Maak Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKFORT, IL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $372K. Net investment income was $77K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$372K
+8.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$372K
+8.9% YoY
Under IRS private-foundation payout rules, Maak Foundation reported a distributable amount of $9K for 2023 — the minimum it must pay out in qualifying distributions.
About Maak Foundation
Based on IRS filings
Maak Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKFORT, IL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $372K. Net investment income was $77K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $342,937 | $517,105 |
| Revenue | $46,238 | $163,944 | $102,970 |
| Expenses | $379,175 | $346,222 | $178,551 |
| Qualifying Distributions | $373,915 | $342,000 | — |
| Net Investment Income | $76,880 | $178,525 | $105,357 |
| Distributable Amount | $8,918 | $21,344 | $39,298 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2023
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include See Statement Attached ($372,300).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE STATEMENT ATTACHED FRANKFORT, IL | SEE STATEMENT ATTACHED | $372,300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHARINE ALBRIGHT | SECRETARY - PART TIME | — | — |
| ELLIOTT FRIEDMAN | SECRETARY - PART TIME | — | — |
| ANNE ALBRIGHT | TREASURER - PART TIME | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Maak Foundation?
Maak Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKFORT, IL. It holds — in total assets as of 2023.
Where does Maak Foundation operate?
Maak Foundation has awarded grants in Illinois.
What size grants does Maak Foundation award?
In 2023, Maak Foundation awarded 1 grants totaling $372K — an average of about $372K per grant, based on its IRS Form 990 filings.
How much is Maak Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Maak Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Maak Foundation's EIN?
Maak Foundation's EIN (Employer Identification Number) is 01-0556625. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Maak Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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