Maxcy Foundation Inc

LAKE WALES, FL EIN: 59-6137284

Maxcy Foundation Inc is a private foundation, based in LAKE WALES, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $887K in total assets. In 2025, it awarded 3 grants totaling $54K. Net investment income was $34K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$887K

-0.2% YoY

Annual Giving

$54K

+64.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$18K

+64.0% YoY

Under IRS private-foundation payout rules, Maxcy Foundation Inc reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.

About Maxcy Foundation Inc

Based on IRS filings

Maxcy Foundation Inc is a private foundation, based in LAKE WALES, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $887K in total assets. In 2025, it awarded 3 grants totaling $54K. Net investment income was $34K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BartowClemsonFrostproof

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22K$45K$67K$90K20212022202320242025
Metric202520242023
Total Assets$887,294$889,478$879,809
Revenue$58,041$48,581$5,579
Expenses$59,412$38,580$29,031
Qualifying Distributions$59,412$38,580$29,031
Net Investment Income$34,383$31,609$23,880
Distributable Amount$51,204$48,501$47,359

Giving Over Time

Total grant dollars and number of grants per year

$0$19K$38K$57K$76K4 grants20214 grants20221 grants20233 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

POLK EDUCATION FOUNDATION$50KCITY OF FROSTPROOF - CHA…$3KFLORIDA WILDFLOWER STUDIOS$1K

Grant Size Distribution

15 grants across all recorded years

14<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Polk Education Foundation ($50,105), City of Frostproof - Chamber of Com ($3,000), Florida Wildflower Studios ($1,000).

RecipientPurposeAmount
POLK EDUCATION FOUNDATION BARTOW, FLEDUCATION$50,105
CITY OF FROSTPROOF - CHAMBER OF COM FROSTPROOF, FLEDUCATION$3,000
FLORIDA WILDFLOWER STUDIOS FROSTPROOF, FLEDUCATIONAL$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
CYNTHIA WILSON HENRYPRESIDENT
TERRI WEEDERSECRE/TREAS

Frequently Asked Questions

How large is Maxcy Foundation Inc?

As of 2025, Maxcy Foundation Inc holds $887K in total assets with $58K in annual revenue. It awarded 3 grants totaling $54K in 2025.

Where does Maxcy Foundation Inc operate?

Maxcy Foundation Inc has awarded grants in Florida, South Carolina.

What size grants does Maxcy Foundation Inc award?

In 2025, Maxcy Foundation Inc awarded 3 grants totaling $54K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is Maxcy Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Maxcy Foundation Inc reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2021–2025.

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

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