Maverick Capital Foundation
- Assets
- $0.0
- Revenue
- $1.7m
- Investments
- $15.5m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 11/2003
- Data as of
- 12/2020
- EIN
- 71-0917626
Organization Overview
Maverick Capital Foundation is located in Dallas, TX. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Maverick Capital Foundation 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 12/2020, Maverick Capital Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Maverick Capital Foundation has awarded 853 individual grants totaling $8,984,562. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evan A Wyly Trustee | 0.4 | $0 | |
Lee S Ainslie III Trustee | 0.4 | $0 | |
Andrew Warford Trustee | 0.4 | $0 | |
Keith Hennington Trustee | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,663,676 |
| Interest on Savings | $95 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,663,796 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $22,428 |
| Contributions, gifts, grants paid | $2,824,517 |
| Total expenses and disbursements | $2,846,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $570,811 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,495,191 |
| Other assets | $37,841 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $36,931 |
Grants Awarded
Over the last fiscal year, Maverick Capital Foundation has awarded $2,668,168 in support to 234 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: SOCIAL SERVICES | $100,000 |
BOTTOM LINE NEW YORK PURPOSE: EDUCATION | $100,000 |
KIPP NYC PURPOSE: EDUCATION | $100,000 |
Bronx, NY PURPOSE: HUNGER RELIEF | $100,000 |
BARD PRISON INITIATIVE PURPOSE: EDUCATION | $100,000 |
DREAM PURPOSE: COMMUNITY OUTREACH | $85,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maverick Capital Foundation has recieved totaling $2,300,000.
| Awarding Organization | Amount |
|---|---|
Ainslie Foundation Dallas, TX PURPOSE: PHILANTHROPY, VOLUNTARISM, AND GRANTMAKING | $2,300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leta Mcfarlin Chapman Memorial Tr Tulsa, OK | $288,782,253 | $9,376,594 |
Nancy Ann Hunt Foundation Dallas, TX | $31,623,544 | $3,101,295 |
Don & Sybil Harrington Foundation Amarillo, TX | $137,610,156 | $21,691,315 |
John G Kenedy Jr Charitable Trust San Antonio, TX | $156,709,366 | $16,142,301 |
Bnsf Foundation Fort Worth, TX | $5,580,534 | $10,145,505 |
Walter S & Evan C Jones Trust Bank Iv Kansas Na Ttee Dallas, TX | $63,158,301 | $11,519,606 |
Thomas M & Helen Mckee & John P Ryan Foundation Inc Fort Worth, TX | $135,188,288 | $6,250,331 |
Charles G Woodward Tr Uw Dallas, TX | $129,576,152 | $18,439,245 |
John G Kenedy Jr Charitable Tr -Surface Estate Tr San Antonio, TX | $47,111,872 | $10,559,440 |
Mccombs Enterprises Flexible Benefit Cafeteria Plan & Trust San Antonio, TX | $5,330,904 | $6,919,349 |
J A & Leta M Chapman Tr 10267 Tulsa, OK | $125,788,673 | $4,652,723 |
David M Crowley Foundation Dallas, TX | $161,428,863 | $16,560,741 |