Maynard Foundation
- Assets
- $0.0
- Revenue
- $30.9k
- Investments
- $347.5k
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 03/1967
- Data as of
- 11/2020
- EIN
- 75-6056417
Organization Overview
Maynard Foundation is located in Amarillo, TX. The organization was established in 1967. 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. Maynard 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 11/2020, Maynard Foundation generated $30.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $41.4k during the year ending 11/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Maynard Foundation has awarded 160 individual grants totaling $176,600. 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 - ORGANIZATION IS A GRANT MAKING ENTITY ONLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Maynard Pres./sec./t | 1 | $2,000 | |
Tom Maynard Director | 0.5 | $0 | |
Martha Maynard Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,570 |
| Dividends & Interest | $7,033 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,872 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $10,029 |
| Contributions, gifts, grants paid | $31,400 |
| Total expenses and disbursements | $41,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,642 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Maynard Foundation has awarded $37,200 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNG LIFE PURPOSE: OPERATIONS | $5,000 |
Amarillo, TX PURPOSE: OPERATIONS | $3,200 |
Amarillo, TX PURPOSE: OPERATIONS | $2,000 |
CAL FARLEY'S BOYS RANCH PURPOSE: OPERATIONS | $2,000 |
SIM USA INC PURPOSE: OPERATIONS | $2,000 |
Amarillo, TX PURPOSE: OPERATIONS | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hoblitzelle Foundation Dallas, TX | $135,054,358 | $12,987,577 |
Hillcrest Foundation Dallas, TX | $133,849,487 | $13,362,957 |
Huffington Foundation Houston, TX | $143,567,137 | $11,559,123 |
Marilyn And Sonny Oates Foundation Dallas, TX | $9,716,063 | $15,482,909 |
Frank E & Seba B Payne Foundation 31-55459-5 Dallas, TX | $0 | $7,949,536 |
Ewing Halsell Foundation San Antonio, TX | $128,225,154 | $18,962,628 |
Knobloch Family Foundation Houston, TX | $166,642,525 | $7,681,170 |
Irene W And C B Pennington Foundation Baton Rouge, LA | $0 | $6,041,681 |
Hamon Charitable Foundation Dallas, TX | $77,984,763 | $10,364,017 |
Alumbra Innovations Foundation Bentonville, AR | $55,483,470 | $25,346,784 |
Biogen Foundation Inc Dallas, TX | $25,561,498 | $3,880,862 |
The Margaret And Al Hill Family Foundation Dallas, TX | $0 | $526,228 |