Edmund F Maxwell Foundation is located in Seattle, WA. The organization was established in 1993. 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. Edmund F Maxwell 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 12/2022, Edmund F Maxwell Foundation generated $186.7k 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 (31.4%) each year. All expenses for the organization totaled $588.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Edmund F Maxwell Foundation has awarded 286 individual grants totaling $1,324,279. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SCHOLARSHIPS GRANTED AND RELATED ACTIVITIESATCH 1
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David D Lewis Trustee | 8 | $30,813 | |
William S Macgeorge Trustee | 8 | $30,813 | |
William W Lin Trustee | 8 | $30,813 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $136,078 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $50,579 |
Capital Gain Net Income | $50,579 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $186,657 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $92,439 |
Other employee salaries and wages | $41,000 |
Pension plans, employee benefits | $4,177 |
Interest | $0 |
Taxes | $2,000 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $950 |
Other expenses | $2,429 |
Total operating and administrative expenses | $151,395 |
Contributions, gifts, grants paid | $436,795 |
Total expenses and disbursements | $588,190 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $47,862 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $2,138,296 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $7,742,596 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Edmund F Maxwell Foundation has awarded $436,795 in support to 95 organizations.
Grant Recipient | Amount |
---|---|
JILLIAN ABBE PURPOSE: UNIVERSITY SCHOLARSHIP | $5,000 |
MATTHEW ALDRICH PURPOSE: UNIVERSITY SCHOLARSHIP | $5,000 |
NEJAT ALI PURPOSE: UNIVERSITY SCHOLARSHIP | $5,000 |
LINA FOWLER PURPOSE: UNIVERSITY SCHOLARSHIP | $4,058 |
EVAN BERGEN EPSTIEN PURPOSE: UNIVERSITY SCHOLARSHIP | $3,600 |
SAGE ANDERSON PURPOSE: UNIVERSITY SCHOLARSHIP | $5,000 |