Mai Banks Blackwell Charitable Foundation

HOT SPRINGS, AR EIN: 71-6143620

Mai Banks Blackwell Charitable Foundation is a private foundation, based in HOT SPRINGS, AR. IRS filing data is available from 2021 through 2022. In 2022, it awarded 3 grants totaling $308K. Net investment income was $78K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$308K

Grant Count

3

Avg Grant Size

$103K

Under IRS private-foundation payout rules, Mai Banks Blackwell Charitable Foundation reported a distributable amount of $17K for 2022 — the minimum it must pay out in qualifying distributions.

About Mai Banks Blackwell Charitable Foundation

Based on IRS filings

Mai Banks Blackwell Charitable Foundation is a private foundation, based in HOT SPRINGS, AR. IRS filing data is available from 2021 through 2022. In 2022, it awarded 3 grants totaling $308K. Net investment income was $78K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

HillsdaleLittle RockPhoenix

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$87K$173K$260K$346K20212022
Metric20222021
Total Assets$231,208
Revenue$83,338$12,551
Expenses$314,547$3,976
Qualifying Distributions$308,456
Net Investment Income$78,471$8,575
Distributable Amount$16,638$14,104

Giving Over Time

Total grant dollars and number of grants per year

$0$77K$154K$231K$308K0 grants20213 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2022

ARKANSAS CHILDREN'S FOUN…$216KHILLSDALE COLLEGE$55KTURNING POINT USA$38K

Grant Size Distribution

3 grants across all recorded years

1<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Arkansas Children's Foundation ($215,881), Hillsdale College ($54,575), Turning Point Usa ($38,000).

RecipientPurposeAmount
ARKANSAS CHILDREN'S FOUNDATION LITTLE ROCK, ARDISTRIBUTION OF ASSETS$215,881
HILLSDALE COLLEGE HILLSDALE, MIDISTRIBUTION OF ASSETS$54,575
TURNING POINT USA PHOENIX, AZDISTRIBUTION OF ASSETS$38,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
ANN BLACKWELL SULLIVANTRUSTEE
ANN LANE SULLIVANTRUSTEE

Frequently Asked Questions

Where does Mai Banks Blackwell Charitable Foundation operate?

Mai Banks Blackwell Charitable Foundation has awarded grants in Arkansas, Arizona, Michigan.

What size grants does Mai Banks Blackwell Charitable Foundation award?

In 2022, Mai Banks Blackwell Charitable Foundation awarded 3 grants totaling $308K — an average of about $103K per grant, based on its IRS Form 990 filings.

How much is Mai Banks Blackwell Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Mai Banks Blackwell Charitable Foundation reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mai Banks Blackwell Charitable Foundation's EIN?

Mai Banks Blackwell Charitable Foundation's EIN (Employer Identification Number) is 71-6143620. IRS Form 990 filing data is available on this page for 2021–2022.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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