Maeve Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 9 grants totaling $147K. Net investment income was $53K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+4.4% YoY
Annual Giving
$147K
+14.8% YoY
Grant Count
9
+12.5% YoY
Avg Grant Size
$16K
+2.1% YoY
Under IRS private-foundation payout rules, Maeve Foundation Inc reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.
About Maeve Foundation Inc
Based on IRS filings
Maeve Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 9 grants totaling $147K. Net investment income was $53K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,635,415 | $1,567,155 | $1,496,834 |
| Revenue | $315,596 | $288,576 | $308,621 |
| Expenses | $168,233 | $153,255 | $165,881 |
| Qualifying Distributions | $148,954 | $129,948 | $151,250 |
| Net Investment Income | $53,425 | $16,906 | $52,989 |
| Distributable Amount | $104,088 | $84,941 | $75,346 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include 50can ($50,000), Contributions Paid Less Than 5000 ($41,750), The Seeing Eye ($15,071).
| Recipient | Purpose | Amount |
|---|---|---|
| WAKE FOREST UNIVERSITY WINSTONSALEM, NC | EDUCATION | $10,000 |
| THE SEEING EYE MORRISTOWN, NJ | GENERAL FUND | $15,071 |
| SETON HALL UNIVERSITY SOUTH ORANGE, NJ | EDUCATION | $3,000 |
| RONALD MCDONALD HOUSE NEW YORK, NY | MEDICAL RESEARCH | $10,000 |
| ORATORY PREP SUMMIT, NJ | LITERACY EDUCATION | $5,000 |
| MSMA ANNUAL FUND WATCHUNG, NJ | GENERAL FUND | $5,000 |
| CONTRIBUTIONS PAID LESS THAN 5000 SUMMIT, NJ | GENERAL FUND | $41,750 |
| 50CAN WASHINGTON, DC | EDUCAITON FUND | $50,000 |
| FRED HUTCHINSON CANCER RESEARCH SEATTLE, WA | GENERAL FUND | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAITLIN LEIGH ANN FARRELL | TRUSTEE/TREASURER | 1 | — |
| MICHAEL E FARRELL | TRUSTEE/PRESIDENT | 1 | — |
| TAYLOR C FARRELL | TRUSTEE/VICE PRESIDENT/ SE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Maeve Foundation Inc?
Maeve Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. It holds $1.6M in total assets as of 2024.
How large is Maeve Foundation Inc?
As of 2024, Maeve Foundation Inc holds $1.6M in total assets with $316K in annual revenue. It awarded 9 grants totaling $147K in 2024.
Where does Maeve Foundation Inc operate?
Maeve Foundation Inc has awarded grants in District of Columbia, North Carolina, New Jersey, New York, Washington.
What size grants does Maeve Foundation Inc award?
In 2024, Maeve Foundation Inc awarded 9 grants totaling $147K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Maeve Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Maeve Foundation Inc reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Maeve Foundation Inc's EIN?
Maeve Foundation Inc's EIN (Employer Identification Number) is 27-3286317. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Maeve Foundation Inc'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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