May Fam Foundation
- Assets
- $2.5m
- Revenue
- $689.9k
- Investments
- $2.4m
- Employees
- 0
- Location
- Mccoy, CO
- Founding
- 11/1995
- Data as of
- 12/2023
- EIN
- 94-6677915
Organization Overview
May Fam Foundation is located in Mccoy, CO. The organization was established in 1995. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. May Fam 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 12/2023, May Fam Foundation generated $689.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $195.1k during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, May Fam Foundation has awarded 615 individual grants totaling $1,245,586. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brice May Co-Trustee | 0 | $0 | |
Jason May Co-Trustee | 2 | $0 | |
Nowell R May Co-Trustee | 2 | $0 | |
Colin May Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,207 |
| Dividends & Interest | $87,959 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $591,217 |
| Capital Gain Net Income | $591,217 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,560 |
| Total Revenue | $689,943 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $806 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $172 |
| Total operating and administrative expenses | $39,054 |
| Contributions, gifts, grants paid | $156,037 |
| Total expenses and disbursements | $195,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,026 |
| 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 | $1,093,575 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $260 |
| Total assets | $2,466,018 |
| 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 |
Grants Awarded
Over the last fiscal year, May Fam Foundation has awarded $156,037 in support to 72 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION PURPOSE: GENERAL CHARITABLE PURPOSES | $500 |
ARTS GOWANUS PURPOSE: GENERAL CHARITABLE PURPOSES | $216 |
BELLEVUE BOTANICAL GARDEN PURPOSE: GENERAL CHARITABLE PURPOSES | $1,000 |
BRIDGE STREET THEATRE PURPOSE: GENERAL CHARITABLE PURPOSES | $250 |
BROOKLYN TECHNICAL HIGH SCHOOL PARENT ASSOCIATION PURPOSE: GENERAL CHARITABLE PURPOSES | $250 |
CAL POLY POMONA RODEO TEAM PURPOSE: GENERAL CHARITABLE PURPOSES | $3,000 |