUCATIONAL

$46,000

FLORIDA WILDFLOWER ART LEAGUE

PURPOSE: EDUCATIONAL

$3,500

FROSTPROOF CARE CENTER

Org PageRecipient Profile

Frostproof, FL

PURPOSE: CHARITABLE

$2,500

FROSTPROOF HISTORICAL SOCIETY

Org PageRecipient Profile

Frostproof, FL

PURPOSE: EDUCATIONAL

$1,000
View Grant Profile

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