Maverick Foundation

Foundation · Grantmaker Palo Alto, CA EIN: 77-0541367

Maverick Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Palo Alto, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $29K in total assets.

Key facts about Maverick Foundation

EIN
77-0541367
Latest 990 filing
Form 990-PF, 2025
Total assets
$29,470

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$29K

-17.5% YoY

Revenue

$1K

-43.6% YoY

Net Investment Income

—

Expenses

$8K

-66.7% YoY

Under IRS private-foundation payout rules, Maverick Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

How Maverick Foundation gives

  • In 2024 it paid out 881% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Wilson

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K0 grants20190 grants20200 grants20211 grants20220 grants20231 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2019202020212022202320242025
Metric202520242023
Total Assets$29,470$35,730$56,031
Revenue$1,240$2,199$1,470
Expenses$7,500$22,500$7,526
Qualifying Distributions—$18,750$3,750
Net Investment Income———
Distributable Amount$1,531$2,128$3,029

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 11, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 16, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 23, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 24, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 26, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Maverick Foundation is led by Gayla J. Compton, President & Director on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gayla J. Compton

    President & Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kevin R. Compton

    Secretary, Director & Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Maverick Foundation

How large is Maverick Foundation?

Maverick Foundation reported $29K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1K.

What is Maverick Foundation?

Maverick Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Palo Alto, CA. It holds $29K in total assets as of 2025.

Where does Maverick Foundation operate?

Maverick Foundation has awarded grants in Wyoming.

How much is Maverick Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Maverick Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Maverick Foundation's EIN?

Maverick Foundation's EIN (Employer Identification Number) is 77-0541367. IRS Form 990 filing data is available on this page for 2019–2025.

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

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