Maverick Capital Foundation
Maverick Capital Foundation is a private foundation based in Dallas, Texas, with an additional office in New York. Established in 2002 and granted tax-exempt status in November 2003, the foundation operates as a 501(c)(3) organization dedicated to grantmaking and philanthropic activities. The foundation employs a small, focused team and maintains a presence across multiple major U.S. cities.
Key facts about Maverick Capital Foundation
- EIN
- 71-0917626
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,377,776
- Grants made (2024)
- 189
- Average grant
- $17,872
- Median grant
- $5,000
- New grantees (estimate)
- 30% first-time grantees (42 of 139, 2024)
- Total assets
- $29,323,975
- Primary geography
- New York (51% of itemized 2024 grant dollars)
- How to apply
- The foundation does not respond to unsolicited applications for funding. Full details ↓
Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Maverick Capital Foundation funds
By grant dollars, the top recipient states for Maverick Capital Foundation's 189 itemized 2024 grants were New York (51%), Texas (20%) and California (12%). The most frequent recipient cities were New York, NY (39 grants), Dallas, TX (23 grants), San Francisco, CA (19 grants) and Bronx, NY (8 grants). None of its 189 grants with a stated purpose were described as general or operating support. Recurring purposes include "Social Services" (64 grants), "Education" (46 grants) and "Community Outreach" (21 grants).
Is Maverick Capital Foundation open to new grantees?
30%
first-time grantees, 2024
In 2024, 42 of 139 grantees (30%) were first-time recipients. First grants averaged $7K; repeat grants $32K. How we count
Medians: $2K first-time, $13K repeat.
- 53% of 2024 grantees were also funded in 2023. Method
- Giving grew 37% from 2021 to 2024. Method
- In 2024 it paid out 315% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Maverick Capital Foundation
- How to evaluate Maverick Capital Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Maverick Capital Foundation with AI
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- Track this opportunity in a free grant tracker
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.3M
+13.0% YoY
Annual Giving
$3.4M
+76.3% YoY
Grant Count
189
+30.3% YoY
Avg Grant Size
$18K
+35.3% YoY
Under IRS private-foundation payout rules, Maverick Capital Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to meaningfully improve the lives of others by identifying, funding, and partnering with the most effective nonprofits working to help those in need.
Primary funding areas include:
- Education
- Youth development
- Social and human services
- Community development
- Health and medical research
- Child welfare
- Legal aid
- Hunger relief
- Support for economically disadvantaged people
- Criminal justice
Grantmaking
Grant Range
$5,000
How to Apply
**
Ready to take the next step with Maverick Capital Foundation?
Geographic Focus
Where this funder awards grants
The foundation provides support nationally, with particular emphasis on:
- Dallas, Texas
- New York City
- San Francisco
- Philadelphia
Grant Distribution by State
Share of all 189 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (Fiscal Year Ending December 2024):
- Total Assets: $29.3 million
- Total Revenue: $1.76 million
- Total Expenses: $3.63 million
- Total Liabilities: $491,000
Prior Year Data (Fiscal Year Ending December 2023):
- Total Assets: $25,961,457
- Total Income: $6,557,239
- Total Giving: $1,915,556
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $29,323,975 | $25,961,457 | $19,134,625 |
| Revenue | $1,762,758 | $6,292,638 | $3,487,831 |
| Expenses | $3,629,514 | $3,041,258 | $2,796,821 |
| Qualifying Distributions | $3,963,452 | $2,475,277 | $2,578,523 |
| Net Investment Income | $6,355,885 | $2,508,190 | $1,633,834 |
| Distributable Amount | $1,259,422 | $978,769 | $854,699 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
1,011 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Kipp Nyc ($210,000 across 2 grants), Classical Charter Schools ($160,000 across 2 grants), Cristo Rey New York High School ($160,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| BOTTOM LINE NEW YORK Brooklyn, NY | EDUCATION | $110,000 |
| KIPP NYC New York, NY | EDUCATION | $110,000 |
| MARSHALL PROJECT THE New York, NY | SOCIAL SERVICES | $110,000 |
| PART OF THE SOLUTION Bronx, NY | HUNGER RELIEF | $110,000 |
| BARD PRISON INITIATIVE Annandale on the Hudso, NY | EDUCATION | $100,000 |
| KIPP NYC New York, NY | EDUCATION | $100,000 |
| SAFE HORIZON New York, NY | SOCIAL SERVICES | $100,000 |
| DREAM New York, NY | COMMUNITY OUTREACH | $95,000 |
| BASTA New York, NY | SOCIAL SERVICES | $85,000 |
| CLASSICAL CHARTER SCHOOLS Bronx, NY | EDUCATION | $85,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board and Staff:
- Lee S. Ainslie III - Trustee
- Tony Hairston - Trustee
- Trevor Wiessmann - Trustee
- Keith Hennington - Trustee
- Travis Baird - Executive Director
- Angela Bonato - Program Officer
- Mahesh Ramchandani - Board Chair
- Akanimo U - Board Member
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lee S Ainslie III | Trustee | 0.4 | — |
| Tony Hairston | Trustee | 0.4 | — |
| Trevor Wiessmann | Trustee | 0.4 | — |
| Keith Hennington | Trustee | 0.4 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in recent grant announcements, including:
Mavs Foundation Grants Fuel Life-Changing Programs for Women in TexasSupport for anti-trafficking efforts across North Texas
Mavs Foundation Supports Anti-Trafficking Efforts Across North Texas\_with\Grants supporting life-changing programs for women in Texas
Mavs Foundation Grants Fuel Life-Changing Programs for Women in TexasEmergency grants awarded for winter storm relief in Texas
Mavs Foundation Grants Fuel Life-Changing Programs for Women in TexasSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Maverick Capital Foundation fund?
The foundation's mission is to meaningfully improve the lives of others by identifying, funding, and partnering with the most effective nonprofits working to help those in need. Primary funding areas include: • Education • Youth development • Social and human services • Community development • Health and medical research • Child welfare • Legal aid • Hunger relief • Support for economically disadvantaged people • Criminal justice
How do I apply for a grant from Maverick Capital Foundation?
The foundation does not respond to unsolicited applications for funding. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Maverick Capital Foundation make grants?
The foundation provides support nationally, with particular emphasis on: • Dallas, Texas • New York City • San Francisco • Philadelphia
What size grants does Maverick Capital Foundation award?
In 2024, Maverick Capital Foundation awarded 189 grants totaling $3.4M — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Maverick Capital Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Maverick Capital Foundation reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Maverick Capital Foundation's EIN?
Maverick Capital Foundation's EIN (Employer Identification Number) is 71-0917626. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.