Maxcy Foundation Inc
Maxcy Foundation Inc is a private foundation, based in Lake Wales, FL. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $940K in total assets. In 2026, it awarded 5 grants totaling $61K. Net investment income was $37K.
Key facts about Maxcy Foundation Inc
In short: Maxcy Foundation Inc gave $61K across 5 grants in 2026 (avg $12K), mostly in Florida. Source: 2026 IRS Form 990-PF.
- EIN
- 59-6137284
- Latest 990 filing
- Form 990-PF, 2026
- Annual giving (2026)
- $60,822
- Grants made (2026)
- 5
- Average grant
- $12,164
- Median grant
- $5,522
- Total assets
- $940,057
- Primary geography
- Florida (100% of itemized 2026 grant dollars)
Data from IRS Form 990-PF, 2026; updated September 2026.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$940K
+5.9% YoY
Annual Giving
$61K
+12.4% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$12K
-32.6% YoY
Under IRS private-foundation payout rules, Maxcy Foundation Inc reported a distributable amount of $52K for 2026 — the minimum it must pay out in qualifying distributions.
How Maxcy Foundation Inc gives
- Giving grew 164% from 2023 to 2026. Method
- In 2026 it paid out 128% 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
Share of 2026 grant dollars across all 5 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $23K (2023) to $76K (2021). In 2026 it made 5 grants totaling $61K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2026
The largest 2026 recipient was Polk Education Foundation ($40K). Together the top 5 received $61K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 15 grants of 16 (94%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Polk Education Foundation Bartow, FL | Education | $40,000 |
| Florida Wildflower Studios Frostproof, FL | Educational | $12,200 |
| City of Frostproof Library Frostproof, FL | Education | $5,522 |
| Frostproof Historical Museum Frostproof, FL | Education | $3,000 |
| City of Frostproof - Chamber of Com Frostproof, FL | Education | $100 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $940,057 | $887,294 | $889,478 |
| Revenue | $119,932 | $58,041 | $48,581 |
| Expenses | $66,691 | $59,412 | $38,580 |
| Qualifying Distributions | $66,691 | $59,412 | $38,580 |
| Net Investment Income | $36,971 | $34,383 | $31,609 |
| Distributable Amount | $51,921 | $51,204 | $48,501 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS July 26, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Maxcy Foundation Inc is led by Cynthia Wilson Henry, President on every filing since 2021; none of the 2 officers listed in 2026 report compensation.
Officers on the 2026 filing
Cynthia Wilson Henry
President
On filings since 2021
No compensation reported
Terri Weeder
Secretary & Treasurer
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2026. "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 Maxcy Foundation Inc
How much does Maxcy Foundation Inc give each year?
Maxcy Foundation Inc gave $61K across 5 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $54K across 3 grants.
What is Maxcy Foundation Inc's typical grant size?
Maxcy Foundation Inc's median grant in 2026 was $5,522, and its average grant was $12,164, across 5 grants on its 2026 IRS Form 990-PF.
Where does Maxcy Foundation Inc give grants?
Maxcy Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Frostproof, FL (4 grants).
Does Maxcy Foundation Inc give general operating support?
Not in 2026: none of the 5 grants with a stated purpose on Maxcy Foundation Inc's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (4 grants).
Who are Maxcy Foundation Inc's largest grantees?
Maxcy Foundation Inc's largest 2026 grantees include Polk Education Foundation ($40,000), Florida Wildflower Studios ($12,200) and City of Frostproof Library ($5,522), according to its 2026 IRS Form 990-PF. Together they received 95% of its itemized 2026 grant dollars.
How large is Maxcy Foundation Inc?
Maxcy Foundation Inc reported $940K in total assets on its 2026 IRS Form 990-PF. It paid out $67K in qualifying distributions that year, against a required minimum of $52K (roughly 5% of its investment assets).
What is Maxcy Foundation Inc's EIN?
Maxcy Foundation Inc's EIN (Employer Identification Number) is 59-6137284. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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