Maxon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $233K in total assets. In 2024, it awarded 22 grants totaling $31K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$233K
-3.4% YoY
Annual Giving
$31K
+10.3% YoY
Grant Count
22
-4.3% YoY
Avg Grant Size
$1K
+15.3% YoY
Under IRS private-foundation payout rules, Maxon Foundation reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
About Maxon Foundation
Based on IRS filings
Maxon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $233K in total assets. In 2024, it awarded 22 grants totaling $31K. Net investment income was $26K.
Focus Areas
Ready to take the next step with Maxon Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $232,832 | $240,928 | $254,527 |
| Revenue | $27,420 | $20,615 | $22,544 |
| Expenses | $35,516 | $34,314 | $25,158 |
| Qualifying Distributions | $33,635 | $32,778 | $23,500 |
| Net Investment Income | $25,539 | $19,079 | $20,886 |
| Distributable Amount | $29,077 | $25,648 | $25,655 |
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
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Albans School ($10,500), Bishop Walker School for Boys ($3,500), Rose-hulman Institute of Technology ($3,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AVALON THEATER PROJECT WASHINGTON, DC | CHARITABLE | $100 |
| BISHOP WALKER SCHOOL FOR BOYS WASHINGTON, DC | EDUCATIONAL | $3,500 |
| CHAMBER MUSIC SOCIETY OF LINCOLN CENTER NEW YORK, NY | CHARITABLE | $250 |
| DEERFIELD ACADEMY DEERFIELD, MA | CHARITABLE | $100 |
| DUKE UNIVERSITY DURHAM, NC | EDUCATIONAL | $3,000 |
| FRIENDS OF SULGRAVE MANOR RICHMOND, VA | CHARITABLE | $100 |
| HOUSE OF RUTH WASHINGTON, DC | CHARITABLE | $200 |
| IONA HOUSE WASHINGTON, DC | CHARITABLE | $100 |
| JUBILEE JOBS WASHINGTON, DC | EDUCATIONAL | $200 |
| LEVINE SCHOOL OF MUSIC WASHINGTON, DC | CHARITABLE | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SOPHIA M ACKERLY | TRUSTEE | 0.5 | — |
| DANA T ACKERLY | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Maxon Foundation?
Maxon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, DC. It holds $233K in total assets as of 2024.
How large is Maxon Foundation?
As of 2024, Maxon Foundation holds $233K in total assets with $27K in annual revenue. It awarded 22 grants totaling $31K in 2024.
Where does Maxon Foundation operate?
Maxon Foundation has awarded grants in District of Columbia, Indiana, Massachusetts, Maryland, North Carolina, New York, Virginia.
What size grants does Maxon Foundation award?
In 2024, Maxon Foundation awarded 22 grants totaling $31K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Maxon Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Maxon Foundation reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Maxon Foundation's EIN?
Maxon Foundation's EIN (Employer Identification Number) is 52-6722157. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Maxon Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Demand Justice Initiative
WASHINGTON, DC
Assets
$7.6M
Grants
1
Total Given
$225K
American Academic Leadership Institute
WASHINGTON, DC
Assets
$3.6M
Grants
2
Total Given
$50K
Cnfa
WASHINGTON, DC
Assets
$18.3M
Grants
9
Total Given
$4.2M
Partnership for a Healthier America
WASHINGTON, DC
Assets
$10.8M
Grants
12
Total Given
$350K
Association of Schools of Allied Health
WASHINGTON, DC
Assets
$2.3M
Grants
2
Total Given
$60K
Fulcrum Foundation Inc
WASHINGTON, DC
Assets
$53K
Grants
10
Total Given
$13K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Maxon Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Maxon Foundation to a real strategy.