May Family Foundation Inc is located in Madison, WI. The organization was established in 2001. 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. May Family Foundation Inc 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, May Family Foundation Inc generated $295.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $572.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, May Family Foundation Inc has awarded 108 individual grants totaling $1,164,791. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen L Sislo President | 0.25 | $0 | |
Edward W May Jr Vice President | 0.25 | $0 | |
Amy Sislo Rydland Secretary | 0.25 | $0 | |
William E Sislo Assistant Treasurer | 0.25 | $0 | |
Jeffery R May Director | 0.25 | $0 | |
Gregg T May Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $156,333 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $138,473 |
| Capital Gain Net Income | $138,473 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $217 |
| Total Revenue | $295,023 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,317 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,557 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $111,639 |
| Contributions, gifts, grants paid | $460,988 |
| Total expenses and disbursements | $572,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $53,540 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,937,544 |
| 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, May Family Foundation Inc has awarded $460,988 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
826 MICHIGAN PURPOSE: VARIOUS CHARITABLE PURPOSES | $15,000 |
BADGER BOYS STATE PURPOSE: VARIOUS CHARITABLE PURPOSES | $1,200 |
BRENT'S PLACE PURPOSE: VARIOUS CHARITABLE PURPOSES | $10,000 |
CHRISTO REY JESUIT HIGH SCHOOL PURPOSE: VARIOUS CHARITABLE PURPOSES | $15,000 |
FRANK B KOLLER MEMORIAL LIBRARY PURPOSE: VARIOUS CHARITABLE PURPOSES | $10,000 |
FAITH'S LODGE PURPOSE: VARIOUS CHARITABLE PURPOSES | $10,000 |