The Mayday Fund
- Assets
- $33.4m
- Revenue
- $3.2m
- Investments
- $32.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 38-4117113
Organization Overview
The Mayday Fund is located in New York, NY. The organization was established in 2019. 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. Mayday Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Mayday Fund has awarded 91 individual grants totaling $6,351,870. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAYDAY PAIN AND SOCIETY FELLOWSHIP IS A TRAINING PROGRAM DESIGNED TO EQUIP MEDICAL PROFESSIONALS WITH SKILLS TO ADVOCATE FOR THE BETTER CARE OF HUMAN PHYSICAL PAIN AND ITS CONSEQUENCES. AMONG THOSE WHO SEEK THIS TRAINING ARE PHYSICIANS, NURSES, PHARMACISTS, PAIN SCIENTISTS, SOCIAL WORKERS, AND LEGAL SCHOLARS. THE GOAL OF THE PROGRAM IS TO SHARE SKILLS THAT ENABLE THE PARTICIPANTS TO COMMUNICATE MORE EFFECTIVELY, TO RAISE AWARENESS, AND TO IMPROVE THE TREATMENT OF ACUTE AND CHRONIC PAIN.FELLOWS LEARN COMMUNICATIONS SKILLS TO BETTER INFORM THE PUBLIC ABOUT PAIN AND HOW IT MAY BE EFFECTIVELY TREATED. THEY USE EVIDENCE-BASED KNOWLEDGE AND PRACTICES TO TRANSLATE THE SCIENCE OF PAIN SO THAT THOSE SUFFERING MIGHT BETTER UNDERSTAND AND CHANGE THEIR SITUATIONS.TARGETED WORK INCLUDES COMMUNICATIONS TRAINING FOR FRONTLINE CLINICIANS, DISSEMINATING CRITICAL RESEARCH ON THE SCIENCE OF PAIN AND ON EMERGING EVIDENCE-BASED TREATMENTS, AND ADDRESSING DISPARITIES IN CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emma X P Davidson Director | 4 | $0 | |
Caroline N Sidnam Director | 4 | $0 | |
Pamela M Thye Director, Treasurer | 4 | $0 | |
Christina M Spellman Executive Director | 40 | $150,675 | |
Rebecca Theis Secretary | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Burness Communications | 12/30/23 | $245,248 |
Robert A Cook | 12/30/23 | $50,380 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $274 |
| Interest on Savings | $295,151 |
| Dividends & Interest | $581,742 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,345,763 |
| Capital Gain Net Income | $2,345,763 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,595 |
| Total Revenue | $3,245,525 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,675 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $34,458 |
| Interest | $0 |
| Taxes | $15,000 |
| Depreciation | $0 |
| Occupancy | $23,500 |
| Travel, conferences, and meetings | $13,586 |
| Printing and publications | $0 |
| Other expenses | $17,897 |
| Total operating and administrative expenses | $604,255 |
| Contributions, gifts, grants paid | $718,902 |
| Total expenses and disbursements | $1,323,157 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,351,463 |
| 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 | $25,737,535 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $33,373,771 |
| 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, The Mayday Fund has awarded $1,152,902 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL ASSOCIATION FOR THE STUDY OF PAIN (IASP) PURPOSE: PAIN RESEARCH FORUM: VIRTUAL REALITY FEATURED CONTENT | $33,995 |
CHILDKIND INTERNATIONAL INC PURPOSE: PART-TIME RESOURCE CENTER LIBRARIAN | $11,500 |
UNIVERSITY OF BATH PURPOSE: CO-LAB P: CONSENSUS BUILDING FOR PAIN CARE AND AWARENESS | $43,594 |
COUNCIL ON FOUNDATIONS PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
DALHOUSIE UNIVERSITY PURPOSE: WHITE POINT AGENDA SETTING MEETING FOR PEDIATRIC PAIN RESEARCH, NETWORKING AND ADVOCACY | $5,500 |
NORTH CAROLINA STATE UNIVERSITY COLLEGE OF VETERINARY MEDICINE PURPOSE: PAIN IN ANIMALS WORKSHOP TO BE HELD AT THE NIH | $55,000 |