The Maynard Family Foundation
- Assets
- $20.7m
- Revenue
- $20.1m
- Investments
- $19.9m
- Employees
- 0
- Location
- Tallmadge, OH
- Founding
- Data as of
- 12/2022
- EIN
- 87-4489513
Organization Overview
The Maynard Family Foundation is located in Tallmadge, OH. 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. Maynard Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Maynard Family Foundation has awarded 48 individual grants totaling $1,003,170. 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 |
|---|---|---|---|
Pamela E Loughry Executive Director | 20 | $34,327 | |
Amy Griffith President | 10 | $14,700 | |
Emily Eckart Secretary | 0.5 | $0 | |
Timothy Griffith Director | 0.5 | $0 | |
Matthew Eckart Director | 0.5 | $0 | |
Jessica Tepus Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,584,898 |
| Interest on Savings | $41,799 |
| Dividends & Interest | $198,454 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $320,269 |
| Capital Gain Net Income | $320,269 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,145,420 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,027 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,842 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,955 |
| Total operating and administrative expenses | $148,566 |
| Contributions, gifts, grants paid | $1,003,170 |
| Total expenses and disbursements | $1,151,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $633,405 |
| Savings and temporary cash investments | $198,353 |
| 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 | $693,663 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,686,342 |
| 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 Maynard Family Foundation has awarded $1,003,170 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
AKRON COMMUNITY FON - CRAINE PURPOSE: TOWARD PROGRAM SUPPORT | $1,000 |
AKRON CHILDREN'S HOSPITAL PURPOSE: TOWARD PROGRAM SUPPORT | $100,000 |
AKRON CIVIC THEATRE PURPOSE: TOWARD PROGRAM SUPPORT | $5,000 |
AKRON COMMUNITY FON - READ PURPOSE: TOWARD PROGRAM SUPPORT | $5,000 |
AKRON COMMUNITY FON - ST MARY PURPOSE: TOWARD PROGRAM SUPPORT | $50,000 |
AKRON COMMUNITY FON- WEF PURPOSE: TOWARD PROGRAM SUPPORT | $2,500 |