Maffei Foundation
- Assets
- $13.1m
- Revenue
- $182.1k
- Investments
- $11.1m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 01/2013
- Data as of
- 12/2020
- EIN
- 45-4040790
Organization Overview
Maffei Foundation is located in Denver, CO. 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.
For the year ending 12/2020, Maffei Foundation generated $182.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (51.1%) each year. All expenses for the organization totaled $6.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Maffei Foundation has awarded 181 individual grants totaling $23,247,217. 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 |
|---|---|---|---|
Jeffrey C Kirwood Director, V. President, Se | 5 | $0 | |
Gregory B Maffei Director, President, Treas | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,712 |
| Interest on Savings | $0 |
| Dividends & Interest | $138,624 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,243 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $182,093 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,437 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $121,167 |
| Total operating and administrative expenses | $182,969 |
| Contributions, gifts, grants paid | $6,321,882 |
| Total expenses and disbursements | $6,504,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,979,945 |
| 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 | $1,459,025 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,112,642 |
| 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, Maffei Foundation has awarded $12,643,764 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
DARTMOUTH COLLEGE FUND PURPOSE: CHARITABLE CONTRIBUTION | $4,592,727 |
DARTMOUTH COLLEGE FUND PURPOSE: CHARITABLE CONTRIBUTION | $4,592,727 |
Denver, CO PURPOSE: CHARITABLE CONTRIBUTION | $1,561,476 |
Denver, CO PURPOSE: CHARITABLE CONTRIBUTION | $1,561,476 |
Denver, CO PURPOSE: CHARITABLE CONTRIBUTION | $50,000 |
Denver, CO PURPOSE: CHARITABLE CONTRIBUTION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Diane And Bruce Halle Foundation Scottsdale, AZ | $79,155 | $15,113,571 |
Joseph W Craft Iii Foundation Tulsa, OK | $107,043,900 | $13,770,647 |
Charityvision International Inc Provo, UT | $10,100,224 | $13,208,299 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
The Helmerich Trust Tulsa, OK | $96,668,399 | $14,406,750 |
Eugene V And Clare Thaw Charitable Trust Santa Fe, NM | $95,801,040 | $42,299,749 |
Cary Brown Family Foundation Colorado Springs, CO | $12,711,071 | $867,158 |
Allen Wyoming Foundation Inc Cody, WY | $23,298,449 | $30,117,629 |
Marshall L And Perrine D Mccune Charitable Foundation Santa Fe, NM | $104,513,402 | $4,266,840 |
Maffei Foundation Denver, CO | $13,112,642 | $182,093 |
Gods Light In The Darkness Foundation Carlbad, NM | $37,799,183 | $42,285,024 |
Py Foundation Artesia, NM | $60,400,626 | $1,216,151 |