Mays Family Foundation
- Assets
- $0.0
- Revenue
- $19.0m
- Investments
- $259.1m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 03/1994
- Data as of
- 12/2020
- EIN
- 74-2691624
Organization Overview
Mays Family Foundation is located in San Antonio, TX. The organization was established in 1994. 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. Mays Family 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, Mays Family Foundation generated $19.0m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $16.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Mays Johnson Director/president | 15 | $80,243 | |
Lowry Mays Director/treasurer | 1 | $0 | |
Linda Mays Mccaul Director | 1 | $0 | |
Mark P Mays Director | 1 | $0 | |
Randall T Mays Director/secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jp Morgan Private Bank | 12/30/21 | $948,891 |
Sendero Wealth Management | 12/30/21 | $479,959 |
Dsm Capital | 12/30/21 | $133,358 |
Eagle Capital | 12/30/21 | $229,507 |
Avalon Advisors | 12/30/21 | $93,199 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,024,700 |
| Interest on Savings | $1,376,864 |
| Dividends & Interest | $3,457,071 |
| Profit on Inventory Sales | $0 |
| Other Income | -$162,086 |
| Total Revenue | $19,028,281 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $305,789 |
| Pension plans, employee benefits | $0 |
| Depreciation | $1,769 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,915,002 |
| Contributions, gifts, grants paid | $14,538,963 |
| Total expenses and disbursements | $16,453,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $36,578,627 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,693 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Ila-West Gulf Maritime Association Inc Royalty Trust Fund No 1 Houston, TX | $56,716,364 | $36,179,083 |
David Weekley Family Foundation Houston, TX | $132,693,267 | $39,507,010 |
T L L Temple Foundation Lufkin, TX | $464,501,486 | $44,070,137 |
Town Branch Foundation Bentonville, AR | $511,930,269 | $39,195,874 |
Perot Foundation Dallas, TX | $46,575,873 | $1,622,633 |
The Charles Butt Foundation San Antonio, TX | $7,229,103 | $6,060,986 |