Maxwellkb Charitable Foundation
- Assets
- $754.6k
- Revenue
- $139.3k
- Investments
- $748.9k
- Employees
- 0
- Location
- Woodland Hills, CA
- Founding
- 12/2013
- Data as of
- 12/2022
- EIN
- 37-1652908
Organization Overview
Maxwellkb Charitable Foundation is located in Woodland Hills, CA. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Maxwellkb Charitable 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, Maxwellkb Charitable Foundation generated $139.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $153.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Maxwellkb Charitable Foundation has awarded 30 individual grants totaling $1,246,464. 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 |
|---|---|---|---|
Lisa Brown President | 10 | $0 | |
Zakary Brown Secretary | 1 | $0 | |
Lisa Brown Director | 1 | $0 | |
Zakary Brown Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $136,700 |
| Interest on Savings | $1 |
| Dividends & Interest | $26,781 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,157 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $139,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $580 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,815 |
| Total operating and administrative expenses | $11,395 |
| Contributions, gifts, grants paid | $142,365 |
| Total expenses and disbursements | $153,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156 |
| Savings and temporary cash investments | $5,525 |
| 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 | $23 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $748,864 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $754,568 |
| 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 | $17,270 |
| Total liabilities | $17,270 |
Grants Awarded
Over the last fiscal year, Maxwellkb Charitable Foundation has awarded $142,365 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
THE HOLE IN THE WALL GANG CAMP PURPOSE: BENEFITS CHILDREN WITH SERIOUS MEDICAL CONDITIONS BY PROVIDING SETTING FOR THEM TO HEAL. | $133,920 |
PAWS FOR LIFE PURPOSE: SUPPORT PET ADOPTION CHARITY | $455 |
A PLACE CALLED HOME PURPOSE: BENEFITS AT RISK YOUTH. | $721 |
GUIDE DOGS OF AMERICA PURPOSE: GUIDE DOG PLACEMENT. | $4,259 |
JUSTGIVING PURPOSE: SUPPORT ORGANIZATION. | $1,010 |
UNICEF USA PURPOSE: SUPPORT ORGANIZATION. | $2,000 |