Edmund F Maxwell Foundation is located in Seattle, WA. The organization was established in 1993. 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. Edmund F Maxwell 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, Edmund F Maxwell Foundation generated $186.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (31.4%) each year. All expenses for the organization totaled $588.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Edmund F Maxwell Foundation has awarded 286 individual grants totaling $1,324,279. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SCHOLARSHIPS GRANTED AND RELATED ACTIVITIESATCH 1
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David D Lewis Trustee | 8 | $30,813 | |
William S Macgeorge Trustee | 8 | $30,813 | |
William W Lin Trustee | 8 | $30,813 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $136,078 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,579 |
| Capital Gain Net Income | $50,579 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $186,657 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $92,439 |
| Other employee salaries and wages | $41,000 |
| Pension plans, employee benefits | $4,177 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $950 |
| Other expenses | $2,429 |
| Total operating and administrative expenses | $151,395 |
| Contributions, gifts, grants paid | $436,795 |
| Total expenses and disbursements | $588,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,862 |
| 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 | $2,138,296 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,742,596 |
| 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, Edmund F Maxwell Foundation has awarded $436,795 in support to 95 organizations.
| Grant Recipient | Amount |
|---|---|
JILLIAN ABBE PURPOSE: UNIVERSITY SCHOLARSHIP | $5,000 |
MATTHEW ALDRICH PURPOSE: UNIVERSITY SCHOLARSHIP | $5,000 |
NEJAT ALI PURPOSE: UNIVERSITY SCHOLARSHIP | $5,000 |
LINA FOWLER PURPOSE: UNIVERSITY SCHOLARSHIP | $4,058 |
EVAN BERGEN EPSTIEN PURPOSE: UNIVERSITY SCHOLARSHIP | $3,600 |
SAGE ANDERSON PURPOSE: UNIVERSITY SCHOLARSHIP | $5,000 |