Maximus Foundation

MCLEAN, VA EIN: 54-1993677

Maximus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $3.4M. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+27.2% YoY

Annual Giving

$3.4M

-4.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3.4M

-4.0% YoY

Under IRS private-foundation payout rules, Maximus Foundation reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.

About Maximus Foundation

Based on IRS filings

Maximus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $3.4M. Net investment income was $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

McleanReston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$1,440,383$1,132,004$1,097,979
Revenue$3,757,038$3,623,072$686,413
Expenses$3,448,659$3,589,045$2,259,176
Qualifying Distributions$3,444,108$3,585,754$2,353,621
Net Investment Income$2,514
Distributable Amount$72,264$58,202$107,532

Giving Over Time

Total grant dollars and number of grants per year

$0$896K$2M$3M$4M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

See Statement 1$3.4M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Statement 1 ($3,444,108).

RecipientPurposeAmount
See Statement 1 McLean, VAProgram Support$3,444,108

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Arvenita W CherryPresident & Chairperson
Jessica SmithSecretary
David CaseyTreasurer
Jessica BattDirector
Kelly Blaschke TreharneDirector
Benjamin R CossDirector
Kenneth Fisher JrDirector
Byron FrenchDirector
Kinte IbbottDirector
Ferdinand MoralesDirector
Terrence RafteryDirector
Lisa SimmonsSecretary
Paula WalesDirector
Julia WillisDirector

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Maximus Foundation?

Maximus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. It holds $1.4M in total assets as of 2024.

How large is Maximus Foundation?

As of 2024, Maximus Foundation holds $1.4M in total assets with $3.8M in annual revenue. It awarded 1 grants totaling $3.4M in 2024.

Where does Maximus Foundation operate?

Maximus Foundation has awarded grants in Virginia.

What size grants does Maximus Foundation award?

In 2024, Maximus Foundation awarded 1 grants totaling $3.4M — an average of about $3.4M per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Maximus Foundation reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Maximus Foundation's EIN?

Maximus Foundation's EIN (Employer Identification Number) is 54-1993677. IRS Form 990 filing data is available on this page for 2020–2024.

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

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